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Sorry... read Woodruff's comments. I'm with him on this one. I think BBS and Snorri (and Jay) are trying to politicize this. It's not a political thing. There are examples of people going from rags to riches. There are people that post on CC that are good examples, I'm sure. I don't know why so many people disagree with Woodruff, it's kind of depressing.PLAYER57832 wrote:If you have the time, take a peek at the past 2 pages.
Please provide examples.thegreekdog wrote: There are examples of people going from rags to riches.
We disagree because his point is sorta silly.There are people that post on CC that are good examples, I'm sure. I don't know why so many people disagree with Woodruff, it's kind of depressing.
sorry, meant to say "examples of people going from rags to riches despite their environment and circumstances being against them".thegreekdog wrote:From economicmobility.org:
- Two-thirds of Americans have higher income than their parents. The current generation of adults is better off than the previous one because of real income growth.
- Children born into the bottom income quintile are more likely to suprass their parents' income than children from any other income group. Eighty-two percent of children born into the bottom quintiely have greater family income than their parents, compared to 43 percent of children born into the top quintile.
http://www.economicmobility.org/reports ... y_findings
I don't have time to read all this.
Here are some "popular" examples:
Sheldon Adelson (Boston cab driver turned billionaire)
Li Ka-shing (factory worker turned billionaire)
Roman Abramovich (orphan turned billionaire)
Kirk Kerkorian (boxer turned billionaire)
Francois Pinault (high school dropout turned billionaire)
Steve Jobs (adopted by working class family, college dropout, turned billionaire)
Ralph Lauren (son of Russin immigrants, worked in department stores, college dropout, turned billionaire)
James Cayne (college dropout, card player, turned billionaire)
Richard Desmond (quit school at age 14, became drummer, turned billionaire)
JK Rowling (single mom, lived on welfare, turned billionaire)
Abramovich became a billionaire because of bad industry law in Russia and because of the demise of the USSR. Very exceptional circumstances for him.thegreekdog wrote: Here are some "popular" examples:
Sheldon Adelson (Boston cab driver turned billionaire)
Li Ka-shing (factory worker turned billionaire)
Roman Abramovich (orphan turned billionaire)
Kirk Kerkorian (boxer turned billionaire)
Francois Pinault (high school dropout turned billionaire)
Steve Jobs (adopted by working class family, college dropout, turned billionaire)
Ralph Lauren (son of Russin immigrants, worked in department stores, college dropout, turned billionaire)
James Cayne (college dropout, card player, turned billionaire)
Richard Desmond (quit school at age 14, became drummer, turned billionaire)
JK Rowling (single mom, lived on welfare, turned billionaire)
No need to apologize. I didn't suggest you read it because I thought you would agree, but because I was interested in your thoughts.thegreekdog wrote:Sorry... read Woodruff's comments. I'm with him on this one. I think BBS and Snorri (and Jay) are trying to politicize this. It's not a political thing. There are examples of people going from rags to riches. There are people that post on CC that are good examples, I'm sure. I don't know why so many people disagree with Woodruff, it's kind of depressing.PLAYER57832 wrote:If you have the time, take a peek at the past 2 pages.
JK Rowling? I thought we were talking Americans. (lol_thegreekdog wrote: JK Rowling (single mom, lived on welfare, turned billionaire)
You're not totally understanding our position. We're more reacting to others than really saying what we think is true.thegreekdog wrote:Titanic, Snorri, you guys are very depressing.
I can't give a million or even a thousand examples because I don't have the time and I don't have the resources.
However, if I can change this around a little bit, if one is born poor, what's the point? I guess that person should just give up? I could go the route of calling you stereotypical liberals, because the shoe fits here.
I'm not saying that. I think there needs to be institutional change to help social mobility. USA, with the "American Dream", now has worse social mobility then Western Europe and the lack of regulation, poor investment in infrastructure and education, tax cuts for the rich and promoting a pure capitalist system have all paid there part towards this.thegreekdog wrote:Titanic, Snorri, you guys are very depressing.
I can't give a million or even a thousand examples because I don't have the time and I don't have the resources.
However, if I can change this around a little bit, if one is born poor, what's the point? I guess that person should just give up? I could go the route of calling you stereotypical liberals, because the shoe fits here.
Its not that poor people cannot succeed, they can. And, certainly, they MUST have the attitude. But each person can only withstand so many problems. Poor folks already have a good many strikes. They need to have more of other things --- part drive, part an ability to relate to people the right way, and a large part "breaks" of various kinds.thegreekdog wrote:Titanic, Snorri, you guys are very depressing.
I can't give a million or even a thousand examples because I don't have the time and I don't have the resources.
However, if I can change this around a little bit, if one is born poor, what's the point? I guess that person should just give up? I could go the route of calling you stereotypical liberals, because the shoe fits here.