Vincent Geloso - What Effects Income Mobility?
The Curious Task
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Is There a Relationship Between Income Inequality and Income Mobility?
Even in the worst case scenario of societies with rising inequality right now, the poor are still seeing increases in living standards across the board. The relation is not an inverse relationship. It's literally nearly one for one, if not a bit more. So it's, there's no argument for the poor are falling. That's, that's poor shit, literally a horse shit where there is growth. But they are enjoying some of that growth, maybe not evenly, but they are.
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