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Forum Post: Reasoning for Income Gap?

Posted 2 years ago on April 9, 2012, 5:26 p.m. EST by hchc (3297) from Tampa, FL
This content is user submitted and not an official statement

I have to wonder that a big part of the income gap that has developed in this nation over the last 30 years is due to the masses inabilty to control themselves.

I watch those my age (I'm 31) spending their money on the most insane things. I friend of mine just dropped 600 on a phone. His other one worked fine.

Another friend got his tax return and blew it all on a vacation. This guy barely has his head above water, and now he's blowing every last penny.

I dont think the rich treat their money like this. Im pretty sure that investment is priority number one, and fun is afterwards, from what Ive seen.

Not saying they havent rigged the game in their favor, but the 99% certainly hasnt helped themselves with this wreckless spending the last 30 years.

Thoughts?

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268 Comments


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[-] 2 points by jph (2652) 2 years ago

The income gap has absolutely nothing to do with individuals spending habits,. it has eve