Being Poor

[OGPhilly]

Mathurin, if you're claiming that welfare spending during good economic times has been a major contributor to our current fiscal problems would you mind citing some stats? I don't think welfare spending in the 90s has much to do with why we "can't afford" things today.

[Mathurin]

Nah, most of the US spending was military, europe is the one with the serious welfare spending problem, excuse a bit of hyperbole there.

Here is a bit of data on social spending as a % of GDP
http://www.oecd.org/els/familiesandchil ... sesocx.htm

[Homer]

[lil bit]

[lil bit]

[PoS]

[Homer]

[Spider]

PoS is just trolling. He knows the poor aren't buying new cars every year or whatever. Anyone who can add or subtract 3 digit numbers knows that much.

[Sandman]

[Hyperion]

There's reckless poor people. There's reckless middle class people. There's reckless rich people. The middle class folk benefit from a credit cushion, and the rich benefit from cash and credit.

Yeah, poverty breeds poverty. It's a socioeconomic catalyst. If you grow up in an area infested with drugs and gangs, and the educational system around you is as much a failure as the community, learning how to save money or break free is tough. Hence why it cycles. Breaking this wall is a very noble goal.