Wednesday, October 22, 2014

MORE FASCIST STATE PROPAGANDA PUT TO REST!!!

This article doesn't even consider exploitation and destruction of the life of a talented, motivated person from the lower income brackets.


Belief in the American Dream has died, and it’s no surprise why. This patriotic philosophy that anyone who gets an education and works hard can find success needs to actually pan out more often than it does in order to keep hope alive. Instead, the United States has developed an economic system where effort and education are secondary to being born with a silver spoon.

As research continues to confirm that kids born into rich families continue to reap the benefits well into adulthood. Meanwhile, those without affluent parents are far more likely to stay poor throughout their lives, even when they “do everything right” by working hard and getting an education. While it’s not impossible to break out of the cycle of poverty, it’s far more difficult than we’d like to imagine.


Based on research by Isabel Sawhill and Richard Reeves. A poor college graduate is equally as likely to end up as someone in the bottom 20% of income earners at age 40 as a high school dropout from an affluent background. Glancing at the top of the chart(not shown here) is even more unsettling. A high school flunky raised by a rich family is almost as likely to become one of the top country’s highest paid workers as a college graduate raised in a poor family is to stay one of the country’s worst paid workers. Where is the fairness in that?


The main perpetuator of inequality appears to be inheritance – children of richer parents often receive money and property (even before their parents are dead) that set them up for an easier, more secure lifestyle. Other grown children take over the family business or get hired to a hard-to-attain job due to parental connections. These are all traits that bypass the need for education, while simultaneously being out of reach to the kids of poor parents.


It’s also worth noting that rich kids have much easier access to education. Their parents have legacies and colleagues that can help get them into elite colleges, as well as the finances to pay the extreme tuitions. The fact that those who skip out on these obvious advantages can still find better rates of success anyway is what’s troubling.


Actually, the process of young poor people putting themselves through college is another big reason for inequality. In order to attend college without the necessary resources, poor students develop massive debts that last for decades. Staying afloat post-graduation generally means taking any job available and moving back to a poor neighborhood, where jobs with better incomes are few and far between


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