Clyburn busts slavery myth

[*TheLeonardLeap*]

(02-25-2020, 01:10 PM)fredtoast Wrote: Increasing wealth from $900K to $1M doesn't prove anything about socioeconomic advancement.  It is just the rich getting richer.

The fact is that the United States has one of the highest rates of intergenerational income elasticity.  That is a measure of how the parents wealth  influences the children's wealth.  Socioeconomic advancement is harder in the United Sates than almost anywhere else on the planet.  

No one should be excited because it is "not impossible".  Any bad thing can be justified if you set the bar low enough.

That can't possibly be true. 

I thought maybe you meant first world countries for a bit, but you said "the planet".


I'm pretty positive we automatically beat every country where there's no public education, and every country where women don't get education, and every country where women can't vote (hard to build a society to help you advance if you don't vote). We also automatically beat every country without any kind of real government (places like Haiti or Somalia), or where the leadership are Warlords or Dictators (don't see a ton of socioeconomic advancement in North Korea). Also probably automatically beat any country that has low literacy rates.

There's zero chance the US is harder than "almost anywhere else on the planet".