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
New Episode of The Kyle Anzalone Show [GUEST] James W. Carden on Hawks in the White House
Donald Trump campaigned on ending America's "forever wars," but six months into his presidency, he finds himself deepening U.S. involvement in conflicts he promised to resolve. This riveting conversation with foreign policy expert James Carden pulls back the curtain...
