The future of the GOP

Epignosis wrote: Dean wrote: Epignosis wrote: Dean answered for me. Dean wrote: Q: How do you get good at anything? A: Practice.   Of course poor people can't manage something they've never had because they've never had any wealth to practice the art of managing it with. What they can manage is the megre amount of money they do have, but by no stretch can you call that wealth. Of course they'll spend any little surplus there is on luxuries, who wouldn't. Even rich buggers with more wealth than they know what to do with have "bitchin TVs" ...       People who have never driven a car also tend to suck at driving cars.  Sorry.  Maybe I need some statistics on that before people here believe me I did not answer for you.   Epignosis wrote: Most poor people cannot manage money and never will. People who get the opportunity to practice driving a car will get better at it. This we know because there is a driving proficiency examination to test that. I imagine there could be a few gifted people who could learn to drive a car by watching rich folk being chauffeured around in limos, but I think they would qualify as being a statistical anomaly.   Poor people manage money everyday and if I were to make a rash generalisation I would say they could probably manage a budget far better than people who don't worry about where next month's rent is coming from. Of course some of them get into debt, and wealthy people get into debt too - it's just a matter of scale - and some of them do by "bitchin TVs" when they have a few hundred bucks spare, just as a wealthy person would by a Lamborghini or a second home when they have a few thousand bucks spare - it's just a matter of scale, not bad money management.     I never said poor people have the opportunity to practice managing wealth.  I said poor people don't have the skills to manage wealth most of the time.  There are a few people who have never tried but manage wealth very well. I never said that the poor cannot "manage money."  I have been poor but have been good at managing mere money.  I have never managed wealth. When some of you can use a damn dictionary, then maybe we can move forward.  Hmm? mon·ey/ˈmənē/ Noun: A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively. wealth/welTH/ Noun: An abundance of valuable possessions or money. The state of being rich; material prosperity.

Epignosis wrote: Even if you took half of what all rich people had and gave it to the poor, you would have the same rich-poor dichotomy in perhaps fewer than two years.  Most poor people cannot manage money and never will.  They will spend what they get on goods and services, and their spending will benefit businessmen and their investors.  In a short period of time, they will be poor again.

Now as to my ability to understand the difference between Money and Wealth may I request that you employ your skills as an educator to grade my usage of the words in the following quote from my earlier post:

Dean wrote: What they can manage is the megre amount of money they do have, but by no stretch can you call that wealth

Dean wrote: if I were to make a rash generalisation I would say they could probably manage a budget far better than people who don't worry about where next month's rent is coming from

Epignosis wrote: Evidently, we have a few participants here who think that most poor people can manage businesses, real estate, and investments.

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