"For the three decades after WWII, incomes grew at about 3 percent a year for people up and down the income ladder, but since then most income growth has occurred among the top quintile. And among that group, most of the income growth has occurred among the top 5 percent. The pattern repeats itself all the way up. Most of the growth among the top 5 percent has been among the top 1 percent, and most of the growth among that group has been among the top one-tenth of one percent."

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Source : Source: bobmorris.biz

Robert H. Frank

#Years Quotes #People Quotes #Growth Quotes

“I was watching TV at age 9 or 10, and my mom said that I came from the front room and I told her that I want to act. And she said if you want to do this at 18, then you can. It was a very simple story, yet, I do not even remember the conversation that I had with my mother. Until she reminded me of the story many years later.”

Source : "Shadow & Act One On One w/ Derek Luke On His Work In ‘Sparkle’ & Upcoming Projects". Shadow & Act Interview, www.indiewire.com. August 09, 2012.
“children had no place in love affairs. Children ought to be born to widows and old maids.”

Source : Mary Borden (1925). “Three pilgrims and a tinker: a novel”
“Our deeds disguise us. People need endless time to try on their deeds, until each knows the proper deeds for him to do. But every day, every hour, rushes by. There is no time.”
“To a winner, complacency and overconfidence can be destructive. To losers, desperation and despondency are just as harmful.”
“â€¦the violin â€” that most human of all instrumentsâ€¦”
“The vocation of pastor(s) has been replaced by the strategies of religious entrepreneurs with business plans.”
“The arrival of a good clown exercises a more beneficial influence upon the health of a town than twenty ***** laden with drugs.”
“The past is not the present: pretending it is corrupts art and thus both rots the mind and shrivels the imagination and conscience.”

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