Quote:
Originally Posted by EscortBiz
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Alot of huge assumptions in that theory.
Like assuming that the guy with no college will be able to stay employed, consistently, from age 18-65.
Considering we average a recession once a decade and that group is the one hardest hit, not likely. Considering job prospects for that group will continue to deteriorate over time, these numbers holding up is even less likely.
We're also dealing with some fuzzy math vis a vis savings. In this hypothetical, the high school guy starts saving 5% of his pay at age 18. The college guy doesn't start saving until he's 34. That's 16 years of extra savings, so no shit the guy who started 16 years earlier is ahead.
Not a very fair or realistic comparison. As is usual with an op-ed, this guy already had his mind made up and then "found" numbers that supported his theory.
Nice try though.
