Opportunity, Equality?

“And in fact, the evidence reveals that it is not economic inequality that frustrates Americans. Rather, it is a perceived lack of opportunity. To focus our policies on inequality, instead of opportunity, is to make a serious error — one that will worsen the very problem we seek to solve and make us generally unhappier.”

“An accurate and constructive vision of America sees a land of both inequality and opportunity, in which hard work and perseverance are the keys to jumping from the ranks of the have-nots to those of the haves. This vision promotes policies focused not on wiping out economic inequality, but rather on enhancing economic mobility. These policies include improving educational opportunities, addressing cultural impediments to success, enhancing the fluidity of labor markets, searching for ways to include all citizens in America’s investing revolution, and protecting the climate for entrepreneurship.

To focus our policies on opportunity, instead of equality, will address Americans’ real concern, and make us happier to boot.”

http://online.wsj.com/article/SB118480740231771091.html

Plus:

Hal Varian joins Google

and

Google Stocks Down on Increased Spending

and,

the new Prince album, coming out July 24th, is amazing!

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