"Old money" vs "New money" (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 15, 2024, 04:49:39 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  "Old money" vs "New money" (search mode)
Pages: [1]
Author Topic: "Old money" vs "New money"  (Read 2149 times)
opebo
Atlas Legend
*****
Posts: 47,009


« on: September 28, 2013, 05:17:42 PM »

The important thing about these two groups is that their heads are attached to their bodies in an identical fashion, so the same apparatus will deal with either group equally well.
Logged
opebo
Atlas Legend
*****
Posts: 47,009


« Reply #1 on: September 29, 2013, 11:21:37 AM »

Most zillionaires do come from at least solidly middle class backgrounds. I'm sure there's a counterexample somewhere, but people don't go from the ghetto to the Fortune 500.

This is an important point. Most Americans (at least, in the past...) have made somewhat more over the course of their lives than their parents did, but the correlation between a person's economic status and that of their parents is actually fairly strong.

It is almost absolute.  It is absurd to state that 'most rich people came from at least solidly middle class backgrounds' - nearly all of them came from wealthy, highly privileged backgrounds.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.023 seconds with 12 queries.