Is Upward Mobility a Fantasy?

During last week's State of the Union address, President Obama offered the usual bromides about giving every citizen a fair shake. "Here in America," he said, "our success should not depend on accident of birth, but the strength of our work ethic and the scope of our dreams....It's how the son of a barkeep is the Speaker of the House, how the son of a single mom can be president of the greatest nation on Earth."

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