tag:blogger.com,1999:blog-1527840491496268397.post6539125789206620362..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Books Read - Q4 2018Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1527840491496268397.post-54019846680204716422019-01-01T00:58:28.767-07:002019-01-01T00:58:28.767-07:00Thanks for sharing!!
Thanks for sharing!!<br />Tomhttps://www.blogger.com/profile/03415270700196830621noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-73815021201093519012018-12-31T11:35:12.587-07:002018-12-31T11:35:12.587-07:00You know that classic Republican straw man about p...<i>You know that classic Republican straw man about poor people? It goes something like –<br /><br /><b>“In the glorious modern American capitalist economy, all people can pick themselves up by their bootstraps and make a good living if they really want to. The only way to fail is to not try hard enough. Poor people are all lazy loafers who would rather take drugs, rack up illegitimate children, and become welfare queens, than work an honest day in their lives. It’s their own damn fault they’re poor.”</b><br /><br />Vance argues that this straw man is basically true.<br /><br />Yes, of course it’s more complicated than that. There are external factors at play that makes the lives of his fellow hillbillies in Appalachia worse, like the collapse of American industrialism. But underlying the depressed economies, high unemployment, underfunded schools, and shoddy welfare networks, are simply a lot of bad decisions made on an individual level.</i><br />https://www.reddit.com/r/slatestarcodex/comments/ab74uz/hillbilly_elegy_the_culture_of_white_american/Anonymousnoreply@blogger.com