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To: Michamilton
True. I was really explaining why the growth rate for low-income households was so low in and of itself -- not why it was so low in comparison to upper-income households.

There's a simple reason why the highest quintile of almost any group of people -- under any form of measurement you wish to use (income, vital statistics, etc.) -- will increase faster than the lowest. It's because for most measurements there is no practical limitation on how high the measurement in question can go, but there is usually a practical limitation on how low it can go.

For example . . .

If you were to compare the change in life expectancy for the top 20% of the U.S. population (i.e., the 20% of the population that lives the longest) to the change in life expectancy for the lowest 20% of the U.S. population (i.e., the 20% of the population that dies earliest), you'll likely find a similar trend. This is because the distribution of the population based on age at their deaths is not a true "normal distribution" bell curve . . . people can live incrementally longer over time (someone who died at the age of 50 a century ago might live to the age of 60, 80 or even 100 today), but the lowest end of the curve is constrained at the age of 0 and cannot decrease over time.

111 posted on 09/20/2006 11:25:40 AM PDT by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: Alberta's Child
There's a simple reason why the highest quintile of almost any group of people -- under any form of measurement you wish to use (income, vital statistics, etc.) -- will increase faster than the lowest. It's because for most measurements there is no practical limitation on how high the measurement in question can go, but there is usually a practical limitation on how low it can go.

Thanks - that makes a lot of sense.

123 posted on 09/20/2006 12:36:37 PM PDT by Michamilton
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