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“A recent study using longitudinal data showed that half of Americans will find themselves among the top tenth of income earners for at least one year of their working lives, and that one in nine will find themselves in the top one percent (though most don’t stay there for long).47 This may be one of the reasons that economic opinions are subject to the Optimism Gap (the “I’m OK, They’re Not” bias): a majority of Americans believe that the standard of living of the middle class has declined in recent years but that their own standard of living has improved.” (Steven Pinker, Enlightenment Now)

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