http://www.chicagotribune.com/news/sns-wp-blm-news-bc-asian-americans-comment02-20150302-story.html
How much of this is due to Tiger Parenting?
@GiuocoPiano That’s exactly what I was thinking!
The article is interesting, however I’m getting tired with the racial/ethnic stereotyping. (I’m referring to the deleted “tiger parenting” comment.) I wish people would see how counter-productive it is.
I wonder how it would look if the study controlled for generation number since immigration.
Would it have killed the authors to note the skewed wealth figures in part due to the influx of super-educated immigrants who’ve achieved perm residency or citizenship in the last 15 years?
People have this icon of some super driven, super achieving Chinese or Indian family in their minds – b/c they may know people like that. But for each family like this, they don’t know the 500,000 other Chinese or Indian families who NEVER had a chance to become educated in a field where they could obtain a valued US-based job and its visa.
I did not read the article. But I speculate that at least in recent years, the richest families from major cites/areas in Asia likely immigrate to other country. The poor or “mere average” ones are left behind.
If the richest families or the younger generations of the richest families from US immigrate to another country, they could have a better odds to stay rich or become even richer in that new country also.
I know some young Asian Americans came here and bought an almost half a million dollar house/condo in California one year or so after graduated from a college or graduate school. Where do you think their down payment come from?! Bank of Mom or Dad of course. Not “particular rich” one (who is single) could rent out a part of the house/condo for extra income while earning some income from work, They could get richer more easily than others who still need to rent an apartment.
I once read from somewhere that, in recent years, whenever a person from a certain country immigrates to US, the average amount of wealth he/she brought in from overseas is quite significant in his/her life time. It is not like those coolies who built our railroads; in those years, they earned money and sent what they earned back to their families back in their home country (their spouses unlikely came here with them, at least unable to for many years.)
When I immigrated here more than a generation ago, we bought our first new car in 5 years. Some one I happen to know recently came here as a grad school student. He/she bought a new car in 6 months while still a student and his/her car is more expensive than any car I have ever bought in my whole life. I would not be surprised if he/she will buy a house/condo in an expensive area as soon as he/she graduates and finds a job. The “starting point” is very different.
Immigrants self select for high motivation to move to a new country.
The immigration system applies additional selection for graduate students and skilled workers.
It should not be a surprise that such immigrants and their kids are more likely to succeed (whether you believe nature or nurture).
@GiuocoPiano
Hmmm, I didn’t realize that “tiger parenting” included instilling financial management techniques such as saving and diversified investing while keeping debt low. If hard long hours of work and attempts to increase one’s education result in increase in wealth (which is still below whites, BTW) and increases in income, then why would you criticize that, and what does it have to do with “tiger parenting” anyway? I live in an area with a ton of Asians, and many of them work at jobs making minimum wage and work well over 8 hours a day, 7 days a week.
we should also look at the giving rates If you are black and make a good living you might have a lot more relatives and friends to help out than other races. So dont be so quick to criticize blacks and hispanics for their financial management when a large part of it may be do their helping of others who are less fortunate
My post was in response to @guiocopiano post that Asian’s increase in wealth was due to “tiger parenting.”
I feel sorry for the Southeast Asian students (Gran Torino) who get lumped into the same category as the tiger-parented subgroups.
@GMTplus7 Do you ever feel sorry for blacks or hispanics?
@florida26, unless u know differently, colleges don’t recognize blacks and hispanics as asian race.
@GMTplus7 You didnt answer the question
I feel sorry for ALL lower socio-economic status kids, regardless of race.
Yep, this is why it’s stupid to just lump all people by race. There are affluent African Americans (trust me, my kids go to school with them) as well as poor Asian Americans (and believe or not, there are Asians who are NOT good at math!). No one really thinks of whites as a monolithic group. Why on earth would you think of blacks or Asians as a group sharing one trait amongst them all.
Am I the only one who sees no post by @GiuocoPiano and that the #1 post is actually by the OP replying to a post that isn’t there? I have had posts missing on other threads, but no one has actually responded to them. (I have only known that they were supposedly there b/c they have shown up in my notifications.)
@florida26 You seem pre-occupied with discrimination against blacks and hispanics. I don’t believe that trying to understand the ramifications of Asian-American stereotypes (ie. tiger parenting, robots, wealthy immigrants) precludes one from also empathizing with the discrimination faced by other minorities. I think people are trying to stay on topic.
@SlackerMomMD Thumbs up on your post!
@Mom2aphysicsgeek I don’t see the post now, but I saw one there earlier.
Look at immigration statistics and the history of the US. It is much easier for less educated Hispanics to swell those ranks than for those who need to come from Asia. Likewise Blacks have the history of slavery and discrimination that influences opportunities even today. Also- look at the immigration quota system that has severely limited Asians. We would see far more less educated Asians (and illegals) if it were as cheap and easy to get here.