Some 94 percent of Americans who reach “top 1 percent” income status will enjoy it for only a single year. Approximately 99 percent will lose their “top 1 percent” status within a decade.
Now consider the top 400 U.S. income-earners—a far more exclusive club than the top 1 percent. Between 1992 and 2013, 72 percent of the top 400 retained that title for no more than a year. Over 97 percent retained it for no more than a decade.
– Chelsea Follett, High Turnover Among America’s Rich
Short Story – “Actions Have Consequences.”
He sat back into his seat, in his man cave. It had been a long day. He held the whisky. It bit when he sipped. Eyes open ahead as he gulped it down. The glass empty. He poured another. He was still in his uniform. The day had been long. “Are you in there Daddy?” his...
