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There is definitely not a hole in my logic. First off, there aren't enough children of the 1% to make a difference to anyone. Second, "old money" 1% is a far smaller part of the population than the 1% generally. Third, you clearly don't spend a lot of time with a diverse mix of rich people. I do (even though I am not one of them). The "economic 1%", as you term it, are on average far smarter than the average for the rest of the country. Your sense of superiority is misplaced. I'm the last person to argue for "meritocracy" as conceived by certain rich people, but those people are not the ones who are dumbing down your classes.