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


To: tejek who wrote (337393)5/16/2007 3:14:00 PM
From: SilentZ  Read Replies (1) | Respond to of 1575174
 
>Whether this is true or not and it usually takes a generation for one to go from poor to wealthy,

Usually more, no? I think I read that only 17% of people in the U.S. change classes in their lifetimes.

-Z



To: tejek who wrote (337393)5/26/2007 5:13:02 PM
From: TimF  Respond to of 1575174
 
Whether this is true or not and it usually takes a generation for one to go from poor to wealthy

I'm not talking about going from poor to wealthy, but from poor to wealthier. Wealthier could include still being poor.

In my example everyone gained wealth (or actually income), but no one went from poor to wealthy. The poorest person in year 10 is poorer then the poorest in year 1, but they are different people. "Jose" is better off than he was in year 1, but the stats show the poorest as getting poorer, because he wasn't in the set being considered in year 1 (because then he was in Mexico)