The difference between how Republicans and Democrats perceive wealth and poverty
Source: Matt Lamers/Unsplash With billionaire Democratic candidate Mike Bloomberg recently qualifying to participate in the Democratic presidential primary debate, many people have had questions about wealth.
After hearing criticism against Bloomberg on the debate stage, my friends on one side of the political aisle asked,Is it okay for people to be rich in America? Is it okay to work hard and make money and excel?, participants were asked why a person is rich. The majority of Republicans said a person is rich because they worked harder, whereas most Democrats said that it was because they had advantages in life. On why a person is poor, most Republicans attributed it to a lack of effort, whereas the overwhelming majority of Democrats said it was because of circumstances beyond control. Which is it? I grew up believing in the American dream. I assumed that hard work meant wealth, and having wealth meant you worked hard. Money earned was money deserved, making poverty something you could escape with enough effort. As I’ve gotten older, my understanding has become more nuanced.show that only half of today’s 30-year-olds earn more than their parents. However, 90 percent of children born in 1940 earned more than their parents. Rather than the ‘rags to riches’ fairytale so many of us want to believe in, opportunities vary widely depending on the occupations of one's parents. Researcher Michael HoutSome may argue that the current generation experiences lower ambition and greater entitlement compared to generations past. However, the
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