Comments about ‘My view: The American Dream: Rethinking mobility in Utah’

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Published: Sunday, April 27 2014 12:00 a.m. MDT

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airnaut
Everett, 00

And when the economy tanks again,
and lay-offs start, again
-- who do you think gets hit first and hardest?

Is it the kid "MAKING" the product for minimum wage,
or the smug college kid making 10 times that as the manager?

pragmatistferlife
salt lake city, utah

Probably the best "my view" ever published in the Deseret News.

Malcom Gladwell did an excellent job of describing this process in his book outliers. Success is made up of talent, work, and opportunity.

What Mr. Nielson is talking about is the opportunity portion of this formula. Opportunity comes in many forms. As Gladwell points out it can be as simple as your birth month, or as dynamic as the social environment when you begin your career.

Sadly many are deluded by their effort thinking the effort itself created the opportunity rather than realizing the effort allowed them to take advantage of the opportunity.

Providing opportunity is the brand of liberalism that is suggested here on this thread by it's progressive contributors. But somehow many choose to distort that message into one of the government needs to provide a cradle to grave environment.

Know that we progressives are probably not going to agree much with the conservatives on details of an opportunity policy discussion but don't be mislead that we have forgotten the need for talent and work in order to achieve success.

one vote
Salt Lake City, UT

The American dream is now marrying into a family controlling or inheriting wealth, winning a lottery, or an internet start out company to be bought out for billions.

10CC
Bountiful, UT

I agree with the author that we all benefit individually from society's investment in us, and this helps provide the skills for climbing the economic ladder.

At the same time, as we each climb the ladder alone, we'll pass people who have less of the ingredients necessary for success, and we may even have our ladder pulled out from underneath us, as many others will.

With a pile of broken ladders and defeated people on the ground, it's understandable how some have started to ask what the point is to navigating the ladder upward in the first place? Is there a way we can help each other up the mountain, and provide for those who have broken legs from previous attempts up the ladder?

The Real Maverick
Orem, UT

3 decades of failed Reaganomics has led to the destruction of the American worker and the American dream.

marxist
Salt Lake City, UT

The overall real wage in the United States has been stagnant for 30 years. Non-financial capital can only do so much in the face of that. Labor has not been rewarded for its increased productivity. Only economists of the Marxian variety can explain the reasons for and consequences of this.

mark
Salt Lake City, UT

Mr. Nielson, fine oped. Would the D News not allow you to put in a plug for the restaurants you manage? I'd probably come have dinner.

Anyway it's nice to see people that have worked hard to be successful at their careers recognize the "invisible resources" that have done so much to help them. I'm a big fan of self made business people, especially ones that recognize the truths you espouse.

Sven
Morgan, UT

Sadly Mr. Nielson, the economic policies set forth by the progressives who are currently running our Federal Government, are systematically destroying the economic future for our kids. Free Market Capitalism works every time it’s tried; Marxist policies fail every time they’re tried.

When Reagan entered office in 1981, he was facing double digits in inflation, interest rates and unemployment. So what did he do?

1) Cut tax rates to stimulate growth. Cut top income tax rate from 70% to 50%, with an income tax rate reduction of 25% for everyone. Further cut taxes in 1986. Businesses able to hire more people, Americans with more disposable income.

2) Spending reductions (non defense discretionary). Spending was 23.5% of GDP in 1983 and 21.2% in 1989 even with the US defense buildup.

3) Anti-Inflation monetary policy. Stabilized our weak dollar by controlling money supply growth compared with demand

4) Deregulation. He eliminated artificial price controls on oil and natural gas. Price of oil declined by 50%.

Results from 1982 to 1990:

* Economy grew by one third!

* Inflation cut to 3.2%

* 20 million new jobs created!

* Unemployment fell to 5.3%

How does Dear Leader’s economic record stack up to Reagan’s?

RBB
Sandy, UT

Three decades of failed Reaganomics? The President has been a Democrat for 13 of the last 21 years and Dem control of the Senate since 2006. Please tell me how the last five years have been better than Reagan's term in office. The middle class has been sinking fastest with Pres. Obama at the helm.

Reagan was handed a recession and turned it into growth.

Bush was handed a recession and 9/11 and turned it into growth.

Obama was handed a recession and 5 years later middle class income had gone DOWN 10%, but at least food stamps is at an all time high.

pragmatistferlife
salt lake city, utah

" the progressives who are currently running our Federal Government, are systematically destroying the economic future for our kids. "

And there goes the conversation...that's all that needs to be said.

Sven
Morgan, UT

pragmatistferlife said:

"And there goes the conversation...that's all that needs to be said."

That's all you have...really?

I pointed out specifics of how Reagan took a disastrous economy and grew it more than any other time in our nation's history. In short, the main way Reagan grew our economy was by 1) cutting both capital gains taxes (enabling businesses to expand and hire more people), and the individual income tax burden (giving Americans more disposable income to either spend or save), and 2) Deregulation.

Okay, so tell us, other than raising taxes (individual, payroll, death, capital gains etc.) what has Obama done for our economy? Please be specific.

Under Obama:

* Real unemployment is over 14% (And no, it's not 8-9% like the Obama likes to tell us)

* 92 million Americans are out of the workforce; the highest rate in 35 years

* Over 47 million Americans are on food stamps; which is almost double what it was in January 2009.

* College Grads cannot find jobs; more and more are living with mom and dad

* The CBO Report from 2/4/2014 projected that Obamacare will reduce the number of hours Americans work by the equivalent of 2.5 million full-time jobs.

((Crickets))

Hank Pym
SLC, UT

re: Sven

The country has had nothing but Ivy Leaguers in the Oval Office since 1989.

How exactly has the nation faired? I'll tell you... its slowly circling the drain.

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