Main reaaon for economic poverty in USA ?

Discussion in 'Economics' started by Innervoice, Dec 7, 2022.

  1. Nobert

    Nobert

    No mental ,,hunger" for more.

    If you really want something, you work your but off.
    Otherwise, keep dreaming.
     
    #11     Dec 7, 2022
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  2. Handle123

    Handle123

    #12     Dec 7, 2022
    ET180, jl1575, beginner66 and 3 others like this.
  3. No doubt this is why Washington DC is not a state /s
    This was true once, when there was a semblance of balance between population of US states. It is so grossly out of whack that this argument no longer holds. Wyoming also does have 1,270,000 cows so that counts for something I guess
     
    #13     Dec 7, 2022
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  4. Pekelo

    Pekelo

    Just give it a few more decades, wealth will eventually trickle down.
     
    #14     Dec 7, 2022
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  5. blink18

    blink18

    Parents, friends, knowledge, discipline, risk aversion, location, health, LUCK.
     
    #15     Dec 7, 2022
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  6. Businessman

    Businessman

    Low iq, low work ethic, mental health issues (that negatively effect your work).

    The ideal would be someone with High IQ, High work Ethic and no Mental health issues.

    Even how hard you work is something you are born with. You can probably boost it a little bit for while. But will probably baseline back to your natural level.
     
    #16     Dec 7, 2022
  7. #17     Dec 7, 2022
  8. wartrace

    wartrace

    Not understanding the power of investment and compounding. People tend to spend everything they make and then some.
     
    #18     Dec 7, 2022
    murray t turtle likes this.
  9. sridhga

    sridhga

    1. Education
    2. Education
    3. Education

    You let highly educated Indians in. So you think they are in tech industry, they are bosses etc. You let in South Americans jump the wall. Educated people don't jump the wall. So your perceptions(biases) of Indian bosses and Latinos is formed. On the contrary, there are as many uneducated Indians and professionally qualified Latinos who did not migrate to the USA.

    Some of you may say street smartness could outsmart education. But you need some education even to realize that. World over, modern education is going astray. Standards are deliberately being set low to let more people graduate. I am not sure if this is good or bad. But, we must accept the fact that not everybody can go through the educational hoops with the same caliber. Prosperity hoops are similar too.

    One flaw in modern education is that, it is promoting greed, selfishness without any consideration for fellow humans/living beings.
     
    Last edited: Dec 7, 2022
    #19     Dec 7, 2022
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  10. MarkBrown

    MarkBrown

    [​IMG]
     
    #20     Dec 7, 2022
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