Salah M Salah
Policy response
April 25th 2014
From Rags to Riches to Rags
Introduction-
The author discusses how the entire argument regarding the top 1% and the “bottom” 99% of society is a void one, claiming that a large proportion of the population here in the US have been a part of the top 20, 10, 5, even top 1 % of the income distribution at some point in their lives for at least a year of their lives, where they enjoy economic prosperity during the time, albeit a relatively short one. The…
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