The bottom quintile
(media.scored.co)
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I grew up in a nearly all white town in Idaho.
The "bottom quintile" from my school are now mostly running successful businesses in the trades, raising families, and taking care of their homes.
The "well educated" are in two camps -- people who got useful degrees and are mostly doing quite well, and people who got shit degrees and now have a 2 decade career running the ticket window at a movie theater and blame all of their problems on the white heternormative capitalist patriarchy.
I grew up in a similar town. There's basically been no social mobility. Everyone who was poor, is as poor as they were. Everyone who is rich is as rich as they were.
The real problem is that a lot of them already didn't have children, or ended up in prison or dead as it is. As such, the neighborhoods will continue to decay.
Education is a misnomer and is really just a way to convince people to go into education. In reality, people just aren't saving money and building wealth (because no one ever showed them how). People with good educations didn't necessarily get good jobs, and if they did, they left. Had they started a business instead of being a corporate wage recipient, the situation would be different.
There really weren't that many poor kids in my town. In fact, I was one of the few in that category.
But the main thing that made the town a pleasant place to live is that even though there were some poor people, they weren't out committing crime and they didn't intimidate and attack other students. They were usually in church with most everyone else.
Despite the presence of churches, it didn't help that some poor people were still going to act and be trashy, which kept them in the same place they started in.
I think they'd all tell you they believed in God, but I have no idea if they listened.
I don't care if they end up in the same place they started -- that's got nothing to do with the discussion. I don't understand why you think this has anything to do with social mobility.
As long as they don't end up at my place stealing or breaking shit or generally holding other productive people back, they aren't a problem to me, and really aren't relevant to the discussion. The "bottom quintile" was generally not a problem for anybody in my town.
It's funny how much more money the guy has who saved his life on a modest income vs the high income earner who bought himself everything he thinks he deserved.
Eventually you have this guy who only makes 75k a year, but his house is paid off, he has no car bill, etc. He's living off that and socking away.
People don't even realize that they can have a good life never making more than 30k a year, because they don't realize how to properly invest and save. It's harder, but it's doable.
Frankly, the weird thing about the debt system is that if you were actually good with paying your debt back, it's the absolute fastest way to build wealth from $0
Well, leverage is certainly something that financially intelligent people understand. You don't have to be super sophisticated, but I think it makes sense to take loans on things when interest rates are low on things where you can get a good interest rate -- like a house. But you still wanna pay it off because then if you're into it you can take out another, bigger loan.
Tax evasion is also a great thing. Certain investments are privileged, so as dumb as that may be you play along I guess.
Obviously. That's part of the problem. It's a loser mentality and attitude that our culture and society institutionalizes into most people, particularly the poor.
Idk why the best argument I get from darkies about cutting out the hoodlums is that “have you ever seen trailer trash? Why don’t white people take care of them?”
Uhh, even the worst trailer trash I’ve ever seen always work hard and don’t shy away from participating in the community. Hands down the amount of non-drug related crimes I’ve seen in my mostly white hometown was one robbery and pedos (they are pretty much in every community).
Obviously we got bad apples, but our bad apples aren’t so numerous of which they actively drive down property values by the thousands
Almost every trailer trash I know got their drugs from a black guy. They got busted and started their rap sheet doing dumb shit with a black guy. Their daughter's life got ruined by fucking a black guy and having his baby.
Like, most places where there is an amount of white trash higher than a statistical anomaly is also a place with or near a large black population. And the two feed into each other back and forth.
I'm from the places where the white trash do in fact destroy entire towns. We had a subdivision of them get so bad they were expelled from the town and given their own separate zipcode. But I can't think of one of them who didn't have their path to hell start at some negro's house (or the bar, but that's universal).