Showing posts with label Rich. Show all posts
Showing posts with label Rich. Show all posts

Monday, April 7, 2014

Remember That 18 Year Old Rich Kid "It"sLavishBitch" Who Constantly Bragged About How Rich He Was On Instagram? Well He Got The Shit Beat Out Of

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Remember That 18 Year Old Rich Kid "It"sLavishBitch" Who Constantly Bragged About How Rich He Was On Instagram? Well He Got The Shit Beat Out Of

Friday, March 21, 2014

Kristen Bell"s tweet advocating taxing the rich sets off Fox News

Kristen Bell"s tweet advocating taxing the rich sets off Fox News
http://assets.nydailynews.com/polopoly_fs/1.1729532.1395424296!/img/httpImage/image.jpg_gen/derivatives/landscape_635/528008285.jpg

Actresses Kristen Bell, pictured at the Hollywood premiere of ‘Veronica Mars’ last week, caused much grumbling at Fox News over her tweet about taxing the rich.

FREDERIC J. BROWN/AFP/Getty Images


Actresses Kristen Bell, pictured at the Hollywood premiere of ‘Veronica Mars’ last week, caused much grumbling at Fox News over her tweet about taxing the rich.




“Veronica Mars” star Kristen Bell is getting panned by her toughest critics – Fox News.


The right-leaning news network’s Neil Cavuto slammed the 33-year-old actress for a tweet that called for the rich to be taxed at a higher rate.


RELATED: KRISTEN BELL, DAX SHEPARD URGE MAGAZINE BOYCOTT


“Should the star of Veronica Mars just go live n Mars,” asked Cavuto opening the Wednesday night segment of Fox News’ “Your World With Neil Cavuto.”


His guest Dave Maney, the CEO of Deke Digital, chimed in by suggesting that Bell, herself a millionaire, could donate extra money to the government if she so chose.


Maney then speculated that Bell’s real motive was to get some publicity for her latest film – “Veronica Mars” opened last Friday.


“Kristen is a pretty savvy social media promoter of herself and her film is not doing too well at the box office and I think it was a good way to get her name in the news,” he said.


Host Neil Cavuto (l.) and guest Dave Maney slammed the 33-year-old actress for suggestion that the government raise taxes on the rich.

Fox News


Host Neil Cavuto (l.) and guest Dave Maney slammed the 33-year-old actress for suggestion that the government raise taxes on the rich.



RELATED: KRISTEN BELL, DAX SHEPARD WED IN COUNTY CLERK’S OFFICE CEREMONY


RELATED: KRISTEN BELL: I HAD A ‘THREESOME’ SHOOTING A SEX SCENE WHILE PREGNANT


Bell whipped up an Internet debate when she tweeted Wednesday:


Conservatives were not so impressed with Bell’s proposed taxation policy.


Cavuto and Maney went from deriding Bell — who also voiced the main character in Disney’s hit animated film “Frozen” — to complaining about how the federal government wasted the tax dollars that it did receive.


“But she was great in ‘Frozen,’” Cavuto concluded of Bell at the end of the segment.




Entertainment – NY Daily News




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Sunday, March 9, 2014

America"s rich moving jobs out of the country?

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America"s rich moving jobs out of the country?

Wednesday, February 12, 2014

5 Ways Rich People"s "Entitlements" Cheat You and Me

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5 Ways Rich People"s "Entitlements" Cheat You and Me

Crybabies of the 1 Percent: The Rich Complain While Getting Away With Everything



Forget affluenza. The rich"s real "disease" is failing to get that their privileges come at a price: our contempt.








More than half a century ago, “West Side Story” satirized the idea that what was then known as juvenile delinquency was a product of poverty and the psychological maladjustments it produced, and that therefore “this boy don’t need a judge, he needs an analyst’s care.”


Since then, America has been busy transforming itself into an unabashed plutocracy: while median household income has barely budged since the mid-1960s, the annual income of the top 1 percent has increased by an average of approximately 200 percent in real terms.


So perhaps it’s not surprising that the belief that economic deprivation leads to psychological hardship, which in turn inspires youthful crimes, has not merely been discarded but, in some cases, actually inverted.


Consider the case of a Texas teenager who killed four people and severely injured two others while drunk-driving in his father’s pickup truck. Prosecutors wanted to send him to prison for 20 years, but a judge decided to give him no jail time at all after an expert witness for the defense testified that the defendant was suffering from “affluenza.”


This affliction, the psychologist testified, was a product of the defendant having spent his life in the lap of luxury. Having his parents’ cash between himself and reality had left the killer of four of his neighbors unable to make the connection between his decisions – such as his decision to drive a two-ton truck down a residential street at 70 miles per hour while drunk out of his mind – and the potential consequences of those decisions.


In short, the defense team argued, their client was depraved because he wasn’t deprived.


This argument seems to have worked on the judge, who sentenced the defendant to 10 years of probation after his wealthy family offered to pay for their son’s confinement in a $ 450,000-per-year in-patient facility, where apparently young scions are therapeutically guided toward the insight that randomly slaughtering your fellow citizens as a predictable consequence of your own selfishness and stupidity is a bad thing to do.


Understandably, the judge’s decision has outraged many people, including the families of the victims. Eric Broyles, whose wife and daughter were killed by the defendant, argued that “had he not had money to have the defense there, to also have the experts testify and also offer to pay for the treatment, I think the results would have been different.”



That’s probably true.  The rich can to a significant extent buy their way out of suffering the full consequences of their crimes and those of their children – not primarily through crude (and, and in the American justice system, fairly rare) mechanisms such as bribing judges and prosecutors, but because to be rich means that you will have almost limitless opportunities to manipulate the system toward working in your favor.


All this brings to mind the recent controversy over Tom Perkins’ remarks, comparing animosity toward the rich to the kind of hatred that eventually culminated in the genocidal persecution of the Jews by the Nazis. Perkins’ absurd exaggeration elicited a storm of condemnation, and rightly so.


Perkins’ remarks (which have been echoed by various other 1 percenters) point to the real affluenza, rather than the fake syndrome conjured up by an expert witness to help get a rich kid off the hook for four homicides. The real affluenza is the failure of the rich to appreciate that their special privileges – such as the privilege of operating under what is, from a practical perspective, a substantially different justice system than everyone else – must come at a price.


That price is paid in the form of the growing contempt of their fellow citizens, a contempt that grows in proportion to the ever-increasing gap in America between the children of privilege and everyone else.



 


 

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Crybabies of the 1 Percent: The Rich Complain While Getting Away With Everything

Friday, January 24, 2014

Priceless! Jon Stewart Ridicules the Richest of the Rich for Pretending to be Concerned About Economic Inequality



At the Davos World Economic Forum, billionaires discuss inequality over champagne and cigars.








Last night on the Daily Show, Jon Stewart skewered the hypocrisy of a bunch of white rich men getting together to worry about economic inequality — as they enjoyed the luxury of the salons of the Swiss Alps. “Inequality!” Stewart cried. “They’re talking about it in the cigar lounges and the champagne pavilions! In the cocaine-atoriums! They’re talking about it inside the same shared escorts.” As for the extent of this inequality, how"s this for a shocking statistic: The poorer half of the world — all 3.5 billion of them — have the same amount of money as the richest 85 people. Don"t miss his scathing satire:





 

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Priceless! Jon Stewart Ridicules the Richest of the Rich for Pretending to be Concerned About Economic Inequality

Monday, January 20, 2014

On the News With Thom Hartmann: Forbes 400 Are as Rich as All US African-Americans, and More

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On the News With Thom Hartmann: Forbes 400 Are as Rich as All US African-Americans, and More

Monday, January 13, 2014

Ten Examples of Welfare for the Rich and Corporations


posted on Jan, 13 2014 @ 01:01 PM





Who’s going to save us from corporate welfare.




No-one is going to save anyone from corporate welfare except ourselves.

Corporations will continue to fleece and leech off taxpayers as long as we let them. They are owned and operated by criminals, and aided and abetted by corrupt politicians and governments.


There will soon be no jobs to be had except at corporations. All the stores we buy from will be owned by corporations. Everything we need to survive will only be available from corporations, they will all own and provide everything.


Cut off their life-lines by not working for them and not buying from them, have nothing to do with them whatsoever. And do it now. Even if it means you have to struggle to get by.


WE are their life-lines. We are their sustenance. Without our co-operation they will die.


Rest In Pieces, you filthy corporations.




AboveTopSecret.com New Topics In Breaking Alternative News



Ten Examples of Welfare for the Rich and Corporations

Saturday, January 4, 2014

Rich Catholics Threaten Pope Francis — Because He Frightens Them



Aggressive and whiny, billionaires like Kenneth Langone threaten to withhold donations to the church.








        If anyone wonders whether Pope Francis has irritated wealthy conservatives with his courage and idealism, the latest outburst from Kenneth Langone left little doubt. Sounding both aggressive and whiny, the billionaire investor warned that he and his overprivileged friends might withhold their millions from church and charity unless the pontiff stops preaching against the excesses and cruelty of unleashed capitalism.
        According to Langone, such criticism from the Holy See could ultimately hurt the sensitive feelings of the rich so badly that they become “incapable of feeling compassion for the poor.” He also said rich donors are already losing their enthusiasm for the restoration of St. Patrick"s Cathedral in Manhattan — a very specific threat that he mentioned directly to Cardinal Timothy Dolan of New York.
        Langone is not only a leading fundraiser for church projects but a generous donor to hospitals, universities and cancer charities (often for programs and buildings named after him, in the style of today"s self-promoting philanthropists). Among the super-rich, he has many friends and associates who may share his excitable temperament.
        While his ultimatum seems senseless — would a person of true faith stiff the church and the poor? — it may well be sincere. And Langone spends freely to promote his political and economic views, in the company of the Koch brothers and other Republican plutocrats.
        Still, a pope brave enough to face down the mafia over his financial reform of the murky Vatican Bank shouldn"t be much fazed by the likes of Langone.
        Yet Langone has reason to worry that the Holy Father is in fact asking hard questions about people like him. Indeed, he could serve as a living symbol of the gross and growing economic inequality that disfigures the American system and threatens democracy.
        As a leader of the New York Stock Exchange, he was largely responsible for the scandalous overpayment of his friend Richard Grasso, the exchange president who received nearly $ 190 million in deferred compensation when he stepped down. Although New York"s highest court eventually upheld Grasso"s pay package, it was a perfect example of the unaccountable, self-serving greed of Wall Street"s elite.
        Anything but repentant following the revelation and repudiation of the Grasso deal by NYSE executives, Langone told Forbes magazine in 2004: “They got the wrong f—ing guy. I"m nuts, I"m rich, and, boy, do I love a fight. I"m going to make them s— in their pants. When I get through with these f—ing captains of industry, they"re going to wish they were in a Cuisinart — at high speed.”
        He embarked on a furious vendetta against Eliot Spitzer, who had fought to recapture Grasso"s millions as New York attorney general. And when Spitzer was forced to resign as governor in the wake of a prostitution scandal, Langone"s public gloating seemed to indicate that he had played a personal role in exposing his enemy"s indiscretions. He particularly hated Spitzer for attempting to punish and curtail the worst misconduct in the financial industry.
        While Langone passionately defended the outlandish grasping of the super-rich like his friend Grasso, however, he has displayed far less indulgence toward workers, especially those struggling to support their families on poverty wages. Until just last year, he was a director of Yum! Brands, the global fast food conglomerate that includes Taco Bell and Kentucky Fried Chicken among its holdings — and that spends millions annually to hold down the minimum wage and prevent unionization of its ill-paid employees and farmworkers.
        What all this adds up to is hundreds of millions of dollars in questionable compensation for financial cronies, but not a dime more for low-income workers. It is exactly the kind of skewed outcome Francis means when he speaks about today"s capitalists, “the powerful feeding upon the powerless,” and the need for renewed state regulation to bring their burgeoning tyranny under control. He is talking about Langone, the Kochs and an entire gang of right-wing financiers.
        “How I would love a church that is poor and for the poor,” Francis said not long after his election to the papacy. This could be what he gets — and that might not be so bad, for the poor and for all of us, Catholic or not, who love justice.


 

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Rich Catholics Threaten Pope Francis — Because He Frightens Them

Thursday, January 2, 2014

Extreme Rich because of Giant Debt-Scam Mega Ponzi Scheme sold by Banksters & Corporatism

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Extreme Rich because of Giant Debt-Scam Mega Ponzi Scheme sold by Banksters & Corporatism

Thursday, December 12, 2013

Teen Kills 4; Judge LITERALLY Lets Him Off Because He is Rich! (109 replies)

Teen Kills 4; Judge LITERALLY Lets Him Off Because He is Rich! (109 replies)
http://pixel.quantserve.com/pixel/p-89EKCgBk8MZdE.gif


posted on Dec, 11 2013 @ 04:28 PM


reply to post by TechUnique

I’m not sorry that this happens, it will…..persist the next 1000 years.


If I need something, I just take it. If you know you won’t be caught.. do it.


its between your God and Others’.


whoever is the stronger, benefits..


and for you that are smitten by this…. please get over it.


BTW, thats close to the truth, I don’t do that.
That’s why I make good choices, and I live in a place half the size of
most garages, barely have food, or a job_ to pay salary to a judge with my
taxes that would be better used for the gasoline to burn them at a stake!


edit on 11-12-2013 by AK907ICECOLD because: (no reason given)


Now before i get yelled at:
Its because I have a conscience, some do not. Plain and simple.
without mass amount of fund you and I will never see the kind of justice.


edit on 11-12-2013 by AK907ICECOLD because: I’m ranting pissed





AboveTopSecret.com Hot Topics




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Monday, October 28, 2013

The Lowdown on Social Security, and the Republican attempts to give more to the rich.

For some, Social Security is something that needs to be cut, an “entitlement” that Paul Ryan describes often as a hammock. That “hammock” helped Ryan pay for college.

I ran across this explanation that I thought explained what has happened to SS, no thanks to the Republican whiners who’ve benefited from pillaging the trust fund for their own benefit. Democrats have been a part of this too, but they’re not the ones who want to downsize it.


Social Security is running on a  surplus of $ 2.6 trillion, it’s funded until  2037, it  cannot run out of money, it  cannot contribute to the deficit, it has  lower administrative costs than private sector 401k retirement plans, and it’s wildly popular … a report by the  AARP Public Policy Institute found that Social Security stimulates the economy, adding more than $ 1 trillion to the U.S. economy each year.

The Free-Market Alternative Doesn’t Work: Stunningly, the number of private sector workers  covered by a pension with a guaranteed payout has dropped from 60 percent to 10 percent. 



The most important thing to remember about the “evils of redistribution,” it’s just the opposite of what Republicans are telling you. Social Security money has been redistributed to the wealthy, not the other way around:


Redistribution Has Moved Retirement Money from the Middle Class to the Rich: Tax Expenditures — subsidies from special deductions, exemptions, exclusions, credits, capital gains, and loopholes that move  tax money to the richest taxpayers — are  estimated to be worth up to  8% of the GDP, or about $ 1.2 trillion. That alone is more than enough to pay for  Social Security ($ 883 billion).


Because of this misdirected revenue, government has been forced to  borrow from Social Security to fund its programs. Most notably,  George W. Bush took our retirement money to pay for his two wars and his tax cuts for the rich. 



If you take anything away from this article, it’s this:


This last reason, more than any of the others, reveals the overwhelming unfairness of cutting Social Security. In effect, the middle class is being told to replenish its own savings account after those savings were passed along to the military and the super-rich. 




Democurmudgeon



The Lowdown on Social Security, and the Republican attempts to give more to the rich.

Thursday, September 5, 2013

VIDEO: Sofia Vergara Earning $30M as Highest Paid TV Actress







Sofia Vergara is earning $30M a year, landing her on top of Forbes’ list of TV’s highest paid actresses. Find out who else makes the cut.













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Saturday, July 20, 2013

Obama Weekly Address: Confirming Rich Cordray To Lead The CFPB


White House: In this week’s address, President Obama discusses the Senate’s confirmation of Rich Cordray as Director of the Consumer Financial Protection Bureau.




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Obama Weekly Address: Confirming Rich Cordray To Lead The CFPB

Weekly Address: Confirming Rich Cordray to Lead the CFPB


WASHINGTON, DC— In this week’s address, President Obama discussed the Senate’s confirmation of Rich Cordray as Director of the Consumer Financial Protection Bureau. The CFPB is an independent watchdog set up to protect families from irresponsible behavior in the financial sector – one that puts mortgage lenders, student lenders, payday lenders, and credit reporting and debt collection agencies under greater scrutiny, while providing the American people a place to get some measure of justice if they don’t play by the rules. 


The audio of the address and video of the address will be available online at www.whitehouse.gov at 6:00 a.m. ET, July 20, 2013.


Remarks of President Barack Obama
Weekly Address
The White House
July 20, 2013


Hi, everybody.  Three years ago this weekend, we put in place tough new rules of the road for the financial sector so that irresponsible behavior on the part of the few could never again cause a crisis that harms millions of middle-class families.


As part of that reform, we set up the Consumer Financial Protection Bureau, the first-ever independent consumer watchdog with one job: to protect families from that sort of behavior. 


Two years ago, I nominated a man named Rich Cordray, a former attorney general from Ohio, to run this consumer protection bureau.  But Republicans in the Senate refused to give him a simple up-or-down vote, not because they didn’t think he was the right person for the job, but because they didn’t like the law that set up the consumer watchdog in the first place. 


So last year, I acted on my own to put him in charge – because without a director, the CFPB couldn’t use all the tools at its disposal to protect consumers from shady mortgage lenders, or unscrupulous credit reporting agencies, or predatory lenders who targeted veterans and seniors.  And I’m pleased to say that he was finally confirmed this week by a bipartisan vote.


Because of the work that’s been done at the CFPB over the past two years, today, mortgage lenders, student lenders, payday lenders, and credit reporting and debt collection agencies all face greater scrutiny.  And if they don’t play by the rules, you now have somewhere to go to get some measure of justice.  In fact, the CFPB has already addressed more than 175,000 complaints from every state.


Today, as part of the CFPB’s “Know Before You Owe” efforts, students and their parents can get a simple report with the information they need to make informed decisions before taking out student loans – and more than 700 colleges have stepped up to make this information clear and transparent.   And if you’ve noticed that some credit card forms are actually easier to understand than they used to be, that’s because of the work that Rich’s team and others in the Administration have done.


Today, veterans have the tools they need to defend against dishonest lenders and mortgage brokers who try to prey on them when they come home.  Seniors are better protected from someone who sees their homes or retirement savings as an easy target.  And thanks to the hard work of folks at the CFPB, so far six million Americans have gotten more than $ 400 million in refunds from companies that engaged in unscrupulous practices.  That’s money we didn’t have the power to recover before.


You know, we’ve come a long way over the past four and a half years.  Our economy’s growing.  Our businesses have created 7.2 million new jobs in the past 40 months.  We’ve locked in new safeguards to protect against another crisis and end bailouts for good.  And even though more work remains, our financial system is more fair and much more sound than it was.


We’ve still got a long way to go to restore the sense of security that too many middle-class families are still fighting to rebuild.  But if we keep moving forward with our eyes fixed on that North Star of a growing middle class, then I’m confident we’ll get to where we need to go.


Thanks, and have a great weekend.



Close Transcript




President Obama’s Weekly Address



Weekly Address: Confirming Rich Cordray to Lead the CFPB

Sunday, May 5, 2013

No Rich Child Left Behind





The Great Divide is a series about inequality.




Here’s a fact that may not surprise you: the children of the rich perform better in school, on average, than children from middle-class or poor families. Students growing up in richer families have better grades and higher standardized test scores, on average, than poorer students; they also have higher rates of participation in extracurricular activities and school leadership positions, higher graduation rates and higher rates of college enrollment and completion.


Whether you think it deeply unjust, lamentable but inevitable, or obvious and unproblematic, this is hardly news. It is true in most societies and has been true in the United States for at least as long as we have thought to ask the question and had sufficient data to verify the answer.


What is news is that in the United States over the last few decades these differences in educational success between high- and lower-income students have grown substantially.


One way to see this is to look at the scores of rich and poor students on standardized math and reading tests over the last 50 years. When I did this using information from a dozen large national studies conducted between 1960 and 2010, I found that the rich-poor gap in test scores is about 40 percent larger now than it was 30 years ago.


To make this trend concrete, consider two children, one from a family with income of $ 165,000 and one from a family with income of $ 15,000. These incomes are at the 90th and 10th percentiles of the income distribution nationally, meaning that 10 percent of children today grow up in families with incomes below $ 15,000 and 10 percent grow up in families with incomes above $ 165,000.


In the 1980s, on an 800-point SAT-type test scale, the average difference in test scores between two such children would have been about 90 points; today it is 125 points. This is almost twice as large as the 70-point test score gap between white and black children. Family income is now a better predictor of children’s success in school than race.


The same pattern is evident in other, more tangible, measures of educational success, like college completion. In a study similar to mine, Martha J. Bailey and Susan M. Dynarski, economists at the University of Michigan, found that the proportion of students from upper-income families who earn a bachelor’s degree has increased by 18 percentage points over a 20-year period, while the completion rate of poor students has grown by only 4 points.


In a more recent study, my graduate students and I found that 15 percent of high-income students from the high school class of 2004 enrolled in a highly selective college or university, while fewer than 5 percent of middle-income and 2 percent of low-income students did.


These widening disparities are not confined to academic outcomes: new research by the Harvard political scientist Robert D. Putnam and his colleagues shows that the rich-poor gaps in student participation in sports, extracurricular activities, volunteer work and church attendance have grown sharply as well.


In San Francisco this week, more than 14,000 educators and education scholars have gathered for the annual meeting of the American Educational Research Association. The theme this year is familiar: Can schools provide children a way out of poverty?


We are still talking about this despite decades of clucking about the crisis in American education and wave after wave of school reform.Whatever we’ve been doing in our schools, it hasn’t reduced educational inequality between children from upper- and lower-income families.


Part of knowing what we should do about this is understanding how and why these educational disparities are growing. For the past few years, alongside other scholars, I have been digging into historical data to understand just that. The results of this research don’t always match received wisdom or playground folklore.


The most potent development over the past three decades is that the test scores of children from high-income families have increased very rapidly. Before 1980, affluent students had little advantage over middle-class students in academic performance; most of the socioeconomic disparity in academics was between the middle class and the poor. But the rich now outperform the middle class by as much as the middle class outperform the poor. Just as the incomes of the affluent have grown much more rapidly than those of the middle class over the last few decades, so, too, have most of the gains in educational success accrued to the children of the rich.


Before we can figure out what’s happening here, let’s dispel a few myths.


The income gap in academic achievement is not growing because the test scores of poor students are dropping or because our schools are in decline. In fact, average test scores on the National Assessment of Educational Progress, the so-called Nation’s Report Card, have been rising — substantially in math and very slowly in reading — since the 1970s. The average 9-year-old today has math skills equal to those her parents had at age 11, a two-year improvement in a single generation. The gains are not as large in reading and they are not as large for older students, but there is no evidence that average test scores have declined over the last three decades for any age or economic group.


The widening income disparity in academic achievement is not a result of widening racial gaps in achievement, either. The achievement gaps between blacks and whites, and Hispanic and non-Hispanic whites have been narrowing slowly over the last two decades, trends that actually keep the yawning gap between higher- and lower-income students from getting even wider. If we look at the test scores of white students only, we find the same growing gap between high- and low-income children as we see in the population as a whole.


It may seem counterintuitive, but schools don’t seem to produce much of the disparity in test scores between high- and low-income students. We know this because children from rich and poor families score very differently on school readiness tests when they enter kindergarten, and this gap grows by less than 10 percent between kindergarten and high school. There is some evidence that achievement gaps between high- and low-income students actually narrow during the nine-month school year, but they widen again in the summer months.


That isn’t to say that there aren’t important differences in quality between schools serving low- and high-income students — there certainly are — but they appear to do less to reinforce the trends than conventional wisdom would have us believe.


If not the usual suspects, what’s going on? It boils down to this: The academic gap is widening because rich students are increasingly entering kindergarten much better prepared to succeed in school than middle-class students. This difference in preparation persists through elementary and high school.


My research suggests that one part of the explanation for this is rising income inequality. As you may have heard, the incomes of the rich have grown faster over the last 30 years than the incomes of the middle class and the poor. Money helps families provide cognitively stimulating experiences for their young children because it provides more stable home environments, more time for parents to read to their children, access to higher-quality child care and preschool and — in places like New York City, where 4-year-old children take tests to determine entry into gifted and talented programs — access to preschool test preparation tutors or the time to serve as tutors themselves.


But rising income inequality explains, at best, half of the increase in the rich-poor academic achievement gap. It’s not just that the rich have more money than they used to, it’s that they are using it differently. This is where things get really interesting.


High-income families are increasingly focusing their resources — their money, time and knowledge of what it takes to be successful in school — on their children’s cognitive development and educational success. They are doing this because educational success is much more important than it used to be, even for the rich.


With a college degree insufficient to ensure a high-income job, or even a job as a barista, parents are now investing more time and money in their children’s cognitive development from the earliest ages. It may seem self-evident that parents with more resources are able to invest more — more of both money and of what Mr. Putnam calls “‘Goodnight Moon’ time” — in their children’s development. But even though middle-class and poor families are also increasing the time and money they invest in their children, they are not doing so as quickly or as deeply as the rich.


The economists Richard J. Murnane and Greg J. Duncan report that from 1972 to 2006 high-income families increased the amount they spent on enrichment activities for their children by 150 percent, while the spending of low-income families grew by 57 percent over the same time period. Likewise, the amount of time parents spend with their children has grown twice as fast since 1975 among college-educated parents as it has among less-educated parents. The economists Garey Ramey and Valerie A. Ramey of the University of California, San Diego, call this escalation of early childhood investment “the rug rat race,” a phrase that nicely captures the growing perception that early childhood experiences are central to winning a lifelong educational and economic competition.


It’s not clear what we should do about all this. Partly that’s because much of our public conversation about education is focused on the wrong culprits: we blame failing schools and the behavior of the poor for trends that are really the result of deepening income inequality and the behavior of the rich.


We’re also slow to understand what’s happening, I think, because the nature of the problem — a growing educational gap between the rich and the middle class — is unfamiliar. After all, for much of the last 50 years our national conversation about educational inequality has focused almost exclusively on strategies for reducing inequalities between the educational successes of the poor and the middle class, and it has relied on programs aimed at the poor, like Head Start and Title I.


We’ve barely given a thought to what the rich were doing. With the exception of our continuing discussion about whether the rising costs of higher education are pricing the middle class out of college, we don’t have much practice talking about what economists call “upper-tail inequality” in education, much less success at reducing it.


Meanwhile, not only are the children of the rich doing better in school than even the children of the middle class, but the changing economy means that school success is increasingly necessary to future economic success, a worrisome mutual reinforcement of trends that is making our society more socially and economically immobile.


We need to start talking about this. Strangely, the rapid growth in the rich-poor educational gap provides a ray of hope: if the relationship between family income and educational success can change this rapidly, then it is not an immutable, inevitable pattern. What changed once can change again. Policy choices matter more than we have recently been taught to think.


So how can we move toward a society in which educational success is not so strongly linked to family background? Maybe we should take a lesson from the rich and invest much more heavily as a society in our children’s educational opportunities from the day they are born. Investments in early-childhood education pay very high societal dividends. That means investing in developing high-quality child care and preschool that is available to poor and middle-class children. It also means recruiting and training a cadre of skilled preschool teachers and child care providers. These are not new ideas, but we have to stop talking about how expensive and difficult they are to implement and just get on with it.


But we need to do much more than expand and improve preschool and child care. There is a lot of discussion these days about investing in teachers and “improving teacher quality,” but improving the quality of our parenting and of our children’s earliest environments may be even more important. Let’s invest in parents so they can better invest in their children.


This means finding ways of helping parents become better teachers themselves. This might include strategies to support working families so that they can read to their children more often.. It also means expanding programs like the Nurse-Family Partnership that have proved to be effective at helping single parents educate their children; but we also need to pay for research to develop new resources for single parents.


It might also mean greater business and government support for maternity and paternity leave and day care so that the middle class and the poor can get some of the educational benefits that the early academic intervention of the rich provides their children. Fundamentally, it means rethinking our still-persistent notion that educational problems should be solved by schools alone.


The more we do to ensure that all children have similar cognitively stimulating early childhood experiences, the less we will have to worry about failing schools. This in turn will enable us to let our schools focus on teaching the skills — how to solve complex problems, how to think critically and how to collaborate — essential to a growing economy and a lively democracy.



Sean F. Reardon is a professor of education and sociology at Stanford.


A version of this article appeared in print on 04/28/2013, on page SR1 of the NewYork edition with the headline: No Rich Child Left Behind.



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Opinionator» The Great Divide

No Rich Child Left Behind

Saturday, May 4, 2013

No Rich Child Left Behind





The Great Divide is a series about inequality.




Here’s a fact that may not surprise you: the children of the rich perform better in school, on average, than children from middle-class or poor families. Students growing up in richer families have better grades and higher standardized test scores, on average, than poorer students; they also have higher rates of participation in extracurricular activities and school leadership positions, higher graduation rates and higher rates of college enrollment and completion.


Whether you think it deeply unjust, lamentable but inevitable, or obvious and unproblematic, this is hardly news. It is true in most societies and has been true in the United States for at least as long as we have thought to ask the question and had sufficient data to verify the answer.


What is news is that in the United States over the last few decades these differences in educational success between high- and lower-income students have grown substantially.


One way to see this is to look at the scores of rich and poor students on standardized math and reading tests over the last 50 years. When I did this using information from a dozen large national studies conducted between 1960 and 2010, I found that the rich-poor gap in test scores is about 40 percent larger now than it was 30 years ago.


To make this trend concrete, consider two children, one from a family with income of $ 165,000 and one from a family with income of $ 15,000. These incomes are at the 90th and 10th percentiles of the income distribution nationally, meaning that 10 percent of children today grow up in families with incomes below $ 15,000 and 10 percent grow up in families with incomes above $ 165,000.


In the 1980s, on an 800-point SAT-type test scale, the average difference in test scores between two such children would have been about 90 points; today it is 125 points. This is almost twice as large as the 70-point test score gap between white and black children. Family income is now a better predictor of children’s success in school than race.


The same pattern is evident in other, more tangible, measures of educational success, like college completion. In a study similar to mine, Martha J. Bailey and Susan M. Dynarski, economists at the University of Michigan, found that the proportion of students from upper-income families who earn a bachelor’s degree has increased by 18 percentage points over a 20-year period, while the completion rate of poor students has grown by only 4 points.


In a more recent study, my graduate students and I found that 15 percent of high-income students from the high school class of 2004 enrolled in a highly selective college or university, while fewer than 5 percent of middle-income and 2 percent of low-income students did.


These widening disparities are not confined to academic outcomes: new research by the Harvard political scientist Robert D. Putnam and his colleagues shows that the rich-poor gaps in student participation in sports, extracurricular activities, volunteer work and church attendance have grown sharply as well.


In San Francisco this week, more than 14,000 educators and education scholars have gathered for the annual meeting of the American Educational Research Association. The theme this year is familiar: Can schools provide children a way out of poverty?


We are still talking about this despite decades of clucking about the crisis in American education and wave after wave of school reform.Whatever we’ve been doing in our schools, it hasn’t reduced educational inequality between children from upper- and lower-income families.


Part of knowing what we should do about this is understanding how and why these educational disparities are growing. For the past few years, alongside other scholars, I have been digging into historical data to understand just that. The results of this research don’t always match received wisdom or playground folklore.


The most potent development over the past three decades is that the test scores of children from high-income families have increased very rapidly. Before 1980, affluent students had little advantage over middle-class students in academic performance; most of the socioeconomic disparity in academics was between the middle class and the poor. But the rich now outperform the middle class by as much as the middle class outperform the poor. Just as the incomes of the affluent have grown much more rapidly than those of the middle class over the last few decades, so, too, have most of the gains in educational success accrued to the children of the rich.


Before we can figure out what’s happening here, let’s dispel a few myths.


The income gap in academic achievement is not growing because the test scores of poor students are dropping or because our schools are in decline. In fact, average test scores on the National Assessment of Educational Progress, the so-called Nation’s Report Card, have been rising — substantially in math and very slowly in reading — since the 1970s. The average 9-year-old today has math skills equal to those her parents had at age 11, a two-year improvement in a single generation. The gains are not as large in reading and they are not as large for older students, but there is no evidence that average test scores have declined over the last three decades for any age or economic group.


The widening income disparity in academic achievement is not a result of widening racial gaps in achievement, either. The achievement gaps between blacks and whites, and Hispanic and non-Hispanic whites have been narrowing slowly over the last two decades, trends that actually keep the yawning gap between higher- and lower-income students from getting even wider. If we look at the test scores of white students only, we find the same growing gap between high- and low-income children as we see in the population as a whole.


It may seem counterintuitive, but schools don’t seem to produce much of the disparity in test scores between high- and low-income students. We know this because children from rich and poor families score very differently on school readiness tests when they enter kindergarten, and this gap grows by less than 10 percent between kindergarten and high school. There is some evidence that achievement gaps between high- and low-income students actually narrow during the nine-month school year, but they widen again in the summer months.


That isn’t to say that there aren’t important differences in quality between schools serving low- and high-income students — there certainly are — but they appear to do less to reinforce the trends than conventional wisdom would have us believe.


If not the usual suspects, what’s going on? It boils down to this: The academic gap is widening because rich students are increasingly entering kindergarten much better prepared to succeed in school than middle-class students. This difference in preparation persists through elementary and high school.


My research suggests that one part of the explanation for this is rising income inequality. As you may have heard, the incomes of the rich have grown faster over the last 30 years than the incomes of the middle class and the poor. Money helps families provide cognitively stimulating experiences for their young children because it provides more stable home environments, more time for parents to read to their children, access to higher-quality child care and preschool and — in places like New York City, where 4-year-old children take tests to determine entry into gifted and talented programs — access to preschool test preparation tutors or the time to serve as tutors themselves.


But rising income inequality explains, at best, half of the increase in the rich-poor academic achievement gap. It’s not just that the rich have more money than they used to, it’s that they are using it differently. This is where things get really interesting.


High-income families are increasingly focusing their resources — their money, time and knowledge of what it takes to be successful in school — on their children’s cognitive development and educational success. They are doing this because educational success is much more important than it used to be, even for the rich.


With a college degree insufficient to ensure a high-income job, or even a job as a barista, parents are now investing more time and money in their children’s cognitive development from the earliest ages. It may seem self-evident that parents with more resources are able to invest more — more of both money and of what Mr. Putnam calls “‘Goodnight Moon’ time” — in their children’s development. But even though middle-class and poor families are also increasing the time and money they invest in their children, they are not doing so as quickly or as deeply as the rich.


The economists Richard J. Murnane and Greg J. Duncan report that from 1972 to 2006 high-income families increased the amount they spent on enrichment activities for their children by 150 percent, while the spending of low-income families grew by 57 percent over the same time period. Likewise, the amount of time parents spend with their children has grown twice as fast since 1975 among college-educated parents as it has among less-educated parents. The economists Garey Ramey and Valerie A. Ramey of the University of California, San Diego, call this escalation of early childhood investment “the rug rat race,” a phrase that nicely captures the growing perception that early childhood experiences are central to winning a lifelong educational and economic competition.


It’s not clear what we should do about all this. Partly that’s because much of our public conversation about education is focused on the wrong culprits: we blame failing schools and the behavior of the poor for trends that are really the result of deepening income inequality and the behavior of the rich.


We’re also slow to understand what’s happening, I think, because the nature of the problem — a growing educational gap between the rich and the middle class — is unfamiliar. After all, for much of the last 50 years our national conversation about educational inequality has focused almost exclusively on strategies for reducing inequalities between the educational successes of the poor and the middle class, and it has relied on programs aimed at the poor, like Head Start and Title I.


We’ve barely given a thought to what the rich were doing. With the exception of our continuing discussion about whether the rising costs of higher education are pricing the middle class out of college, we don’t have much practice talking about what economists call “upper-tail inequality” in education, much less success at reducing it.


Meanwhile, not only are the children of the rich doing better in school than even the children of the middle class, but the changing economy means that school success is increasingly necessary to future economic success, a worrisome mutual reinforcement of trends that is making our society more socially and economically immobile.


We need to start talking about this. Strangely, the rapid growth in the rich-poor educational gap provides a ray of hope: if the relationship between family income and educational success can change this rapidly, then it is not an immutable, inevitable pattern. What changed once can change again. Policy choices matter more than we have recently been taught to think.


So how can we move toward a society in which educational success is not so strongly linked to family background? Maybe we should take a lesson from the rich and invest much more heavily as a society in our children’s educational opportunities from the day they are born. Investments in early-childhood education pay very high societal dividends. That means investing in developing high-quality child care and preschool that is available to poor and middle-class children. It also means recruiting and training a cadre of skilled preschool teachers and child care providers. These are not new ideas, but we have to stop talking about how expensive and difficult they are to implement and just get on with it.


But we need to do much more than expand and improve preschool and child care. There is a lot of discussion these days about investing in teachers and “improving teacher quality,” but improving the quality of our parenting and of our children’s earliest environments may be even more important. Let’s invest in parents so they can better invest in their children.


This means finding ways of helping parents become better teachers themselves. This might include strategies to support working families so that they can read to their children more often.. It also means expanding programs like the Nurse-Family Partnership that have proved to be effective at helping single parents educate their children; but we also need to pay for research to develop new resources for single parents.


It might also mean greater business and government support for maternity and paternity leave and day care so that the middle class and the poor can get some of the educational benefits that the early academic intervention of the rich provides their children. Fundamentally, it means rethinking our still-persistent notion that educational problems should be solved by schools alone.


The more we do to ensure that all children have similar cognitively stimulating early childhood experiences, the less we will have to worry about failing schools. This in turn will enable us to let our schools focus on teaching the skills — how to solve complex problems, how to think critically and how to collaborate — essential to a growing economy and a lively democracy.



Sean F. Reardon is a professor of education and sociology at Stanford.


A version of this article appeared in print on 04/28/2013, on page SR1 of the NewYork edition with the headline: No Rich Child Left Behind.



Powered By WizardRSS.com | Full Text RSS Feed | Amazon Plugin WordPress | Android Forums | WordPress Tutorials

Opinionator» The Great Divide

No Rich Child Left Behind

Friday, May 3, 2013

No Rich Child Left Behind





The Great Divide is a series about inequality.




Here’s a fact that may not surprise you: the children of the rich perform better in school, on average, than children from middle-class or poor families. Students growing up in richer families have better grades and higher standardized test scores, on average, than poorer students; they also have higher rates of participation in extracurricular activities and school leadership positions, higher graduation rates and higher rates of college enrollment and completion.


Whether you think it deeply unjust, lamentable but inevitable, or obvious and unproblematic, this is hardly news. It is true in most societies and has been true in the United States for at least as long as we have thought to ask the question and had sufficient data to verify the answer.


What is news is that in the United States over the last few decades these differences in educational success between high- and lower-income students have grown substantially.


One way to see this is to look at the scores of rich and poor students on standardized math and reading tests over the last 50 years. When I did this using information from a dozen large national studies conducted between 1960 and 2010, I found that the rich-poor gap in test scores is about 40 percent larger now than it was 30 years ago.


To make this trend concrete, consider two children, one from a family with income of $ 165,000 and one from a family with income of $ 15,000. These incomes are at the 90th and 10th percentiles of the income distribution nationally, meaning that 10 percent of children today grow up in families with incomes below $ 15,000 and 10 percent grow up in families with incomes above $ 165,000.


In the 1980s, on an 800-point SAT-type test scale, the average difference in test scores between two such children would have been about 90 points; today it is 125 points. This is almost twice as large as the 70-point test score gap between white and black children. Family income is now a better predictor of children’s success in school than race.


The same pattern is evident in other, more tangible, measures of educational success, like college completion. In a study similar to mine, Martha J. Bailey and Susan M. Dynarski, economists at the University of Michigan, found that the proportion of students from upper-income families who earn a bachelor’s degree has increased by 18 percentage points over a 20-year period, while the completion rate of poor students has grown by only 4 points.


In a more recent study, my graduate students and I found that 15 percent of high-income students from the high school class of 2004 enrolled in a highly selective college or university, while fewer than 5 percent of middle-income and 2 percent of low-income students did.


These widening disparities are not confined to academic outcomes: new research by the Harvard political scientist Robert D. Putnam and his colleagues shows that the rich-poor gaps in student participation in sports, extracurricular activities, volunteer work and church attendance have grown sharply as well.


In San Francisco this week, more than 14,000 educators and education scholars have gathered for the annual meeting of the American Educational Research Association. The theme this year is familiar: Can schools provide children a way out of poverty?


We are still talking about this despite decades of clucking about the crisis in American education and wave after wave of school reform.Whatever we’ve been doing in our schools, it hasn’t reduced educational inequality between children from upper- and lower-income families.


Part of knowing what we should do about this is understanding how and why these educational disparities are growing. For the past few years, alongside other scholars, I have been digging into historical data to understand just that. The results of this research don’t always match received wisdom or playground folklore.


The most potent development over the past three decades is that the test scores of children from high-income families have increased very rapidly. Before 1980, affluent students had little advantage over middle-class students in academic performance; most of the socioeconomic disparity in academics was between the middle class and the poor. But the rich now outperform the middle class by as much as the middle class outperform the poor. Just as the incomes of the affluent have grown much more rapidly than those of the middle class over the last few decades, so, too, have most of the gains in educational success accrued to the children of the rich.


Before we can figure out what’s happening here, let’s dispel a few myths.


The income gap in academic achievement is not growing because the test scores of poor students are dropping or because our schools are in decline. In fact, average test scores on the National Assessment of Educational Progress, the so-called Nation’s Report Card, have been rising — substantially in math and very slowly in reading — since the 1970s. The average 9-year-old today has math skills equal to those her parents had at age 11, a two-year improvement in a single generation. The gains are not as large in reading and they are not as large for older students, but there is no evidence that average test scores have declined over the last three decades for any age or economic group.


The widening income disparity in academic achievement is not a result of widening racial gaps in achievement, either. The achievement gaps between blacks and whites, and Hispanic and non-Hispanic whites have been narrowing slowly over the last two decades, trends that actually keep the yawning gap between higher- and lower-income students from getting even wider. If we look at the test scores of white students only, we find the same growing gap between high- and low-income children as we see in the population as a whole.


It may seem counterintuitive, but schools don’t seem to produce much of the disparity in test scores between high- and low-income students. We know this because children from rich and poor families score very differently on school readiness tests when they enter kindergarten, and this gap grows by less than 10 percent between kindergarten and high school. There is some evidence that achievement gaps between high- and low-income students actually narrow during the nine-month school year, but they widen again in the summer months.


That isn’t to say that there aren’t important differences in quality between schools serving low- and high-income students — there certainly are — but they appear to do less to reinforce the trends than conventional wisdom would have us believe.


If not the usual suspects, what’s going on? It boils down to this: The academic gap is widening because rich students are increasingly entering kindergarten much better prepared to succeed in school than middle-class students. This difference in preparation persists through elementary and high school.


My research suggests that one part of the explanation for this is rising income inequality. As you may have heard, the incomes of the rich have grown faster over the last 30 years than the incomes of the middle class and the poor. Money helps families provide cognitively stimulating experiences for their young children because it provides more stable home environments, more time for parents to read to their children, access to higher-quality child care and preschool and — in places like New York City, where 4-year-old children take tests to determine entry into gifted and talented programs — access to preschool test preparation tutors or the time to serve as tutors themselves.


But rising income inequality explains, at best, half of the increase in the rich-poor academic achievement gap. It’s not just that the rich have more money than they used to, it’s that they are using it differently. This is where things get really interesting.


High-income families are increasingly focusing their resources — their money, time and knowledge of what it takes to be successful in school — on their children’s cognitive development and educational success. They are doing this because educational success is much more important than it used to be, even for the rich.


With a college degree insufficient to ensure a high-income job, or even a job as a barista, parents are now investing more time and money in their children’s cognitive development from the earliest ages. It may seem self-evident that parents with more resources are able to invest more — more of both money and of what Mr. Putnam calls “‘Goodnight Moon’ time” — in their children’s development. But even though middle-class and poor families are also increasing the time and money they invest in their children, they are not doing so as quickly or as deeply as the rich.


The economists Richard J. Murnane and Greg J. Duncan report that from 1972 to 2006 high-income families increased the amount they spent on enrichment activities for their children by 150 percent, while the spending of low-income families grew by 57 percent over the same time period. Likewise, the amount of time parents spend with their children has grown twice as fast since 1975 among college-educated parents as it has among less-educated parents. The economists Garey Ramey and Valerie A. Ramey of the University of California, San Diego, call this escalation of early childhood investment “the rug rat race,” a phrase that nicely captures the growing perception that early childhood experiences are central to winning a lifelong educational and economic competition.


It’s not clear what we should do about all this. Partly that’s because much of our public conversation about education is focused on the wrong culprits: we blame failing schools and the behavior of the poor for trends that are really the result of deepening income inequality and the behavior of the rich.


We’re also slow to understand what’s happening, I think, because the nature of the problem — a growing educational gap between the rich and the middle class — is unfamiliar. After all, for much of the last 50 years our national conversation about educational inequality has focused almost exclusively on strategies for reducing inequalities between the educational successes of the poor and the middle class, and it has relied on programs aimed at the poor, like Head Start and Title I.


We’ve barely given a thought to what the rich were doing. With the exception of our continuing discussion about whether the rising costs of higher education are pricing the middle class out of college, we don’t have much practice talking about what economists call “upper-tail inequality” in education, much less success at reducing it.


Meanwhile, not only are the children of the rich doing better in school than even the children of the middle class, but the changing economy means that school success is increasingly necessary to future economic success, a worrisome mutual reinforcement of trends that is making our society more socially and economically immobile.


We need to start talking about this. Strangely, the rapid growth in the rich-poor educational gap provides a ray of hope: if the relationship between family income and educational success can change this rapidly, then it is not an immutable, inevitable pattern. What changed once can change again. Policy choices matter more than we have recently been taught to think.


So how can we move toward a society in which educational success is not so strongly linked to family background? Maybe we should take a lesson from the rich and invest much more heavily as a society in our children’s educational opportunities from the day they are born. Investments in early-childhood education pay very high societal dividends. That means investing in developing high-quality child care and preschool that is available to poor and middle-class children. It also means recruiting and training a cadre of skilled preschool teachers and child care providers. These are not new ideas, but we have to stop talking about how expensive and difficult they are to implement and just get on with it.


But we need to do much more than expand and improve preschool and child care. There is a lot of discussion these days about investing in teachers and “improving teacher quality,” but improving the quality of our parenting and of our children’s earliest environments may be even more important. Let’s invest in parents so they can better invest in their children.


This means finding ways of helping parents become better teachers themselves. This might include strategies to support working families so that they can read to their children more often.. It also means expanding programs like the Nurse-Family Partnership that have proved to be effective at helping single parents educate their children; but we also need to pay for research to develop new resources for single parents.


It might also mean greater business and government support for maternity and paternity leave and day care so that the middle class and the poor can get some of the educational benefits that the early academic intervention of the rich provides their children. Fundamentally, it means rethinking our still-persistent notion that educational problems should be solved by schools alone.


The more we do to ensure that all children have similar cognitively stimulating early childhood experiences, the less we will have to worry about failing schools. This in turn will enable us to let our schools focus on teaching the skills — how to solve complex problems, how to think critically and how to collaborate — essential to a growing economy and a lively democracy.



Sean F. Reardon is a professor of education and sociology at Stanford.


A version of this article appeared in print on 04/28/2013, on page SR1 of the NewYork edition with the headline: No Rich Child Left Behind.



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Opinionator» The Great Divide

No Rich Child Left Behind