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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (301784)	8/31/2006 7:03:43 PM
From: tejek	Read Replies (2) \| Respond to of 1576434

"According to the tax data, 85.8 percent of filers in the bottom quintile in 1979 had exited this quintile by 1988. The corresponding mobility rates were 71 percent for the second lowest quintile, 67 percent for the middle quintile, 62.5 percent for the fourth quintile, and 35.3 percent for the top quintile." In other words 85.8% of people that where in the poorest 20%, where no longer in the poorest 20% 9 years later and over a third that where in the richest 20% dropped out of that group within 9 years. Do you honestly believe such BS? Think about it......Armey is saying that 85% of the lower class elevates or goes somewhere after 9 years. If that were true, nearly all of our inner city slums should be gone after 9 years. Only 15% of the lower class would be left. They certainly wouldn't need the same amount of space as was needed 9 years earlier. So then why are the numbers of people falling under the poverty level growing in this country and inner city slums not getting any smaller? And please don't come back and tell me that new lower class people are dropping down from the middle and/or upper classes.