Michael Smerconish: If one ambition for your children is to see them join the 1 percent, you might want to reevaluate their career paths. Here are a few pointers: End the search for the summer "internship." Stop obsessing with getting them into an Ivy League institution. Recognize that all roads don't lead down Wall Street. And feel no need to launch their ambitions from a home on the Main Line, or in Beverly Hills or Grosse Pointe. Instead, insist that they get a part-time job while in high school, receive a good education from a state university, and recognize the value of owning a porta-potty company while living in the Midwest.
