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Thread: Most of America’s rich think the poor have it easy

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Grant View Post
    Are you arguing for more charity or for more government distribution of other people's money?
    Both methods work: compulsory usually has better results than non compulsory for balancing things.
    "The side that stays within its fortifications is beaten." ~Napoleon

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by SouthernDemocrat View Post
    Well its also contingent on having the personal talents and abilities to improve your life. I think for some people who are rich poverty is an abstract concept for them. They simply have no concept at all for what it is like to be poor. Its like asking a typical westerner what it would be like to live in sub-Saharan Africa on a dollar a day. We know people live like that there, but we really don't know what it would actually be like and thus its easy for us to pass judgement on those that live in that kind of abject poverty. The same is true for many rich people when they consider the working poor. They know such people exist, but have no concept at all what its like to have to live paycheck to paycheck.
    You can see poverty to the south in Mexico and wealth to the north in Canada and we can ask ourselves why this is so. Why such poverty in Tijuana and such wealth in San Diego? We know that many Mexicans work very hard, as do many Latin Americans, but they usually stay mired in the same conditions in which they were born. Corruption is a factor, as is culture and the laws. Were more countries to adopt the US Constitution with the Bill of Rights, and laws to protect free enterprise, they may do a lot better in this world. But it's doubtful that even the American people would pass these two acts today.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Unrepresented View Post
    Both methods work: compulsory usually has better results than non compulsory for balancing things.
    Compulsory charity? There really is no such thing.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by SouthernDemocrat View Post
    Well its also contingent on having the personal talents and abilities to improve your life. I think for some people who are rich poverty is an abstract concept for them. They simply have no concept at all for what it is like to be poor. Its like asking a typical westerner what it would be like to live in sub-Saharan Africa on a dollar a day. We know people live like that there, but we really don't know what it would actually be like and thus its easy for us to pass judgement on those that live in that kind of abject poverty. The same is true for many rich people when they consider the working poor. They know such people exist, but have no concept at all what its like to have to live paycheck to paycheck.
    There's probably stats to cover this situation but it seems to me that many who were raised in poor families have managed to work their way up in the world if they educate themselves and work hard. Instead of sports or celebrities learn about investments in real estate, stocks, metals, and so on. Figure out what people need and give it to them. There's always room for another entrepreneur who is willing to give someone the best value for their dollar.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Grant View Post
    There's probably stats to cover this situation but it seems to me that many who were raised in poor families have managed to work their way up in the world if they educate themselves and work hard. Instead of sports or celebrities learn about investments in real estate, stocks, metals, and so on. Figure out what people need and give it to them. There's always room for another entrepreneur who is willing to give someone the best value for their dollar.
    I worked from age 15 on. Worked 2 jobs when I was young until I went into IT. Frankly though, I am a pretty smart guy and I have an aptitude for IT. When you are poor you not only have to be smart and have a good work ethic to succeed, you have to be smarter and work harder than those that had everything handed to them in life. Climbing out of poverty isn't possible for everyone these days. Most good careers these days require you to be pretty smart and not everyone is cut out for IT, engineering, or good paying medical fields.
    "You're the only person that decides how far you'll go and what you're capable of." - Ben Saunders (Explorer and Endurance Athlete)

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Grant View Post
    There's probably stats to cover this situation but it seems to me that many who were raised in poor families have managed to work their way up in the world if they educate themselves and work hard. Instead of sports or celebrities learn about investments in real estate, stocks, metals, and so on. Figure out what people need and give it to them. There's always room for another entrepreneur who is willing to give someone the best value for their dollar.
    There have been lots of studies on this. The basics are that most poor people will always be poor and most rich people will never be worse than middle class. It is often referred to as "stickiness" at the ends of the spectrum. Interesting though, most of the wealthy family wealth dissipates quickly over a few generations.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by SouthernDemocrat View Post
    I worked from age 15 on. Worked 2 jobs when I was young until I went into IT. Frankly though, I am a pretty smart guy and I have an aptitude for IT. When you are poor you not only have to be smart and have a good work ethic to succeed, you have to be smarter and work harder than those that had everything handed to them in life. Climbing out of poverty isn't possible for everyone these days. Most good careers these days require you to be pretty smart and not everyone is cut out for IT, engineering, or good paying medical fields.
    I've had many of jobs but never a career. I'm an entrepreneur and only mildly successful BUT I am my own boss. There are always opportunities for entrepreneurs and if i wasn't so damn lazy, or needed the money, I'd be out there right now giving it a go. And I've discovered that there are many people are always willing to help those who want to get ahead in this world.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Declan View Post
    There have been lots of studies on this. The basics are that most poor people will always be poor and most rich people will never be worse than middle class. It is often referred to as "stickiness" at the ends of the spectrum. Interesting though, most of the wealthy family wealth dissipates quickly over a few generations.
    Perhaps that's true for the very poor but it's not that difficult for the lower middle to rise to the upper middle, or beyond. That's the story for many of us. And I would have once been quite happy to rise to middle class, as would have many others. Not such a bad place to be at all.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Grant View Post
    Perhaps that's true for the very poor but it's not that difficult for the lower middle to rise to the upper middle, or beyond. That's the story for many of us. And I would have once been quite happy to rise to middle class, as would have many others. Not such a bad place to be at all.
    It is all relative in the end. Where I live the cost of living is lower, so someone making $25K a year will live comparable to someone making $40K elsewhere. The only difference is that the iPhone purchase has a greater opportunity cost for the $25K worker than it will for the $40K worker.

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    Re: Most of America’s rich think the poor have it easy

    Quote Originally Posted by Grant View Post
    Compulsory charity? There really is no such thing.
    It's a stretch on the definitions for the giver, admittedly, but the outcome is the same, if not better, for the recipient.

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