The gap between rich and poor...

Discussion in 'The Cocktail Lounge' started by Jimmy, Sep 5, 2014.

  1. Raven82

    Raven82 Active Member

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    It will always be this way and most don't have a clue on how to change their situation because they have been taught Class Envy instead of Capitalism and just basic hard work and getting ahead. As long as we have American kids (and kids in other Western Nations) more interested in marching for the Global Warming, sleeping in tents during Occupy Wall Street and living in their parent's basement at 25 or 30 years old talking about Hope and Change while Chinese Kids are going to school 11 hours a day and 4 hours on Saturdays we are going to see the gap widen evern more. I go to China every year for a month and see the kids going to school at 7am and coming home at 6 every day. If you ask any one of them to go march for Global Warming, block a road where they were drilling for oil or protest Chinese business they would look at you like you were crazy and then bust out laughing.
     
  2. Eziospick

    Eziospick Guest

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    I'm probably just a brainwashed kid from the boonies, but whatever happened to working hard and it paying off? Now I know there's some rich people who are living off their parents or grandparents money, but there's still a huge chunk that worked to get what they have. Should we hate them for that? If they worked hard and made their money, what's stopping anyone that's poor from doing the same? I'm not naive and think the world is a happy, easy place but we all have the chance to change our life if we don't like it. Why hate others that have?
     
  3. Raven82

    Raven82 Active Member

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    Exactly how I feel and fact is that 62% of American Billionaires did it on their own and most American new Millionaires came from middle class, working class or just plain poor families and made it. If you can't work hard and hammer out a good living in The United States just where can you in the world??? Time to quit hating the rich, hating bankers, hating business and hating big corporations and get down to making money for yourself and quit whining because millions of kids all over the world are just waiting for the chance to become rich....and they will and these American whiners will be working for them if they are not on Welfare.
     
  4. moneyman

    moneyman Well-Known Member

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    In my country education is free so here everyone willing to educate themselves may do so. However, unemployment rates are in rise and highly educated people keeps making more money whilst normal worker wages are quite low especially since the prices are quite high. People are getting laid off whilst corporate owners keep getting bigger bonuses and more benefits.
     
  5. Raven82

    Raven82 Active Member

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    I have never bought into the "There are no Jobs out there" crowd and I will tell you why. In the past 50 years I have seen times in America where there was high unemployment BUT I have never seen any long lines outside the Military Recruiters office (even after 911) in any place I have lived in America. Also North America is going through and energy boom and they are begging for people offering good paying jobs. People can cry, they can go sit under a plastic tarp and occupy Wall Street, they can march for Global Warming or Climate Change or what ever they call it but the fact is that there is opportunity but you just have to go to the places it is offered and quit whining.
     
  6. crimsonghost747

    crimsonghost747 Senior Investor

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    Agreed. Though I don't live in America I see the same thing happening in Europe. There is always work out there, it might not be your dream job and maybe even something you would hate doing... but it's a job. Those who are good in their respective fields can choose what they do for a living and usually also get paid well... those who are just average might have to settle for something smaller... but that's how life goes. In Europe the unemployment is not high because there aren't jobs, it's high because no one wants to do the basic minimum wage jobs since they get the same money from unemployment.
     
  7. Kate

    Kate Senior Investor

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    Good posts here in this thread. One phrase describes why this is happening while young people in other places are most likely getting ahead... "sense of entitlement." It has become a *huge* problem... and especially stronger over the past 10 years or so.

    I don't know what caused it to get to such a pathetic level, but "let's hold hands, sway to the music, and hope it all goes away" is NOT going to get them anywhere.

    How to fix it? I guess teach the difference between idealists who often get nowhere, and realists who see a problem and tackle it to make it better.
     
  8. Raven82

    Raven82 Active Member

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    Glad Kate and the Ghost like this way of thinking too. To give you a quick background on my big mouth advice... I graduated High School 73 in a Rust Belt Western Pennsylvania Steel and Coal Mining town, parents divorced and no college for me unless I pay for it. I walked into the Army Recruiting Office at 17 and 2 months later I walked to the bus depot alone at 5am got on a bus and never lived in my hometown ever again. After the Army I went to college on the GI Bill while working 2 jobs. (there's a thing called The Night Shift) Today I am not in the 1% but I am in the 3%. So last year when I would walk past the losers camping at occupy Wall Street I had no respect for them. In fact I wished I had a high powered water hose.
     
  9. Determined2014

    Determined2014 Guest

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    The rich will continue to get rich and the poor will continue to get poor and poor, nobody cares for the poor that much, they do not try to enable the poor that is where the problem is, how the poor can get even close to the rich still puzzles me.
     
  10. Peninha

    Peninha Senior Investor

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    I don't get why we continue to live in a capitalist society, we see that it's not working properly...
     

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