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
The Kyle Anzalone Show: Is Trump Making Himself a Dictator? Unchecked Power And A Looming War
A president on camera says only his own morality can stop him. That single line sets the tone for a high-stakes hour where we track real-time war signals around Iran, interrogate the Greenland fantasy, and examine how power bends rules when no one close is willing to...
