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Old 05-31-2012, 03:22 PM
 
764 posts, read 598,929 times
Reputation: 660

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LOL @ refrigerators. What excess!
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Old 05-31-2012, 03:33 PM
 
4,255 posts, read 3,490,755 times
Reputation: 992
Quote:
Originally Posted by freemkt View Post
The way I live within my means is by buying foreign products.

Then you are obviously part of the problem.
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Old 05-31-2012, 03:53 PM
 
33,012 posts, read 27,576,013 times
Reputation: 9074
Quote:
Originally Posted by waterboy7375 View Post
Then you are obviously part of the problem.

So people living at poverty level should reduce their consumption further to solve the problem? Blame the poor much?
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Old 05-31-2012, 04:17 PM
 
4,428 posts, read 4,495,477 times
Reputation: 1356
Quote:
Originally Posted by Lithium View Post
LOL @ refrigerators. What excess!
The article doesn't say that refrigerators are an excess.

$300 tennis shoes are an excess for poor people and they stand in long lines to get them. They must not be as poor as they claim to be.
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Old 05-31-2012, 11:40 PM
 
Location: Palo Alto
12,149 posts, read 8,448,474 times
Reputation: 4190
Quote:
Originally Posted by freemkt View Post
The way I live within my means is by buying foreign products.
Suicide. Fiscally speaking.
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Old 06-01-2012, 12:13 AM
 
Location: Bronx
16,200 posts, read 23,155,252 times
Reputation: 8347
Quote:
Originally Posted by Yooperkat View Post
The Vanishing Consumption Gap


"There simply isn’t much stuff left that is so expensive that rich people can buy it but poor people can’t."

"Look at what “poor” people have. Refrigerators. Cars. Televisions. Cell phones. Computers."

Income inequality is not the problem. Attitude is.

People who earn less than Wall Street CEO's still have plenty to be thankful for.

"The goods consumption of all Americans above homeless drug addicts on the SES scale is so high as to make “poverty” a term that cannot meaningfully be applied in the U.S. Not if you’ve lived in places where they have the real thing."

So what are these occupiers (Democrats) complaining about?

Even Obama is a misguided wealth redistributionist.
Can a Poor person afford a trip to Bali or perhaps Dubai my friend?

Can a poor person a
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Old 06-01-2012, 03:01 AM
 
4,428 posts, read 4,495,477 times
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Quote:
Originally Posted by Bronxguyanese View Post
Can a Poor person afford a trip to Bali or perhaps Dubai my friend?

The point of the article is not about taking lavish vacations.

It's about people p!ssing and moaning about other people's wealth when most Americans have everything they NEED and then some.

People would be better off if they would stop obsessing about what other people have, and consider the happiness that comes with family and friends, and just start living life instead of b^tching about it.
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Old 06-01-2012, 05:29 AM
 
1,724 posts, read 1,476,220 times
Reputation: 780
Liberals never cared about rising inequality. In fact, they embrace it and will show their support in 2012 by voting for Obama.

It is all about smoke and mirrors, and liberals love to play this sick little games.
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Old 06-01-2012, 05:42 AM
 
Location: Great State of Texas
86,052 posts, read 84,748,973 times
Reputation: 27720
Quote:
Originally Posted by Yooperkat View Post
The point of the article is not about taking lavish vacations.

It's about people p!ssing and moaning about other people's wealth when most Americans have everything they NEED and then some.

People would be better off if they would stop obsessing about what other people have, and consider the happiness that comes with family and friends, and just start living life instead of b^tching about it.
But we are a nation of "consumers". That is what we do..buy stuff.
And the mantra has always been to "keep up with the Jones".
Now mix that with "Everyone's a winner" and you end up with anger, envy and a demand for someone to do something about it because you didn't come out a winner like they did and it's just not fair.
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Old 06-01-2012, 08:37 AM
 
33,012 posts, read 27,576,013 times
Reputation: 9074
Quote:
Originally Posted by Yooperkat View Post
The point of the article is not about taking lavish vacations.

It's about people p!ssing and moaning about other people's wealth when most Americans have everything they NEED and then some.

People would be better off if they would stop obsessing about what other people have, and consider the happiness that comes with family and friends, and just start living life instead of b^tching about it.

Poor Americans might have various inexpensive material goods, but they don't have wealth which is what matters in the long run.

Not having wealth means you have no wealth to leave your children and not even a paid-off home to give you the peace of mind that you will be able to house your family and won't become homeless.

For poor people, not owning a home represents the difference between being able to retire with a modest lifestyle and never being able to retire at all, because you're still paying (half your income on) rent.
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