[ExI] the formerly rich and their larvae

[Damien Sullivan]

On Mon, Feb 11, 2008 at 07:36:34PM -0800, spike wrote:

> Tom you may have hit on something important there.  Most Americans have at
> one time or another in their lives worked at some lousy McJob.  Perhaps
> working crummy minimum wage jobs and working one's way up causes people to
> be thrifty, industrious, motivated and admirably libertarian.  So then,
> poverty really *does* build character.

So we'd expect the US to have a higher personal savings rate than
indolent European socialists who don't have to pay for their education
or health care or retirement, right?

-xx- Damien X-)