re: Nice opinion piece on income inequality from CNN

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Extremely hard to make something out of nothing. All the rich or semi-rich people I know got a big help from their families. All of them. Yes it's possible to make something out of nothing but it's rare.

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I know plenty who didn't. I'll let my anecdotal evidence trump yours.

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Contrary to myth, most of today's plutocrats are not the kind of Steve Jobsian visionary risk-taking entrepreneurs or superstar celebrities. The .01%, for instance, tend overwhelmingly to be high-end corporate managers and executives, particularly on Wall Street, operating in interlocking networks that inflate the standard of what an executive is "worth

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All these "Wall Street" type are working 10-12 hour days and busting their arse while the OP is probably working 40 hrs a week and complaining about it.

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Extremely hard to make something out of nothing. All the rich or semi-rich people I know got a big help from their families. All of them. Yes it's possible to make something out of nothing but it's rare.

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Is it hard than it was 30 yrs ago absolutely, hell it's harder now that it was 8 years ago. So many damned regulations won't hardly let people start their own businesses now.
I'm not in the 1% but I do very well for myself and is wasn't given shite. For the past 20yrs I've worked on average 50 hrs a week. I don't work in a Wall Street firm but it's close and I am in competition with those guys every day plus I do know a bunch of guys who do work on Wall Street.

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Extremely hard to make something out of nothing. All the rich or semi-rich people I know got a big help from their families. All of them. Yes it's possible to make something out of nothing but it's rare.

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It's called the "poverty trap" for a reason.