Smart, Rich Conservatives versus Poor, Dumb Conservatives

[All Along The Watchtower]

The implication that rich people are smarter than poor people......

[All Along The Watchtower]

The implication that rich people are smarter than poor people......

The point, I think, isn't that poor people are dumber than rich people, but that poor people don't know how to be rich (how to preserve wealth, how to behave with a lot of money). We see this a lot with lottery winners; how many declare bankruptcy within a few years? It's not a matter of being stupid. It's a matter of not growing up privileged and never being told how to manage their finances, which is not something most people, rich or poor, know intuitively. People who grew up in the upper middle class or higher have that advantage. People who grew up poor don't. Those few who actually make it from poverty to extreme wealth are mostly pretty smart to begin with and can figure it out. We even see the poor decisions of those who made it to money without brains (think not just lottery winners, but celebrities like Britney Spears or any random pro sports player).

Obviously not the only thing that's going on, but does explain why Trump is so popular with low-income segments of the Republican base.

If this is the case, how do you explain the many trust funders who don't know how to handle life in general, much less personal finances?

Also, Trump's father was a wealthy man, so I'm not sure what your point is there.

[All Along The Watchtower]

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Your analysis would be more believable without the D-NJ. FWIW.

Speaking as one of those low-income voters - why do I support conservativism? It's because I can't afford to waste money on the latest fashionable cause de jour, and I certainly don't like liberals like you taking my money and using it to fund the things that you want.

Perhaps I would be a liberal - if I worked in the government or for a union. Then I'd be making lots more money then I do now, and I could afford to be a liberal.

I don't like conservatives taking our money and using it to fund wars for profit. That goes both ways.

[All Along The Watchtower]

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Which is why we are spending 2/3rds of a trillion dollars just on overhead for welfare, and only 1/3rd of a trillion on the actual recipients.

Would you donate to a local charity that spent 2/3rds of your money on administration?

It must be nice to have your own facts.

    

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http://www.ssa.gov/oact/STATS/admin.html

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http://www.politifact.com/truth-o-meter/statements/2011/may/30/barbara-boxer/barbara-boxer-says-medicare-overhead-far-lower-pri/

[All Along The Watchtower]

Apparently progressive reality has issues with reading comprehension. I said welfare. Neither of those are welfare.

OK, well "welfare" doesn't make up anywhere near a majority of the federal budget, unlike defense and "entitlements." . What is your point?