Posted by Vitamin_C on 8/20/2018 8:44:00 PM (view original):
Posted by tangplay on 8/20/2018 4:54:00 PM (view original):
Posted by cccp1014 on 8/20/2018 12:09:00 PM (view original):
Bernie said that it was "unfair" that the 1% hold 90% of the wealth. Please tell me what is so "unfair" about it? They earned it. They didn't steal it from the other 99%? What we have now is fine but Sanders wants to tax them even more. And bad luck, STFU. You and your 99% tax is insanity. This is an A (me) to B(tang) conversation. C yourself out.
Loser.
Because poverty is generational and some of the rich inherit some money. In an equal world, no one would benefit or suffer from their parents endeavors.
Also, not every rich person earned their money and not every poor person is terrible with money.
Just wondering the thought process here.
Do you believe that if you work your *** off and manage to accumulate some wealth that you shouldn't be able to help your children by giving them a leg up with the wealth you've accumulated?
The fact is the majority (not all) of the poor are indeed poor because of poor decision making. That's why if you look at the numbers, most folks who win at least 1M in the lottery are worse off financially now then they were before they won.
If you stripped everyone of their personal assets and evenly distributed it to everyone, in a only a few generations (maybe less) we would have the same results as we have now. The shrewd folks will start accumulating more and those who continue to mismanage their assets will be in poverty.
Do you believe that if you work your *** off and manage to accumulate some wealth that you shouldn't be able to help your children by giving them a leg up with the wealth you've accumulated?
I never said that.
The fact is the majority (not all) of the poor are indeed poor because of poor decision making. That's why if you look at the numbers, most folks who win at least 1M in the lottery are worse off financially now then they were before they won.
This is a half truth. Yes, some are poor due to bad decision making. Again generational poverty is a thing. If your parents are poor, it is likely that you will be poor as well. There are many reasons for this. The lottery example is a bit misleading as there are tons of very obvious factors that go into that phenomenon. Rich people don't get a million dollars one day after having nothing the previous day. It is slow for rich people, giving them time to adapt. Also, family and friends want to mooch off of your newfound money, most of whom are likely to be poor. My dad says that poor people are in 'survival mode'. How can I make it through the day? To break into the middle class, you need to get out of survival mode and plan for the future. That's hard to do when you can't feed your kids. Hard. Not impossible.
If you stripped everyone of their personal assets and evenly distributed it to everyone, in a only a few generations (maybe less) we would have the same results as we have now. The shrewd folks will start accumulating more and those who continue to mismanage their assets will be in poverty.
1. I don't believe in income redistribution. I am not a socialist. 2. We currently do not have equal opportunity in this country. If we did, the people who were poor would all be those who made bad decisions. However, we don't. This is a fact.