Quote from Burtakus:
For the intelligent, experience is not a requisite of comprehension.
Intelligence without experience leads to a false sense of comprehension. For you to say that, you must either be very young and naive or have lived a very sheltered life where you have not been exposed to the world.
That statement is one of the scariest things you could hear a person say. By making decisions without the wisdom gained from experience you immediately discount all viewpoints except your own.
You are right, bad spending habits all around have had adverse affects and no doubt the middle class is no exception. However the excesses of the middle class. e.g buying a bigger house or spending more money on shoes at the mall are NOTHING compared to the over leveraged financial companies who facilitated the who housing crisis in the first place.
Who held a gun to a middle class persons head and forced them to buy a bigger house? more shoes?, etc.?
As for the greedy financial companies, the socialistic initiatives and policies of government created that mess. All these guys did was make loans that were then sold to Fannie and Freddie. The act of these government sponsored entities assuming all risk from loans they bought is what caused this mess. Why did they assume this risk? Because the government wanted people to have the right, not privilege, to buy a house. If someone comes to you and says, By law you must relax your lending standards and by the way, we the government will assume the risk, what do you think is going to happen.
Ummm no. I could explain to you why it actually makes sense, but I really don't feel like it, after all you can check for yourself. www.taxfoundation.org. The top quintile get more in federal spending per household than every other quintile except for the bottom, which is very close. Sometimes you have to think critically...
Maybe I am not taking advantage of the government then because as far as my money is concerned, I am pouring out a lot more now and getting next to nothing back.
There is such a thing as a poverty mentality. It's very difficult for kids who are brought up with that mentality to break it. And catastrophic events happen all the time, we are at war your know.
And your point is?
What do you want a pin to wear on your shirt? I have as well. What exactly does this prove?
The only thing it proves is that there will always be those who move upward and always be those that stay behind. By trying to "level the field" as the liberals like to call it the only thing you are doing to bringing the entire of society to the level of the lowest common denominator. Look at today's public school system. By "leveling the playing field" I now have a freshman in high school taking college level classes who has to STOP what she is doing so she can go learn test taking. After all, we can't have her getting too far ahead of her "less fortunate" classmates. That just wouldn't be fair. And we wonder why our education system is so fucked up and we produce illiterate and uneducated members of society who have zero sense of personal responsibility ala, buying that house you can't really afford because you want it and you couldn't read and comprehend the terms of the loan.
True, there are people like this. We know that. There are also good people whom bad things have happened to.
And in general the "good" people will not stay in the bottom for long.
lol WHAT? I wonder what would happen if we took a poll of all people who made $1 million or more in the past 3 years. I guarantee to that for a large percentage of them financing and leverage (in some cases as much as possible) we crucial to there success. The reason leverage is such a disease in this country is because so many people got rich using it.
I should have said that they use credit for obtaining liabilities sparingly. Credit usage for obtaining assets is a very normal trait of the top quintile and is one means of generating wealth that the middle and lower class to not participate in very much. How sad is it that we as a nation cannot educate our children at a young age on fiscal matters.
Big deal. We all have our own stories. Congrats on your success. But for you to assume that the only reason some people are struggling is because they did not work hard, or are lazy...is just dumb.
Unless you have a mental or physical handicap, the opportunity is there. If you are too lazy to take advantage of opportunity then you have no one to blame but yourself.
There you go, socialism in action. I'm glad you benefited from socialism.
Like I said, I have no problem with a safety net. What I have a problem with is providing a standard of living and permanent lifestyle. At some point you need to be responsible for yourself.
Oh really? Who is going to weed out the good people who are falling on rough times versus the lazy fucks? You? The system isn't perfect.
Not I and not you. We as a society will determine what is acceptable and not acceptable based on our collective values. This is generally done by electing politicians who then write policy and pass laws that reflect our societal values.
You make some good points, but you should realize the issues are issues or a reason.
I would propose that most of our issues are based on two things.
1) Entitlement mentality which breeds dependency and erodes the values of hard work and self accountability.
2) Poor fiscal policy at all levels of our society, government, corporate, and personal. Reference number one for a primary driver of poor fiscal policy.