A lot of people want to be rich and I am revolted/happy
23 Comments- Get free updates of new posts here
From the New York Times:
According to the Census Bureau’s 2007 Statistical Abstract of the United States, most college freshmen in 1970 said their primary goal was to develop a meaningful life philosophy. In 2005, by contrast, most freshmen said their primary goal was to be comfortably rich.
Well, on one hand that makes me disgusted, but it’s sure good for traffic!!! Ugh.
Related: Why Do You Want to be Rich?
Update: I stand corrected, sort of. Elizabeth writes: “I don’t know if you went back to the actual census statistics (PDF) but this was an unfair comparison by the NYT. Or maybe the NYT just didn’t bother to look at the original data and only took what the census bureau had given them in their press release . If this was the case that was lazy fact-checking by the journalists. We should be considering why there was such a jump in the 70s to 80s and not 70’s til now– as nothing really changed from then until now.
My apologies for not digging into the data myself, but she’s right: It appears there was a huge change from wanting to develop a “meaningful life philosophy” to wanting to be rich from the 70s to the 80s–and it’s remained relatively stagnant since then. Also, this is why I love the people who read iwillteachyoutoberich.
Tonight, I’m hosting the “Ramit’s Shark Tank” event, where I’ll critique real business ideas and show you ...Read More