The Rich Get Richer, The Poor Get Poorer In The U. S
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Voting Style: | Open | Point System: | 7 Point | ||
Started: | 12/7/2018 | Category: | Politics | ||
Updated: | 3 years ago | Status: | Post Voting Period | ||
Viewed: | 554 times | Debate No: | 119382 |
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Although it is true that the rich get richer, The poor also get richer. This motto is false and misleading.
I would disagree with you, Over the fact that the poor also get richer. Typically speaking the rich take money from investments and further invest, Which in turn cause them to earn more money. On the other hand, Typically speaking a poor person would not get more rich or more poor but would become more poor due to the unwise decision of taking on further debt. Poor people make drastic decisions to purchase things that are not needed but wanted. Like cell phones, Named brand foods, And named brand clothing. The rich have the ability to earn more easier. The poor typically make worse decisions under the delusion that they should spend money while they can because they don't know when they'll have it again. In most cases I would say you are wrong, Also, You can't count inflation into your equation, Technically they would make more but the value of their money would be worth less. |
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Posted by billsands 3 years ago

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Posted by hotshotsmith1 3 years ago

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Posted by hunny14 3 years ago

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