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Why are so many Americans poor? Because we allow it, two books argue.


BarryLaverty

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13 hours ago, HearEmaGrowlin said:

The only things that can keep a person poor are bad health (physical and/or mental), desire/drive, and poor decision making, that’s all.

Not everyone is going to be rich, but there’s a big difference between middle class and poor.

Usually, poor personal decisions keep people down. 

Another is a terrible President who can't do anything to stop inflation.  His economic policies have led to many of the Middle Class to become poor and the poor even poorer.  Another thing is taxation that he desires to increase on the American people.  Then in Texas we have counties that are raising property values on homes since they can't raise the property rate.  They are going to be taxing people out of homes and renters will be paying higher rents because of the increased property taxes.  

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13 hours ago, RETIREDFAN1 said:

I usually agree with you, but you are not right on this one......you left out what God said through Solomon in Ecclesiastes.....

 

11 Again I saw that under the sun the race is not to the swift, nor the battle to the strong, nor bread to the wise, nor riches to the intelligent, nor favor to those with knowledge, but time and chance happen to them all.

Exactly farmers can't control the weather.  Workers can't control if a business goes under because of many factors most recently stupid lockdowns by Democrat politicians.  

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1 hour ago, BlahBlah said:

Being poor is a learned behavior 98% of the time.  May have learned it from parents but is still learned.  

 

1 hour ago, RETIREDFAN1 said:

Spoken like an elitist........

Never thought I’d side with Blah over RF1. Been a weird day all day though.

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17 minutes ago, Youngcoach123 said:

Poor people would be less poor without excessive gov spending and corporate funded government employees.

Things beyond their control.......not learned behavior like your new elitist pal blah blah claims........:rofl:

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1 hour ago, RETIREDFAN1 said:

Things beyond their control.......not learned behavior like your new elitist pal blah blah claims........:rofl:

I was raised in a poor family, generational poor on one side. Dads dad was a sharecropper. My father cost me 270k 5 years ago by passing on land he couldn’t afford. Well with in his control to come up with the money by calling his son. Land was sold before I ever knew about it. 
This is the story of how my dad got Mexican neighbors lol

Maybe 2% out there is out there poor because of stuff out of their control but that’s on the high end to me. Blah is correct in his 98% assessment. 

 

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17 minutes ago, Youngcoach123 said:

I was raised in a poor family, generational poor on one side. Dads dad was a sharecropper. My father cost me 270k 5 years ago by passing on land he couldn’t afford. Well witching his control to come up with the money by calling his son. Land was sold before I ever knew about it. 
This is the story of how my dad got Mexican neighbors lol

Maybe 2% out there is out there poor because of stuff out of their control but that’s on the high end to me. Blah is correct in his 98% assessment. 

 

I'm going with 40% my side until someone shows some data.........

 

 

 

 

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Over the last 40ish years we have devolved into more and more of a "winner take all" economy...which is why the wealth gap is at its widest point in a century. From offshoring millions of middle class jobs in pursuit of slave labor...to a federal minimum wage that has lost 40% of its value since the late 1960s...to the scorched earth war on unions...to "shareholder capitalism"...this nation has moved farther and farther to being a nation of the rich...by the rich...and for the rich.

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1 minute ago, EnjoyLife said:

Over the last 40ish years we have devolved into more and more of a "winner take all" economy...which is why the wealth gap is at its widest point in a century. From offshoring millions of middle class jobs in pursuit of slave labor...to a federal minimum wage that has lost 40% of its value since the late 1960s...to the scorched earth war on unions...to "shareholder capitalism"...this nation has moved farther and farther to being a nation of the rich...by the rich...and for the rich.

Manifesto of the Communist Party (1888) | Online Library of ...

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5 minutes ago, EnjoyLife said:

Over the last 40ish years we have devolved into more and more of a "winner take all" economy...which is why the wealth gap is at its widest point in a century. From offshoring millions of middle class jobs in pursuit of slave labor...to a federal minimum wage that has lost 40% of its value since the late 1960s...to the scorched earth war on unions...to "shareholder capitalism"...this nation has moved farther and farther to being a nation of the rich...by the rich...and for the rich.

Here, every citizen has the opportunity to join and become one of these evil "rich".  

Now move to Cuba and start up your business and see how rich you can become....

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5 minutes ago, ObiOne said:

Here, every citizen has the opportunity to join and become one of these evil "rich".  

Like the guy who did the "million-dollar home page". The dude literally created a 1,000 x 1,000 pixel image, and sold pixels. He sold out, too. And literally made over $1 million.

"Copycats" popped up, but didn't do nearly as well.

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8 minutes ago, Monte1076 said:

Like the guy who did the "million-dollar home page". The dude literally created a 1,000 x 1,000 pixel image, and sold pixels. He sold out, too. And literally made over $1 million.

"Copycats" popped up, but didn't do nearly as well.

That is awesome lol. 

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16 minutes ago, ObiOne said:

Here, every citizen has the opportunity to join and become one of these evil "rich".  

Now move to Cuba and start up your business and see how rich you can become....

I do not disagree that there is still far more opportunity in the US than in Cuba (or any other truly socialist/communist country)...but I do not like the way we are trending. Mexico has the worlds 15th largest gdp...yet millions of their people are economic migrants. The problem in Mexico is not the amount of wealth...it is that they mostly have a small, fabulously wealthy ruling class...and a large, very poor peasant class...without much in between. I do not want my grandchildren to live in a United States that has become like Mexico.

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23 minutes ago, Monte1076 said:

Like the guy who did the "million-dollar home page". The dude literally created a 1,000 x 1,000 pixel image, and sold pixels. He sold out, too. And literally made over $1 million.

"Copycats" popped up, but didn't do nearly as well.

Do you remember "pet rocks"? P.T. Barnum was right lol.

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11 minutes ago, EnjoyLife said:

The problem in Mexico is not the amount of wealth...it is that they mostly have a small, fabulously wealthy ruling class...and a large, very poor peasant class...without much in between. I do not want my grandchildren to live in a United States that has become like Mexico.

I agree with you.  But the key to more economic opportunity is Less government involvement in the economy.  Note MORE.

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