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

To: TimF who wrote (301796)	8/30/2006 9:34:33 PM
From: Road Walker	Read Replies (1) \| Respond to of 1576346

re: The data from the House study is somewhat out of date but there hasn't been any truly massive shift in the way the economy operates since than.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. There has been a massive shift, in my opinion. You state your opinion as fact, and pull out dubious 18 year old statistics. Frankly the 1920's is a better analogy. re: 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. Hell it isn't. It's just like a stock chart, you can pick your time frame to make any positive or negative argument. His time frame was really strange... wonder why? re: And finally its more detailed, relevant and up to date than any data I have been presented that would support the opposite argument. I can show you "data" that supports that the Bush admin did 9/11. You can't show me data that they didn't. Does that mean they did? What was the original Krugman point anyway? Do you have a link? We're so caught up in Fowler minutia that I can't even remember.

To: TimF who wrote (301796)	8/30/2006 10:55:49 PM
From: combjelly	Read Replies (2) \| Respond to of 1576346

"but there hasn't been any truly massive shift in the way the economy operates since than." Sure there has. From the 1970s through much of the 1980s it was still possible to join a company and work your way up. Middle management started to vanish during the 1980s and by the 1990s the job was pretty much complete for many businesses. So there were a lot of jobs where you started in the lowest quintile and within a few years worked your way out of it. There just aren't that many any more. Some of them, like starting as a driver at Domino's and working your way up to manager can still leave you in the lowest quintile. I know about this one from personal experience.