Huh durr capitalism is evil.
Studies have shown that the only thing you have to do in America to not be perpetually poor is
1. Graduate high school.
2. Do not have children until marriage
3. Have a job.
That's it. That's literally it.
http://jacksonville.com/opinion/editorials/2012-01-27/story/three-rules-staying-out-poverty
If you have the time to write wall of texts on fucking tumblr about how much of a poor victim you are, guess what, you are a lazy fuck.
>it is literally impossible to save money when you are poor
Thats not true. Any anecdotal example of someone below the poverty line having money in their savings accounts will prove this statement wrong.
>Capitalism was engineered to keep people poor
Which is why >700 million people (from 2001 to 2011) were moved out of poverty due to Capitalism.
http://www.pewglobal.org/2015/07/08/a-global-middle-class-is-more-promise-than-reality/
>Poor people are the Hardest working, most creative, smartest people I have met.
"Hard work" and "Valuable work" arent correlated. While digging holes in bumfuck nowhere all day is hard, its not worth anything.
Smartest? Average IQs and income are very correlated.
http://blog.bcaresearch.com/human-intelligence-economic-growth-50000-bc-singularity
Their post is a wall of text that says basically "Im mad at society for not rewarding me for my inability to produce anything of value"
But it's not impossible.
I grew up in a very poor household, left school at 16 to work two jobs and now I'm middle class. Became a supervisor at a factory making 60k/year and invested in a few stocks that pay dividends that I use to invest in more stocks.
If the market stays stable I'll be able to cash out in 10 years and retire at 40.
>Has Computer
>Has Internet service
>has CAR
>lives with a man that cannot provide enough for her to have his children and stay at home
Insanity.
>>72090255
>If the market stays stable
Uhm... I have some bad news for you though...
>>72089929
fucking this
But I guess liberals and tumblrinas aren't bright enough to realize this.
>>72089929
>you can get rich with a HS diploma
Lel Americans are deluded.
>>72089621
If you have a computer, the internet connection, and time to write drivel like this, you have disposable income and no clue what being poor is.
>>72090381
Where exactly did he say that?
He wrote how to stay out of poverty. Not how to be rich. You do know there's an in between, right?
>>72089929
hope you're doing well
>>72090381
They claimed
" Studies have shown that the only thing you have to do in America to not be perpetually poor is "
You mock with
" >you can get rich with a HS diploma "
STRAWMAN. They never claimed you will or can be rich with a HS diploma.
You also CAN become rich with a HS diploma.
>>72090343
I know, I know. I have a decently diverse portfolio though. Pharmaceuticals, Energy(not oil), tech and minerals. I should be fine. I got in a lot during the 08 recession so my original investment has already more then tripled.
I used to think like ops pic. The I read the richest man in babylon. It changed my outlooks on life. It isn't what you make, it's what you keep. Add dave ramsey and now I own a home.
>>72090381
So it is true that singapoore are too poor to read.
It doesn't say rich, just out of poverty, famalam.
americans are such classcuck bootlickers it's amazing
>>72090493
I meant rich as in middle class. You're pretty rich if you're middle class.
Maids working in Singapore aren't in poverty. It's ridiculously easy to get out of the poverty level. Being a blue collar earning 40k/year at forty is poor.
>>72090013
truth bullets desu
yeah everything just works out, like magic sunshine.
Being poor I do not hate Capitalism
Being poor I do understand I need to work
Being poor I do not have access to work
Being poor I want to work hard
Being poor I want to achieve riches
Being poor I hate communism
>>72089621
I work for about 500 $ a fucking month in my poor as fuck country.
So far, I've saved up about 5000$.
Whoever is saying you can't save money while living and working in the USA is a fucking retard to be honest.
>>72090616
>ireland calling anyone classcucks
>>72090785
does your boss fuck your wife too?
>>72090870
That is implying I have a wife.. HA HA... faggot.
>>72090848
>Gini
>Be so fucked your statisticians have to develop an entire system to show how fucked you are.
Classic Ireland.
![BALL33lCIAAM98I[1].jpg](https://i.imgur.com/lTXoUIl.jpg "BALL33lCIAAM98I[1].jpg")
>"poor people" will become a race/gender in your lifetime
>explaining to "poor people" how to save, spend wisely, and invest is considered an aggression
>"Don't you dare WEALTHSPLAIN to me, RICHLORD!"
>"I'm not "poor," UPPERCLASSHOLE, I'm a ""Person of Coins"" or PoC!"
What a time to be alive!
![tumblr_o0y85hrmMn1qzti0co1_500[1].jpg](https://i.imgur.com/UY95BvL.jpg "tumblr_o0y85hrmMn1qzti0co1_500[1].jpg")
>extra $65 on work shoes
Impossible
>extra $100 on leather coat
Necessary
>extra $650 a month on stuffing yourself
'groceries'
I've never understood the capitalism causes poverty line. I genuinely try to understand everything people are saying, even if I disagree, but I can't figure that one out. Isn't the natural state of human beings total poverty? And wealth has to be built, not just born into or discovered? Capitalism is just one engine of wealth creation, just like socialism or communism or feudalism or whatever, but it is just the most efficient.
I'd love her to go to Somalia and tell a child there how poor she is and how it would be impossible for her to be any more efficient with money.
>>72091903
Is that her? Typical. Why is /pol/ always right?
>>72092132
http://shakethecobwebs.tumblr.com/
She's also a fat activist.
>>72092446
Lol she has herself painted on the wall.
>>72092081
they insist that capitalism and property ownership are instruments of oppression by the rich to keep poor people poor
they literally believe that
they think global wealth is a zero sum game, which would imply that for someone to be rich, he must be taking wealth away from other people
>>72092728
I love you, dutchy
If he/she/xe is so poor, then how the fuck do they afford a laptop, take the liberty to open a tumblr account and afford (I assume) internet access?
Jeez, I remember when poor people in my town used to smoke the ends of discarded cigarettes off the street and sleep in cardboard boxes.
>>72090824
So Ivan, is saving $5000 good by your countries standards? Is this like an average saving or what?
>>72092958
no one in america is really poor anymore
it means 'bad with money' these days
>>72093098
This.
'Poor' in America is 'obscenely wealthy' in a lot of places.
Westerners in general have been comfy for so fucking long that not having a fucking Keurig is considered a horrible state of affairs.
>>72089621
But the image is correct, though.
However, this is yet another issue that can be traced back to the jews.
Kill the jews and this won't be an issue anymore.
>>72089621
People will always find something to complain about. Capitalism is a naturally emergent economic system that has worked for millennia which is why all sane countries maintain laissez-faire policies because they are stable in the long-run. Crony capitalism is a different story (which is actually a form of socialism), which might be what she actually is complaining about but she's too uneducated to understand the difference.
>>72093361
Wtf is a keurig
>never worked a day in my life
>get autismbux from government
>have over $20,000 in savings
>>72089621
she has 75 dollars for the month?
where the fuck did the rest of the money go?
>Beggar always at supermarket door
>Asking money to feed her kids
>See her buying inside one day
>She's buying a bag of lettuce
1 whole lettuce is 0'60€, 1 bag of precut lettuce is somewhere near 1'5€. And you get less than a third of lettuce.
>>72093432
I see your Norwegian ass posting about killing jews all morning. Why not focus on muslims, the real problem?
>>72090381
He said "not perpetually poor," not "rich". You may have to be a garbage man or a warehouse/construction worker, but the point is you won't starve.
>>72090381
senpai i didn't even graduate high school and i make 175k
i work as a sysadmin.
>>72089621
How can you save money if you have to spend it all on rent and necessities?
>>72093792
The percentage of people who literally only have money to spend on rent and necessities is really small and only temporarily in that position.
The cure for a country's poverty is production.
The cure for your own poverty is work and savings.
If you can't save, cut down on your costs or work harder.
If you STILL can't save, cut down on your costs or work harder.
>>72093792
You find a roommate to split the rent with. You put a dollar in a fucking jar every paycheck. You take some overtime or swap shifts with people.
Food for thought: I used to work in 401k recordkeeping. McDonalds has one of the best 401k plans in the country. I once spoke to a woman working as a line cook. She'd been there since she was a teenager. At the age of 40, she had over a million dollars in her 401k.
Most companies offer a 401k, and a 401k almost always comes with match money, sometimes profit sharing. A 401k is one of the easiest and most reliable investment vehicles for the poor. And before you go 'HURR DURR MARKETS,' all 401ks are required to have conservative investment options and one safe haven, often literally just a cash fund.
As someone who has lived on his own with around 600000 lire (350 $) / month in Italy and is now doing 7000$ / month in Switzerland, I define this as bullshit.
Just always live way below your standards. Learn that if you can't afford something, you will not buy it. Also stop being retarded. If you have to think twice when buying 65$ shoes for working (= you will probably wear them 8 hr / day) you should rather not own a car.
>>72089621
>Complains about being poor
>begs for money via paypal
JUST
>>72089621
>America has all 10 planks of communism atleast partially enacted
>people still cry capitalism
Every time
>>72093482
it's a way to waste even more plastic and packaging to make coffee
you buy these mind blowingly expensive k-cups that have enough grounds for exactly one cup, put it in the keurig, and it makes one cup of coffee
>>72090013
Capitalism isn't exactly great at making all work valuable which is it's main problem.
https://www.youtube.com/watch?v=e7d-Rx-yBao
>>72094483
Not all work is valuable.
The market decided if it's valuable or not.
>>72094670
>The market decided if it's valuable or not.
Just because I want to buy some popcorn chicken to make ducks eat their cousins doesn't make popcorn chicken actually useful for society though.
>>72094797
>useful for society
Ah - the socialist's catchphrase.
Who the fuck gives a shit if it's useful for society?
So long as someone wants to buy it, and someone is willing to make and sell it (or provide a service), and so long as it isn't against the law or dangerous to anyone, why should anybody stop them?
Capitalism is about more capital for capitalists.
It's not about higher wages for workers. For that you need communism. And yes, in capitalism you're a voluntary wage slave.
>>72094483
why should all work be valuable?
it's pretty easy:
>every person is able to do at least one valuable work
>it's this persons choice to do this or not
>the work this person actually wishes to do may not be (as) valuable (as the most valueable he's able to do)
nobody forces you to do valuable work, you can more or less chose the work you do.
free market / capitalism is the best alternative for people who actually want to achieve something.
>>72090578
Dave Ramsey is the GOAT when it comes to financial advice, even poor people can generate substantial savings if they follow his simple advice which he offers for free
He's also /biz/ approved
>>72091903
hair dye aint cheap, and it aint a necessity
this chick doesn't know what poor is
Also higher wages are a direct enemy of capitalism, because it means less profit and deflation.
You need socialsm for keeping wages from falling.
I wish I could reach across to America and slap this dumb bitch in the face.
I was making below the Indonesian minimum wage as set by law, which is in the scope of 100 dollars every month for years. I would eat the shittiest food you could imagine, I lived in the dingiest, most disgusting places in this country, all so I could save up my 75 dollars every month. To cut a very long story short, I put my money, a gargantuan amount for me at the time (US$50,000) to kickstart a business with my best friend, who had a background in geology. 25 long years later the business has blossomed into a massive company that provides silver and iron all across SEA, and am living a life I could only dream of in my youth.
If me and my dirt poor best friend can make it in the most corrupt shithole this side of the globe, you need to shut the fuck up and start being a responsible, intelligent adult
>>72089621
You just work that out?
>>72095019
>all companies are huge multinationals with 10,000 low-paid staff
You know how it works? You add value to your company. Then they either pay you more, or you join another company who recognise the value you add. If you add value - you are increasing their capital and increasing your wage.
>>72094947
>Ah - the socialist's catchphrase.
I am not a socialist
>Who the fuck gives a shit if it's useful for society?
edgy mate
>against the law or dangerous to anyone, why should anybody stop them?
wasting resources is probably not a great move
>>72095044
I didn't say or mean all work needs to be valuable. Capitalism gives the wrong things value and wastes resources in stupid as fuck ways.
I probably prosper under the current system(Which probably isn't fully capitalist anyway considering I make more money from the government than my business actually makes from producing our product) than you do, but if you can't see the negatives of capitalism you are just retarded.
>>72089621
>we wouldn't survive otherwise
Does this take welfare etc. into account?
Poor people are also generally not smart, what a stupid fucking liberal piece of garbage.
>>72090381
T R A D E
S CH O O L
>>72089621
If they're so smart, then why are they poor?
>>72095456
>you need to be smart to be rich
That's just blatantly falsifiable.
>>72091903
Top kek
I eat to gain weight for weight training, and I only spend 20-30 on groceries. The most expensive item I buy is pomegranate juice. Avocados are fucking .50/each and a week's worth of bacon or sausage is as low as $2.50
she's fat, stupid, and arrogant
>>72090578
I read this. I can't remember most points, but the main applicable ones are
>save a minimum of 10% of all you earn
>keep 10% to spend however you see fit
>increase the amount you save as your situation allows
>>72089621
A solid pair of well made shoes would last you easily 3 years.
75/10=7.5
3 months*7.5= 22.5 month
a little under 2 years.
Smart people understand that planning for the long term is necessary and financially responsible.
>>72095019
>Company A competes with Company B
>Company A needs a job with a very specific set of experience and skills to keep the business afloat
>Company B also needs that as well
>Company A pays that job shit wages and treats it like garbage
>higher qualified person takes offer at Company B because he knows as someone in demand he has more options
>>72095354
>capitalism gives the wrong things value
again, who is to say what is the "wrong" thing? If the market wants to pay for, let them.
>wasting resources
If you're talking about non-renewables, well that's a slightly different story, arguing that capitalism is using up the earth's resources is a different argument to saying capitalism is bad for the economy or bad for poorer people.
The beauty of capitalism is that if you imposed laws on not using certain resources in order to preserve them, the most technologically viable and efficient method of creating the same product will just take the place of whatever method has just been banned, and the prices will shift accordingly.
>>72095513
You don't but it also takes a real dumbass to stay poor unless you've got legit psychological issues going on that prevent you from holding down a job
>>72095604
She's obese and rants on tumblr about her "poverty"
Taking care of herself is clearly beyond her which is why she seeks to place blame with others because to accept such a reality is to admit that she has problems and God forbid anyone is responsible for their station in life these days
>>72095327
>>72095617
Only applys to experts and very skilled workers. Those are a very small minority.
>>72095818
That's a rather pessimistic way of looking at things.
Any average chump can start at the bottom of the ladder, learn the job, work hard, stick with it, deliver good customer service, impress their manager, get a promotion, work their way up, implement more efficient processes, inspire their team, be innovative etc etc
>>72089621
>poor people are some of the hardest working, creative, and smartest people I have ever met
>>72094797
It is, if someone is willing to pay for it. I know a researcher, a good friend of mine who completed his Ph.D not too long ago. He has a particularly strange taste in pizza, and finds it much easier to concentrate when he has just had a slice of this peculiar Pizza. While this is not something you will find measured on any metric, this particular researchers contribution to his field is enabled in part by the provision of this peculiar Pizza by his local family-owned pizza shop. It may have higher costs of production than chain stores, but it serves his purposes in a way that other pizza shops have not managed. Just to provide you with an anecdote as to how even the strangest things can significantly contribute to what you might arbitrarily defined as a contribution to society.
>>72096257
How rich are you, Canadian fag?
>>72095994
Right. So if you can impress your owner, he will give you more money as long as you can generate much more profit for him. You will alway be exploited by your master paying you less than your work is worth.
It's the same was mafia rules.
>Poor people are the Hardest working, most creative, smartest people I have met.
How fucking deluded. Poor people are the most brain dead persons I have known.
>>72096349
Not very, but I'm only 22 and still live with my parents.
this is flooding facebook.
Need good response. Anyone?
>>72096400
It should level itself out.
>>72096662
>>72096400
in case it was tl;dr, it basically says that in a competitive market, employers will pay you more wages if you can deliver more value, because they don't want their competitors to have the value you create, to the point where your pay increase will be equal to the value that you add.
>>72089621
>impossible to save money when you are poor
>yet poor people continue to marry and raise kids
I believe every person should wait at least till their late 30's to get married.
Why? So you can build your career and determine if you can afford to raise a family. Many idiots especially in my country marry off young people in their early 20's when they are oblivious to the realities of the world and then struggle their whole life in poverty.
A single man or woman with education can easily earn enough to feed themselves and pay rent. The problem comes in when children consume 80% of your income leaving you in desperation. This will also help solve the population crisis as resources are being stretched to the absolute limit.
tl:dr get a daki body pillow and stay single if you want to be financially in control in the current year.
>>72094483
>hurrr i should get paid if i dig holes and fill them back in for 10 hours a day in my backyard
Get out, marxist retard.
>>72093625
Can't we be rid of both?
>>72097513
>average child rearing age at 30s
Wew lad
>>72089621
If they were so smart and creative then they wouldn't be poor.
>>72097513
>kids at late 30s
welcome to autism central
t. man who was born to a 42 year old father and a 39 year old mother
>>72093558
there is a good reason most people are poor
>>72097983
I would have one child only, probably in my late 30's if I ever get married. I don't like children and I hate taking on responsibility. My life is equally important. I don't earn money like a slave just to send my kids to school.
Fuck that noise.
osha requires the employer to provide ppe. a company cannot force an individual to buy work boots without reimbursement
>>72089929
Had a son a year ago I'm 23. It's the best thing ever being a father. I graduated HS but that doesn't mean shit. I work 10.50 an hour 40 hours a week with some regular overtime of about 10 hours a week. Just find a full-time job that pays WEEKLY or gives you a Salary.
>>72089621
lol.
In order to be poor today in Bongland, you have to make a whole series of dumb-ass mistakes one after the other.
You have to consistently ignore and do the opposite of what you are repeatedly told by government, NGOs, your family, and your (smart) friends.
Here is a common example:
"Ive got hardly any money this month"
- Hey just dont pay the electricity bill, they wont do nuthin.
"Now I have to go on a pre-pay electricity meter which is 5X more expensive to run"
I love anything which fucks the poor, because they are there to be fucked, thats why they are poor. If it weren't for our welfare state I'd love recessions too, because they would utterly fuck them, which serves as an example to others that they dont want to be poor. As it is, its great if you are poor here and there is a recession, because the government doesnt reduce your free gibs, unlike workers who may get a pay cut.
>>72090381
Read much? While in high school I started mowing lawns and landscaping with a little help from my dad. When I graduated I stuck with it. Because of work ethic and personal responsibility I was able to grow it into a true business. While I'm not rich I'm far from poor. Now I can afford to do what I want, within reason of course. I think it matters to have a mother and father willing and able to teach you right from wrong and work hard to attain the things you want and not expect handouts. I was lucky
Women will never recognise that decisions have consequences.
They truly are no better than children.
>>72098240
I love how here in Glasgow they always bleat on about austerity etc, when it is unbelievably difficult to be poor here.
You get FREE university, and student loans which you pay back as a tiny proportion of your income over many years once you are earning over a certain amount. Choose a course that will actually get you a job, and you are sorted.
Instead, these bastards sit around drinking and smoking with part time work, if any, financing new cars / laptops / phones etc and then complain about how "the Torys" are screwing them over.
I fucking hate the poor.
>>72089929
fpbp.
You don't have to be particularly good with money if you make good life decisions.
>>72095354
>wasting resources is probably not a great move
Define it then.
What exactly makes something useful to society?
Dunning-Kruger effect
>>72089621
KEK
Honestly I don't have a great Job and my GF only works part time since shes studying but we save at least $150 a week
>>72098805
what is society to a market?
god to a market?
a ghost to a market?
the patriarchy to a market?
>>72098651
>I fucking hate the poor.
I hate the welfare-addicted underclass. I also hate the public sector workers who suck up my council tax to fund their own pointless jobs and unearned lifestyles.
>>72089621
"I would need that extra $65 for the power bill, groceries, gas, car insurance." then maybe don't spent so much of your time on the computer posting on tumblr to shave off a bit of that power bill, buy less and cheaper food you landwhale and don't do excessive driving to cut down on gas costs.
>>72098955
>god to a market?
>a ghost to a market?
>the patriarchy to a market?
Well without knowing what you mean:
The answer is that they're particular networks of sales transactions.
>>72099014
>tfw living the life on my £125 a week with mummy wummy
>>72089621
the image is correct, there are significant hurdles to being poor.
Cheap Chinese made goods are exacerbating this problem, the goods aren't durable enough to be worthwhile. Essentially the money is wasted, because the goods are useless after a certaint period of time, or with a mild amount of use.
Save the fucking money, buy quality goods. It's the only way. I am very interested to see what happens when the cheap chinese shit goods are taken off the market.
Pic related is a Chinese good that isn't terrible, oddly. Something tells me if I try to use the pressure switch end-cap the cord will get yanked out of the end-cap though.
Fucking Chinese shit, it's just too easy to fall for it.
>>72099579
Good for you mommy's boy.
>>72098955
?? Make sense nigger
>>72095251
so you saved $50,000 by saving $75 per month for over 60 years and then 25 years after that you are living a life you only dreamed of? wouldn't you be like 85 years old minimum right now or more likely 100+ and about to die?
>>72089621
>all these naysayers
yeah maybe everyone can get rich in america
here poor people get paid 40% of the average pay in EU countries yet all products services and necessities cost the same as the EU
impossible to just "not be poor" if you are already poor
>>72089621
>poor person: I shouldn't have to pay any tax because you don't pay enough!
>me: I've personally, through income tax, VAT, corporation tax and NI contributions, generated nearly £200k for the government in the last 5 years, I think I pay enough tax, and I've probably already paid more by the age of 30 than you will in your entire life
>welfare cunt: NO YOU DONT
fuck off.
>>72099820
Furthermore, cheap labor producing inferior goods are actually lowering the standard of living for Americans.
I would agree that it's bad advice to tell someone who is dirt poor to buy the more expensive things because they'll last longer. You aren't going to spend your way out of poverty at that point. If you need to dress well for an interview or something, there is nothing wrong with getting $10 loafers from goodwill, I assure you that HR at Walmart isn't going to look into the brand, quality, authenticity, or age of your shoes. I'm not even sure if you'll find people who care that much when hiring for an 80k/yr job. Your shoes aren't ratty as fuck? Then you're good in that department.
Where she fucking loses me is that capitalism is the problem and that poor people are already hard working and cleverly thrifty. If poor people were so smart about stretching pennies and prioritizing expenses, then they wouldn't be poor for much longer. I would seriously love to see an accurate budget from one of these perpetually poor people who say the system is the problem.
If they don't have a budget, then oh wow look I just found their problem. That was hard.
>>72100416
I'm a professional cowboy and I use catheters. Been cowboyin' for 25 years. I've had 14 broken bones, 2 concussions and a punctured lung. I know pain and I don't want any more of it. Especially when I cath.
>The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money.
>Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles.
>But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.
>This was the Captain Samuel Vimes 'Boots' theory of socioeconomic unfairness.
Her boyfriend is apparently captain of the watch.
>>72100870
So you still want your cheap chinese catheters?
That's fine.
I'm thinking anything not made of plastic is better left to US/German/Europe mfg though.
>>72089621
Me and my best friend both left home at 17 and rented a shitty apartment in a rough area together. It was kinda hard but we both left with thousands in the bank.
>>72101016
Even reaching high status Vimes still sported his shitty boots though.
>>72101016
Take the shitty cheap boots off the market and see what happens.
>>72089621
I fucking hate this bullshit argument about how capitalism is so fucking amazing that it can never do wrong almost as much as i hate the argument that capitalism is the root of all evil.
All social and economic political ideologies have flaws that need to be mitigated or averted with the policies belonging to other social and political ideologies.
>>72101660
Anyone who truly understands capitalism knows that it will never eradicate poorness or poverty, there will always be 'pockets' of poverty due to changing circumstances. The best prevention against your own poverty is to save money. Those who don't do this will suffer (and undoubtedly beg for help)
>>72089621
nothing is evil if it is "good" by fiat
>>72101899
those 'pockets' of poverty have so far been the majority of the economic system and this gap between those in poverty and those who are not is only widening
Ultimately though the real issue is corruption spread by private interests, and to a lesser extent unions and special interests. Corruption is the #1 issue these days and i refuse to support any politician that doesnt have it on their radar.
Lmao these people make me laugh. My grandfather was a dirt poor farmer who saved enough money to move to a big city. He and my grandmother worked in factories. My mother worked three jobs to afford medical school. Now I'm third generation going to an Ivy League school because of my families sacrifice. It's good to be an American
Requesting Asian meme chart compring them to blacks.
>>72090571
If you go for the real long run (>15 years) stocks are always a good idea. You'll be fine
>>72102172
the pockets of poverty are often a result of wealth redistribution methods anyway. All forms of social welfare have done more harm than good and created a culture of reliance on handouts.
Poverty cannot be defined anyway. In first world countries it's done by relativity which is utter BS. Here in UK you can be officially in poverty whilst living in relative comfort with all the latest gadgets compared to the rest of the world.
Anyway, when a country adopts capitalist principles and increases everyone's well-being (as had been done for millions in the last few decades around the world) - the country then moves onto social measures to aid the unemployed, retired, disabled etc. Then it goes backwards again, because welfare creates more poor people.
I just got a job at walmart making 9.50 and hour.
I am making more money than anyone in my family has in 30 years.
People who say you can't save money, or buy what you need when you are poor don't know how to be poor.
The last pair of shoes I bought cost $100. I bought those shoes 8 years ago, they are only just now needing to be replaced.
I make $1520 a month. my rent is $500, I spend $300 on food each month. $20 on water, $15 on gas, $60 on electricity, and $60 on an internet connection.
That leaves me with $565 dollars every single month to spend or save as I need.
Being poor is only hard if you're stupid
>>72102242
your grandfathers real wages and economic prospects (real estate vs wages, job opportunities) were much better than they are now. I have a good career and a reasonable job and unless my career takes off in a big way it is unlikely i will be able to afford a house in aus for decades.
>>72102535
>All forms of social welfare have done more harm than good
thats a fairly broad and fucking retarded brush you're painting with there. Take for example microloans, small loans with very low interest given to poor people in order to do things like buy a car, fishing boat, or whatever they need to make money. Many even consider this a form of charity, but its effectiveness is undeniable.
There are rational reasons to put in place forms of social welfare, and rational ways to implement said forms.
Measures like spending on education (in working education systems at least, sorry america) have been measured extensively and their economic benefits are undeniable.
