4 ms·

Social mobility is really hard to measure, but all else equal, I think America is the best place in the world for a poor person to become filthy rich (top 0.1%)

Social mobility is really hard to measure, but all else equal, I think America is the best place in the world for a poor person to become filthy rich (top 0.1%) but not the best place in the world for a poor person to simply transition to middle/upper class.

klabb3 5y ago
Note the denominator in this statement. The poor -> middle class transition is relevant for a huge amount of people, and the poor -> filthy rich is relevant to such a small number of people I don't even know a single soul alive who made that transition, despite billionaires being very public figures.
Bukhmanizer 5y ago
I really would like to see some statistics about this. I have a feeling that many people will agree with you, simply because 1. the American "rags to riches" story is one that the media bombards people with over and over again 2. Lots of people simply lie about the circumstances they come from
deleted 5y ago
[deleted]
bigdict 5y ago
Basically literally a lottery.
atoav 5y ago
I think it would be easier to become "filthy rich" for a poor person when they start in a nation with free healthcare and education. Because both of those things have a big chance of impacting your poor person's career lastingly if they don't have luck. Most of the 0.1% inherited their wealth or at least came from an well educated background.
- VWWHFSfQ 5y ago
  > I think it would be easier to become "filthy rich" for a poor person when they start in a nation with free healthcare and education. Poor people in USA have both free healthcare and education. If they're willing to fill-out some forms. Edit: Yes, contrary to the popular belief, poor people in USA do, in fact, get free health care and education.
  - atoav 5y ago
    > If they're willing to fill-out some forms. How does that part work in practise? Are these forms something someone from a poor uneducated background can actually realistically fill out? The way I see it many Americans I had the chance to talk with either take a gamble on their health or they spend not unsignificant time and energy to find their ways through the system. The first choice can turn out just fine, or (in many cases) completely catastrophic. The second choice takes away time and resources that could have been spent somewhere else.
    - ravitation 5y ago
      The larger problem is not simply getting access to medicaid, it's also that the US defines poverty essentially based on access to medicaid... Where a non-trivial portion of the population does not qualify for medicaid, but are also far from being financially secure.
    - throwaway0a5e 5y ago
      >How does that part work in practice? Are these forms something someone from a poor uneducated background can actually realistically fill out? Yes, at least in the 3 states where I know anything about how the systems work. It's all the same information you fill out to get your driver's license, kid's school lunch which, contrary to the prevailing trope around here, being poor does not make you too stupid to do. It's way less arcane than reporting loan interest on your taxes or trying to register a used car last registered by a dead guy.
    - VWWHFSfQ 5y ago
      Any poor person can walk into an urgent care or go to some place like ZocDoc and get help signing-up for Medicaid or Obamacare. Likewise, any poor person can go to the local community college and tell the person at the desk that they want to enroll in some classes and they will be directed to the financial aide office where they will receive help to sign up for FAFSA [0] and Pell Grants [1]. All of these forms are printed in about 5 languages. There are people in the offices there to literally help the poor people write their own names on the forms. [0] https://studentaid.gov/h/apply-for-aid/fafsa https://studentaid.gov/h/apply-for-aid/fafsa [1] https://studentaid.gov/understand-aid/types/grants/pell https://studentaid.gov/understand-aid/types/grants/pell
analog31 5y ago
Oddly enough, what you just described, is a pretty good model of a country with a powerball lottery. Oops, this is the second post to say basically the same thing.
hn8788 5y ago
It could definitely be better, but I think there are more opportunities than most people realize. Joining the military is a big one; you get paid to learn a marketable skill, usually have your college tuition paid for, and you get to move out of your hometown. I knew a few people who joined because it was a quick way to get out of their shitty hometown where the options were sell drugs, or be poor. Knowledge of what's available would probably go a long way towards helping people move up. My wife grew up in a small rural area with no job options besides Wal-Mart and fast food joints, and she hated it so much that she ended up getting enough scholarships to make money earning her undergrad. She's the first person in her family to go to college, and most of the rest think college is super expensive, and don't know about scholarships to help poor people go.
- pm90 5y ago
  Joining the Military shouldn’t be the primary path to a better life; that seems incredibly dystopian.
  - deleted 5y ago
    [deleted]
- tcmart14 5y ago
  It really depends. Some jobs in the military don't gain you a lot of marketable skills. Infantry is a good example. If anything it shows you can complete a few years commitment. Then in some jobs, your military experience doesn't matter. Let take the example of a Navy Corpsman. Functionally, they are equivalent of a Medical Assistant, however when they get out, they don't have the necessary licensing requirements to be a Medical Assistant and may still have to pursue schooling before taking the licensing exam. So, sometimes it leads to marketable skills, sometimes it doesnt. Sometimes it leads to skills that can transition out into the civilian world, but doesn't because of license and certifications constraints. But yea, some people do join to get out of shitty small town. I did 5 years in the Navy because in my rural North Carolina town there were 2 other options, make the meth or consume the meth.
deleted 5y ago
[deleted]
yibg 5y ago
Maybe also depends on the background of the poor person. I grew up poor. Definitely in the bottom 20% of income or wealth. However my parents were both very educated (immigrants), valued education, and I had a stable family life. I did well in school, went to university and am now moderately successful financially. But I can see someone with a similar financial background, but growing up in a family that didn't value education, perhaps single parent working all the time struggling much more to get ahead.

klabb3 5y ago

Note the denominator in this statement. The poor -> middle class transition is relevant for a huge amount of people, and the poor -> filthy rich is relevant to such a small number of people I don't even know a single soul alive who made that transition, despite billionaires being very public figures.

Bukhmanizer 5y ago

I really would like to see some statistics about this. I have a feeling that many people will agree with you, simply because 1. the American "rags to riches" story is one that the media bombards people with over and over again 2. Lots of people simply lie about the circumstances they come from

deleted 5y ago

[deleted]

bigdict 5y ago

Basically literally a lottery.

atoav 5y ago

I think it would be easier to become "filthy rich" for a poor person when they start in a nation with free healthcare and education. Because both of those things have a big chance of impacting your poor person's career lastingly if they don't have luck. Most of the 0.1% inherited their wealth or at least came from an well educated background.

VWWHFSfQ 5y ago
> I think it would be easier to become "filthy rich" for a poor person when they start in a nation with free healthcare and education. Poor people in USA have both free healthcare and education. If they're willing to fill-out some forms. Edit: Yes, contrary to the popular belief, poor people in USA do, in fact, get free health care and education.
- atoav 5y ago
  > If they're willing to fill-out some forms. How does that part work in practise? Are these forms something someone from a poor uneducated background can actually realistically fill out? The way I see it many Americans I had the chance to talk with either take a gamble on their health or they spend not unsignificant time and energy to find their ways through the system. The first choice can turn out just fine, or (in many cases) completely catastrophic. The second choice takes away time and resources that could have been spent somewhere else.
  - ravitation 5y ago
    The larger problem is not simply getting access to medicaid, it's also that the US defines poverty essentially based on access to medicaid... Where a non-trivial portion of the population does not qualify for medicaid, but are also far from being financially secure.
  - throwaway0a5e 5y ago
    >How does that part work in practice? Are these forms something someone from a poor uneducated background can actually realistically fill out? Yes, at least in the 3 states where I know anything about how the systems work. It's all the same information you fill out to get your driver's license, kid's school lunch which, contrary to the prevailing trope around here, being poor does not make you too stupid to do. It's way less arcane than reporting loan interest on your taxes or trying to register a used car last registered by a dead guy.
  - VWWHFSfQ 5y ago
    Any poor person can walk into an urgent care or go to some place like ZocDoc and get help signing-up for Medicaid or Obamacare. Likewise, any poor person can go to the local community college and tell the person at the desk that they want to enroll in some classes and they will be directed to the financial aide office where they will receive help to sign up for FAFSA [0] and Pell Grants [1]. All of these forms are printed in about 5 languages. There are people in the offices there to literally help the poor people write their own names on the forms. [0] https://studentaid.gov/h/apply-for-aid/fafsa https://studentaid.gov/h/apply-for-aid/fafsa [1] https://studentaid.gov/understand-aid/types/grants/pell https://studentaid.gov/understand-aid/types/grants/pell

analog31 5y ago

Oddly enough, what you just described, is a pretty good model of a country with a powerball lottery. Oops, this is the second post to say basically the same thing.

hn8788 5y ago

It could definitely be better, but I think there are more opportunities than most people realize. Joining the military is a big one; you get paid to learn a marketable skill, usually have your college tuition paid for, and you get to move out of your hometown. I knew a few people who joined because it was a quick way to get out of their shitty hometown where the options were sell drugs, or be poor. Knowledge of what's available would probably go a long way towards helping people move up. My wife grew up in a small rural area with no job options besides Wal-Mart and fast food joints, and she hated it so much that she ended up getting enough scholarships to make money earning her undergrad. She's the first person in her family to go to college, and most of the rest think college is super expensive, and don't know about scholarships to help poor people go.

pm90 5y ago
Joining the Military shouldn’t be the primary path to a better life; that seems incredibly dystopian.
- deleted 5y ago
  [deleted]
tcmart14 5y ago
It really depends. Some jobs in the military don't gain you a lot of marketable skills. Infantry is a good example. If anything it shows you can complete a few years commitment. Then in some jobs, your military experience doesn't matter. Let take the example of a Navy Corpsman. Functionally, they are equivalent of a Medical Assistant, however when they get out, they don't have the necessary licensing requirements to be a Medical Assistant and may still have to pursue schooling before taking the licensing exam. So, sometimes it leads to marketable skills, sometimes it doesnt. Sometimes it leads to skills that can transition out into the civilian world, but doesn't because of license and certifications constraints. But yea, some people do join to get out of shitty small town. I did 5 years in the Navy because in my rural North Carolina town there were 2 other options, make the meth or consume the meth.

deleted 5y ago

[deleted]

yibg 5y ago

Maybe also depends on the background of the poor person. I grew up poor. Definitely in the bottom 20% of income or wealth. However my parents were both very educated (immigrants), valued education, and I had a stable family life. I did well in school, went to university and am now moderately successful financially. But I can see someone with a similar financial background, but growing up in a family that didn't value education, perhaps single parent working all the time struggling much more to get ahead.