Yes, I do believe it. When I was little my grandpa told me money was the root of all evil, and only as an adult have I realized what he meant.<br />
What I don't get is, why does it matter? There's nothing left to buy! Those poor, dissatisfied people are having to look at colonizing Mars for something new to do. But share it around! NEVAH!
Some do share it around, but it's not enough to solve poverty, there are people (not all but some) who will mismanage every dime they got. A guy at work got his tax refund check last year, he bought an old classic car to fix up with the money ($4000 including EIC) and ended up hauling it across the scales for scrap to pay his water bill before the year was up, in the meantime he owes for a car he bought, and a lot of other things he complains about.
Not handling money is one thing, but I experienced single motherhood, did well, and went on to work with other single mothers. We were the ones who did it alone, with the glass ceiling and all.
I think what with 198% inflation over the past 30 years accompanied by a mere 6% in real wage raises, you can figure out why most people are in misery.
I believe it and it's revolting. The gap between the haves and have nots is growing wider every second and we are losing. The rich will never give up what they have and I probably wouldn't either, but higher taxes for the super rich are in order
I don't mind sharing, do it a lot and always have. And I'm struggling all the time.
Actually that is pretty untrue. If you took the total wealth of the 100 richest it would give enough income to about 10% to reach US poverty level. You have no idea of how many millions in the world live below what US calls poverty line. In fact in many countries, those on welfare in the US would be thought of as very well off.
Even the poor in US live like kings of old - what 16th century monarch had electricity? Refrigeration? Transportation by vehicle? TV?
Gee, the poor I knew in Phoenix were living in parks & I had to drum up donations for shoes & clothes for their kids in my daughter-in-law's first grade class. We also fed them two free meals at school.
I heard this statement, as well. I believe it -- the rich get richer and the poor get poorer. The only problem is this: if you were to "redistribute" this accumulated wealth, within only a few years from now, the people that were poor ... would be poor again, and the people that were rich, would become rich again.<br />
SHHHSH! We ALLL know that, we just have to keep the general populace ignorant!!! Or the republicans won't have a platform to run on.
there's globalised capitalism for you right there.
They worked to earn it. It's theirs. Giving money to the poor wont accomplish much. Once that money is gone they'll need more again. There's been wealthy and poor since pretty much the beginning of time and that's never going to change. So no there's no end to global poverty especially if you go about it by just throwing money at them
if they EARNED it... it's theirs<br />
No guilt about poverty whatsoever
What Wall Street thief ever "earned" their money? They find ways of siphoning it. Case in point: naked shorting of silver which was a hugely incorrect bet that would have spanked the Investment banks who made them. SOOO regular banks operating under different rules were allowed to make the public subsidize them after they bought the banks that weren't allowed to do that.
I guess you also missed the recent LIBOR rigging scandal. Earned...puleeze...
what have the people on poverty done to deserve that money though... it's not a birth right to have someone pay for your life
yes... how would they end it? Giving each person half a million dolars wouldn't end poverty simply create a new level.
Oh yeah, agree with you there but of the "100" top richest only 5 or so are there unjustly most are there deservedly or are there because they built on what their ancestors had started. Bill Gates is a good example so is Richard Branson, both hard working entrepreneurs who becasme insanely wealthy because their products/services were so popular/good.
nope,realistic if you ask me
yes, it sickens me too, but it is just the global system we live in, and since every economical system any country has had is just as shhity, i say it is time to put those economical systems that have always been just theory to work, but go tell the to the governments and rich people of the world.