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

To: Road Walker who wrote (301793)	8/30/2006 8:21:17 PM
From: TimF	Read Replies (2) \| Respond to of 1575981

The data from the House study is somewhat out of date but there hasn't been any truly massive shift in the way the economy operates since than. Perhaps social mobility is slightly less than it was in 1988, but there is no night and day difference. The time frame may or may not have been selected to re-enforce Armey's point, but even if it was the 85% shift out of the bottom 20% isn't going to change to something like 10% if you move the time frame a year or a decade in either direction. Also that was only the first and most detailed item. The later data in the other links is less detailed but it supports the same conclusion. And finally its more detailed, relevant and up to date than any data I have been presented that would support the opposite argument.