the poor are getting poorer and the rich are getting richer?
2007-03-06 04:41:12 · 11 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
America is in millions of dollars in depts maybe even thousands. Which means we have less gold, which leads to our "dollar" being worth less.
2007-03-06 04:52:29 · answer #1 · answered by amanda07 1 · 1⤊ 1⤋
The poor only get poorer because they choose to sit on their hinnies and wait for the government to lay money in their laps. "Ohhhhh, poor me" just doesn't cut it in society anymore. It's called survival of the fittis. There are way too many government programs out there to start a business or if you're truly poor, pell grants to return to school. I know, I did them and graduated from college at age 57 with a 3.25 GPA in Law Enforcement. So, excuses are just that....excuses; and if poor people want to complain, they can complain to the air.
2007-03-06 14:05:50 · answer #2 · answered by chole_24 5 · 0⤊ 0⤋
How dumb is that statement?.. If a dollar is only worth 40 cents, it is only worth 40 cents. no matter who have it.
If the poor is getting poorer, it is because the people getting poorer don't know how to hold on to the 40 cents they have.
2007-03-06 12:49:21 · answer #3 · answered by Ro! 3 · 2⤊ 1⤋
The dollar is tied to the creation of wealth. So if we are creating it slower than the printing presses, it's worth less.
Look at the price of gold, it's an inverse function to the $.
http://en.wikipedia.org/wiki/Dollar
2007-03-06 13:02:07 · answer #4 · answered by Wonka 5 · 0⤊ 1⤋
If you really want the truth....the dollar is really only worth 4 cents...not 40.
2007-03-06 13:19:08 · answer #5 · answered by TexasRose 6 · 0⤊ 2⤋
Worth 40 cents of what .... The mexican Peso?
2007-03-06 12:53:55 · answer #6 · answered by Rja 5 · 2⤊ 1⤋
I am pretty sure the government considers a dollar to be worth a dollar. They seem to still be printing them with the words "one dollar" on the bottom of them.
I think you need to double check your source.
2007-03-06 12:48:00 · answer #7 · answered by C B 6 · 4⤊ 2⤋
No, the Liberals keep taxing you to death and using the money for junk social programs. Its not contributing to the gross national product when they do that.
2007-03-06 12:50:10 · answer #8 · answered by Sane 6 · 1⤊ 0⤋
No. That doesn't make any sense. Let's ;eave the economics to the economist, eh?
2007-03-06 12:55:27 · answer #9 · answered by Anonymous · 1⤊ 1⤋
Yes, one of the many reasons.
2007-03-06 12:44:28 · answer #10 · answered by Retired From Y!A 5 · 1⤊ 2⤋