Tuesday, January 10, 2012

The so called gap between the rich and the poor.


Who is creating the so called yawning gap between rich and poor?

The answer to that question must come from the poor themselves, or those who consider themselves to be in some way economically disadvantaged. They form a large group, a group that has collectively massive spending power, coupled with the desire to appear prosperous. There is no better way to do that than spend money that you do not have, driving up the demand for 'stuff'. Manufacturers sense this demand and they produce so that the so called poor can have what they want, at a price of course. Everbody should be happy.

But everone is not happy.

There are a few that blame the wealthy, but how can they be responsible when the demand is feasibly created by the so called poor, by spending money they do not have. Blaming the rich is a scapegoat. The situation is compounded further by the multitude of things that are considered necessary, the smart car, the big TV, the out of reach home and the wardrobe stuffed with clothing that is hardly ever worn.

The wealth gap seems to be caused not by the rich, but the unreasonable demands of the poor.

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