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yurbud

(39,405 posts)

12. something else with trust fund babies: they secretly know they can't compete

Thu Mar 31, 2016, 03:26 PM

Mar 2016

on a level playing field.

If their daddy or grandpa or great great great great grandpa was the one who made the family fortune, they know they do not have the work ethic, stamina, tolerance to privation, frustration, humiliation, or pain it would take to make that fortune themselves (think Trump, W, Mittens, Steve Forbes, and on and on).

So even though no one is really talking about taking them all the way down to zero, they feel the only way to protect their standard of living is to accumulate ever more and make it impossible for the vast majority of us to compete with them.

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The central reason for why many of the wealthiest Americans don't care about inequality [View all] YoungDemCA Mar 2016 OP

K and R nt Rebkeh Mar 2016 #1

Reply richdj25 Mar 2016 #11

Very few of them, if any, have ever experienced poverty. Arkansas Granny Mar 2016 #2

I have it on good authority that the real problem is the "blue collar bubble"... kristopher Mar 2016 #16

just when I think Ive seen it all (on DU) bunnies Mar 2016 #19

So what do you see that is so wrong? ieoeja Mar 2016 #24

Blue collar people no damn well how rich people live. bunnies Mar 2016 #28

I shouldn't have let him re-word the discussion. ieoeja Mar 2016 #38

Your statement? Yeah, I deny it. YoungDemCA Mar 2016 #36

I know plenty of well off blue collar workers. ieoeja Mar 2016 #40

Wow Bettie Mar 2016 #21

I bet some prefer it. What is the point of great wealth if not to afford you the chance to look down Vincardog Mar 2016 #3

What they - in large part - don't want to face is this: closeupready Mar 2016 #4

When their wealth is a direct result of inequity, what motivation have they RadiationTherapy Mar 2016 #5

Many wealthy people assume money is easy to get All in it together Mar 2016 #6

Remember Romney suggesting the people should just borrow twenty thousand dollars from their parents tblue37 Mar 2016 #20

Or just sell off some of the stock your father gave you. trotsky Mar 2016 #25

I wasn't rich as a kid, but I went to schools with rich kids. Arugula Latte Mar 2016 #7

they have their own economy and money is no longer something to pay for things with MisterP Mar 2016 #8

What's sad is someone in a gated community thinking they're part of the rich. Spitfire of ATJ Mar 2016 #9

IN A BUBBLE. The richer the person, the bigger the bubble. INSULATED. Hiraeth Mar 2016 #10

something else with trust fund babies: they secretly know they can't compete yurbud Mar 2016 #12

It may not be sustainable, but I don't see it ending any time soon. robbob Mar 2016 #13

You guys got lucky passiveporcupine Mar 2016 #23

Let's say Bernie wins and becomes the next POTUS oberliner Mar 2016 #30

As president he could appoint a decent DNC head, who could work to improve tblue37 Mar 2016 #41

I got mine maindawg Mar 2016 #14

"Fuck you, I've got mine" is the Republican mantra. nt valerief Mar 2016 #15

After reading the title, my first response is WHEN CRABS ROAR Mar 2016 #17

the pitchforks will be coming out soon! Pharaoh Mar 2016 #18

The rich isolating themselves from the poor is an international phenomenon. pampango Mar 2016 #22

I really hate to say this.... steve2470 Mar 2016 #26

Well what I keep hearing is astrophuss42 Mar 2016 #29

The credit default swaps have not been adequately addressed steve2470 Mar 2016 #32

They don't have to. Atman Mar 2016 #27

Here, they live in mansions and ultra-exclusive gated communities. Asking them to mix with the RKP5637 Mar 2016 #31

Many of the wealthiest Americans care deeply about inequality oberliner Mar 2016 #33

Notice I said many, not all YoungDemCA Mar 2016 #37

I did notice that oberliner Mar 2016 #39

They have separated themselves from us for the sole purpose of objectification of us, makes it Dont call me Shirley Mar 2016 #34

The wealthy live in their own world. romanic Mar 2016 #35