Reply to What is a donut family? A donut hole family?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have never understood this metaphor and still don’t. If income distribution were circular, I could picture it, but great wealth doesn’t loop around and eventually become impoverished.

What am I missing? [/quote]

The metaphor is for the middle being the part that gets left out. [/quote]

The above is the simplest and best explanation. [/quote]

And the most accurate.  Our kids are too privileged to receive help and not privileged enough to be helpful or get special treatment.

Also, schools assume are kids are “fine” and don’t need to move up the ladder (risky since we’re far more likely to slide down than move up in any economic turmoil.)

The best our kids can hope for is merit aid at a state U.  One of mine went this route but the other didn’t get merit aid.  So we’re now first time home owners with two kids in college, one is full pay, the other still has insanely high rent, and we’re supporting my elderly mother.  PP can stuff it with his fantasies.  My clothes are from Amazon and half my furniture is from Craigslist.  So yes, we’re paying it but no, we’re not living a luxurious life at all. It’s fun to be old and finally make a nice income and still have to check your balance before buying groceries - living the dream for sure. [/quote]

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