SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (312101)11/24/2006 2:50:13 PM
From: longnshort  Read Replies (3) | Respond to of 1573954
 
Link ???? you always need a link to think for yourself?? what link will you accept?? one from ann Coulter? einstein? walt Williams??? Sister soulja ?



To: combjelly who wrote (312101)11/24/2006 3:24:00 PM
From: longnshort  Read Replies (2) | Respond to of 1573954
 
May 16, 2005

Wish I'd said that!
Rules to avoid poverty

Ministers Louis Farrakhan, Jesse Jackson, Al Sharpton, Washington, D.C.'s Mayor Anthony Williams and others recently met to discuss plans to celebrate the 10th anniversary of the October 1995 Million Man March. Whilst reading about the plans, I thought of an excellent topic for the event: how not to be poor.

Avoiding long-term poverty is not rocket science. First, graduate from high school. Second, get married before you have children, and stay married. Third, work at any kind of job, even one that starts out paying the minimum wage. And, finally, avoid engaging in criminal behavior. If you graduate from high school today with a B or C average, in most places in our country there's a low-cost or financially assisted post-high-school education program available to increase your skills.

Most jobs start with wages higher than the minimum wage, which is currently $5.15. A man and his wife, even earning the minimum wage, would earn $21,000 annually. According to the Bureau of Census, in 2003, the poverty threshold for one person was $9,393, for a two-person household it was $12,015, and for a family of four it was $18,810. Taking a minimum-wage job is no great shakes, but it produces an income higher than the Bureau of Census' poverty threshold. Plus, having a job in the first place increases one's prospects for a better job.

The civil rights struggle is over, and it has been won. At one time, black Americans did not have the same constitutional protections as whites. Now, we do. Because the civil rights struggle is over and won is not the same as saying that there are not major problems for a large segment of the black community. What it does say is that they're not civil rights problems, and to act as if they are leads to a serious misallocation of resources.

(?Creators Syndicate)

-- Walter Williams, syndicated columnist and Professor of Economics at George Mason University, Fairfax, VA. He is author of The State Against Blacks, (McGraw-Hill), and several anthologies of his syndicated columns, which include: Do The Right Thing: The People's Economist Speaks (Hoover), All It Takes Is Guts: A Minority View (Regnery), and More Liberty Means Less Government: Our Founders Knew This Well (Hoover).