Re: Obama XVIII : Now with 100% more Gov't sponsored starvation
Try again. mobility across quintiles, deciles, whatever, can depend on a variety of factors, including the range of income....could a country with less opportunity, for whatever reason, have a tighter income distribution? Could movement between those quintiles happen more frequently due to the tighter range? Sounds plausible to me. Do you think it is possible income is tied to age and perhaps just an aging population could impact the income mobility in a country?
In the US you can start a small pizza chain and end up a multi-millionaire, you can sell rubber bracelets and make millions, you can invent (or steal) a social networking idea and make billions, you can drop out of the school daddy paid for you to attend and start a small software company and end up one of the richest people in the world, you can play golf and make hundreds of millions of dollars...whether we are just lucky as Kepler would contend, or we have more smart people, or we have one of the largest and most affluent markets, or all three of those plus another 20 reasons...it appears that there is more opportunity to earn a very large income in the US. We should apologize for that. And the taxes from those incomes fund more of what the government does than any amount of hand-wringing ever will...of course, I don't believe there are twenty people that were all set to make $300k a year until Bill Gates took their income by making millions himself...I'm really not aware of a cap on total US income and every person making more than the average forces somebody else to go hungry.
Since heredity plays a part in intelligence, I'm not suprised that many wealthy people had wealthy parents. If your parents work and earn an above average income, assuming they weren't just 'lucky' then you might inherit more than just money, could be intelligence, creativity, risk taking, work ethic...and maybe, just maybe that would have an impact on your income...but I'm just spitballin' here.
Try again. mobility across quintiles, deciles, whatever, can depend on a variety of factors, including the range of income....could a country with less opportunity, for whatever reason, have a tighter income distribution? Could movement between those quintiles happen more frequently due to the tighter range? Sounds plausible to me. Do you think it is possible income is tied to age and perhaps just an aging population could impact the income mobility in a country?
In the US you can start a small pizza chain and end up a multi-millionaire, you can sell rubber bracelets and make millions, you can invent (or steal) a social networking idea and make billions, you can drop out of the school daddy paid for you to attend and start a small software company and end up one of the richest people in the world, you can play golf and make hundreds of millions of dollars...whether we are just lucky as Kepler would contend, or we have more smart people, or we have one of the largest and most affluent markets, or all three of those plus another 20 reasons...it appears that there is more opportunity to earn a very large income in the US. We should apologize for that. And the taxes from those incomes fund more of what the government does than any amount of hand-wringing ever will...of course, I don't believe there are twenty people that were all set to make $300k a year until Bill Gates took their income by making millions himself...I'm really not aware of a cap on total US income and every person making more than the average forces somebody else to go hungry.
Since heredity plays a part in intelligence, I'm not suprised that many wealthy people had wealthy parents. If your parents work and earn an above average income, assuming they weren't just 'lucky' then you might inherit more than just money, could be intelligence, creativity, risk taking, work ethic...and maybe, just maybe that would have an impact on your income...but I'm just spitballin' here.
