So says Economist Joseph Stiglitz in this op-ed.
Today, the United States has less equality of opportunity than almost any other advanced industrial country. Study after study has exposed the myth that America is a land of opportunity.
Stiglitz goes on to talk about how higher education is simply out of reach. It's true, education was the great social leveler in the past. If one was poor after WWII, there was still a way forward through college.
Americans are coming to realize that their cherished narrative of social and economic mobility is a myth. Grand deceptions of this magnitude are hard to maintain for long — and the country has already been through a couple of decades of self-deception.
Without substantial policy changes, our self-image, and the image we project to the world, will diminish — and so will our economic standing and stability. Inequality of outcomes and inequality of opportunity reinforce each other — and contribute to economic weakness.
Equality has to be one of the biggest rhetorical lies coming out of Washington D.C. Dream on if one is not born into it, America for reality says you're going nowhere.