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


To: Tenchusatsu who wrote (397760)7/11/2008 1:35:16 AM
From: tejek  Read Replies (1) | Respond to of 1574852
 
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.

So are you saying people of color in this country are not as mobile as whites?



To: Tenchusatsu who wrote (397760)7/11/2008 1:38:50 AM
From: tejek  Read Replies (1) | Respond to of 1574852
 
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.

It may well be 100% if you consider the top 10% instead of the top 5%. Remember even the very rich have more than one child.....that would dilute any estate. That doesn't mean the children end up poor; just not as quite as rich as the parents.

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.

When people think of class mobility, they think of going up, not down. I think its horrendous that in a country as prosperous as this country, a third of the middle class can drop to the lower classes. Why do you not see that?

Its too bad, Ten, but you don't want to believe you've been sold a bill of goods.