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Interesting to look thru, not sure I totally trust it. I live in central Illinois in farm country and every farmer i know is quite wealthy. They have a healthy
by brootstrap 7y ago
Interesting to look thru, not sure I totally trust it. I live in central Illinois in farm country and every farmer i know is quite wealthy. They have a healthy lineage, grandpa, dad, son (and also grandma, mom, daughter). The work is passed on thru the family and young folks are walking into millions.
- village-idiot 7y agoFarmer != farm worker. The farmer owns land, which is an extremely valuable asset that can both be borrowed against and provides serious tax benefits. When the farm worker is under paid, the farmer is the one that reaps the profits.
- axlee 7y agoThe farmers that you're talking about are not "farmers", they're heirs. Their parent's capital is what make them wealthy now, not their jobs. Transfer them to the same job without the capital, and suddenly they're in the "dead-end".