As the stock market figures began to dive last fall, so did the value of 401Ks. Tens of thousands of dollars, even hundreds of thousands were lost by average people across this country. We had a problem before that. What is the future going to look like when a large percentage of the population are building up their savings plans and an equally large lower income group have no retirement or pension plans? It was sort of poetic justice that the economic decline hurt the 401s most. Should there be a complete economic collapse accompanied by inflation, the lower income group will bear the brunt of the pain.
President Obama wants a redistribution of wealth. If his attempts go unhindered, the rich will have fewer millions, the middle class will have lower 401s and the lower income group will have even less money. It's not "redistribution of wealth" that we need, it is a "readjustment of our desires." I don't envy those who receive millions of dollars in bonuses, I feel sorry for them. Look around you. Has a college education lowered the percentages of divorces? Does an expensive house in a gated community guarantee happiness? Are those in the more lucrative professions immune from violence and cultural decay? Does a large bank account change the headlines in the newspaper? We all want the best for our children and security for our families, to be treated fairly, to live in a nice community and to have a decent job. So, how can we help bring about change in our society? We all have a sphere of influence, some wide but most modest. Respecting our laws, constitution and unwritten ethical codes in all our dealings and staying vigilant as to the empty promises of materialism would be a good start.
President Obama wants a redistribution of wealth. If his attempts go unhindered, the rich will have fewer millions, the middle class will have lower 401s and the lower income group will have even less money. It's not "redistribution of wealth" that we need, it is a "readjustment of our desires." I don't envy those who receive millions of dollars in bonuses, I feel sorry for them. Look around you. Has a college education lowered the percentages of divorces? Does an expensive house in a gated community guarantee happiness? Are those in the more lucrative professions immune from violence and cultural decay? Does a large bank account change the headlines in the newspaper? We all want the best for our children and security for our families, to be treated fairly, to live in a nice community and to have a decent job. So, how can we help bring about change in our society? We all have a sphere of influence, some wide but most modest. Respecting our laws, constitution and unwritten ethical codes in all our dealings and staying vigilant as to the empty promises of materialism would be a good start.
