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


To: tejek who wrote (397725)7/10/2008 3:24:31 PM
From: HPilot  Read Replies (1) | Respond to of 1574845
 
While class mobility is possible in this country, its not probable.

Then why do you buy lottery tickets?



To: tejek who wrote (397725)7/10/2008 5:56:54 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1574845
 
Ted, that looks pretty good to me. I don't expect people who are dirt-poor to reach super-rich status overnight, or even in one generation. Among other things, they have to spend their hard-earned money supporting the family.

Meanwhile, the children of the rich only have a 22% chance of staying rich. In a society where class mobility doesn't exist, that percentage should be close to one hundred.

And if the middle class has a 1/3 chance of rising, 1/3 chance of falling, and a 1/3 chance of staying where they are, that's pretty mobile to me.

As for the comparative statistics on class mobility vs. other nations, it's funny how the ones that do well are the ones which have the least diverse populations.

Tenchusatsu