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Poor people spend 9% of income on lottery tickets
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03-31-2012, 06:03 AM
Buff
GFY Assassin
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Join Date: May 2003
Posts: 2,993
The vast majority of the poor in the United States are poor because they have high time preferences (
http://en.wikipedia.org/wiki/Time_preference
) and low IQs.
Buff
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