[Bgs-list] Escaping Poverty Requires Almost 20 Years With Nearly Nothing Going Wrong

Julian Nixon jenixon at g.clemson.edu
Wed Nov 11 23:40:28 EST 2020


By the time that the average person either learns how to create an
effective plan or recuperate from a failed plan, outside variables can
derail the 16 year strategy. You would need 16 to 18 years of a financial
bubble. Smells like privilege to me...


On Wed, Nov 11, 2020, 5:08 PM Charles Baker <charleshbaker at gmail.com> wrote:

> "Escaping Poverty Requires Almost 20 Years With Nearly Nothing Going
> Wrong: The MIT economist Peter Temin argues that economic inequality
> results in two distinct classes. And only one of them has any power."
>
> How is one to move up from a lower socio-eoconomic group to a higher one?
> Education is key, the economist Peter Temin writes, but this means
> plotting, starting in early childhood, a successful path to, and through,
> college. That’s a 16-year (or longer) plan that can be easily upended.
> (from 2017)
>
>
> https://www.theatlantic.com/business/archive/2017/04/economic-inequality/524610/
>
> Charles H. Baker
> 864.990.1297
> “Don’t be in a hurry to condemn because he doesn’t do what you do or think
> as you think or as fast. There was a time when you didn’t know what you
> know today.” — Malcolm X
>
>
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