C.D wrote:
>
> "Gloria P" > wrote in message
> ...
>>>
>>
>> That made me wonder if "poor folk" actually coped better during the
>> Depression than the well-off because they had not as much to lose
>> and they were used to living with much less.
>>
>> After consideration, I don't think so. It would be better today to be
>> down to your last million than jobless and down to your last dollar.
>>

>
> it's much harder to have gone from riches to being poor than poor to
> being poorer.


The difference is in the relativity.

Rich to poor probably means you still have a roof over your head and
food on the table, even if it's not what you are used to.

Poor to poorer may mean living on the streets and scrounging in
restaurant dumpsters or living in a homeless shelter.

I'll never forget Ken (Enron) Lay's wife crying that they had
"nothing, nothing left." Yeah, just the Texas mansion and the
$12 million house in Vail (or was it Aspen?) they were trying to
sell. Yeah, they had "lost" three houses in the Enron collapse,
but they weren't left with exactly "nothing".

gloria p