Predictably, the “administration” and its lapdogs didn’t stop to consider that rich people are also thrifty people, which helps them stay rich. They will not buy something just because they can afford it. Rich people will weigh whether the value of the good or service is greater than the cost to obtain it and if not, they won’t buy it. Why do you think there are all these rich people driving around in 10 year old cars?
Wearing shoes they have resoled 2 or 3 times?
Living in a 200K house?
It is only the people that are financially retarded that flaunt it. And they are certainly not going to be bullied into spending their money, that is robbery.
So, you get guys like this who say eff it, I ain’t doing it. I would rather take my chances or croak.
You’ve nailed it Yardstick!
Many years ago on the way to a Cowboy football game in Dallas we all piled into a van with a “designated” driver. I immediately recognized that we weren’t going toward the stadium so I inquired of my buddy “where the hell we going””. He replied “to pick up Bill”.
We drove I to an older neighborhood of decidedly less value than any of us lived in and picked up Bill at his home of maybe 2,000 sq feet and AT LEAST 20 years old (and looked it).
Anyway, Bill was a fun guy and theCowboys lost and we took him home. Oh, bill was dressed in a ragged shirt, coat and blue jeans.
After he got out and we drove off I inquired of my friend about “who was Bill?”
My friend said “he’s the owner of blank oil company”. I will give you an article on them when we get back to the house. Turns out blank oil company was worth over a billion dollars and was rated the most successful “wildcatter” in Texas at that time.
Oh, his wife he said was staying home to “clean the house” and didn’t like football.