"To help the poor, make it easy for them to climb the economic ladder"
There is no "the poor"... rather its just people that do not have any other options. Primarily, higher education or certified skilled trades are the only effective way out of minimal income survivor economics.
In my opinion, people working at fast food chains making the minimum legally allowable wage work harder than any CEO or academic I've met over the years.
I would recommend this book as it quantifies how income disparity impacts young Americans development:
"Outliers: The Story of Success Paperback" (Malcolm Gladwell, 2011)
Notably, naively explaining passive income from assets to minimum wage workers is not usually a productive conversation. Rather, folks are just projecting their own perspective on people in a different situation. =3
There is no "the poor"... rather its just people that do not have any other options. Primarily, higher education or certified skilled trades are the only effective way out of minimal income survivor economics.
In my opinion, people working at fast food chains making the minimum legally allowable wage work harder than any CEO or academic I've met over the years.
I would recommend this book as it quantifies how income disparity impacts young Americans development:
"Outliers: The Story of Success Paperback" (Malcolm Gladwell, 2011)
https://www.amazon.ca/Outliers-Story-Success-Malcolm-Gladwel...
Notably, naively explaining passive income from assets to minimum wage workers is not usually a productive conversation. Rather, folks are just projecting their own perspective on people in a different situation. =3