We Were So Poor – The Robin Hood Effect

Financial wake-up call We Were So Poor…Lessons From Living Down and Out: A series of people talking about what it was like to live poor when growing up. One point that is emphasized is that there is a difference between being broke and being poor:

“Broke” is temporary. It’s running out of money before you run out of month (and being thankful that Seattle is overgrown with blackberries in the summer, because at least you’ve got a free source of fruit until the next paycheck comes in).

“Poor” is something else. It’s hunger, and clothes that don’t fit, and homes that are uncomfortable and unsafe. It’s not having enough or even the prospect of having enough.

The stories will make you appreciate what you have, no matter how little that may be.

We Don’t Like People That Make More Than Us: A new study shows that we don’t really like it that others make more than we do and if given the chance, will redistribute the wealth taking away from those that have more. The good news is that we also are willing to help those that are less fortunate.

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3 Responses to We Were So Poor – The Robin Hood Effect

  1. TF Miser says:

    That should be “we were” so poor not “we we’re” so poor.

  2. tecwzrd says:

    No shock that the “study” of people not liking the “rich” came from CA university students who most of them aren’t even in the workforce yet. (or as I like to call them the “ME generation”.

    I’m so tired of hearing how evil the rich are and how we should take all their money. So many are clueless about the Alternative Minimum Tax that soon a very large majority of us are going to be considered “rich” by the Government standards.

    When liberals start talking about taking away the profits from the evil rich companies (Like Hillary said about taking oil profits to fund alternate fuels) the average person says “yeah, sock it to them” but doesn’t stop to think about how the oil companies are going to recoup lost profits. (hint, possibly raise prices for consumers)

    And speaking of oil’s “obscene profits” no one in the media talks about the “net profit” which after costs of getting/producing oil is around 3%-4% which is about most companies net profit.

  3. pfadvice says:

    That should be “we were

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