Of households in the lowest income quintile in 2001, 28.6% were in a higher quintile in 2003; of those originally in the highest income quintile, 32.1% were in a lower quintile 2 years later.
Posted by Andrew Roth on August 27, 2008 9:51 AM (Source URL: http://www.clubforgrowth.org/2008/08/stat_of_the_day_1.php)