| txrattlesnake said: I might be wrong on the gas thing (though the reason gas probably started coming down in July of 2008 was because Bush was on his way out of office), but I don't think it has much of an overall effect on my general thesis that one of these days I don't think the poor will continue to go along with the poor stay poor and the rich stay rich mentallity which will eventually result in the same kind of climate that produced heroes of the poor like Robin Hood, John Dillinger, Bonnie and Clyde, Billy the Kid, and the James Gang.
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You utterly fail at economics. Bush doesn't control the oil supply for the majority of America, OPEC does. The price of crude oil is invaribly tied into gas prices. So unless Bush controls dozens of countries, his transitioning out of office had nothing to do with it.
Let's look at oil prices on the SAME graph I showed you:
Now, here's the point of the graph:
Oil prices also changed when the recession hit - not just American or Canadian oil, but the entire global oil industry. No one man, even Bush, could change that. It took a global recession to cause prices to go down. If you cannot understand that, then you really have no grasp of economics.
Now, for the 'poor will always be poor' statement:
It really comes down to how stupid the population is when it comes to money. The real underlying issue of creating wealth for anyone is how much they can save their earnings, rather than spend them. Unfortunately, our society spends much and saves little. Even poor people have a penchant for stupidity when it comes to how they spend their time and money, and this causes them to be poor.
You may disagree with that statement, but it is truthful. I fully understand that poor people have less discretionary income, but they also spend what they have in such a way to ensure that they will never get ahead. Successful people that are upper-middle to rich do not do this. As it stands, Americans watch an average of 151 hours of TV per month. That's approximately 5 hours of television per day. How much wealth do you think is lost during that time, where those people in the average could be participating in a revenue-generating activity? There are dozens of correlating factors, but it all comes down to the issue that you will be poor when you don't save. And if you aren't learning how to generate more income (or reducing expenses which the poor could easily help), then you will always be poor.
Anyone in the country can go from poverty to riches, but the problem is that few people want to take the time, and put the extra hours in to do it. If you want to start a thread (or I can) about how to generate wealth, we can do that. I even am working on a blog concerning how to become wealthy on minimum wage, so I'd love to discuss it with you.
Back from the dead, I'm afraid.
