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I think you'll find, with just a little investigation, that many of the poor are paying for much more than "essentials". There are common factors which cause people to remain poor all their lives and they have nothing to do with others being rich.
It has to do with policies.
No, the point was that those who become wealthy tend to spend their more wisely and invest more wisely. They know that money is a tool.
Sorry, the notion that poor people can be rich too, if they just wisely spend their pennies, is ludicrous. The U.S. not only has more income inequality than other advanced countries but also has lower mobility.
The poor have less access to quality schools. They have less access to college education and fewer job opportunities. To say that all they have to do is spend wisely like wealthy people is false on inspection.
The rich have more disposable income, so they don't have to spend it all -- that's why the p% of income consumed is lower.
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