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The rich get richer myth, this 
is one that we hear all the 

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time, thankfully Chels Chelsea 
Follette from Human 

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progress.org, wrote an article 
titled High turnover among 

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America's Rich going to the 
science, as the progressives 

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loves to tell us. 
She says, some 94% of Americans 

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who reach top 1% income. 
Status will enjoy it for only a 

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single year, approximately 99% 
will. 

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Lose their top 1% status within 
a decade. 

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Now consider the top, 400 US 
income earners a far more 

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exclusive Club than the top one 
percent between 1992 and 2013, 

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72% of the top, 400 retain that 
title for no more than a year 

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over 97 percent retained it for 
no more than a decade. 

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Excellent work for human 
progress, smashing the statist 

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myth that always Justifies 
further and further State 

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intervention to which people 
will almost always respond. 

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Well, you could never spend all 
that money. 

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Why is it okay for someone to 
have it as if it's under a 

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mattress? 
As if it's not being invested in

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given out in the form of loans 
by Banks or anything? 

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Or in the stock market here is 
how Jason Brennan responds to 

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this criticism. 
You know there's these arguments

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that basically say if you're 
rich you should give it all the 

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way because how can you live 
high while other people died? 

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And one of things that do with 
it is to point out that the 

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reason some of us are living 
high is in part because we 

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haven't yet worked on this 
attitude of, you just need to 

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give it all away. 
So it is true that there are 

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people that are starving right 
now and you could save them. 

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They're people who are blind and
you could save them. 

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I'm not saying you shouldn't, I 
think, I think it is worth 

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helping some of these people in 
these circumstances, but the 

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reality is the, why don't we 
give it all the way out of to 

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has never made a cunt? 
Put people in a position where 

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they're in position to help. 
Right. 

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So, you know, back in 1971, the 
philosopher, Peter Singer 

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writes, a paper arguing that you
should give away almost all of 

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your income to help others and 
basically no one listens listens

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to Peter Singer. 
And as a result, South Korea 

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goes from being a poor country 
to being a rich country in 25 

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years because people didn't 
listen to them. 

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And so they bought VCRs and cars
and Stereos and other kinds of 

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things. 
So, it's important to recognize 

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that trade and investment are 
the things that actually 

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liberate people to be rich and 
put them in the position to 

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wonder how much Should help 
people. 

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The Let's help everyone can you 
know it's like it's like that 

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that never actually succeeds 
lifting a country out of 

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poverty. 
Never actually succeeds in 

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creating Prosperity. 
What it does do is stop people. 

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In some cases from starving to 
death. 

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We should be aware that that's 
all it really does.