http://ideas.time.com/2012/09/07/the-myth-of-bootstrapping/
Michelle Obama spoke about how the lives of both her father and President Obama’s grandmother showed that even if one starts out with little money, hard work and effort can lead to better lives for the next generation. Republican Senator Marco Rubio shared the details of his family’s immigration to the United States from Cuba and Democrat Elizabeth Warren talked about her rise from poverty and hardship to a professorship at Harvard Law School. They all either bootstrapped themselves up the economic ladder or benefitted from the bootstrapping of their parents and grandparents.
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