Do I need to quote myself from yesterday? You know, when I posted EVIDENCE from a NYT review that illustrates EXACTLY how the author comes to his silly assed conclusions? Do we need to tangent this thread another 20 posts and argue about a single valid source until you say uncle again? What you WANT to hear is that the wealthy are the product of their own efforts while the lower classes are the product of THEIR own efforts. This is not only a stupid position when considering the FULL range of wealth in the US, inflation, and upper class opportunity but is a total joke when trying to insist that manipulated statistics proves as much.
either scroll up or say the word and I'll repost my criticism of your single source... you know, the one that wasn't as significant as the posted blog.
Actually your quote from the NYT (which many could argue is also far from a credible source of much of anything) was an excerpt from the actual book. How do I know? Oh yeah. I read it. And again you look stupid pretending to know material you've never even looked at.
Yes parts of the book focus on a given income range. However when they cite that roughly 80% of millionaires are first generation rich they are referring to everyone from a net worth of a million and one to whoever to a trillion dollars (or whatever the networth of the richest person in the world).
What is pointless about this discussion (or any) is to debate sources without understanding sources. And you don't understand the source. You have no context for any of your arguments against it. You seem to think it's some political dissertation when it's completely benign in nature.
What it seems you're complaining about is that in your mind that level of net worth doesn't really count as rich. You want to shift to different dollar amount, fine. It wouldn't disprove or change my argument. The loftier the goal the more difficult it will be to achieve, duh.