Current Events > I don't get why some people say the rich and wealthy mooch off the government

(+) Yeah! (+)

But raising minimum wage leads to a whole bunch of more problems.

Thats just the way society is structured that a large bulk of people will settle for minimum wage jobs and have no ambition to go further. Their circumstances may be all different and some unfortunate where they have little choice. But most of these people will not really look to advance their careers or look to other career paths. You can't spoon feed everyone in this world.

And yes my solution to you is that you should've worked smarter. So while you were at this thankless corporation, you should've been doing something to invest in your future. These jobs only get you so far. You should've brainstormed different career paths that can make you happier and earn you a better living. Thats where the "hard work" comes in. Being efficient at a job that leads to nowhere is not smart. Maybe save some money and go to trade school. The common example I give is truck driving. It'll be like 3k for driving school and after that you can easily clear 6 figures with benefits being a long-distance truck driver. And while you drive you can listen to audiobooks on management and business ownership, and eventually save enough to buy your own trucks and start a business. I have multiple friends who have no college education who have done this and have become very wealthy. But theres a difference in people. Some people have that ambition to go to the top, others don't and their happy just driving the truck for the rest of their lives. While others won't think twice about working in the warehouse for the rest of their lives.

And macroeconomics doesn't work the way you want it to. You cant just pay everyone a higher wage and drop rent prices for everyone. Everyone will have a ton of spending money, demand for everything will go up, prices will go up, inflation will be rampant, and now you'll be complaining again that you don't have a livable wage because prices of everything went up. A perfect example of that is what happened with housing in the last 3 years. Mortgage rates were very low, yay now everyone can afford a house. uh oh, house prices skyrocketed 40%, now no one can afford a house. Look whats happening now in the economy, wages are going up....up 8% for job-jumpers who quit their old jobs for new higher paying jobs. Thats all great, but inflation is staying super high.

Its simply the way the world works.

I do think the government can do more about controlling rent and house prices. I think they should do more to protect the common people. But raising minimum wage leads to a whole bunch of more problems.

I'm very confused? You do know that plenty of people try this all the time and still get nowhere when they're working both smarter and harder than the mega rich, right? Being at the time and place to eventually become a billionaire, or even millionaire is just not possible for most people. No matter what they do.

If your goal is to be a billionaire you're already fucking up. Your goal should simply be to develop a career that you can live comfortably on...aka...pay a rent/mortgage, basic necessities, support a family, pay for leisure, save for retirement.

These plenty of people simply aren't doing it right, I dunno what to tell you.

I will say this, one of the big advantages that kids born wealthy have over kids born poor is that the wealthy parents can teach their kids HOW to succeed. The kids are equipped with that knowledge that guides them through the right path. Poor kids have to find that on their own. These people simply aren't going on the right path, which sucks for them. But some do go down the right path and those are the success stories. These disadvantaged people simply have to work harder and smarter than others.

Everyone has access to the internet these days, so literally anything is possible.

If your goal is to be a billionaire you're already fucking up. Your goal should simply be to develop a career that you can live comfortably on...aka...pay a rent/mortgage, basic necessities, support a family, pay for leisure, save for retirement, and save some for investing. Obviously aim high but I see so many idiots thinking they're gonna be the next Zuckerberg or Bezos....these guys need to stfu and be realistic.

These plenty of people simply aren't doing it right, I dunno what to tell you.

I will say this, one of the big advantages that kids born wealthy have over kids born poor is that the wealthy parents can teach their kids HOW to succeed. The kids are equipped with that knowledge that guides them through the right path. Poor kids have to find that on their own. These people simply aren't going on the right path, which sucks for them. But some do go down the right path and those are the success stories. These disadvantaged people simply have to work harder and smarter than others.

Everyone has access to the internet these days, so literally anything is possible.

The truck driver should work into his 40s out of school and and start a business and..? He's not getting corporate bailouts. He's not getting loans. He can't afford to pay a lawyer to find him tax loopholes. He doesn't already have business contracts.

I will say that alot of the mega rich are investors in this country. Investing is a high risk high reward game that takes alot of skill. The best come out on top but theres obviously some luck involved.

If you truly believe in yourself and think you're a harder worker than all the billionaires combined, then why don't you guys take out student loans and go make a new career. Its obviously risky but if you succeed you'll be in a better spot than where you were.

He definitely worked hard to get to where he is right now. The dude works 24/7 to grow his company basically.

Without his idea of creating Amazon, lots of those employees wouldnt have the chance to work for him right now

You're right, they'd work for more local shops that evenly compete with each other in prices and wages.

im sure they worked hard for all of it

I'd rather we force the rich and the government to take care of it all.

Thats just the way society is structured that a large bulk of people will settle for minimum wage jobs and have no ambition to go further.

I know its cliche for people to accuse the lower socioeconomic classes for wanting free handouts but you are literally just asking for handouts.

If you're a NEET then just admit it, it would end this discussion quickly. And in that case, maybe consider moving to Canada. The government does alot to help their lower socioeconomic classes and healthcare is free. People are generally very nice. Its a beautiful country. I don't think NEET will qualify for a visa though.

If your goal is to be a billionaire you're already fucking up. Your goal should simply be to develop a career that you can live comfortably on...aka...pay a rent/mortgage, basic necessities, support a family, pay for leisure, save for retirement, and save some for investing. Obviously aim high but I see so many idiots thinking they're gonna be the next Zuckerberg or Bezos....these guys need to stfu and be realistic.

These plenty of people simply aren't doing it right, I dunno what to tell you.

I will say this, one of the big advantages that kids born wealthy have over kids born poor is that the wealthy parents can teach their kids HOW to succeed. The kids are equipped with that knowledge that guides them through the right path. Poor kids have to find that on their own. These people simply aren't going on the right path, which sucks for them. But some do go down the right path and those are the success stories. These disadvantaged people simply have to work harder and smarter than others.

Everyone has access to the internet these days, so literally anything is possible.

I honestly feel like I've guided several of my friends and younger cousins and nephews in the right direction, so I feel good about my optimistic stance. Some of these guys really put the work in and they are better off for it. Others I can just tell don't have the motivation or ambition to go too far and they're just settled. Some are job hopping laterally all the time. Others are simply going up in their field/company.

In this and other posts you've used your own examples to justify your argument, so I'm not sure if you are trying to state facts or an opinion. I want to make sure I understand your position first - you believe most anybody can be financially successful due to the internet and if they want it enough? That while there is an element of luck/bad fortune, you feel it is minimal?

Also on a related note - how exactly are you quantifying Bezos "working as hard as the worker"? You said he worked 24/7 - when did he do this?

In this and other posts you've used your own examples to justify your argument, so I'm not sure if you are trying to state facts or an opinion. I want to make sure I understand your position first - you believe most anybody can be financially successful due to the internet and if they want it enough? That while there is an element of luck/bad fortune, you feel it is minimal?

Also on a related note - how exactly are you quantifying Bezos "working as hard as the worker"? You said he worked 24/7 - when did he do this?

the thing is

Amazon has a bigger chance of existing in 20 years than those local shops

the thing is

Amazon has a bigger chance of existing in 20 years than those local shops

My God this topic is embarrassing.

Hard work is a very vague term, and thats why I keep emphasizing work smart and invest in the future. You may be the greatest construction worker of all time, be able to do the job of 3 people by yourself. You may get a small raise from time to time, but the job ends not far from where it started. What I propose is, look for ways to truly advance your career. Save up some money, buy your own tools, learn some new skills, and maybe do carpentry work on the side, start your own business. Take a loan if you need to to start up your business. As you work hard and your name gets out, you get more business. Then hire some employees. Keep expanding. Next thing you know you have a successful small business, make great money, and the sky is the limit if you want to keep expanding. Ultimately its your skills that will make your money, so invest all your free time early on to learning these new skills, so you can eventually breakout. Does that make sense?

I did exactly what you said in the other post you made, and what people don't realize is that you *will* fail and a lot, but then they get these shitty attitudes like you are seeing here and then that traps them into the reality they're in now.

I remember when I was working for walmart at $7.95 an hr, I'd try hard to find anything that paid more and I chased the $$$, not the title as most people do. As long as I made the money, I didn't care how unglamorous of a job it was. Also, at that time, I quit college because I didn't want to get into the debt I foresaw just for a degree -- as well as also seeing so many people at walmart with degrees... yet are there with me. Instead, I invested that money and eventually bought a bread delivery route, then another, and then another, and I worked damn hard, 80 - 100 hr weeks sometimes, to get to the dollar amount I make now. From $7.95 to six figures... essentially doing the same job: stocking shelves. That's how you work smarter and work the system.

There is only so much business to go around

This opinion is incredibly out of touch with reality. I was being facetious calling you a NEET but now I'm actually starting to believe it. There is a TON of demand right now in so many different areas. It takes effort on your part to find these areas and develop a niche, but there have been insane opportunities in the last 2 years.

He definitely worked hard to get to where he is right now. The dude works 24/7 to grow his company basically.

not everyone needs to make 500k a year
some people just want to live a decent life, pay their bills, and party on the weekend or take their family to sunsplash without having to work 2 jobs
people working full time 40 hrs a week shouldnt have to live paycheck to paycheck in the richest country on earth especially when theres others out there buying yachts(plural) worth more than 3 generations worth of income.
not even gonna mention the health care crisis

im upper management at one of the biggest retail businesses in the world and i get to see the greed first hand

also to the brainlets mentioning how we have it so good compared to other countries...the irony lmao. especially when countries like ours helped perpetuate some of these situations. see: latin america

Tell me how every single American of working age can successfully a small business simultaneously

what is at discussion here. TC's topics are usually garbage

Are rich people leeches on society

i mean yes. idk who in this topic is rich but it has more than 90 posts.

Are rich people leeches on society

Again you're completely missing the point. It serves me no purpose to explain it to you further, I've clearly explained my point in my previous posts.