Social Inequalities Explained in a $100 Race - Please Watch to the End. Thanks.

Do you not think that it should be an unlevel playing field? If you happen to be born (by complete luck) into a house where you always had a meal on the table & books to read, you're already miles ahead of many people. To me it just seems fair to help those who through no fault of their own have been born into poverty. A "level playing field" just helps those who are miles ahead to begin with. If you haven't seen it, you might want to watch this video [1] on a "race" - see how level the field actually is. [1] ▶ this video

in “40% of Americans can't cover a $400 emergency expense” · View on HN

> Instead, they resist the idea that those things are relevant to contemporary political disputes involving the descendants of the people who directly caused the harm and who were directly harmed. There's such a thing as generational wealth — financial, cultural — that seems to pay compound interest to successive generations. When prior generations are deprived due to racism, classism, etc., it's not unlike someone who doesn't save for retirement because s/he was repeatedly robbed at gunpoint in earlier years and so was deprived of both those savings and of the compounding effect. See the famous YouTube video about the starting line of life: ▶ this video

in “Americans Are Leaving the U.S. in Record Numbers” · View on HN

Yada Yada Taxes are theft... oh my. Just gotta love how this white, Australian born cis-male was educated in a public school, going there every day over public roads, in a town kept safe by public police, in a house that never burned down because of public firefighters, never fearing saying the wrong thing in a free constitutional democracy protected by judges, politicians and a military — lecturing everyone about that TAXES ARE THEFT, BADLY SPENT and he did it ALL BY HIMSELF. Smart boy, bravo you combined the vulnerabilities of three dozen international laws to get down to 1,3% combined tax rate. I don't even have a word for people like this. Here's my ▶ this video

in “Personal Finance Lessons for Technology Professionals” · View on HN