Martin Hash wrote: ↑Mon Aug 03, 2020 6:17 amMoney is imaginary, productivity is real; you can't eat money but you can eat productivity. What you do for a living, that's productivity; you produce something, it gets traded in the marketplace for food. Imaginary money accumulating interest or dividends or appreciation, is not productive, and you did nothing productive; in fact, those gains are probably still hot off the government presses. When you retire, you expect productive people, most working Minimum Wage, to provide the wealthy lifestyle you think your hoard of imaginary money gives you. We have created an unsustainable environment of productive people working at the behest of unproductive people.The Conservative wrote: ↑Mon Aug 03, 2020 5:50 amMy issue comes in where people expect handouts for something they have not put sweat equity into. If I retired right now I'd be pulling in about 1500/mo from SS... (mid 40s) I could live very well on that out somewhere mid-west or a warmer southern state.
If I took that same money and put it in my bank's pension, I could easily double to triple that in the next 20 years.
We need to allow people the freedom to make wealth, retire wealthy, and not be penalized for it either. We also need to make it so that all avenues are open to everyone willing to take the chance to succeed.
We should not provide equal pay for those who are happy doing a 9-5, you earn what you are worth, or are willing to negotiate... you want to make more money, then take a risk. No one owes anyone anything.
