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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (26272)2/22/2008 8:37:40 PM
From: J_F_Shepard  Read Replies (1) of 71588
 
" One issue not discussed, but covered in other studies, is the transience of people in the bottom quintile of income. Most of us imagine the same people in poverty survey after survey, and again that is probably true for the hard core of 2-3 million. But many of the rest move out of poverty over time. I"

bendweekly.com

But it's notable that more than half the people who started out poor still were poor nine years later. Of those who started in the middle-income group, about a third stayed there. The rest were split pretty evenly between those who climbed higher and those who slipped down. By contrast, the well-off tend to stay that way. More than 85 percent of those who started out in America's the richest quintile were still there a decade later.
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