Tag: socioeconomic status

Winners and Losers

Recently, everybody’s favorite crazy uncle of old media, the New York Times, asked the loaded question, “What Drives Success?” The article pointed out that some ethnic groups are more economically successful than others, and it pinpointed three reasons for this. The first is “a superiority complex — a deep-seated belief in their exceptionality. The second appears to be the opposite — insecurity, a feeling that you or what you’ve done is not good enough. The third is impulse control.”

It’s an interesting thesis. But lost in the analysis and point-by-point explanation was this side note: “Most fundamentally, groups rise and fall over time. The fortunes of WASP elites have been declining for decades.”

In other words, nobody stays at the top or the bottom forever. And as the article points out, “The fact that groups rise and fall this way punctures the whole idea of ‘model minorities’ or that groups succeed because of innate, biological differences.”

dna strands

So for all the people who think Latinos are innately inferior, keep in mind that there are some “Hispanic groups in America that far outperform some white and Asian groups,” and that this trend is likely to accelerate.

The fortunes of groups twist and turn in a perpetual cycle. And one can choose to find that either comforting or terrifying.

 


Move Over

As I’ve mentioned before, I live in an LA neighborhood that features both apartment buildings with working-class residents and million-dollar mansions. Again, I am much closer to one end of that scale than the other (I will let you guess which).

In any case, the mixed character of my neighborhood may be doomed. According to one study, “the percentage of American families living in middle-income neighborhoods dropped to 42 percent in 2009 from 65 percent in 1970.” Basically, more people are packing up and moving to one end of the spectrum (i.e., very wealthy or very poor), and “the growing physical separation of the rich and poor is hastening the decline of middle-class neighborhoods and could make income inequality even worse.”

moving co

In essence, this is the new segregation, but along class lines rather than strict ethnic boundaries. Of course, those two concepts are strongly linked, so it’s really just racial segregation again, but not as overt and with a twenty-first-century twist.

But keep in mind that “the growing divide has been especially striking in the country’s black and Hispanic communities, where the rich and poor of each racial group are dividing from one another at a pace far quicker than in the white community.”

I suppose this means that I have to start packing.

 


Stranglehold

I’ve written before about the asphyxiating grasp that rich people have on the American Dream. As we know, the concept of social mobility is, at best, a faded myth that may never be relevant again. At worst, it is delusional pabulum served up to the masses to prevent them from revolting.

torch-and-pitchfork

 

But just in case you thought you could get ahead by sheer hard work and a can-do attitude, consider the following fact: According to one study, your degree of social mobility depends to a large degree upon where you live.

So for those of you who are poor in, say, Georgia, the odds are pretty good that your children are not going to swing the middle-class lifestyle. But don’t worry, “the chances that affluent children grow up to be affluent are broadly similar across metropolitan areas.” So again, the rich are going to be ok.

But wait — isn’t education the great equalizer? Well, nabbing a college degree is indeed one of the best ways to increase your income. Unfortunately, many kids are being priced out by tuitions that can only be called obscene. Again, however, you don’t have to fret over the wealthy. Because “college students have a better chance of getting financial aid if they come from affluent backgrounds than if they are lower on the income scale.” Yes, once again, the wealthy get a break denied to others, even if — as in this case — they don’t need it nearly as much as people on the lower end of the socioeconomic scale.

Of course, Hispanic kids are less likely to be rich in the first place. And thanks to backward cultural priorities, the odds are good that their children and grandchildren won’t be financially secure either.

Well, at least it won’t be awkward at Thanksgiving dinner, because we won’t have to endure about those rich relatives flaunting their wealth. Because everybody will be broke.

 



Party On

Due to unusual circumstances that I won’t even get into, I found myself at a ritzy event, surrounded by wealthy individuals. I happened to be standing near the door, and I saw members of the one percent walk in.

For the most part, they were polite and just like you and me. However, the exceptions were numerous enough to notice.

To continue reading this post, please click here.


Power Play

Perhaps you didn’t notice when a national political leader said that America was entering the “Decade of the Hispanic.”

You can be forgiven, because the speaker was Henry Cisneros, and he wasn’t talking about our current decade. He was talking about the 1980s.

To continue reading this post, please click here.


The Militant

Like many ethnic minorities, I have been accused more than once of hating white people.

But for someone who despises the white race, I am seriously guilty of fraternizing with the enemy. I don’t want to get into the whole “some of my best friends” are this or that, but I’ll just mention that my wife (of German ancestry) would be a little peeved to find out about my deep-seeded hatred of white people.

I guess I’m also wracked with self-loathing, because (as I’ve pointed out many times) I’m half-white myself (on my father’s side).

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