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New sheets? Enough towels? We've already established that cigarettes are a "need," apparently. A working computer? Printer paper? Crayons and markers for the kids? Internet? Any food other than rice and beans?
This article is poorly written and conveys no actual information.
While that is true, THIS is what happens to abusers at the high end... 70% of the wealthy lose their fortune by the second generation, and by the third generation that percentage has jumped to 90%.
Exactly. Plenty of highly educated people are terrible money managers. And then there are those of us who realize saving $10 a week and investing it in a low cost index fund in a tax free savings vehicle will grow to over $60,000 in 30 years and they take that route instead. Who wants to blow $10 a week for 30 years and be reminded you’re a loser 1,560 times. I’d rather enjoy watching my savings grow for my entertainment.
So, what you are saying is that you never spend anything on entertainment or a vacation or a nice dinner out when you could stay home and eat mac and cheese? Every dime you spend is on an absolute necessity? After all, $10 a week, blah, blah, blah.
Everyone who feels this way, who wants to call the "working poor" "entitled", please read Hand to Mouth by Linda Tirado. It's a short book. Take you an afternoon to read.
In a society who feels entitled to the labor of the working poor, who expects constant service for below a living wage, who is "entitled". Entitled to their services, to their labor, to their very health and well-being, but don't think they deserve a living wage.
Slavery was outlawed over 150 years ago.
Employment is a voluntary arrangement.
Nobody "deserves" any type of wage simply because they have a heartbeat.
You negotiate for wages based on your skills and the labor market.
You get the most you can and if your employer won't pay you what you feel your worth, then you increase your skills or find another employer.
damn poor people.. how dare they want nice things.
This used to be an incentive.
It used to be that poor people would have an impetus to work hard or improve themselves so they too could have nice things. A few criminals simply stole them or were con men, but the vast majority learned from others that hard work and improving yourself would eventually get you nice things.
Where we went off the rails is, poor people have come to believe they simply DESERVE to have nice things, absence any impetus to work or improve. We now have many poor people who see others with nice things and then believe they deserve nice things too, without having to earn them.
"Because I exist, I DESERVE the nice things other people have."
It is an irrational mentality stoked by the woke who tell them they deserve nice things too.
I can play that game too.
I deserve a beachfront home. I deserve to be married to a supermodel. I deserve a cabin in the mountains and another at the ski resort. I deserve to drive a Ferrari. I deserve to own a cabin cruiser.
Nobody "deserves" any type of wage simply because they have a heartbeat.
You negotiate for wages based on your skills and the labor market.
You get the most you can and if your employer won't pay you what you feel your worth, then you increase your skills or find another employer.
Preferably both.
Isn't that what people have done? And now there's tons of whining and crying over Burger Kings not being able to hire enough staff and mom and pop stores closing.
Our society depends on low-wage workers and starts to collapse without them. Be careful what you wish for.
I guess it's a slow day if we're discussing a 4 year old article based on 7 year old data. But hey, 'preciate the link this time, since it's not current events!
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