I Love Being Poor

I Love Being Poor
Money and social class is such a touchy subject. Then again everyone loves it. People that don’t have it will do anything for it, and people that have it will do everything to keep it. Money is a drug in a way. People feign for it just like a drug attic feigns for whatever drug they are addicted to. Therefore the question of what is the difference between the rich, and middle class, and the poor? What are the causes of the increasing gap between the rich and the poor today? Why is money so important? There are so many other questions that come to mind. The interesting thing is they all have different answers but somehow they all seem to result in the same thing.
So let’s begin with the simplest question first. What is the difference between the rich, the middle class, and the poor? The vague answer would simply be the amount of money they own or make. In all honesty the obvious explanation is the work ethic and the experience. For example poor people most likely won’t have the opportunity to do things that people with more money will be able to do. Therefore they won’t have enough/the same experience. In result they won’t qualify for high paying jobs. As far as their work ethic some poor people have very good work ethic and others don’t. For the simple fact that some poor people don’t like how they live and are determined to “get out of the hood.” While other poor people just accept that being poor is their life. The middle class is almost the same. They have a little bit more money than the poor. So they have the choice to get the experience that they want if they can pay for it. Nine times out of ten middle class people will go broke paying for things to get more experience. This is where the work ethic kind of comes into play. They will go broke paying for a whole bunch of different experiences but as soon as they get enough experience for a job they are satisfied with they will work 100 times harder to in a way get their money back. Also so that they can live comfortably. Basically so they won’t have to live from pay check to pay check. Therefore the poor and middle class are somewhat alike but are different in many ways.
Now for the rich. Initially the rich in my opinion don’t have any experience at all but they have what seems like to be and endless amount of money. So they can pay to go through any experience they want. Something that they don’t have and can’t pay for is real life experiences. No matter how much money you have there are just curtent things that you can’t pay for. Their work ethic goes as far as what they love doing. If they love doing something they will do everything in their power to make sure it thrives and it is a success. Then again they gave money so if they don’t love it they don’t have to do it to survive like the poor or the middle class. They can just put their money toward something else.
Now for a little bit more challenging question. What are the causes of the increasing gap between the rich and the poor today? According to The Economist, “If all Americans were set on a ladder with ten rungs, the gap between the wages of those on the ninth rung and those on the first has risen by a third since 1980. Put another way, the typical worker earns only 10% more in real terms then he counterpart 25 years ago, even though overall productivity has risen much faster. Economists have long debated why American’s income disparities suddenly widen after 1980. The consensus is that the main cause was technology, which increased the demands skilled
Workers relative to their supply, with free trade reinforcing the effect. Some evidence suggests that institutional changes, particularly the weakening of unions, made the going harder for people at the bottom.” Basically this means the gap has increased because the change of the world and society, and people’s needs. The internet became very popular so a lot of people that have experience with working with orders and people who can supply what people need got the jobs that a normal office worker would get. They get paid more than an average person.
Now for the question that often comes to my mind. Why is money so important? Personally I don’t think money is important. Society has made it so you need money to do almost everything in today’s time. With that being said I guess in a way money is important. For the simple fact without money you get absolutely nothing.
According to “The Rich Are Different from You and Me by Chrystia Feeland, “These global super rich work and play together. They jet between the Four Seasons in Shanghai and the Four Seasons in New York to do business; they descend on Davos, Switzerland, to network; and travel to St. Bart’s to vacation. Many are global nomads in common with fistful of passports and several far-flung homes. They have more in common with one another than with folks in the hinterland back home, and increasingly, they are forming a nation unto themselves.” To simplify this text it is just saying that they rich stay with the rich and continue to keep getting rich. While the other people continue to keep working hard to simply stay in the same financial state that they are in.
The moral to the story is no matter how hard the poor and the middle class work to become rich they will never get there. Society says that the rich will be and continue to keep getting rich. Therefore the increasing get between the 1 percent of the population and the other 99.9 percent will continue to get bigger.