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Re: OT : what is middle class poverty?
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Posted by 1936 on January 11, 2007 at 06:02:14 from (152.163.100.74):
In Reply to: OT : what is middle class poverty? posted by Dave from MN on January 11, 2007 at 05:04:21:
Easy credit and plastic is at the top of the list. Where in the american education system was I shown how to manage $$$$$$$? Pay your self first every pay day. In the past couple weeks in each of your lives would you have been able to pay in hard dollars not plastic what you bought? Would or could you been able to pay for the items is not the issue for most. It sort of like flash your cash and some how in the end they believe all will be resolved. Most will live well beyond the $$$ in hand. The food pantrys are swamped in this area and not all with young familys. The homeless who are provided and meal and bed at the the churches just move to the next church for the next nights bed. Some have job, but able to pay the cost to rent so they live on the street and use public assistance. You are taxed each year on interest earned and taxed on the money you saved to earn interest. Retirement life is no less expensive that the working years.
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