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Equality & Envy

The Genius of Thomas Sowell

CHAPTER

The Rich and the Poor Together Are Not That Numerous

So- Will: The rich and the poor put together are not a major segment of the American population. Most who are considered poor at one point in their lives move up into higher socio-economic brackets later in life, he says. Only 3% of Americans remain in the bottom 20% for as long as eight years, So- Will writes.

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