Ronald C. Wrote:
Jul 31, 2012 10:44 AM
As a bottom 1% who through education moved to the top one % over a period of 50 years and then moved back to the bottom 1% (in taxable income) I concur it is a cycle and the categories are highly mobile - with persistence and skill one can save and invest enough from the great years to carry their own weight through the lean years and assist the next generation on their own journey.