In response to:

America Won't Get Rich by Relying on the Permanent Poor

Ray from Bloombergia Wrote: Apr 18, 2012 12:18 PM
Those day laborers came from a culture (presumably Mexican) which discouraged individual initiative and responsibility. I know a lady who ran a textiles development firm with employees from Honduras, Guatemala, Nicaragua and Ecuador. They were not only creative designers of fabrics but highly motivated. Ray from Bloombergia NRA Life

America is a land of class mobility. That's what makes America a magnet destination for people all over the world: Come to America and make something of yourself. If you want great welfare benefits, try to bust into Europe; if you want to work for a living and get rich, come to the United States.

But for some Americans, there is no class mobility. There is a permanent economic underclass, and those who inhabit it have no ability to rise above their fiscal fate.

There is a reason for that: They make bad decisions.

Take, for example,...