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Old 06-17-2017, 06:07 AM
 
4,224 posts, read 2,989,323 times
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Quote:
Originally Posted by NewbieHere View Post
Maybe you forgot some small anecdotes like Jeff Bezos who was born to a poor single mom and now closing on Warren Buffet when it comes to wrath.
This is an argument from the outliers. When 95% of something tilts one way and just 5% the other, keep hitting and hitting on examples from the 5% and pretend that the 95% does not exist. No points for that.

 
Old 06-17-2017, 06:10 AM
 
4,224 posts, read 2,989,323 times
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Quote:
Originally Posted by Western Urbanite View Post
Aside from the inflammatory rhetoric in the article, the author brought up some issues that both democrats and republicans should agree on--eliminating mortgage interest deductions, 529 college savings plans, and exclusionary zoning.
Ideology aside, rational people would have difficulty agreeing on the surface with any of that.
 
Old 06-17-2017, 06:27 AM
 
10,496 posts, read 6,950,794 times
Reputation: 32313
Quote:
Originally Posted by NewbieHere View Post
Maybe you forgot some small anecdotes like Jeff Bezos who was born to a poor single mom and now closing on Warren Buffet when it comes to wrath. Same thing as the WhatsApp guy. There is mobility in the USA, unlike the U.K. So stop listen to the alleged secretary from Carter years who often comes here and spread misinformation. It's not a perfect country but it's pretty darn good.
I fixed that for you.
 
Old 06-17-2017, 07:00 AM
 
Location: East Coast of the United States
27,321 posts, read 28,389,714 times
Reputation: 24845
It may be nearly impossible for someone in the bottom 20% socioeconomically to move up to the top 20% in their lifetime.

However, it is hard to believe that someone in the 50% percentile won't make it to the top 20% if they start relatively young, bust their butt in school and try really, really hard to reach that goal.
 
Old 06-17-2017, 07:12 AM
 
24,047 posts, read 10,384,550 times
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Quote:
Originally Posted by freemkt View Post
PARENTS get a pass on paying federal income taxes. Childless adults pay up the wazoo, and while parents get a lot of "free" taxpayer money, EITC is carefully designed to ensure that childless adults cannot get a refund greater than the taxes they have currently paid into the system.
Apparently you have never raised a child thus are not familiar with what it entails in form of money, time and commitment. Tax breaks are drops on hot coals.
Low income earners do get more then they paid in.
 
Old 06-17-2017, 07:15 AM
 
24,047 posts, read 10,384,550 times
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Quote:
Originally Posted by JakeinChina View Post
@ Pub-911 and others that are so down on America not being the "Land of Opportunity" anymore and that its a "rigged" system, well name another country that you lived in where you feel immigrants or poor could advance themselves and move up in class? England? Countries in Western Europe?


America certainly has its problems, but I've lived in many countries and none compare to the opportunities and fairness the U.S. offers to ALL its people, born in the U.S. or not. It all depends on if people want to work for it, or want it handed to them.


Sure, some people are born into a better position, but that's life. Its what you make of what you were given that counts.
But achieving it means effort. It is so much easier to complain about the system and expect hand outs.
 
Old 06-17-2017, 07:20 AM
 
4,224 posts, read 2,989,323 times
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Achieving an understanding of real-world things also takes effort. But it is so much easier to sit on the couch with a beer and let FOX News fill your head with all that they think you need to know.
 
Old 06-17-2017, 09:04 AM
 
10,075 posts, read 7,483,952 times
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Quote:
Originally Posted by BigCityDreamer View Post
It may be nearly impossible for someone in the bottom 20% socioeconomically to move up to the top 20% in their lifetime.

However, it is hard to believe that someone in the 50% percentile won't make it to the top 20% if they start relatively young, bust their butt in school and try really, really hard to reach that goal.
well... yeah

but the bottom 20% can move up to 40-50% and become middle class, then their children can move to the top 30%, and their children can move up to the top 10%

do you really think that the top 10% of families in the US did so in a single generation?
 
Old 06-17-2017, 09:27 AM
 
Location: SoCal
20,160 posts, read 12,677,681 times
Reputation: 16993
Quote:
Originally Posted by Pub-911 View Post
This is an argument from the outliers. When 95% of something tilts one way and just 5% the other, keep hitting and hitting on examples from the 5% and pretend that the 95% does not exist. No points for that.
And that anecdote was not an outlier. Stop spreading nonsense.
 
Old 06-17-2017, 09:50 AM
 
4,224 posts, read 2,989,323 times
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The story of Jeff Bezos is not typical. It is the quintessential outlier.
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