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English Assignment regarding wealth disparity

Posted on 8/15/25 at 11:48 am
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
12686 posts
Posted on 8/15/25 at 11:48 am
This is a discussion prompt from my son's English class. Many, if not most, of the discussion posts read like a bunch of commies. Maybe raising kids and teaching them in schools that fair is equal and sharing is caring is not the way to go.

Anyway, here's the prompt.
quote:

In American society, success is usually measured by how much wealth a person possesses.

While the majority of Americans earn modest incomes and have limited access to wealth, the number of millionaires and billionaires is the United States is growing.

By 2025, 28 million Americans will be millionaires in a nation of more than 333 million people.

Think about what it means when so much wealth is concentrated in the hands of a few people. Do you think it is possible for a person to have too much money or wealth?
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72563 posts
Posted on 8/15/25 at 11:50 am to
Let’s reframe the question to see if makes logical sense
quote:

Think about what it means when so much good hair is concentrated in the hands of a few people. Do you think it is possible for a person to have hair that is “too good”?
This post was edited on 8/15/25 at 5:12 pm
Posted by N2cars
Close by
Member since Feb 2008
37867 posts
Posted on 8/15/25 at 11:51 am to
Public education doing work...
Posted by mauser
Orange Beach
Member since Nov 2008
25990 posts
Posted on 8/15/25 at 11:55 am to
Think about how poor Mexicans are.

Maybe write about how unfair it is that Americans, especially professors, have so much more than Mexicans.
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
12686 posts
Posted on 8/15/25 at 11:55 am to
quote:

Public education doing work...


Yeah... It feels to me that the question is definitely framed in an Eat the Rich kind of way. I don't like it. I am especially alarmed at the baby commies in training thought processes on this.
Posted by Artificial Ignorance
Member since Feb 2025
1424 posts
Posted on 8/15/25 at 11:57 am to
What is objective of the assignment (Argument, Expository, Descriptive, etc)?

Wealth Building (excluding windfalls of inheritance, lottery, law suits, etc) require building portfolio of assets that produce cash and increase in value.

PS, anything more than “enough” can be a distraction in multiple forms. I say yes.

What is stopping the average American citizen from doing this?
Posted by TigerintheNO
New Orleans
Member since Jan 2004
43968 posts
Posted on 8/15/25 at 11:59 am to
quote:

the number of millionaires and billionaires is the United States is growing.



isn't that a good thing?
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
12686 posts
Posted on 8/15/25 at 12:00 pm to
quote:

What is objective of the assignment (Argument, Expository, Descriptive, etc)?


Discussion and Debate.

quote:

PS, anything more than “enough” can be a distraction in multiple forms. I say yes.


Who decides when someone else has "enough"? I get what *you* are saying, but this assignment and its wording seem to be encouraging of class envy- that is not okay.
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
12686 posts
Posted on 8/15/25 at 12:01 pm to
quote:

isn't that a good thing?


One would think so... unless they're jealous, I guess.
Posted by Sidicous
NELA
Member since Aug 2015
19296 posts
Posted on 8/15/25 at 12:02 pm to
Be sure your kids understand the premise is false on its face. Everyone has the same access to wealth in America. It’s just most are too stupid to understand, as well as tolerate delayed gratification, in order to build wealth.

The $ is fictional fiat currency. What one person has makes no difference in what another can have.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94610 posts
Posted on 8/15/25 at 12:03 pm to
"Because I do not want others to set arbitrary limits on my achievements, I do not want to do so to them."
Posted by armytiger96
Member since Sep 2007
1946 posts
Posted on 8/15/25 at 12:04 pm to
Your son's essay should say that this disparity exists because of the failure of the education system b/c most of society is too stupid to realize the power of compounding interest. Anyone who is disciplined enough to put $150 a paycheck or $4,000 a year when they enter the workforce into the Dow Jones or S&P 500 will be a millionaire by the time they retire!

He should also point out that if all 330 MM Americans were millionaires there would still be a huge disparity in wealth due to economic principle of supply and demand and hyperinflation created by everyone having surplus of cash for purchases.
Posted by SallysHuman
Lady Palmetto Bug
Member since Jan 2025
12686 posts
Posted on 8/15/25 at 12:04 pm to
quote:

Be sure your kids understand the premise is false on its face. Everyone has the same access to wealth in America. It’s just most are too stupid to understand, as well as tolerate delayed gratification, in order to build wealth. The $ is fictional fiat currency. What one person has makes no difference in what another can have.


Very helpful response... I've been thinking on how to talk about this with him and what you said is short, sweet and true- I'll be using it, thank you!
Posted by LSUBoo
Knoxville, TN
Member since Mar 2006
103409 posts
Posted on 8/15/25 at 12:05 pm to
quote:

the number of millionaires and billionaires is the United States is growing.


OnlyFans doing work
Posted by N2cars
Close by
Member since Feb 2008
37867 posts
Posted on 8/15/25 at 12:06 pm to
Good to point that out to him...


Nobody's dying to get to into other countries.
Wonder why?


In America, you have close to a 1 in 10 chance of becoming a millionaire.
Now do other countries...
Posted by MSTiger33
Member since Oct 2007
21403 posts
Posted on 8/15/25 at 12:06 pm to
Having a million bucks isn’t what it used to be.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
29933 posts
Posted on 8/15/25 at 12:07 pm to
quote:

Discussion and Debate.


You almost have to have a semi-divisive topic to have a debate.

quote:

Who decides when someone else has "enough"?


That is the key.

History has proven it is never a "good" thing when a very high percentage of wealth is held by a small number of people.

It is an interesting topic and being debated now, in a way, further down the page in the boomer real estate thread.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94610 posts
Posted on 8/15/25 at 12:09 pm to
quote:

History has proven it is never a "good" thing when a very high percentage of wealth is held by a small number of people.



American "poor" people in 2025 live better than the wealthiest humans in history did, pre-WWII.

If the "rich get richer, but the poor also get reasonably rich", you're against that, right?

You're okay with the poor remaining poor as long as the rich also get poorer? Check.
Posted by Sponge
Member since Nov 2018
4554 posts
Posted on 8/15/25 at 12:12 pm to
Rich people bad
Posted by Saint Alfonzo
Member since Jan 2019
27805 posts
Posted on 8/15/25 at 12:13 pm to
quote:

Think about what it means when so much wealth is concentrated in the hands of a few people. Do you think it is possible for a person to have too much money or wealth?

No. Next question.

quote:

By 2025, 28 million Americans will be millionaires in a nation of more than 333 million people.

8.5% of the population are millionaires. That's not a "few" people.
This post was edited on 8/15/25 at 12:17 pm
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