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‘Lamenting Cycle of Poverty’: So Few Should Not Determine Future of So Many – Joe Issa

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Environmental advocate and philantropist Joe Issa is lamenting the reality of the 80-20 rule of thumb stating it doesn’t have to be so for poverty and inequality as the situation is man-made and therefore, can be improved so that more people can share in the wealth of the nation. Issa was speaking against the background of World Bank figures which show that 80% of the wealth on earth is owned by 20% of its population, following the well known 80:20 rule of thumb which, “a t its core, is a statistical distribution of data that says that 80% of a specific event can be explained by 20% of the total observations,” Investopedia said. Issa, who uses the rule in his business strategies to inform him of where most of the revenue is coming from, said he wished it had no application in poverty and inequality. “Be that as it may, I think the 80:20 distribution is man made and therefore, can be changed if we all play our part,” said Issa, noting that “ global warming can now be added to the m...

Joe Issa Breaking Vicious Circles through Education, Imagination

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Creative thinker Joe Issa has argued that whatever the nominator there’s a denoinator to cancel it out, stating in the case of life’s quagmires education is the most common denominator.   “In life one encounters many no-end situations, vicious circles that seem impervious to solutions. But I don’t think so. I believe whetever quandary one is in, education can solve it, even if gradually and eventually. “ Education is a powerful tool that can get you out of many predicaments – from getting caught in a poverty trap and being rejected by your family and friends, to unending financial difficulties and disputes – the kinds that make you want to give up. “Often times the situation requires a little innovation, so we have to find creative solutions, all of which, though, can be found through education,” Issa postulates, in an interview. A businessman and philantropist, Issa has put his money where his mouth is – educating children – and is notably doing so for those least a...