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11-26-2007 5:45 PM523 views
masbury says:
British climb out of poverty more commonly
6 Comments   | Add a Comment
11-26-2007 9:39 PM
sahara
Perhaps because America IS dreaming, and it is time to wake up!
11-26-2007 9:45 PM
righthand
just 6 percent of children born to parents who ranked in the bottom fifth of the study sample, in terms of income, were able to bootstrap their way into the top fifth.
This 6% joining the top 20% is more than I would have expected.
11-26-2007 11:04 PM
pokkets
Americans fulfilling their dreams, are an inconvenience for anyone in control. Are they invited to the elite, or kicked back into the basement? Will them having the freedom that money can provide, turn them into a threat?
The Rich Snipe their own. The middle class are easy pickings.
As they always say in the Fascism business, Keep 'em Poor, and Ignorant.
Now Beer and Circuses will soon be banned, due to alcoholism, and Animal rights .
And always tell them dreams can still come true.
I noticed the Bill of Rights promised the right to pursue happiness. That suggests something that can only be pursued, never caught.
11-27-2007 12:40 AM
masbury
Righthand, I didn't know what to expect, but I was sure it was low. Of course, it is a smaller number than it seems at first glance, being 5% of 100% of the bottom fifth, not of the population. If I am dividing correctly, that would be 1% of the population or, say, .5% of the bottom half.
It really is a common notion here - one that is a constant excuse for conservatism's dogmatic rejection of government effort to improve the lot of the poor - that anybody not "making it" is somehow just not doing what hard-working Americans know to do, and wants to take their money away. It is mind-bogglingly ignorant.
I'll bet the bottom-to-top movement is a higher percentage in Ireland.
11-27-2007 1:45 AM
n2sooners
Funny how wording can make a study into something it isn't. The study was actually conducted examining tax returns from 1996 to 2005 so it wasn't how many EVER moved up, it was how many moved up in a single decade. And in that decade, nearly 6 out of every 10 people living in the bottom 20% moved into a higher bracket. About 25% moved up to middle or upper middle class, and in ten years, over 5% of them moved from the bottom 20% to the top 20%.

For the next 20%, half moved up while only 17% moved down. And the only group that suffered more losses than gains was the top 1%. They lost over 25% of their income and nearly 6 in 10 of them fell into a lower income bracket.

And remember, this is ...
11-30-2007 10:11 PM
masbury
OK, .05 of Americans move from the poorest quintile to the richest during a decade. Good for them. But is that the big story here? Is that characteristic of people in America generally?
an incredible 42 percent of children born into that lowest quintile are still stuck at the bottom, having been unable to climb a single rung of the income ladder.
Now we're talking about numbers more characteristic of life in poverty. Four out of ten parents in poverty will not see their children escape it in any given decade. We're talking about fierce, degrading, hopeless poverty here, and we're talking about nearly a tenth of the American people.

Conservatism so often points to a few pr...
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