The rich get richer and the poor get poorer.

Nov 2011
7,164
2,377
#1
There's some truth to that, although the poor getting poorer part is only true in a relative sense with the "income gap" propaganda that's rife on the internet these days. So, yes, there's some truth to that cliche'. And that begs the question "why".

The "why" can be answered with another axiom. "A fool and his money are soon parted". Think MC Hammer and Mike Tyson and some knucklhead that wins a multi-million dollar lottery pot and is bankrupt in no time flat. The secret to not being poor is to learn to not be a fool. The biggest disadvantage the poor have in this country is the lack of role models by which they can learn what it takes to be successful. They're not surrounded by entrepreneurs who consider investment and pursuing new ideas to be a daily part of life. They're not surrounded by people who work long hours and engage in profitable enterprises of their own. They don't make contacts by working at charities or socializing in "the right circles". They're a victim of the ignorance that surrounds them. Today, however, the internet makes that excuse no more than an excuse. People can learn about new ideas and they can learn about ettiquette. They can read articles on "how to become financially successful". They can read "10 habits of successful people". They can learn new skills and new trades. It's possible to simply pursue a hobby to the point where it's profitable. If you pick a hobby that's worthless, you might not fare too well, but I've made a good side living in archery equipment and bladesmithing with online contacts and skills I acquired through research online. I know people that have gotten into coffee roasting, doll clothes, custom brushes, bowmaking, all sorts of things.

What keeps poor people poor is being foolish with their money and foolish with their time and foolish with their energy. If you want to work the least you can to get by, then accept the least you can to get by on. If you want more out of life, then DO more. That's what those vilified 1% did. They sure didn't get wealthy by doing the least they could, punching a time clock and heading for a bar to spend the rest of their time spending the rest of what they earned.
 
Nov 2011
7,164
2,377
#5
You are generalizing. Maybe it's because the middle class is shrinking too. You forgot to mention that. What will the 1% do without the middle class?
I didn't "forget to mention" anything.
The middle class isn't shrinking. That's simply specious argumentation with manipulated statistics. The "middle class", by definition will always be in place regardless of how much the richest make or how poor the poorest are. There will always be the people in the middle. Sure, you can manipulate an argument based on "income inequality" and massaged statistics like the "alternative poverty" standard that boosts the poverty rate 15% over the REAL and OFFICAL standard. But that's not a valid argument. That's emotionally charged prevarication.

What would the rich do without the middle class? Well, frankly, since poor rich and middle class are all only in existence relative to each other, the question is meaningless. It's like asking what the tall people would do without the average sized people.
 
Nov 2011
7,164
2,377
#6
Trouble is people want to assume the Rich all worked hard to get rich while the poor are all lazy.

Reality proves otherwise.
People want to assume that? What people want to assume that? Some people get rich from winning a lottery. Some from inheritance. Some through pure luck. And poor people can work hard and not get ahead, but those are exceptions to the rule. You don't have to be lazy to be foolish and in reality, I think your chances of staying poor are way better if you're hard working and stupid than if you're lazy and smart. At least if you educate yourself, you can make the most out of what little you have of inspiration and ambition. If you're stupid, then you probably won't look for a better job. You won't start your own business and everyone smarter than you will end up with what little money you find yourself in a position to make.

But back to the point... even if some people did assume such a thing... so what? What affect would that assumption have on anything?
 
Jan 2008
897
49
#7
The harm is it isn't true. Few if anyone did anything of significance without help from someone. So, the myths ignore this truth.

Still, what is missing most is what is noted above. What we need most is a strong middle class. We don't really need more rich, and we certainly don't need more poor. We need more good, solid middle class people if for no other reason than to keep the dream at least plausable. The most important class to this country is the middle class. Fail to protect it at our perile.
 
Likes: Babba
Feb 2011
40,024
9,769
happyfunville
#8
I'd like to welcome you aboard, PapaBull. 7 posts in and you've already destroyed the liberal "elite" here. Bravo.
 
Dec 2010
36,825
28,616
Virginia
#9
There's some truth to that, although the poor getting poorer part is only true in a relative sense with the "income gap" propaganda that's rife on the internet these days. So, yes, there's some truth to that cliche'. And that begs the question "why".

The "why" can be answered with another axiom. "A fool and his money are soon parted". Think MC Hammer and Mike Tyson and some knucklhead that wins a multi-million dollar lottery pot and is bankrupt in no time flat. The secret to not being poor is to learn to not be a fool. The biggest disadvantage the poor have in this country is the lack of role models by which they can learn what it takes to be successful. They're not surrounded by entrepreneurs who consider investment and pursuing new ideas to be a daily part of life. They're not surrounded by people who work long hours and engage in profitable enterprises of their own. They don't make contacts by working at charities or socializing in "the right circles". They're a victim of the ignorance that surrounds them. Today, however, the internet makes that excuse no more than an excuse. People can learn about new ideas and they can learn about ettiquette. They can read articles on "how to become financially successful". They can read "10 habits of successful people". They can learn new skills and new trades. It's possible to simply pursue a hobby to the point where it's profitable. If you pick a hobby that's worthless, you might not fare too well, but I've made a good side living in archery equipment and bladesmithing with online contacts and skills I acquired through research online. I know people that have gotten into coffee roasting, doll clothes, custom brushes, bowmaking, all sorts of things.

What keeps poor people poor is being foolish with their money and foolish with their time and foolish with their energy. If you want to work the least you can to get by, then accept the least you can to get by on. If you want more out of life, then DO more. That's what those vilified 1% did. They sure didn't get wealthy by doing the least they could, punching a time clock and heading for a bar to spend the rest of their time spending the rest of what they earned.
What keeps the poor, poor, is the fact that most of their income (if not all of it) is consumed purchasing necessities.

Most contemporary wealth, of the 1%, wasn't obtained through innovation and hard work. It was obtained through a giant rip off of the US taxpayer called "too big to fail."


Next.
 

Sparta

Former Staff
Aug 2006
22,647
13,373
Connecticut
#10
What keeps the poor, poor, is the fact that most of their income (if not all of it) is consumed purchasing necessities.

Most contemporary wealth, of the 1%, wasn't obtained through innovation and hard work. It was obtained through a giant rip off of the US taxpayer called "too big to fail."


Next.
$2.35 per mile to ride a cab here in Connecticut, people working at Pop-eye's better be able to find affordable housing within walking distance.
 

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