There is no such thing as economic equality. If I give ten people $1,000, half of them will spend it all on themselves, 3 will save a little and spend the rest, 1 will spend half and save half, and one will invest/save most of it and maybe spend a little. There is only one way to make people effectively equal . . . impoverish them all.
THAT is what socialism/ Marxism does. . . evil to the core.
THAT is what socialism/ Marxism does. . . evil to the core.
The odd thing is that those with dachas on Lake Champlain, Rehoboth Beach or in Chappaqua never seem to be dragged down to that impoverishment.
Hubby and I both retired and doing okay. We planned for it. I have 2 friends and a cousin that if you gave them $1000 it would be gone the next day. It would burn a hole in their pocket until they spent it. I’d put it in savings.