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Monday, May 21, 2012

The American lottery effect


Many Americans accept class warfare when it directed against the poor and minorities, but buy into the class warfare arguments of Karl Rove when the tax perks and excesses of the affluent are examined.

Part of the problem is what Rightardia calls the lottery effect. Many Americans think they can be millionaires and as they grow older and their chances diminish, they play the lottery to achieve the American dream.

According to Wikipedia, the percentage of Americans who are millionaires is 0.15571 %. 


This means the odds of becoming a millionaire area less than 1:50. When you factor in education, the odds are even greater. According  to Forrester Research, only 20% of America's millionaires never attended college. 


This means approximately 1 in 250 people who never went to college might become a millionaire. That is pretty slim odds. 


Yet the improbable dream persists. The majority of Americans, roughly two of three, would like to be rich. 


Of course, how do you define rich  Many would define it by their circle of friends and family. Jesus would probably define it by the one's readiness for the Kingdom of God. 


Jesus said:

how hard is it for them that trust in riches to enter into the kingdom of God! It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

Oddly, many fundamentalist Christians seems to ignore Jesus' words on affluence and talk about Christian prosperity.  


http://en.wikipedia.org/wiki/List_of_college_dropout_billionaires
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