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Clearly they ability to look at problems from more than one angle is severely limited. There is nothing conservative in such approach, because they are simply trying to parrot & apply talking points invented by others.
So people who believe differently than you - for example, middle-earners without $400 to their names should spend money on Iphones and cruises - are merely "parroting" talking points invented by others? Are you so unable to consider that other people who disagree with you make their own decisions?
I have you beat! The cashier working at McDonald's told me she was about to go off-shift and asked me if I could drive her to the store because she wanted to upgrade her smartphone! She showed me what she currently owned, and it was a better model than I have.
Bet she doesn't have $400 in savings, either.
This highlights the problem to a T. Of course, as others here are arguing, there are those who need help and who by no fault of their own do have issues they cannot overcome, but that number is small.
Most, as we're pointing out make the CHOICE to spend when they cannot. This also applies to high-earners in many cases. The friend I mentioned grew up in a wealthy household, but her family now has lost their home because they lived beyond their means. The concept of thrift and savings was simply not there, even in that high-income home.
I get the sense that wealthy conservatives are upset that wasting money and resources is something everyone does regardless of income. I'm sure there is a person somewhere who has already taken order for a 2021 Escalade who doesn't care of the premium they pay for that luxury and they will get upset when a person in line in front of them uses a food stamp card while talking on an expensive cell phone.
I think what we are witnessing is the downfall of money itself. It's not hard to come by and that's why no one saves it or feels the need to use it for their survival. People who have traded too much of their life to pile it up don't like think that a person can just beg for in the street and get by. Can you imagine in 1840 a beggar on the street begging for a slave from a wealthy plantation owner? Someone who would give $3000.00 to charity would never buy an acre of land and donated it to a poor family.
Money is just not worth what it used to be worth. Its too easy to come by.
Of course your suggestion is smug (and shows how liberals are so out-of-touch). You think that an individual needs $65,000 a year in retirement (that's the 4% withdrawal on the mil plus another $25k in SS)? Don't you realize that the average earnings per FAMILY, during the working years, is around $60K? And that's when they have the expenses of a mortgage, and growing kids!
And you consider what I said about a liberals a non-sequitur? Let me explain:
1) Liberals on this forum are defending middle-earners who, instead of putting a couple of thousand dollars away every year to build a retirement fund, spend every last cent on expensive IPhones and vacations, leaving them with less than $400 in savings.
2) Then we have another liberal who is claiming that you need at least $1 million in savings to have a decent retirement.
So which is it? On one hand, you defend people who choose not to save a cent and spend irresponsibly, and on the other hand, you claim that people better have saved up $1 million to have a decent retirement.
To point two, you are making an assumption assuming SS will be around in the same form it is today decades from now, this is a major assumption that I would not want to hedge my retirement future on. You also need to take inflation into account which will likely eat into the savings. $65,000 grand today will most likely not be worth $65,000 twenty to thirty years from now.
To point one, you are just making up anecdotal points to try to "prove" your theory. Personal anecdotes on an anonymous internet forum mean jacksquat and are not worth arguing over.
I get the sense that wealthy conservatives are upset that wasting money and resources is something everyone does regardless of income. I'm sure there is a person somewhere who has already taken order for a 2021 Escalade who doesn't care of the premium they pay for that luxury and they will get upset when a person in line in front of them uses a food stamp card while talking on an expensive cell phone.
I think what we are witnessing is the downfall of money itself. It's not hard to come by and that's why no one saves it or feels the need to use it for their survival. People who have traded too much of their life to pile it up don't like think that a person can just beg for in the street and get by. Can you imagine in 1840 a beggar on the street begging for a slave from a wealthy plantation owner? Someone who would give $3000.00 to charity would never buy an acre of land and donated it to a poor family.
Money is just not worth what it used to be worth. Its too easy to come by.
Are you assuming that the people disturbed when others without $400 in savings spend their money on expensive cell phones are "wealthy conservatives"? To the contrary, they are primarily middle-income earners who made prudent decisions, bought the cheaper cell phone and do their own fingernails, so they can put away savings for retirement. They are rightly disturbed when they see people without a penny to their names spend every last cent because they know that these same people will cry "poverty" when it comes time to get on the liberal receiving line for benefits - and paid for by the middle-income earners who made the responsible decisions.
Because many of those people are not taking personal responsibility for their own financial actions, so of course it isn't working for them.
Exactly! What is it with some of these posters who first claim that people who disagree with them can't entertain a differing perspective - and then are unable to see ours?
It would be nice to conduct this study by income and find out what percent of people earning more than $50,000 have nothing in savings but DO have expensive IPhones, go the theater frequently, go on cruises and to Hawaii, and have their weekly pit stop at the spa for a manicure?
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