Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
What lower/middle class person has more than $3,000 or so in a bank's savings account? I opened my first investment portfolio at 19 years old with $500. Go to Ameritrade, eTrade, ShareBuilder...anything but a savings account. Set up an automatic savings plan and stop using a bank to store your money!
When I was 17, I had $4,000 in a savings account. Of course, this savings balance was possible only because my earnings at the time were not consumed by expenses like food and rent.
You forgot credit card debt. Credit card debt is termed bad debt because it takes money out of tomorrows income. When tomorrow comes you have less so people keep using their credit card and then get caught in a never ending rat race.
Student loan debt takes money out of tomorrow's income.
I think you have that backwards. The "rich" rely on the "poor" to provide for THEM. Rich people cannot exist without poor people. However, poor people exist with or without the rich.
I guess too many have bought into the lie that if EVERYONE works hard, EVERYONE can be rich!
Nobody should begrudge rich people.... especially those that actually worked for what they have (key phrase... ACTUALLY worked...). But "the rich" in America should take note that they are what they are because of what AMERICA has afforded them.
The rich own a higely disproportionate share of the entire wealth, assets and income of the United States. Excuse me while I go cry when they whine that they have to pay a bit more than average in taxes, etc. to help keep the whole show running smoothy.... IN THEIR FAVOR AND TO THEIR BENEFIT!
Perhaps if Americans traveled a bit more they'd see what extreme wealth inequality can do to a country. Provincial Americans with little world experience invite real revolution, and REAL class warfare if they do not watch out. Plenty of history in the early 20th century to show the great compromises the rich of the time made and understood was necessary to avert a REAL socialist revolution in this country.
spoken like a true communist. blame the rich for the poor's ills, that way you can get more uncle sam programs for the poor.
I prefer to have the opportunity to make the wealth as I see fit and retire when I want to and not when the feds tell me I can retire.
I retired at age 50 and am not planning on working another regular job again in my lifetime.
spoken like a true communist. blame the rich for the poor's ills, that way you can get more uncle sam programs for the poor.
I prefer to have the opportunity to make the wealth as I see fit and retire when I want to and not when the feds tell me I can retire.
I retired at age 50 and am not planning on working another regular job again in my lifetime.
for years i've had this sarcastic idea for a trade show where there are booths and seminars and business opportunities for people who want to make money off the poor.
"Celebrate Poverty!" I call it..where you can learn to get into the lucrative fields of...
for years i've had this sarcastic idea for a trade show where there are booths and seminars and business opportunities for people who want to make money off the poor.
"Celebrate Poverty!" I call it..where you can learn to get into the lucrative fields of...
Most rich people do not create jobs in America, at least not as many as they could, or as some indoctrinated conservatives believe. Since there is more wealth (in the hands of a few) than ever before, we could expect the best economy ever if conservatives beliefs were true.
Most rich people do not create jobs in America, at least not as many as they could, or as some indoctrinated conservatives believe. Since there is more wealth (in the hands of a few) than ever before, we could expect the best economy ever if conservatives beliefs were true.
No they just will not risk money in a unstable economy with morons passing never ending miles of regulations why would they.
Tell us after 6 years of hope and change done?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
