Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Does wealth beget Wealth?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Everywhere I see the well-to-do people around me are people who come from privileged backgrounds. The lawyer who's father was a doctor; the chemical engineer who's family is blue blooded; the foreign policy adviser who's father was a VP at Morgan Stanley; the aerospace engineer with an oil industry executive for a dad etc. Where does this leave regular, middle class people? Can we hope to rise? Why or why not? [/quote] Is this a trick question? You knew the answer before you asked.[/quote] You can do it - my parents never made it out of 10th grade (and neither did any of their brothers and sisters). I ended up with a PhD in economics from a top 20 school. Of course, it started 30 years ago - when I could work the whole summer making $3.50 per hour (500 hours) and that would pay for me to go to an elite level high school (which doesn't happen now), which start me to an elite undergrad college (which was paid for through grants, work study and loans). I also did drive a car until I graduate from undergrad in acccounting (and got a job with the Big Six). Depends what kind of sacrifices - and how badly you want it. There is a book called "The Triple Package" - it is about immigrants - but applies to poor US kids too. Three things you need: 1) chip on your shoulder 2) belief in your own exceptionalism 3) impulse control. You'll never hear the Democrats talk about it though... in fact, Bernie Sanders says there are no poor white people. Damn, if we weren't poor (and without affirmative action boosts) I don't know what we were....[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics