Thursday, November 5

RICH or POOR?

 FROM THE PEW RESEARCH CENTER

On the fundamental question of why some people are rich and others are poor, more Americans point to the advantages they possess – or the obstacles they face – rather than their work ethic. Nearly two-thirds of U.S. adults (65%) say the main reason some people are rich is because they have had more advantages in life than most other people; far fewer say it is because they have worked harder than others (33%).

An even larger majority (71%) says people are poor because they have faced more obstacles in life. Only about a quarter (26%) say they are poor because they have not worked as hard.

As in the past, these views are deeply divided along partisan lines, according to a new survey by Pew Research Center, conducted Jan. 6-19 among 12,638 U.S. adults who are members of the Center’s American Trends Panel. Large majorities of Democrats and Democratic-leaning independents say advantages in life have more to do with why someone is rich (82%) and that having faced more obstacles has more to do with why someone is poor (86%).  TO READ ENTIRE ARTICLE, CLICK HERE...


WEALTH REDISTRIBUTION

SIMPLY PUT:   Wealth Redistribution is taking money from the Wealthy and giving it to the POOR...  exactly like the ROBIN HOOD SAGA.  This typically takes place VIA taxes on not just the wealthy but taxes on large corporations and businesses.

"We live in a market economy," says Warren Buffet...   and, because of this market economy in which Buffet is very skilled, he has become the 3rd wealthiest man in America.

But, what if money was awarded some other way, like through athletic ability or through artistic ability or through musical ability...  Warren Buffet would not be wealthy at all...

SO...
regardless of how WEALTH is generated, some people become wealthy while other people remain average or poor...  this is just how it works.

  • What if you had the acting ability of TOM CRUISE?
    • If you did, you would be worth over $500,000,000 and counting.
  • What if you had the athletic ability of MICHAEL JORDAN?
    • If you did, you would be worth over $1,500,000,000 and counting.


WEALTH is generated based upon one's ability in that area where WEALTH is possible...
  • wealth is not possible as an electrician
    • WEATH is possible if you own an electrical company
  • wealth is not possible as a carpenter
    • WEALTH is possible if you owned a lumber company
  • wealth is not possible as a waiter/waitress
    • WEALTH is possible if you owned the restaurant

    



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