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As DailyFinance recently reported, a new study found that the recession's blows have fallen most heavily on lower-wage households. The study's subtitle says it all: "A Truly Great Depression Among the Nation's Low Income Workers Amidst Full Employment Among the Most Affluent."
The reasons behind this imbalance aren't hard to find. Mainstream economists have long noted that automation and offshoring have resulted in massive job losses for the less educated, while government workers and the highly educated have secured high-paying employment that's largely protected from the effects of globalization.
Originally posted by Tao Jones
The rich get richer because they continue the behavior that made them that way in the first place.
The poor stay poor because they continue the behavior that made them that way in the first place.
Barring physical or mental catastrophe, poverty is a completely curable mental disease. Opportunities abound (in America anyway), and anyone who is willing to put forth an effort can be anything they want.
Originally posted by Longtimegone
reply to post by AllexxisF1
All he is saying is that if you work really hard, you can be successful. It sounds like you are too lazy and expect everything to be handed to you.
Originally posted by AllexxisF1
Originally posted by Tao Jones
The rich get richer because they continue the behavior that made them that way in the first place.
The poor stay poor because they continue the behavior that made them that way in the first place.
Barring physical or mental catastrophe, poverty is a completely curable mental disease. Opportunities abound (in America anyway), and anyone who is willing to put forth an effort can be anything they want.
This is the most ridiculous thing I have ever seen on this BB.
That is saying a WHOLE LOT.
Absolute Fail.
Originally posted by SeekerofTruth101
Bottomline?
Sure, the wetbacks are cheaper. Locals only moan and whine. They deserve to stay poor. Regardless if property, food and utilities prices had shot up far beyond his/her salary to keep his/her family alive.
If the wetbacks can live like a pack of sardines, go without education, freedom or anything else, why cant Americans? Same too for foreign labour, who are happy to be slave so that those who claimed to be 'hardworking, thrifty and smart' deserve to get rich and richer.
Politically correct term for rapacious greed at the expense of his fellow humans, who may lack capital, opportunity, desire to be the top dog and thus brand them as lazy, incompetent, deserve to fail in life or die out?
Don't you just love the rich class? And their power through money to screw and mess around with other innocent human lives? The rich class do believe in one basic freedom too - freedom of choice. Only that freedom means either you work for them on their terms or you starve. 'Hobson's choice'?
[edit on 22-2-2010 by SeekerofTruth101]