you can be a “rapper” or a basketball star...
Or at least thats all that seems to be important (don’t go to college ‘n be all actin’ white)
Access to wealth, or the opposite position, aversion to accumulation of worldly goods, is a state of mind, not a condition forced upon an individual by others. Each of us has a “comfort level” at which we maintain our personal standards and attitudes about money, and this is largely an inheritance we get from our family and associates. None of it is genetic.
“A man is about as happy as he makes up his mind to be.” This quote is attributed to Abraham Lincoln, and it is one of those eternal verities that does not change over time.
Watching some people use their access to wealth is like watching a dog eat peanut butter.
Speaking strictly as a guy who’s been far from wealthy most of his life: Williams is right. If I’d sincerely wanted to be wealthy, I’d have got there.
“Some, but not all, of the explanation for the wealth differences between blacks and whites has to do with inheritances.”
This is the rationale for reparations; the inherited money (passed down through generations) was “stolen from blacks”. I’m middle-aged with two living parents; any inheritance would be split many ways (it’s an Irish thing). I started delivering newspapers in sixth grade and haven’t been without a job since; that may be why I have something (which isn’t much anyway). Oh, and I didn’t start breeding until my late twenties, and then it was with my wife in a monogamous marriage.
Essentially the same points Thomas Stanley made when he wrote the Millionaire Next Door.
Bflr.
As a mother, I share Walter Williams’s frustration as he tells people the same simple, obvious things over and over again.
No, I am just a victim. I’m sick so I’ll never get out of poverty. I have Can’tcer