Re: The Truth About the Rich
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Yeah that's the same as your statement that he came to the "exact opposite conclusion". Whatever.... let the reader judge your argument.
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LOL. His conclusion: From the data we can conclude that fewer and fewer people will stay in the richest quintile over time
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And it's certainly true that we can conclude that. Just because we can conclude that doesn't mean there's proof beyond a reasonable doubt or that the conclusion is correct or anything like that though. We don't have enough information to be sure of anything, but from the information we have, Occam's Razor suggests it's gonna keep on down that path. I never said we had enough information...
Nowhere did I say that this data is significant to proove anything. All I was really saying is that the chart looks better for the "pro-wealth mobility" side than it does for the "anti-wealth mobility" side it was originally posted to support. This doesn't mean the chart is some magical proof or anything.
The conclusions I stated are most definitely the most logical you can draw from the information at hand, in fact, they're the only reasonable conclusions you can draw, but that information is certainly not remotely enough to base decisions on and I never claimed it was.
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