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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I grew up in bottom 1% (food stamps, free hot lunches, absent father) and moved up to probably top 5% (est. 350k/yr.).
When I was coming up, I actually believed that poor people were poor because they didn't work hard, and that rich people busted their ass*s off to get rich.  Hah, was I a fool.  
1) The higher one moves up, the easier their job gets because of deference, prestige, etc.  
2) 90+% of wealth in America is inherited, no one worked for it (except the dead people who actually built it).[/quote]

PP here - I've worked cleaning restrooms and as a $600 an hour lawyer.  I'd rather spend 70 hours per week as a lawyer (where people repect you and defer to you) vs. 40 hours cleaning (where people assume you are stupid).

With respect to net worth, most MC, UMC, & UC people will inherit most of their life's net worth when their parents pass away.  Most poor people will inherit a funeral bill.  So yes, most NW is inherited.[/quote]

HuH? Most NW is NOT inherited. [/quote]

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