Kristof
“The chance of a person who was born to a family in the bottom 10 percent of the income distribution rising to the top 10 percent as an adult is about the same as the chance that a dad who is 5 feet 6 inches tall having a son who grows up to be over 6 feet 1 inch tall,” Krueger observed in a speech. “It happens, but not often.” I thoroughly agree with Krueger. There is a cycle of poverty we often see. When a family without an education, or access to food and healthcare has kids, the poverty is handed down to the children. Their children grow up and continue this desolate cycle. In truth, the government or various charities are really the only ones to end this cycle when they intervene providing healthcare, employment or financial assistance. Yes, a select few may escape this process, but many cannot avoid this fate. “Rich kids make a lot of bad choices,” Professor Reardon notes. “They just don’t come with the same sort of consequences.” Rick acknowledged that he had made bad choi...
