Economics and Government

Not everyone has the capacity to choose wealth. Although many people want to ignore the fact or are simply unaware, there are people who after bills, taxes, food, and so on, have no disposable income left over. They are just making enough to survive, and some make even less than that. Again, I understand the concept behind our saying here, but to say that ALL people can choose wealth is not correct. Then some people will say that you always have the option to not spend, like the opportunity cost to breathing--not to breathe (just fyi you'd die). This is an extreme, but there are people I know who have done all they can, who are either homeless or are living in Section 8 housing, and still cannot put enough money away at the end of the month to choose wealth. Again, I understand that this is a very small few but the way it was presented sounded to me like everyone was able to choose wealth.

I believe there is a certain point where you are able to choose wealth. This point would be where your total income exceeds your total costs of living. Whatever this point may be, and I have not laid down a number to describe that point, you must be above that in order to choose wealth. This statement becomes kind of shaky because how much the individual needs to survive when it comes to food/shelter is different for every person, but if we think about it as an average then it starts to become more concrete. These are just some of my thoughts. Let me know what ya think!