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The Logic of “Stupid” Poor People

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Re: The Logic of “Stupid” Poor People

#41
post #20

While I agree with the sentiment, I don't think her arguments are very strong. I personally think people make bad decisions to buy things or do things not on the premise of it being an "investment", but because most of us are very weak. We do the things we do because we are victims to advertising and peer pressure. You think they spend billions on advertising for nothing? If you read this and you are thinking, "No I…

[deleted]

Re: The Logic of “Stupid” Poor People

#42
post #35

Earlier quoted context omitted.

Exactly this. We don't teach what we want people to know as adults, unless you realize many politicians would rather have ignorant populous they can lie to with impunity. We should teach basic economics from early years until they graduate and can't be fooled any more.

I don't mean to be a pedantic jerk, and I'm only mentioning it because I would want to be corrected similarly: I think the word you meant to use was 'populace', not 'populous'.

You're like a Canadian grammar Nazi: punctilious yet courteous.

Re: The Logic of “Stupid” Poor People

#43

Earlier quoted context omitted.

Wait, where did you read that poor people vote republican? I would've guessed otherwise.

Poor in urban areas = Democrat Poor in rural areas = Republican

Poor in urban areas = Black

Poor in rural areas = White

Re: The Logic of “Stupid” Poor People

#44
post #20

While I agree with the sentiment, I don't think her arguments are very strong. I personally think people make bad decisions to buy things or do things not on the premise of it being an "investment", but because most of us are very weak. We do the things we do because we are victims to advertising and peer pressure. You think they spend billions on advertising for nothing? If you read this and you are thinking, "No I…

Er yeah, averages aren't made by half and half, they're made by dividing the sum by the count. It's quite possible to have 90% of the population be below average if the 10% is significantly above the average.

Re: The Logic of “Stupid” Poor People

#45
post #34

Earlier quoted context omitted.

> then you should realize averages exist because half of the people are below it. Only true of median.

I think that the colloquial use of the term "average" actually means the median. That's how I have seen it used, anyway.

No, people usually have the arithmetic mean in mind.

Re: The Logic of “Stupid” Poor People

#46
post #32

I read the whole article and do not agree. Here in Silicon Valley the importance of appearances has become marginal. Yes, you have to be clean, presentable, but that's it. After that you need the skills, talent, knowledge and aptitude to perform your job. And you need that everyday, to keep your job, in this hyper-competitive environment. I was a poor starving immigrant student at one point. I did fine without even m…

Silicon Valley is still somewhat an exception to the rule about appearances. In what other area do the rich people dress exactly like the poorest? Remember the hubbub when Zuckerberg wore a hoodie to a meeting regarding the Facebook IPO. That might be laughed off in Silicon Valley but I know many people in other parts of the country that would view it as insulting for someone to show up to a business meeting wearing…

Indeed many of the investment bankers were insulted. After all, that's where ego-driven people are.

Re: The Logic of “Stupid” Poor People

#47

Firstly, you are dismissisive to the point of bigotry if you ever refer to someone as stupid, I don't care if they are rich or poor. And while I'm all for personal responsibility and accountability...how many classes in public schools teach things like money and lifestyle management? Home Ec? Pretty sure all I learned there was how to cook and omlette. This country refuses to blame the parents yet we do nothing to as…

You were one of the lucky ones, then. They didn't even teach us to make omlettes.

Re: The Logic of “Stupid” Poor People

#49
One of the hard parts for me to understand about articles like this is the addition of race into a social calculation that may not have included race. If I see somebody I'm hiring has a clean car (one of the examples in the article), I'm not thinking "Great, a black person acting white by having a clean car, I'm hiring her", I'm thinking "Great, a tidy person with a clean car". I see this a lot. Obviously there are people who think the first way and I'd wager almost every person of color deals with these people every day so it's probably hard not to do that. But putting assumptions like that on every social interaction seems problematic to me. But as a white man I of course have absolutely no real sense (outside of reading and friends) of how it is to live as a person of color so what do I know. Just thinking out loud.
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