Avenue-X--Jenna Banks Dismisses the Fact, Again, That People Have to Work Hard to be Rich

[quote] Jenna Banks' response to Sean

I am aware of that myself, I have worked more than 1 job, and been taxed for both of them.

And my mom makes that much being a Teacher now, she held more than one job to get her through college. The purpose that comment was to say that just because someone is wealthy, dosen't mean they worked hard to get there, contrary to Republican beliefs. [/quote]

You slam other people's "generalizations," yet here you are making generalizations.

Your comment missed Sean's point.

It takes a lot of hard work to remain wealthy. It generally takes more work than what it takes to remain in the middle class.

One thing that most Democrats don't realize is that people don't always stay rich. This boils down to the personal choice and decision angle that I argued earlier. If a rich person makes the wrong career, business or investment decision, they won't be rich for long.

When the stock market tanked, many people went from being rich to being poor. Lots of wealth got lost. People who didn't move their money out of financially sinking assets ended up losing a large chunk of their wealth.

It takes hard work to know the current macro and micro economic pulse in this country... or around the world... in a way they could translate them into practical, working, business decisions.

There's so much work involved with this. There are publishers whose main business purpose is to sniff these conditions out... and sell their information to people who have to make tactical business decisions.

A person still has to use their own resources to verify the publisher's information... then act on it.

That's just one aspect of a wealthy person's life.

A lot more is involved with running corporations and large businesses. It's mentally harder to work in these conditions than it is to work for the government. The free market penalizes poor decisions. It does it financially and quickly. No appeals process, no "give me time to correct this" periods. The free market is swift.

Someone working for the local, state or federal government, in a civil capacity, could make a bad tactical decision, not meet mission objectives, and so on. They're protected from the free market.

That difference leads to another result. Those working in a free market influenced organization generally have to work harder than their civil service counterparts.

Here's what Sean et al were arguing.

People who're continually wealthy remain there because they made the right decisions. They did what they needed to do... they made the sacrifices they needed to make... they made the right decisions... they expanded calories doing what they needed to do to learn new skills.

Forcing them to give more than their fair share penalizes them for succeeding. It'd discourage people from putting in that effort.

Even those that were born "with a silver spoon in their mouth," have to work hard to remain rich.

What was the use of that comment? That is frankly, bullshit. Many dems are highly paid and still believe in helping others via taxes and charities. A few of the America's richest people are democrats and other types of liberals. By saying that you are insinuating that they are all poor, another generalization that is not based on ANY fact. ~Jenna Banks

None of your generalizations, on Republicans, is based on fact. I guess with the opposition, generalizations are OK only if they're against the Republicans.

It's good that many Democrats are highly paid. It's also good that these folk still believe in helping others via charities.

Now, if these same Democrats believed in helping people get back on their feet via tax dollars, I'll agree with them. If you say that they believe in helping people that permanently can't help themselves, via tax dollars, I'll agree with them.

Now, if Democrats believe that we should force people to pay more taxes, 'so that we could help others,' then that's where I start disagreeing with them.

Despite the welfare reform that the Republicans forced on Clinton, we still have people abusing that system. When Obama got elected, we actually had people cheer that they could now work less... and get more government aid for their living.

Really?

I don't want to lose more from my earnings, so that people like that could leech from the system.

Sean also has a point with his "poor" insinuation.

Most the people that argue that the rich should get taxed more aren't rich.

Most liberals love to be generous... with other people's money.