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Graham

On 2020-04-18 2:50 p.m., wrote:
> On Saturday, April 18, 2020 at 3:09:18 PM UTC-5, Ed Pawlowski wrote:
>>
>> The drug store was an important part of the local economy back then.
>> Many of those people had two problems. For some, they did not have the
>> $25 or so to open a checking account and if they did, many did not have
>> the ability of manage one.
>>
> That's true. I find it amazing the number of people that cannot manage
> money. I'm talking about small amounts of money and checking accounts.
> For some, a book of checks meant they could write them until they ran out
> never mind there was no money in their account.
>>
>> Lower income people have a lot of disadvantages. They get paid with a
>> check and [ay to cash it, then they pay a charge to pay a bill, if they
>> have a credit card they pay the highest interest rates. If they get
>> trapped in the payday loan thing they pay 300% interest.
>>
> No all, but so many of those disadvantages of their own making. Many are
> high school dropouts, no job skills other than menial labor with a passel
> of children. Children they don't encourage to stay in school and try to
> do better than mom and dad.
>
So it's always the fault of poor people not to be successful and wealthy.
It was ever thus!