sword of Damocles
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It is easier to stay on top than some may think. Keep raising the bar. Growth is intrinsic to evolution. More you evolve, more diverse that evolution, greater your growth, higher the bar gets
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This is completely misleading and propagandistic. Yes, the "1%" changes (between the top 10%). In other words, if you're currently in the 20% range, your odds of making it are almost nil. It's like how Bezos and Gates constantly switch for the richest person in the world.
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“over 50 percent of Americans find themselves among the top 10 percent of income-earners for at least one year during their working lives”
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Highly recommend
@EconTalker 's write up & related video embedded in post. The statistics promulgated about the wealthy tend to be very misleading, and Russ does a great job of parsing out the data behind the article you mentioned.https://medium.com/@russroberts/do-the-rich-capture-all-the-gains-from-economic-growth-c96d93101f9c …Thanks. Twitter will use this to make your timeline better. UndoUndo
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