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re: Americans Greatly Overestimate Economic Mobility
Posted on 2/15/17 at 12:25 pm to ILeaveAtHalftime
Posted on 2/15/17 at 12:25 pm to ILeaveAtHalftime
quote:holy victim mentality
I understand the intent here is to show how evil and mean American conservatives are,
1
Posted on 2/15/17 at 12:27 pm to GreatLakesTiger24
I was hyperbolizing, I'll own that one 
Not trying to play victim.
Not trying to play victim. 
Posted on 2/15/17 at 12:28 pm to GreatLakesTiger24
quote:
less than one percent of people from the bottom 20% of income (less than $18,500 for a household) moved to the top 20% of income
I mean, duh. People born and raised into poverty tend to stay in poverty.
How is this groundbreaking?
What's even the point of this study?
Bottom 20 to top 20?
Whats the statistics on being born and raised below the poverty line and making it above the poverty line? Not all the way to elite rich, just from lower class to middle class?
Posted on 2/15/17 at 12:30 pm to Lakeboy7
quote:
Capitalism is second only to religion in marketing bullshite.
It used to be a lot easier to be upwardly mobile in America, but so many industries are run by large corporations with well funded political lobbies that get favorable laws and regulation passed that create barriers to entry and limit competition. America has failed free market capitalism more than capitalism has failed Americans.
This post was edited on 2/15/17 at 12:32 pm
Posted on 2/15/17 at 12:31 pm to GreatLakesTiger24
1996 was my first year out of college. I started my job in Feb and started by making 15k/yr. In 3mths I was bumped up to 18.5k/yr and the next year I was bumped up to 30k/yr.
In 2007 I made significantly more than 98K
I worked my arse off.
If you're smart and willing to actually work without complaining, it can be done.
In 2007 I made significantly more than 98K
I worked my arse off.
If you're smart and willing to actually work without complaining, it can be done.
This post was edited on 2/15/17 at 12:33 pm
Posted on 2/15/17 at 12:31 pm to TigerinATL
quote:
America has failed capitalism more than capitalism has failed Americans.
Thats actually spot on
Posted on 2/15/17 at 12:32 pm to Breesus
we don't even have a "lower class" in that realm. it's an underclass. it's almost impossible to get out of for cultural reasons
Posted on 2/15/17 at 12:33 pm to colorchangintiger
quote:
Places like Seattle, Portland, San Jose Valley, Omaha showed the greatest chance at upward mobility. While places like Chicago, Memphis, Atlanta, and New Orleans showed the poorest chance at upward mobility.
Think about it.
Posted on 2/15/17 at 12:34 pm to Lakeboy7
Most good little plebs support capitalism while having less than $5k in savings
At least they have fashion week to distract them from thier true miseries
At least they have fashion week to distract them from thier true miseries
Posted on 2/15/17 at 12:38 pm to GreatLakesTiger24
typical liberal bullshite without any correlating data such as education, household type, definitions (define conservative), etc.
Posted on 2/15/17 at 12:39 pm to Lakeboy7
It's actually terrible
Because that's how we should respond to poor outcomes. The system isn't wrong, it's just that everyone is doing it wrong.
Riiight
Because that's how we should respond to poor outcomes. The system isn't wrong, it's just that everyone is doing it wrong.
Riiight
Posted on 2/15/17 at 12:40 pm to rocket31
quote:
Most good little plebs support capitalism while having less than $5k in savings
But if you just work harder...
The lord loves a workin man
Posted on 2/15/17 at 12:40 pm to GreatLakesTiger24
quote:
An expectation? No.
But it is definitely a widely held belief that it is a very attainable goal.
I've never seen the belief spread that in 10 years you'll make it from the poor house to upper-middle class. If anything I've seen the idea that it takes generation(s) to do such.
Posted on 2/15/17 at 12:40 pm to Breesus
quote:Going from poor to upper middle class has always been an achievable dream or goal in American culture. It turns out it happens a lot less than people think. That is all.
I mean, duh. People born and raised into poverty tend to stay in poverty. How is this groundbreaking? What's even the point of this study? Bottom 20 to top 20? Whats the statistics on being born and raised below the poverty line and making it above the poverty line? Not all the way to elite rich, just from lower class to middle class?
Posted on 2/15/17 at 12:42 pm to rocket31
quote:
Because that's how we should respond to poor outcomes. The system isn't wrong, it's just that everyone is doing it wrong.
we "did it wrong" by getting away from capitalism and moving to a much more socialist system. that's created problems
so you do raise a good point. socialism has created a ton of problems, so why do we want more of it?
Posted on 2/15/17 at 12:43 pm to rocket31
quote:
The system isn't wrong, it's just that everyone is doing it wrong.
No, the system is wrong. We do not practice capitalism in the US, we practice corporatism.
There is a very large difference between the two.
Posted on 2/15/17 at 12:43 pm to Golfer
Dude we are taught since day 1 that if you work hard, go to school,etc you'll be wealthy/successful regardless of where you started.
Clearly it's largely bulshit
What's the data - over 70% have less than $1k in savings?
But muh upward mobility - lol no thx
Clearly it's largely bulshit
What's the data - over 70% have less than $1k in savings?
But muh upward mobility - lol no thx
Posted on 2/15/17 at 12:45 pm to Centinel
I agree with you
Corporatism is late-stage capitalism though. So our current model is simply a product of the system
Corporatism is late-stage capitalism though. So our current model is simply a product of the system
This post was edited on 2/15/17 at 12:45 pm
Posted on 2/15/17 at 12:45 pm to rocket31
quote:
Dude we are taught since day 1 that if you work hard, go to school,etc you'll be wealthy/successful regardless of where you started.
I did it.
Posted on 2/15/17 at 12:45 pm to Golfer
quote:
I've never seen the belief spread that in 10 years you'll make it from the poor house to upper-middle class. If anything I've seen the idea that it takes generation(s) to do such.
The American dream is to come from a dirt poor country where you eat water and dirt and you work your fingers to the bone to raise your family with more opportunities than you ever had in a country where the poorest people are better off than half the rest of the world.
The American dream is not an entitled population living above their means with government subsidies at the highest level of income redistributed from the highest 1%.
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