Posts Tagged ‘middle class’

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Robert T. Kiyosaki: Work For Money

Posted by admin on Thursday, April 20, 2023

Meaning of Robert T. Kiyosaki Money Quote: saying the poor and middle class work for money, while the rich have money work for them instead. Robert T. Kiyosaki said:

 
The poor and the middle class work for money. The rich have money work for them Quote
 

“The poor and the middle class work for money. The rich have money work for them” — Robert T. Kiyosaki

 

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This quote from Robert T. Kiyosaki suggests that those with lower incomes work to earn money through employment, but the wealthy are able to generate income from their existing assets and businesses rather than labor. Some key points in interpreting his perspective:

  • Kiyosaki implies that the poor and middle class must exchange their time and effort for wages or salaries from employers to obtain money, while the rich have money-making assets that function independently.
  • He portrays the affluent as being in a position where their money is “working for them” by producing returns through means like investments, real estate rentals, or businesses they own rather than work for an hourly wage.
  • However, reasonable people can disagree on broad characterizations, as income streams and wealth vary widely both within and between socioeconomic classes in complex, diverse economies and societies.
  • A balanced interpretation acknowledges Kiyosaki aims to contrast lifestyles but recognizes that financial circumstances are shaped by many factors and can change throughout one’s lifetime based on opportunities, priorities, relationships and life events according to personal situations.

Overall, the quote conveys Kiyosaki’s perspective on different approaches to earning income at varying wealth levels. But the best analysis considers this as one viewpoint, and recognizes that responsible stewardship of resources and bettering communities involves open-minded discussions recognizing both common ground and the diversity of human experiences according to philosophy, culture and changing needs over time.

Joe Biden: Student Loan Debt

Posted by admin on Friday, August 26, 2022

Meaning of Joe Biden Money Quote: saying student loan debt relief requires no apology when Republicans gave wealthiest Americans a $2 trillion tax cut. Joe Biden said:
 
voted for a $2 trillion tax cut that mainly benefitted the wealthiest Americans and the biggest corporations Quote
 

“I will never apologize for helping Americans — working Americans and middle class, especially not to the same folks who voted for a $2 trillion tax cut that mainly benefitted the wealthiest Americans and the biggest corporations” — Joe Biden

 

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Joe Biden said he would never apologize for helping Americans with student loan debt relief because Republicans had passed a large tax cut that mainly benefited wealthy Americans and corporations. Biden was referring to the $2 trillion tax cut passed under President Trump in 2017.

Biden believes providing relief for student loan debt helps middle-class and working-class Americans, so he does not think he needs to apologize for that, especially when the Republican tax cuts were much larger and focused more on the wealthy.

Henri Nouwen: Upper-Middle Class

Posted by admin on Friday, July 8, 2022

Henri Nouwen Money Quote saying the middle and upper class help justify tough moral choices based on finances. Henri Nouwen said:
 
temptations of upper-middle class life is to create sharp edges of our moral sensitivities and allows a comfortable confusions about sin and virtue. The difference between rich and poor Quote
 

“One of the temptations of upper-middle class life is to create sharp edges of our moral sensitivities and allows a comfortable confusions about sin and virtue. The difference between rich and poor is not that the rich sin is more than the poor, that the rich find it easier to call sin a virtue. When the poor sin, they call it sin; when they see holiness, they identify it as such. The intuitive clarity is often absent from the wealthy, and that absence easily leads to the atrophy of the moral sense” — Henri Nouwen

 

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In this quote, Henri Nouwen seems to be critiquing how wealth can dull one’s moral clarity and make it easier to justify or rationalize sinful behaviors as virtues. Some key points:

  • He notes that upper-middle class life can foster “sharp edges of our moral sensitivities” through selective application of principles
  • Nouwen states that the rich find it easier to “call sin a virtue” when they engage in wrongdoing, whereas the poor readily identify their sins as such.
  • He implies the poor maintain more intuitive clarity between right and wrong due to their circumstances, while wealth can promote “comfortable confusions” that justify misconduct.
  • The quote conveys Nouwen’s perspective that affluence makes it simpler to dismiss or reframe transgressions through rationalization, whereas poverty preserves a straighter understanding of morality.

Overall, Nouwen appears to be suggesting that financial means can corrupt one’s ethical compass by providing excuses for misdeeds and a buffer from accountability, weakening the “moral sense”, whereas the poor tend to uphold clearer distinctions between virtue and vice according to their circumstances according to this critical view of how affluence may compromise principles.

J. K. Rowling: Anti-MiddleClass

Posted by admin on Friday, December 17, 2021

J. K. Rowling Money Quote saying she’s not opposed to middle-class and wants to improve the world. J. K. Rowling said:
 
I'm not anti-middle-class in the slightest. putting time and money and effort into trying to improve the world Quote
 

“I’m not anti-middle-class in the slightest. Look at me! I am very pro people putting time and money and effort into trying to improve the world” — J. K. Rowling

 

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In this quote, J.K. Rowling seems to be addressing a misperception and clarifying her values. Specifically:

  • She denies being “anti-middle-class”, implying some have inaccurately portrayed her views that way.
  • Rowling points to herself as evidence since she came from a middle-class background and found great success.
  • She expresses being “very pro” or strongly supportive of people dedicating their “time and money and effort” towards “trying to improve the world” through their efforts

The best interpretation is that Rowling wants to dispel any notion that she opposes or looks down upon the middle class. In fact, she believes the middle class plays an important role in society by channeling their resources into philanthropic and impactful endeavors that enhance people’s lives according to her perspective expressed in this quote clarifying her stance.

John Fugelsang: Blame Poor People

Posted by admin on Tuesday, December 14, 2021

John Fugelsang Money Quote saying The wealthy get air time to tell the middle-class that everything is the fault of the poor. John Fugelsang said:
 
Rich people pay FOX people to make middle-class people blame poor people Quote
 

“Rich people pay FOX people to make middle-class people blame poor people” — John Fugelsang

 

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In this quote, John Fugelsang is criticizing how wealthy interests (“rich people”) fund propaganda outlets like Fox News (“FOX people”) to misdirect public anger and resentment.

He argues that Fox and other conservative media try to get middle-class viewers (“middle-class people”) to blame social problems on poorer populations (“poor people”) rather than the policies that actually benefit the rich.

Fugelsang’s point is that certain media aim to divide society by class and direct frustration downward at the most vulnerable, in order to protect the economic and political interests of the wealthy.

The quote suggests the media plays a role in obscuring the true sources of socioeconomic problems and inequality in society.

Joe Biden: Millionaires Recession

Posted by admin on Friday, January 15, 2021

Joe Biden Money Quote saying millionaires have been free of financial burden faced by the poor to lift the economy and they should be asked. Joe Biden said:
 
Millionaires are just as patriotic as poor people. The very wealthy are just as noble and patriotic as the middle class. But nothing has been asked of them in this horrendous recession. And it's time we just ask Quote
 

“Millionaires are just as patriotic as poor people. The very wealthy are just as noble and patriotic as the middle class. But nothing has been asked of them in this horrendous recession. And it’s time we just ask” — Joe Biden

 

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Biden was arguing that during an economic recession which harms many poorer citizens, wealthy millionaires have not faced the same level of financial burden or hardship.

His statement that “it’s time we just ask” implies he believed millionaires should be asked to contribute more, perhaps through higher taxes or other policies, in order to help stimulate the economy and provide support for those struggling in the recession.

Robert Kiyosaki: Wealthy Luxuries Last

Posted by admin on Saturday, October 7, 2017

Robert Kiyosaki Money Quote saying that the poor and middle class are most likely to blow their money on unnecessary and wasteful non-necessities before the wealthy do. Robert Kiyosaki said:
 
Wealthy buy luxuries last, while the poor buy luxuries first Quote
 

“The wealthy buy luxuries last, while the poor and middle-class tend to buy luxuries first” — Robert Kiyosaki

 

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In this quote, Robert Kiyosaki is contrasting the spending habits and priorities of wealthy people compared to those of the poor and middle class. He suggests that the wealthy tend to purchase necessities and investments before luxuries, while the poor and middle class often do the reverse by acquiring luxuries ahead of more prudent expenditures.

The interpretation is that Kiyosaki views the wealthy as disciplined spenders who satisfy basic needs and build wealth through productive assets before indulging in lavish, discretionary purchases. In contrast, he implies those with less income are more prone to spend beyond their means on luxuries and comforts before securing their financial foundation and security through investments and savings.

Kiyosaki’s message conveys that a key difference between the affluent and others is an emphasis on fiscal responsibility and delayed gratification through prioritizing necessities, education and wealth-generating assets before luxury items that do not confer lasting value. According to Kiyosaki, this order of spending priorities helps explain why some become and remain wealthy while others struggle financially despite earning comparable incomes.

 

Mokokoma Mokhonoana: Poor, Rich Classes

Posted by admin on Monday, January 4, 2016

.@Mokokoma Mokhonoana Money Quotation saying the rich, poor and middle classes each affect the other based on financial, social needs. @Mokokoma Mokhonoana said:
 
The middle class were invented to give the poor hope; the poor, to make the rich feel special; the rich, to humble the middle class Quote
 

“The middle class were invented to give the poor hope; the poor, to make the rich feel special; the rich, to humble the middle class” — Mokokoma Mokhonoana

 

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This quote suggests that different socioeconomic classes serve purposes related to one another’s perceptions and psychology, rather than necessarily reflecting natural or just hierarchies. It implies the middle class exists mainly to give the poor class something to aspire to and hope for through upward mobility.

Meanwhile, the poor class is meant to make the rich class feel superior and “special” by comparison. And the rich class serves to keep the middle class from feeling too arrogant or secure by reminding them of greater wealth above them. So in this view, class divisions are more about psychological effects and social control than economic realities alone.


 

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