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A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by chmod600 on Monday October 18, 2021 @01:06PM (#28907813)
The top 10% is not a static category. People move in and out all the time as a result of ordinary life changes (rising income as you enter prime working years, selling assets to buy a house, selling a house, job loss, etc.).

It doesn't really make sense to be mad at the 10%, because it will probably include you or others in your family unless you are really stuck.

And there are a lot of people who are stuck. Let's not diminish that. But we will never address that if we are conflating them with young people who just happen to have a low income today but have every reason to see themselves in the middle class.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by pedrosorio on Monday October 18, 2021 @03:21PM (#28910255)
> People move in and out all the time as a result of ordinary life changes (rising income as you enter prime working years, selling assets to buy a house, selling a house, job loss, etc.).

The article refers to the top 10% wealthiest, everything you mentioned is related to income.

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