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How poverty changes your mindset

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Re: How poverty changes your mindset

#91
post #67

Earlier quoted context omitted.

100% of society can't be brought out of poverty. Here's an example: If we motivated everyone to get a college education, we would have people flipping burgers who are college educated making min wage and living in poverty while struggling to put food on the table.

We're not going to have humans flipping burgers in a few years. A lot of these low-wage, low-skill jobs are finally on the brink of being automated. There will be new opportunities to replace them, as there always are. I'm pretty optimistic about the future of the economy - we have a huge number of skill-demanding fields that are growing, and many of them are facing real difficulty, which is exactly what creates dema…

How many people will be employed by the companies that replace all these low-wage low-skilled jobs? What will those formerly low-wage low-skilled laborers do after they are replaced? Buy a college education? Learn robotics?

As those jobs are automated, who will patronize those businesses? eg what fraction of McDonalds customers are high-income high-skill laborers vs lower-wage low-skill?

Re: How poverty changes your mindset

#92
post #88

I hate seeing people's comments on stories around this topic. I grew up in poverty and food stamps from time to time. My dad was a roughneck and when the oil bust happened in the 80's there was a time we lived out of our car -- my whole family. here was literally nothing to do in the oil patch during that bust. There was literally no work. But people don't understand true hopelessness. My dad did everything he could…

> I hate seeing people's comments on stories around this topic. Could you explain why that is?

I don't think this adds anything to the discussion except for a facetious tone. The OP explained exactly why he doesn't like reading the comments literally in the next breath from what you selectively quoted.

Re: How poverty changes your mindset

#93
post #67

Earlier quoted context omitted.

100% of society can't be brought out of poverty. Here's an example: If we motivated everyone to get a college education, we would have people flipping burgers who are college educated making min wage and living in poverty while struggling to put food on the table.

Not everyone needs college, there are trade schools and the like that can help you get a better job. Why can’t minimum wage be raised to provide a better standard of living?

Anytime you artificially set price floors and ceilings you have unintended consequences. Why put the burden on private businesses?

There is a better answer - keep the minimum wage where it is until it becomes meaningless because of inflation and increase the Earned Income Tax Credit and make it easier for employers to pass it on to workers each month. They already take out taxes, it shouldn't be hard to do the opposite.

The EITC has historically been supported by both Republican and Democratic presidents.

Re: How poverty changes your mindset

#94
This is a large part of the culture change over the last 60 years. Those adults in the 50s grew up through the depression and war.

It was hard adapting to the prosperity of the 60s. The young literally could not understand their parents attitudes.

Re: How poverty changes your mindset

#95
post #50
post #15

I'm sure how people deal with stress and difficult situations varies from person to person. My personal story and 2-cents: When I was 17 I went through a period of near destitute. I was living on my own, my father had passed away, and I had dropped out of school. Yet, I found myself with some very good jobs, such as GE Capital, a big Oil and Gas companies IT department, etc. Regardless of the opportunity, my arroganc…

You being 17 when that happened helped a lot too. If the same happens when you are 40 or 45 getting out of the gutter would be nigh on impossible.

I agree with this. I was destitute when I was 18, but I managed to come back through a series of part time jobs. I've always lived within my means but since my job do not really pay much anyway, it's very hard to save.

Now that I'm 40 and poor again (lost my job due to cutbacks), it is impossible for me to recover. Getting new jobs are much harder and people are pretty discriminative towards my age. Nowadays, even employers choose younger people for part-time jobs, since I'm over the hill agewise and overqualified.

Re: How poverty changes your mindset

#96
post #76

Earlier quoted context omitted.

Not everyone needs college, there are trade schools and the like that can help you get a better job. Why can’t minimum wage be raised to provide a better standard of living?

Because when you raise minimum wage, that means employers of the minimum wage earners need to push up their prices so that they're still making the same profits. (Actually, the same is not good enough, the profits need to exceed the previous years). The price of everything ends up inflating and minimum wage earners end up getting less for their money, despite having "more of it".

Yes, but you're acting as if they're not better off. Minimum wage workers will be better of despite a slight increase in the price of goods.

Re: How poverty changes your mindset

#97

I love how when this comes up, it's people either saying "Here was my experience when I was poor in the past." or "Here is what I think about economics or the wording of this article." Don't get me wrong, I know what website I'm on. But in all seriousness, is there room for currently poor people in this discussion?

  Without going into too much detail: I am exactly one semester away from a degree in the natural sciences but can no longer afford to attend classes - I am a single father with 3 children (two of which live with me) and I pay child support every month to my ex-wife who makes ~$80K per annum. I played her way through graduate school but she left and we divorced very soon after she finished school.

  I am almost 40 years old and I have been looking for a steady job for months...but imagine trying to convince someone to hire you for a job with the schedule restrictions that come with having multiple children in a lackluster economy. 

  I could go on but the message here is simply that poverty can easily be a self-perpetuating condition that becomes extraordinarily difficult to extract oneself from. It often seems like I am caught between multiple Catch-22 situations like some sort of 6-dimensional Chinese finger-trap.

Re: How poverty changes your mindset

#98
post #88

I hate seeing people's comments on stories around this topic. I grew up in poverty and food stamps from time to time. My dad was a roughneck and when the oil bust happened in the 80's there was a time we lived out of our car -- my whole family. here was literally nothing to do in the oil patch during that bust. There was literally no work. But people don't understand true hopelessness. My dad did everything he could…

> I hate seeing people's comments on stories around this topic. Could you explain why that is?

> Could you explain why that is?

Easy by the rest of my comment maybe I didn't illustrate it enough but a lot of people share ideas on how to fix it without truly understand it. Poverty is easy to fix. It's the giving up personal wealth to prevent it that's the hard part. As per the link it basically says the same crap everyone says, the "Helping the homeless is hopeless" narrative. Now saying that once you're screwed you'll never be able to think 'normal' again... c'mon man.

Re: How poverty changes your mindset

#99

I hate seeing people's comments on stories around this topic. I grew up in poverty and food stamps from time to time. My dad was a roughneck and when the oil bust happened in the 80's there was a time we lived out of our car -- my whole family. here was literally nothing to do in the oil patch during that bust. There was literally no work. But people don't understand true hopelessness. My dad did everything he could…

I don’t think there’s necessarily a conflict between having empathy for people unconditionally while still asking questions like: if times were at one point good or OK but you’ve fallen into hard times now, why did you not have savings? People ask these questions because being miserly to save is hard and unpleasant, and then when others seemingly haven’t saved, it’s emotionally difficult helping them. I see people using benefits cards buying food at grocery stores that I would never allow myself to buy. It’s not something that fosters empathy within me.

My family came to this country with absolutely _nothing_ and my parents saved and saved and saved to accumulate a safety net. The point of saving is so that when you lose our job you don’t face imminent castrophe. If you lose your job and you’ve saved you can migrate and find a job elsewhere. But millions of Americans don’t do this. It’s hard to feel bad for them when you put so much hard work and deny yourself so much just to save.

But I’m not saying anything new: https://en.m.wikipedia.org/wiki/The_Ant_and_the_Grasshopper

Re: How poverty changes your mindset

#100
post #88

Earlier quoted context omitted.

> I hate seeing people's comments on stories around this topic. Could you explain why that is?

I don't think this adds anything to the discussion except for a facetious tone. The OP explained exactly why he doesn't like reading the comments literally in the next breath from what you selectively quoted.

Not being facetious.

I can't see the explanation you say exists.

I suspect that there's a missing qualifier to parent's comment --something like 'from people who haven't lived what I have lived' -- but absent that it sounds like other people's experiences are of no or negative value.

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