Thursday’s discussion made me wonder what it means to be wealthy. The definition of wealth is varies from person to person, but we all seemed to agree that being wealthy meant having the opportunity to succeed and the choice to by the coach bag rather than the knock off. We also talked about how the poorest person in America is much better off than poor people in most other countries, some people didn’t agree with that.
Wealth is more than just money, it is an education. In America we may not have the best public school systems but our colleges are the best in the world. Although it is hard and it takes a lot of work which will make it hard for preoccupied people like single moms or parents working two jobs to keep food on the table, it can be done. Colleges are constantly giving out grants, scholarships and loans like it’s their job. Both sides of wealth whether it is monetary or knowledge side of it can be related to the economy. Obviously if the economy isn’t doing well people aren’t going to have as much money as if it was doing good the same goes for knowledge. Sure people can still go to college on grants, scholarships and loans but the schools are feeling the money crunch as well.
If you lose job it’s not just tough luck anymore. There are 46 to 79 weeks of unemployment benefits available in all states and soup kitchens for people who just can’t pull the money together for food anymore. There is another solution… communism, but that didn’t go over well.
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