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Born Poor - Staying Poor- Only 4% Rise to Middle Class (Original Post) packman Jul 2017 OP
Wow. I had no idea it was this bad. Cicada Jul 2017 #1
Yep. Bad. I'm one of the 4%. Made it by hood and crook. "Enough" should be our economic standard. ancianita Jul 2017 #2
Leonard Cohen: Doug the Dem Jul 2017 #3
This is the definition of a third world Banana Republic . geretogo Jul 2017 #4
There's more downward mobility than upward mobility for young people now. LongTomH Jul 2017 #5

ancianita

(36,019 posts)
2. Yep. Bad. I'm one of the 4%. Made it by hood and crook. "Enough" should be our economic standard.
Fri Jul 21, 2017, 01:22 PM
Jul 2017

Last edited Fri Jul 21, 2017, 02:29 PM - Edit history (2)

"Enough" is the standard cost of setting the poor up to get into and stay middle class.

Upward mobility and human development once had much more institutional support than they do now.

From the 1940's until Reagan, there was public and institutional encouragement of children and poor families. I don't see that now.

Now, within two generations, advancement through education is unaffordable even for middle class families, with colleges shutting out the poor through rapid inflationary tuition hikes.

Along with that, standards for just paying out the overhead -- food, clothing, shelter, health care, education, job -- on middle class life seem to have risen to unpayable cost levels. We used to consider the three basics for humans as food, clothing and shelter. In the West, it is six.

So now, if people have children while they're still poor, they will stay poor trying to maintain the six basics.

 

Doug the Dem

(1,297 posts)
3. Leonard Cohen:
Sat Jul 22, 2017, 12:54 AM
Jul 2017
Everybody knows the system's fixed/
The poor stay poor and the rich stay rich/
That's how it goes/
And everybody knows

LongTomH

(8,636 posts)
5. There's more downward mobility than upward mobility for young people now.
Sat Jul 22, 2017, 04:57 PM
Jul 2017

The children of the current middle class are frequently working low-paid, perhaps minimum wage jobs, even if they acquire education. The college grad paying off student loans working as wait staff is more than a cliche, it's often the reality.

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