471–480 of 559 posts
Very interesting findings. The study seems to indicate that poverty is correlated with better economic decisions, unless the option to borrow is present, in which case, poverty correlates with poorer decisions.
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> I don't think FEMA has a reputation for having borderline paranoia. If anything, FEMA tends to grossly underestimate the impact of the incidents they may respond to; the public tends to grossly overestimate FEMA's capacity and interests in doing what is ultimately, for every animal and man since the dawn of time, their own job and no one else's.
> doing what is ultimately, for every animal and man since the dawn of time, their own job and no one else's. I think that's a bit harsh. Civilization gives us infrastructure to live safely in very densely populated areas. When that infrastructure fails it doesn't seem fair to just say: "Now it's up to you like it was up to your ancestors. It doesn't matter that they didn't live in a spot where they had 100k other ho…
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?
If anything, I find that successful people are culturally un-welcome in the conversation today. It's considered presumptive or 'privileged' to give advice on how to be self-reliant and grow wealth. Culturally this is happening in a number of areas. Victimhood has become such a powerful status to claim that we increasingly refuse to listen to so-called 'privileged' voice, regardless of how solid their advice may be.
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?
If anything, I find that successful people are culturally un-welcome in the conversation today. It's considered presumptive or 'privileged' to give advice on how to be self-reliant and grow wealth. Culturally this is happening in a number of areas. Victimhood has become such a powerful status to claim that we increasingly refuse to listen to so-called 'privileged' voice, regardless of how solid their advice may be.
My wife's brother drives all over the state looking for work, then once he finds a job he has to expect be laid off any day. On a recent job one of his team members stole something and didn't confess so the foreman fired the whole team. He pays child support for kids he doesn't see often and getting laid off can set him back months.
I have cousins who made dumb decisions when young and now have criminal records. A childhood friend reached out to me asking for money because his wife became addicted to heroin, ruined him financially and emotionally, and left him for another guy, taking his daughter with her. He had to spend a ton of money he didn't have on the court battle to get his daughter back from his heroin-addicted wife. Some of my best friends in high school were gifted but had great difficulty focusing on schoolwork and ended up coping with drug cocktails and are now working part time minimum wage jobs. I also know some dumb people who simply made bad choices and ended up putting themselves in holes they can't dig themselves out of. And they aren't even minorities, which are so statistically differentiated from white communities that when I build market models I have to remove ethnicity as an explanatory factor because it predicts nearly everything on its own and I don't want to reinforce stereotypes or abstracted discrimination among my customers.
On the other side, I know a wealthy international businessman who takes risks that would land anyone else in jail, like speeding around the city while driving drunk/high and crashing into a parked car. He broke his neck doing that but still drives drunk. For my wife's family that would have become a life crushing healthcare debt and at minimum a significant amount of time off work if not a life of disability, but for him it was a nuisance. He pays his workers under the table and his daughter just won a medal in the winter Olympics.
I work with several wealthy people who are working solely to make more money or have something to do. That's great but none of them have no understanding of the life of a poor person in this country, and they make assetions on how things should work based on how it impacts them and based on opinions they've heard from even wealthier people. I am related to people who have worked hard to become wealthy, and that is again great but now they claim anyone who is poor is lazy when that is not the case. They donate to causes that espouse the same.
I work in the real estate space so I also encounter a lot of lazy wealthy people who don't want to do any work but feel entitled to money because a piece of paper says they own a property. Legally and through market forces they usually are though they usually don't add any real value to society.
I've personally experienced both sides and my opinion is the poor need more help, whether that means education, healthcare, legal expenses, or just a voice in discussion. Successful people have their voice and are capable of amplifying it to the point where it reaches every voter in the US with little effort. The stories of millions of poor and working class are lost in the noise every day. It's not victimhood to describe your problems and explain why a certain ideology or policy will impact your life negatively. The wealthy in this country so often overlook real issues at lower levels that generally they will impact the lives of the poor whether they intend it or not. People are resilient, adaptable, and hard-working but sometimes they have a boot on their head keeping them dow and need help getting it off.
Also personally, I feel fortunate to have have lived and worked among many income classes in my life. I'm young, smart, hungry, skilled and effective so there is a high probability that I'll never have to worry about money again. I feel obliged to do what I can to change the balance of wealthy in this country to something that reduces suffering on a broad scale. I am working to get to the point where I can do that full time.
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> Taxation is theft, but the current Republican party (including Sen. Hatch) has used that as an excuse to push an agenda that works against those who are barely getting by, while working for those who have inherited obscene amounts of wealth. That, in my opinion, is worse than the theft itself. I don't understand how you can hold this view in light of what you said before that paragraph. How do you suppose we come u…
I'm not sure you understood me clearly. I believe taxation is theft, but that that fact is no excuse for allocating spending of tax dollars unwisely. What the Republican Party, and many Libertarians seem to think is that because taxation is theft, anything that depends on taxation is immoral, and therefore taxes are free to be allocated immorally. That conclusion is fallacious, absurd, and malicious. You can disagree…
So your position is: Oh its stealing money, but lets spend the stolen money better?
> What the Republican Party, and many Libertarians seem to think is that because taxation is theft, anything that depends on taxation is immoral, and therefore taxes are free to be allocated immorally. That conclusion is fallacious, absurd, and malicious.
No they don't. Its a talking point that they've conveniently latched on to since you need to have a reason for doing the terrible things that they do without admitting it explicitly. I'll give them credit for exploiting the worst parts of individualism in the US to convince many (seemingly you included) of the "evil of taxation and government". But it is not an ideology that they believe in. Nor, I will point out, are any of their solutions backed by any kind of experience or evidence.
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I buy things that become more valuable over time. Investing has become a fun way for me to "spend" that cash I otherwise hoard. Spending money on anything else is very difficult for me.
I spend most of my money on books. I rarely ever spend money on anything else. Living as a kid with my grandma had a huge impact on things I did in my later years. We were poor but always had access to books.
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Thank you for sharing your story. I feel so much empathy towards you and your family, and I'm sorry to hear about your father feeling so bitter towards the system afterwards. I don't blame him. When I see people screaming and walking down the streets talking to themselves, I see people that need love. I see people that need to be taken in, not just for a night, but for a year or longer... so they can stop stressing a…
> Unfortunately, you will likely have to go to religious services and pretend to care about religion enough to get the help you need, because that is who America has designated as their community support system. Ouch, that's kind of an uncalled for jab at religion. Why don't atheists band together and form communities to show the religious how it's done...?
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Yes, there are. The only real difference between a mentally ill homeless person and a normal mentally ill person is the home. Why wouldn't a stable home be the answer? A short-term stay in a mental hospital might be necessary while getting the patient adjusted to their medication. But once someone is stable, there is no need for such things. Even though the institutions have changed, they are still pretty horrible pl…
You have some of the best ideas. I would love to get more involved in helping with programs like these. Substance abuse can be the most challenging to approach. From my experience, some people are on a self-destructive path and they forget how to take care of themselves. Some drugs are almost zombifying in that they are begin to only think about their next fix. I would like to see more options here for medicine and r…
What is available for drug users, I'm not sure. It seems one of the major problems in the states is that substance abuse help is difficult. Some charities help folks by donating things like hygiene items and things like that. As you said, some folks nearly forget how to take care of themselves, having fallen out of the habit for such a long time. The same can happen with some mentally ill folks.
Most importantly, though, these programs need funding. Some of these things nearly need laws to happen (like police training). Having worker protection laws that allow folks to take care of themselves would help. One of the better ways to do this is by contacting your state and local government.
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All of this modulo American healthcare means a lot of people who follow this script still end up with nothing. This is especially the case for entry-level jobs and other careers that are more available to the newly arrived. If you work in a median-income job and are miserly for a long time and save up a year's income, you will have around $60k in the bank. Since you don't have a pension, materially all of this will b…
This is an absurd strawman. Th emphasis is rightly placed on “modulo”. You’re saying that because catastrophes happen there’s no point in saving? Yes health insurance was problematic before the ACA, but it definitely served its purpose for simple things like appendectomies. Not every single instance of needing savings is one that is financially ruinous, aka pre-ACA healthcare issue that involved preexisting condition…
No, nothing in what I wrote says that. Literally nothing I wrote should lead to that conclusion. (Good thing you brought up straw man though!)
The point is that saving doesn't guarantee insulation from poverty, and that in America medical costs are historically a leading reason why that is the case. This is in the context of a discussion around how we treat poor and homeless people.
So if you wanted to take one bullet point from what I wrote, you could do worse than "it's not morally okay to look down on poor people in the US because if you're not relatively lucky, that could also be you" or something similar.
Hope that helps!
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Conservatives in the deep south I find have belief in this, they think that giving money to people that have none is fundamentally stealing from them through taxation and then giving it to someone that doesn't work as hard as them.
On the contrary, as a southerner, I see plenty of northerners move down here and spend more fighting property taxes than paying them because their kids are grown and they shouldn't have to pay for schools any more. Let's not pick "sides" here.
But complaining about taxes doesn't reduce poverty.