There’s a Your Money column in yesterday’s NY Times in which Ron Lieber writes about how some parents help their children financially and some parents don't. And he references the very important essay by the Canadian journalist, which I previously blogged about.
Steve Sailer sarcastically writes “Breaking News.” But his take is wrong. The fact that some parents help their children and some don’t, and the extent to which that help matters, is a very hidden part of our economy. People who receive help from their parents don’t talk about it. People who complain about not getting help are considered whiners and losers. In a sidebar blog post, Lieber writes:
So if you’re someone who has made it with no help at all, do you make a point of saying so to job interviewers and others? And if you’ve had plenty of help along the way, do you think you deserve less credit for accomplishing whatever it is you have achieved?
I’ve never heard of a single person who publicly takes less credit because he or she received parental help. And I can’t imagine how you could possibly put on your resume that your parents are poor and stupid and gave you no help when you were younger, and have that in any way increase your chances of getting a job.
But I’m happy to see that this topic is finally coming out of the closet into the mainstream media.