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aceventura3 · 10-24-2007, 12:58 PM

Your post begs the question of how the top 10% accumulated 70% of the "wealth" in this nation?

I would argue that the majority of those top 10% started poor or middle class.

I would further argue that the top 10% is dynamic, meaning the top 10% today are not the same top 10% ten years ago.

And since about 35% of the population is 24 years-old or less (generally people in this category have no assets, in case you did not know and are one of the few with a big trust fund), seems to me that you might want to do some adjusting to that 50% of the population only having 2.5% of the assets number.

10-24-2007, 12:58 PM	#24 (permalink)
aceventura3 Junkie Location: Ventura County	Your post begs the question of how the top 10% accumulated 70% of the "wealth" in this nation? I would argue that the majority of those top 10% started poor or middle class. I would further argue that the top 10% is dynamic, meaning the top 10% today are not the same top 10% ten years ago. And since about 35% of the population is 24 years-old or less (generally people in this category have no assets, in case you did not know and are one of the few with a big trust fund), seems to me that you might want to do some adjusting to that 50% of the population only having 2.5% of the assets number. __________________ "Democracy is two wolves and a sheep voting on lunch." "It is useless for the sheep to pass resolutions on vegetarianism while the wolf is of a different opinion." "If you live among wolves you have to act like one." "A lady screams at the mouse but smiles at the wolf. A gentleman is a wolf who sends flowers."