Income Inequality Impairs the American Dream of Upward Mobility Debate

Listen to a stimulating debate over income inequality in America and whether or not it hinders the mobility of lower or middle income households to be upwardly mobile economically. Both sides agree income inequality is increasing and that upward mobility is not as good as it should be, especially among the poor. But they disagree as to whether income inequality is the cause of this lack of upward mobility. The side against the motion argues that the data is not there to support that upward mobility is declining in America. They feel that the ever-increasing wealth of the top 1% creates incentives and opportunities for the lower and middle classes to rise up the economic ladder. The side arguing for the motion says it is too soon to tell whether future generations are declining in economic mobility since the increasing income gap has only been on the rise since the late 1970s. They plead that common sense shows us a declining middle class and a working poor that is finding it harder and harder to move up the economic ladder as they struggle to make ends meet. They argue that higher taxation of the super rich can be funneled into innovative programs such as education to bring back the thriving middle class in America. It is a well argued debate from both sides with interesting results at the end from the audience that votes on the motion.

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Income Inequality Impairs the American Dream of Upward Mobility

by Edward Conard

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