[quote]The wealth gap between older and younger Asians is an anomaly, said Haskin. Wealth normally functions the other way around—the older population have higher levels of wealth, for various reasons. Among Asians, however, it is the younger population who are wealthier.[/quote]
It’s only an anomaly if you compare it to other culture. It’s not an anomaly if you understand the Asian culture. It would be an anomaly the other way around. I know many first gen immigrants who came here w/ nothing, worked hard, save as much as they could, and pay for their kids college tuition. So, today, their kids are wealthier than they are, because instead of thinking about “me” and save for “me” first, they plow every dollar they have to ensure their kids will be successful. That’s the Asian culture. Part of the Asian culture is also, once the kids are successful, they will repay their parents and help take care of them when they’re old because they know that they wouldn’t be where they are today if their parents didn’t sacrifice everything for them.[/quote]
This is also why for some Asian folks, it’s also hard to understand some of the white upbringing and culture…since they don’t see it and don’t know how hard it is for some folks having to go it alone.
I know my white roommate in college had to pay all his own way, he pretty much was kicked out at 18 and had to go it alone with tuition, spending money, jobs, housing, etc…hard to feel grateful and helpful to others and they will have a much harder time to succeed when the Asian guy has family help (pretty much EVERYONE I knew) in the bay area had family help to buy their home…Not having to pay off loans, housing downpayment, get free rental properties (have some in the family with this), makes all the financial aspects of life far easier.
Asians succeed because their whole family network/structure and support system is far better than most other people.
You have Asians who may live a few families in a house so they can all save money and eventually all buy a place. Siblings covering each other and watching each other’s kids, etc…
A lot of the lower income folks come from broken homes with no dad or mom, drugs, tons of kids…etc…it’s their own fault and
As for the wall and Trump, I don’t think I support it at all since I don’t think it’ll work or will be paid for by Mexico. I’m more for cutting benefits to illegals and cutting all benefits since it shouldn’t be everyone elses responsibility to pay for them if a lot of people here aren’t even doing that well.
I should also read up on how every other country with top rated healthcare does it since I don’t think this whole Trump and insurance competing will work. If you wanted to be profitable, most insurance companies will just dump all women and pregnant folks.
I assume the healthcare industry will be destroyed
actually in it’s current form if we do what other countries do since a lot of research is probably done in the US and other countries benefit for it (and have laws to prevent gouging) which we don’t have here. I would like to see some go under personally (Blue Cross/Shield)…
