What’s your control? Btw, black poverty rate has been declining since the ‘60s. May want to find another talking point.

will provide his children options, but no guarantees.
Well nothing is guaranteed but they start their life off with a huge advantage over the kids from Dover.
I am sure you concede that fact.
It’s like a leg up to climb a wall.
You still might fail to climb the wall but you have a better chance than those who are on their own.
Allan
But it is wealth, and the influence it buys, that gives any temporary advantage in this case. And inheriting it isn’t the only way to achieve wealth. Success often brings wealth. And when talking about success there are plenty of traits associated with successful people. Humble beginnings do not condemn anyone to an unsuccessful life. I have found that when adversity strikes, it is usually either simple misfortune or the result of a poor decision, or string of decisions. Rarely is it a result of intentional malfeasance on the part of another.

WuWei:
Guilds:
Family wealth, gender, race, and one’s zip code has much more to do with how successful a person is.
Patently untrue, debunked numerous times over.
It is interesting how there is not much movement, up or down, between the three broad classes of rich, middle class, and poor.
Also not true

Optrader:
Borgia_dude:
WuWei:
Guilds:
Family wealth, gender, race, and one’s zip code has much more to do with how successful a person is.
Patently untrue, debunked numerous times over.
It is interesting how there is not much movement, up or down, between the three broad classes of rich, middle class, and poor.
If you Libs would stop “helping” African Americans, you’d be surprised how fast they’d move up.
Assertion without evidence.
People are successful in spite of your programs, not because of them.
Good. Now control for cognitive ability. And try age.

Also not true
Well if you use my siblings and I as anecdotal evidence clearly you are correct.
We were poor. And now we are not.
Of course we did have a strong nuclear family so there is that.
Allan

Borgia_dude:
WuWei:
Guilds:
Family wealth, gender, race, and one’s zip code has much more to do with how successful a person is.
Patently untrue, debunked numerous times over.
It is interesting how there is not much movement, up or down, between the three broad classes of rich, middle class, and poor.
Also not true
Thanks for your opinion.
Doesn’t the success of people from such humble beginnings like Joe Biden, Barack Obama, Hillary Clinton, etc., etc., show that to be false?

Good. Now control for cognitive ability. And try age.
Immaterial. The graph shows poverty rate dropping regularly for the last 50+ years. This contradicts optrader’s assertion.

Thanks for your opinion
Not an opinion.

WuWei:
Good. Now control for cognitive ability. And try age.
Immaterial. The graph shows poverty rate dropping regularly for the last 50+ years. This contradicts optrader’s assertion.
No, it’s not “immaterial”. You’re wrong.

Doesn’t the success of people from such humble beginnings like Joe Biden, Barack Obama, Hillary Clinton, etc., etc., show that to be false?
How? Does Obama’s example show that all black people are rich? Why not?

Borgia_dude:
WuWei:
Good. Now control for cognitive ability. And try age.
Immaterial. The graph shows poverty rate dropping regularly for the last 50+ years. This contradicts optrader’s assertion.
No, it’s not “immaterial”. You’re wrong.
Do we agree the black poverty rate has been dropping for 50+ years? Yes. Did I make any claims as to the cause?

Eagle-Keeper:
Doesn’t the success of people from such humble beginnings like Joe Biden, Barack Obama, Hillary Clinton, etc., etc., show that to be false?
How? Does Obama’s example show that all black people are rich? Why not?
Are all white people rich because of Bill Gates?
This is going from bad to worse

Do we agree the black poverty rate has been dropping for 50+ years? Yes. Did I make any claims as to the cause?
Yes, you did.

Borgia_dude:
Eagle-Keeper:
Doesn’t the success of people from such humble beginnings like Joe Biden, Barack Obama, Hillary Clinton, etc., etc., show that to be false?
How? Does Obama’s example show that all black people are rich? Why not?
Are all white people rich because of Bill Gates?
This is going from bad to worse
Glad we agree that anecdotes don’t mean anything. You should tell Eagle-Keeper.

Borgia_dude:
Do we agree the black poverty rate has been dropping for 50+ years? Yes. Did I make any claims as to the cause?
Yes, you did.
Pro tip, conversations flow a lot better if you expand on your answers instead of making a vague declaration.
Hyper… individualism. No bias there.
Collectivism is serfdom with armed elite.
Constitution was written for debunking this idiocy from metastasizing.
You’re the pro in this thread?
There’s nothing to converse about. You and JT are just plain wrong.