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Demolishing The Myth of the “One Percent”

December 20th, 2011 No comments

So this means that the myth of the 99% is BS, too.  Who woulda thunk all those OWSers were wrong?

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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

Categories: News Tags: , , , ,