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I learned something about the legal system (1 Viewer)

When I have the time I'll respond to this at length. This is an issue near to me as I used to be a public defender and now am one of the defense attorneys people pay significant sums to. In short, there's more to this but this story is also not that terribly uncommon. 
:bag:  

 
I don't know what % and I also don't know what % of people who have money lose it all - in the NBA its a very high %
Well, you could look at the movement between quintiles for wealth or income (common metrics for socioeconomic status) if you want those answers on a population level instead of speculating.

 
Well, you could look at the movement between quintiles for wealth or income (common metrics for socioeconomic status) if you want those answers on a population level instead of speculating.
Looked it up the other day.  It was something like 8% or 20% of folks in poverty move out of poverty.  Can’t recall which percentage it was.  Will find it later.

 
Looked it up the other day.  It was something like 8% or 20% of folks in poverty move out of poverty.  Can’t recall which percentage it was.  Will find it later.
Post it when you find it again. 

Lord knows some people in this thread prefer anecdotes, stereotypes, and baseless speculation over facts and data. 

 
PinkydaPimp said:
The Z Machine said:
Well, you could look at the movement between quintiles for wealth or income (common metrics for socioeconomic status) if you want those answers on a population level instead of speculating.
Looked it up the other day.  It was something like 8% or 20% of folks in poverty move out of poverty.  Can’t recall which percentage it was.  Will find it later.
Thanks!

 

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