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what are your average weekly hours?
Bowl Leader
Guys there’s this boot camp that I came across that trains people to get jobs in Top consulting firms and has a fee plan wherein you pay once you get placed. I just wanted to know if someone here has any experience with this ?
https://docs.google.com/spreadsheets/d/e/2PACX-1vQuKa3k-rG3emxJcfbidCjC0Su85E_BKqW9cTeFZMY4xg4LnUVxOLrpcETqf7d-iEePlFh6lJ1knwwD/pubhtml
Community Builder
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Access to good education, and decent housing.
Empower low income earners to generate more income
Crowdsourcing ideas from FB. Here is why our Social Impact group is struggling.
Income equality is not a worthy goal. Fair is not equal. Equal is not fair. I want to live in a society where brains and hard work are rewarded. That means some people are going to lose.
Why do we want to reduce it? Hard work should be rewarded.
Let the people who've lived in housing projects own their units outright. No strings, it'll increase pride in the beaten down neighborhoods and incentivize the disenfranchised
I think OP meant among races, ethnicities, gender. Otherwise it wouldn't really be inequality.
What does hard work have to do with income inequality?
Universal basic income
90% tax rate for income over 10mil?
Close tax loopholes - implement the 'Buffett tax' to extent possible, levy an inheritance tax, make sure corporations (that are for some reasons deemed as individuals) pay taxes, etc etc
Stop working on projects that result in the mass layoff of American workers for robotics or offshore work
(That would result in most of us losing our jobs)
I've been thinking about it a lot actually. I live in Chicago and feel the disparity in socio-economic levels most when I'm in an Uber or Lyft driven by people my age (27) and never had even remotely the same opportunity that I've had. They overarching theme is that they feel left out and that it's too much of an uphill battle for them at this point (sadly, I agree). Giving them an immediate injection of real estate equity (however little it may be) can incentivize them to grow those values and build wealth for themselves. That and financial literacy, in my opinion, would help let those who've lost out on decades of wealth creation take a step in the right direction
Education, education, education
Basic healthcare and sanitation across the board
Why do we obsess about wealth inequality; isn't it societal standard of living we should be focusing on to improve?
P4, that's an interesting idea. Can you expand or was that just kind of a shower thought?
The majority of 27-year-olds have lost no more than one decade of wealth creation. Perhaps they have lost decades of good decision making. If they start making good decisions today, they will have decades to create wealth. I'm not sure who said it, but we are the sum result of decisions we make.
^ agreed to a point, but this turns into a nature vs nurture argument. I'm not sure how much sound judgment can be expected of a fatherless teenager raised in a crime ridden area. By 19, it was already decided that I'll never work at McKinsey- many of these people had more dramatic life's goals that they were "priced out" of by that age and earlier. Giving these people something to be proud of now likely won't turn them into young professionals with cushy office jobs, but it'll give the next generation a fighting chance without repeating the same vicious cycle