So this means that the myth of the 99% is BS, too. Who woulda thunk all those OWSers were wrong?
The distinction between the 99% and the 1% assumes that there is a ruling class that is permanently in place, but this view is completely inaccurate. It misses the story of income mobility.
Watch University of Nevada-Reno economist Brad Schiller as he discusses income mobility and the 1%.
Produced by Sean W. Malone