Tuesday, October 9, 2012

How the Poor Can Become Rich

Subtitle A: What do the Rich know that the Poor don't?

Subtitle B: Secrets of the Rich that the Poor Could Use

The following lift from a website suggests to me that the rich have a secret which isn't really a secret, onto which the poor need to latch if they want to not be poor.

Ref: http://econintersect.com/b2evolution/blog1.php/2012/09/20/rich-vote-poor-and-poor-vote-rich

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The results [of several studies] conclude that lower income Americans vote in favor of their economic position (favoring Democrats).  With increases in income, voters can afford to follow social issues. 

The 2008 vote by income graph examines how income varies between rich and poor states.
Mississippi is one of the poorest states in the Union, Connecticut is consistently one of the wealthiest and Ohio falls in between.  Likewise, Mississippi is Republican stronghold, Connecticut is even more Democratic and Ohio is a toss-up.
The lower income level within the three states votes consistently in favor of the Democrats.  As income rises its clear which states follow conservative social ideologies.

 === end quote ===

The "secrets" may be these:

A. If you want to be rich, live by the philosophy (worldview) of the Republicans (see below). If you want to be poor, live by a Democrat philosophy. 

B. The Rich may read more, taking in a variety of input and make voting decisions based on what's the best way to create personal wealth; e.g. the candidate's understanding of how the economy works, proposed tax structure, proposed regulation structure. The Poor may read less, take in less input, and make voting decisions based on reasons other than personal wealth; e.g. on the color of a candidate's skin, political party affiliation, or promises to boost fiscal support to the poor. 

C. Regardless of what is vocally espoused, the self-made wealth generally lives by fiscally conservative capitalistic fiscal principles. I know a man who verbally claims to be a progressive social Democrat, that is, he favors socialism in terms of taxing the rich and giving it to the poor. But the man and his family guide their personal finances after a conservative capitalistic Republican philosophy, and he is easily in the top 10% income bracket among Americans.

Political Definitions can be subtle and confusing. Here's how I'll generally classify differences. I will probably not be consistent about one thing— the difference between a person's spoken political philosophy and the person's actions. That is, what a person says they believe and how they actually live are meant to be equivalent in the table below.

METRICConservative Capitalist 
(Trends Republican)
Allows for unrestricted growth of personal wealth generation.
Social Progressive 
(Trends Democrat)
Allows for restricted growth of personal wealth generation. 
Responsibility (Subsidiarity)Takes Personal Responsibility for Well Being. Blames self when things go wrong. Pushes subsidiarity down to individual.Looks to government, agencies, parents, organizations, hierarchy to take primary responsibility for well-being. Blames others when things go wrong. Pushes subsidiarity up to larger and more powerful social-political structures.
Laws (see also Govt. Regulation)Believes in a Natural Law with absolute cause and effects that never changes regardless of laws.

Believes that the goal of man made laws is to be fair to all people, that legislation is limited in itself to bring out that fairness. Believes, therefore, in adjudication for unintended circumstances.

Believers in Political Law cause and effects that can change by human law.

Believes that the goal of man made laws to to be fair to all, and that much can be legislated to be fair to all.

Believes in the homogeneous of humanity (everyone is the same and needs to be treated the same.)
Government RegulationBelieves in limited government regulation and broad judiciary judgement, but not in "legislation from the bench."

Believes in a heterogeneous humanity (everyone is different and needs to be treated differently).

Believes in strong government regulation and narrow judiciary judgement, and would allow "legislation from the bench."

Believes in a homogeneous humanity (everyone is the same and needs to be treated the same).
OrderBelieves in a Natural Order, and the scientific method. If a pattern of behavior or structure observed, there is a natural law behind it that can be discovered but not fundamentally changed.Believes in a Political Order. If a pattern of behavior or structure is observed, it can be changed by social interventions.
Human SolidarityBelieves in the solidarity of all humans, and that individuals and not bureaucratic institutions (e.g. faith based, and volunteer) should oversee distribution of earth's resources. Believes in the solidarity of all humans, and that government should play a controlling role in the distribution of earth's resources.
Religious LibertyBelieves in absolute freedom of religious expression and practice, as long as individual human rights are not forcefully violated.

Unrestricted freedom of conscience.
Believes in limited freedom of religious expression and practice; one person's religion should cannot be allowed offend another person's feelings.

Limits freedom of conscience.
TaxesBelieves in low taxes to generate economy and high revenue for governments.Believes in high taxes to generate revenue for government, even through economy is restricted in the process.
CharityBelieves in giving to charity out of individual's pocket. Believes in giving to charity out of government's pocket.
EconomyBelieves in free market capitalism.Believes in politically controlled socialism. (In reality, the ruling class in socialism practices capitalism, using the people as currency.)
The PoorBelieves there are two classes of the poor: those capable of working and those incapable of working.

Believes in helping the destitute with cradle to grave care, but those able to work, must work or not receive care.
Believes the poor are poor becasue they were represeed by the rich.

Believes in helping all  poor with welfare support, and that those capable of working can't find a job because there are none to their liking.
The RichBelieves that the best way to help the poor is to create jobs and the dignity that comes from work.

Understands that all the money they earn is reinvested or spent, which stimulates the economy and crates secondary jobs. 
Believes that the rich only care for themselves  and do nothing to help the poor.

Believes that the rich should be taxed to redistribute their ill-gotten gains to the less fortunate.
CharityBelieves in their individual responsibility of giving to charity (which includes the poor). 

Believes in their government's responsibility of giving to charity (and helping the poor.) 

Believes in using OPM (Other People's Money) to help the unfortunate and fund programs.

1 comment:

  1. The poor have subscribed to the Democrat way of thinking because they've been brain washed and bought out with entitlements and subsidies. Also the Republican party has to do a better job and meeting with them, empathizing and showing true compassion. What I worry most is if the poor have forgotten to put their trust in Lord and honor God with their votes. As christians, whether poor or rich, how can we vote for someone who is trampling on our liberties - such as religious and of expression - and enacting laws that go against Biblical standards?