the rich get richer

• Al Bundy

  isadore;1574184 wrote:gosh a ruddies lets look at America's most successful sport, professional football in this SuperBowl week.
  to give all the teams have a real chance to be competitive
  they share revenue from tv and licensing.
  they set an upper cap on salaries
  they have a draft of college players with the team with the worst record getting first choice.

  The teams have equal opportunity, but it does not produce equal results. Our school system works the same way. Every student is guaranteed 13 years of free education, just like every team is guaranteed 16 games. If a student works hard over those 13, he/she will have the opportunity to attend college through scholarships, grants, financial aid, part-time jobs, etc. It is a reward for a level of excellence over an extended period of time. Most successful people in this country have made their own fortune by having the ability to provide a product or service that people will are willing to pay for. You act like everyone who is wealthy just inherited that money. That is not the case. A Fidelity study shows that 86% of millionaires are self-made http://www.fidelity.com/inside-fidelity/individual-investing/fidelity-2012-millionaire-outlook
• jmog

  isadore;1574152 wrote:brookings institutue>jmog

  That wasn't from jmog, it was from a neurological study, I'll find it again and link it.
• jmog

  Footwedge;1574208 wrote:You want to relive history there Clem? The playoff thread had nothing to do with math. It had everything to do with me forgetting about Baltimore when deciphering the playoff scenario.. Again, I'll put up my math skills...especially percentages, probability and statistics with anyone here. And btw, you think it's right that you pay zero federal taxes just because you have 4 kids? Only a flaming liberal could justify that for an excuse to avoid paying federal taxes.

  Footy, come on man, for one don't claim to be superior in math and then list your best areas as statistics.
  
  Statistics has got to be the easiest mathematical field. The rest of us math majors and engineering majors laughed at how easy and boring statistics classes were.
  
  I am not talking about basic statistics that some other majors fill in their math requirements with either. I am talking senior level applied statistics that I had to take with my Applied Math degree.
  
  Statistics is by far the easiest math field, and it isn't even close.
  
  What's next, are you the best on this thread at counting to 16? Oh wait, you already messed that up in the Breowns are going to make the playoffs thread.
• isadore

  gut;1574195 wrote:math and finance are good for informed opinions, if you care to have one

  sure math and finance, the financial fact of the diminishing income and shrinking share of wealth of the lower quintiles and the great increase in income and wealth of the top quintile.
• isadore

  Al Bundy;1574229 wrote:The teams have equal opportunity, but it does not produce equal results. Our school system works the same way. Every student is guaranteed 13 years of free education, just like every team is guaranteed 16 games. If a student works hard over those 13, he/she will have the opportunity to attend college through scholarships, grants, financial aid, part-time jobs, etc. It is a reward for a level of excellence over an extended period of time. Most successful people in this country have made their own fortune by having the ability to provide a product or service that people will are willing to pay for. You act like everyone who is wealthy just inherited that money. That is not the case. A Fidelity study shows that 86% of millionaires are self-made http://www.fidelity.com/inside-fidelity/individual-investing/fidelity-2012-millionaire-outlook

  Profesional Football makes a horrible analogy for your argument
  All the teams are provided large amounts of money from tv contracts and licensing by the league and the poorest teams are allowed first pick of the new players. All done to try to make the games competitive. To do anything comparative to our social structure would required overwhelming amounts of money and opportunities be provided freely to the lower income groups to the extent their individual wealth would be comparative to the top quintiles.
  Many students work hard and do not have the opportunities you list. If you would ever read the information provided on this thread, you would understand the lower quintiles have diminishing incomes, little of economic value and for most small if any chance at opportunity. And you would see for all your millionaire BS that the US has one of the lowest rates of social upward mobility of developed nations of the world.
• Al Bundy

  isadore;1574546 wrote: To do anything comparative to our social structure would required overwhelming amounts of money and opportunities be provided freely to the lower income groups .

  We spend overwhelming amounts amount of money to give the poor a free home, free food, free medical care, free utilities, free education, free cell phones, etc. Those who choose to use all of those free resources wisely, have a productive, successful life.
• isadore

  Al Bundy;1574569 wrote:We spend overwhelming amounts amount of money to give the poor a free home, free food, free medical care, free utilities, free education, free cell phones, etc. Those who choose to use all of those free resources wisely, have a productive, successful life.

  Far from overwhelming, minimal at best. And they are cutting food stamps, lets save you a few bucks by taking the food from a poor kid, Especially as the incomes of the poor decline.
  LOL k-12 is used the bulk of Americans. As for post secondary the stats show rich enrollment in colleges is expanding, poor enrollment is stagnating. Both outcomes are because of funds.
• wkfan

  isadore;1574669 wrote:Far from overwhelming, minimal at best. And they are cutting food stamps, lets save you a few bucks by taking the food from a poor kid, Especially as the incomes of the poor decline.
  LOL k-12 is used the bulk of Americans. As for post secondary the stats show rich enrollment in colleges is expanding, poor enrollment is stagnating. Both outcomes are because of funds.

  Link, please.
• isadore

  wkfan;1574729 wrote:Link, please.

  College graduation rates have increased sharply for wealthy students but stagnated for low-income students. College graduation rates have increased dramatically over the past few decades, but most of these increases have been achieved by high-income Americans. Figure 7 shows the change in graduation rates for individuals born between 1961 and 1964 and those born between 1979 and 1982. The graduation rates are reported separately for children in each quartile of the income distribution.
  In every income quartile, the proportion graduating from college increased, but the size of that increase varied considerably. While the highest income quartile saw an 18 percentage-point increase in the graduation rate between these birth cohorts, the lowest income quartile saw only a 4 percentage-point increase.
  This graduation-rate gap may have important implications for social mobility and inequality. Given the importance of a college degree in today’s labor market, rising disparities in college completion portend rising disparities in outcomes in the future.
  
  http://www.brookings.edu/research/re...gher-education#
• QuakerOats

  isadore;1574669 wrote:Far from overwhelming, minimal at best. And they are cutting food stamps, lets save you a few bucks by taking the food from a poor kid, Especially as the incomes of the poor decline.
  LOL k-12 is used the bulk of Americans. As for post secondary the stats show rich enrollment in colleges is expanding, poor enrollment is stagnating. Both outcomes are because of funds.

  
  
  Maybe if irresponsible idiots were taught that society is no longer going to pay for their welfare and their kid's welfare, they would stop having children they cannot afford to raise.
  
  WHERE THE FUCK IS PERSONAL RESPONSIBILITY IN ALL OF THIS !!! ANSWER THE QUESTION!!
• Al Bundy

  isadore;1574855 wrote:College graduation rates have increased sharply for wealthy students but stagnated for low-income students. College graduation rates have increased dramatically over the past few decades, but most of these increases have been achieved by high-income Americans. Figure 7 shows the change in graduation rates for individuals born between 1961 and 1964 and those born between 1979 and 1982. The graduation rates are reported separately for children in each quartile of the income distribution.
  In every income quartile, the proportion graduating from college increased, but the size of that increase varied considerably. While the highest income quartile saw an 18 percentage-point increase in the graduation rate between these birth cohorts, the lowest income quartile saw only a 4 percentage-point increase.
  This graduation-rate gap may have important implications for social mobility and inequality. Given the importance of a college degree in today’s labor market, rising disparities in college completion portend rising disparities in outcomes in the future.
  
  http://www.brookings.edu/research/re...gher-education#

  If parents work hard and build a nice life for their families, their children are more likely to work hard and earn a college degree. Who ever would have imagined that? :rolleyes:
• gut

  Al Bundy;1574859 wrote:If parents work hard and build a nice life for their families, their children are more likely to work hard and earn a college degree. Who ever would have imagined that? :rolleyes:

  Yeah, but those kids are at a real disadvantage if they ever have to figure out how to live off welfare and food stamps.
• gut

  QuakerOats;1574857 wrote:Maybe if irresponsible idiots were taught that society is no longer going to pay for their welfare and their kid's welfare, they would stop having children they cannot afford to raise.

  You're just jealous because no one will sleep with you.
• isadore

  QuakerOats;1574857 wrote:Maybe if irresponsible idiots were taught that society is no longer going to pay for their welfare and their kid's welfare, they would stop having children they cannot afford to raise.
  
  WHERE THE FUCK IS PERSONAL RESPONSIBILITY IN ALL OF THIS !!! ANSWER THE QUESTION!!

  in a perfect world everyone makes correct decisions, we do not live in a perfect world.
  I will check to see if there is medication for extreme bitterness. Maybe something that can make your heart grow like the Grinch.
• isadore

  Al Bundy;1574859 wrote:If parents work hard and build a nice life for their families, their children are more likely to work hard and earn a college degree. Who ever would have imagined that? :rolleyes:

  For many in the lower quintiles those opportunities are no longer there. For them income is declining, the chance of educational betterment stagnating and the portals of opportunity closing.
• Al Bundy

  isadore;1574889 wrote:in a perfect world everyone makes correct decisions, we do not live in a perfect world.
  I will check to see if there is medication for extreme bitterness. Maybe something that can make your heart grow like the Grinch.

  No one always makes perfect decisions. The question is should someone have to live with the consequences of those decisions?
• Al Bundy

  isadore;1574890 wrote:For many in the lower quintiles those opportunities are no longer there. For them income is declining, the chance of educational betterment stagnating and the portals of opportunity closing.

  We spend about $150,000 per student in this country on a free education from K-12. If a student takes school seriously and does well there are many opportunities to go to college for little or no money. Here is a link that has pages of full scholarships that are merit based. http://talk.collegeconfidential.com/financial-aid-scholarships/1348012-automatic-full-tuition-full-ride-scholarships.html
  Granted, these are not for the kid that screws around and gets a 2.5 gpa with a 21 ACT, but that kid has already wasted 13 years of free education, why do you think he will make any better use of four more free years?
• isadore

  Al Bundy;1574897 wrote:No one always makes perfect decisions. The question is should someone have to live with the consequences of those decisions?

  and their children should suffer and suffer and suffer.
• isadore

  Al Bundy;1574899 wrote:We spend about $150,000 per student in this country on a free education from K-12. If a student takes school seriously and does well there are many opportunities to go to college for little or no money. Here is a link that has pages of full scholarships that are merit based. http://talk.collegeconfidential.com/financial-aid-scholarships/1348012-automatic-full-tuition-full-ride-scholarships.html
  Granted, these are not for the kid that screws around and gets a 2.5 gpa with a 21 ACT, but that kid has already wasted 13 years of free education, why do you think he will make any better use of four more free years?

  Gosh a ruddy you do not understand the total purpose for the free post secondary program. It is not just to help Will Hunting get into MIT. It is there to make sure poor kids who want to, can get a real chance to get an academic education But it is more than that, it is there to help the kid with a 2.5 gpa get the advanced technical or mechanical training that will lead to a well paying job. Or the worker who has been laid off after working for years and now needs new training for the new job market. That is also post secondary education. Of course you believe they should suffer for not being born a genius or for getting laid off.
• QuakerOats

  isadore;1574889 wrote:in a perfect world everyone makes correct decisions, we do not live in a perfect world.
  I will check to see if there is medication for extreme bitterness. Maybe something that can make your heart grow like the Grinch.

  
  Another pathetic wimpish comment. You epitomize why we are where we are.
  
  Good luck.
• isadore

  QuakerOats;1574956 wrote:Another pathetic wimpish comment. You epitomize why we are where we are.
  
  Good luck.

  have a nice evening.
• Con_Alma

  isadore;1574954 wrote:...the total purpose for the free post secondary program. ....

  It's not going to happen.
• Belly35

  

  I like rich. I've been poor, hungry wanting more but settled for less. My mom told me, only you can change your life, change your future and change peoples opinion of you. Only you can do this, not the government, not cops, not the laws, not your boss and not me.
  I didn't grow up wanting to be poor, entitlement or on welfare but I was. I'm thankful for that lesson but saw others settle for want was less than what they where worth. Government aid has its place but should never be a life style for any anyone, limit the aid and dependency will create less poor and more wealth.
  Obama talks of hard work, dedication and individual prosperity but in the same breath bashes what those value will create wealth.
  I work and earn for my family and myself respect... Not for the government to take... It not theirs to take.
  
  Don't ask what the rich can do for you, but ask what you can do for yourself wealth.
• said_aouita

  

  isadore;1574184 wrote:gosh a ruddies lets look at America's most successful sport, professional football in this SuperBowl week.
  to give all the teams have a real chance to be competitive
  they share revenue from tv and licensing.
  they set an upper cap on salaries
  they have a draft of college players with the team with the worst record getting first choice.

  Totally false. If this was true the Browns wouldn't be such failures every year.
• isadore

  Belly35;1575028 wrote:I like rich. I've been poor, hungry wanting more but settled for less. My mom told me, only you can change your life, change your future and change peoples opinion of you. Only you can do this, not the government, not cops, not the laws, not your boss and not me.
  I didn't grow up wanting to be poor, entitlement or on welfare but I was. I'm thankful for that lesson but saw others settle for want was less than what they where worth. Government aid has its place but should never be a life style for any anyone, limit the aid and dependency will create less poor and more wealth.
  Obama talks of hard work, dedication and individual prosperity but in the same breath bashes what those value will create wealth.
  I work and earn for my family and myself respect... Not for the government to take... It not theirs to take.
  
  Don't ask what the rich can do for you, but ask what you can do for yourself wealth.

  question-did your family receive government aid?