clyde21 wrote: LKN wrote: clyde21 wrote:
that has nothing to do with stupidity or being poor and everything to do with the fact that these people are not used to having insane amounts of money thrown at them out of the blow.
rich people are kind of used to being rich, you know?
It also has to do with it being a ridiculously small sample size that is completely irrelevant to public policy.
well yea, was giving him the benefit of the doubt on that one, but I probably shouldn't have.
Enough sample size to know that poor people are in part poor due to their own habits, lifestyle choices and decisions. These same types of studies show that people who WERE wealthy and became poor or lost it all are FAR more likely to become wealthy again than those who never were. The reasons for this are obvious. They know how to manage money, how to grind to make money etc.
It was just an example. Sure you are born into poverty and statistically have a cap on wealth. I'll never be a billionaire right? But I've gone from homeless and poor life to making 85k+ a year pace (last two months pacing more like 130k). I'll never be rich I'm sure but I can provide for my family. It's an uphill road but there is also a series of built in excuses from people for why they failed to improve their situation. Whether that be skin color or poverty.
“It just seems like this was destined. We were supposed to play together.”
Paul George on Kawhi Leonard