If we took all the wealth in the US and redistributed it evenly to every citizen, it wouldn't be long before there was a small group of extremely wealthy people, a large working middle class and a substantial group that were back at poverty levels.

True or False?

True. You can give someone all the money in the world, doesn't mean they will be responsible with it.

Quoting SpaceCowgirl:" If we took all the wealth in the US and redistributed it evenly to every citizen, it wouldn't be long ... [snip!] ... wealthy people, a large working middle class and a substantial group that were back at poverty levels. True or False?"

I don't understand this question at all seeing as how there is no question. Mathematically speaking, at least.

True- some would be smart with their money the others would spend blow it

I think that is very true... Now, I don't think all the people that had money would get it back.. It's all about the person and the drive that person has.

Quoting Back to Noob Status:" I don't understand this question at all seeing as how there is no question. Mathematically speaking, at least. "

Are you saying there is no doubt that some people are naturally good with money and some people are naturally bad with money?

Quoting SpaceCowgirl:" Are you saying there is no doubt that some people are naturally good with money and some people are naturally bad with money?"

That's what you are asking. Okay.

Some people are bad with money, others are great with money. I agree. How you worded the question confused me, lol.

True. Some people are good with budgeting and buying necessities and spending frugally, others just don't give a smurf and will spend money as quick as they get it.

Do you ladies think that most people would stay in the top/middle/lower class that they are in today?

Quoting SpaceCowgirl:" Do you ladies think that most people would stay in the top/middle/lower class that they are in today?"

No.

No. I think there'd be a small upper class, large middle class, and small lower class.

Quoting SpaceCowgirl:" Do you ladies think that most people would stay in the top/middle/lower class that they are in today?"

Most yes all no. I kinda feel like the higher class people would be so used to their extravagent stuff, that they would continue their life style.
the lower class would spend like crazy because they aren't used to the luxuries
and middle would be most likely to stay the same

I don't think it would make a huge difference. People are still going to be poor because they chose to mismanage money, people will remain middle class, and people will strive ahead and become very wealthy because they have drive.

Quoting SpaceCowgirl:" Do you ladies think that most people would stay in the top/middle/lower class that they are in today?"

Most, yes.

<blockquote><b>Quoting SpaceCowgirl:</b>" Do you ladies think that most people would stay in the top/middle/lower class that they are in today?"</blockquote>



No. I think the majority of the wealthy wouldn't be able to recreate it, and the majority of the poor just need a boost to get out of the hole.