A Quote by John Kenneth Galbraith

We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much. — © John Kenneth Galbraith
We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.
The Democrats say the rich are rich because they stole all of their money or somehow fleeced the poor for all of their money. "If it weren't for these cheating, skunk, lying, rich people, you poor people would have the money! You remember when you had this, right? You remember when you had that house on the beach and your Rolls-Royce, and then one day some rich guy came over and stole it all from you? You remember that? So you want to vote for Obama and the Democrats to get your house back and your Rolls-Royce 'cause you remember when Koch brothers came and took it from you."
I hold a doctrine, to which I owe not much, indeed, but all the little I ever had, namely, that with ordinary talent and extraordinary perseverance, all things are attainable.
I've found that a lot of successful poker players grew up poor. And I'm convinced that poor people have a risk tolerance that rich people don't have because poor people fundamentally don't value money that much because they're used to not having it.
Too many people, because they were white and poor, black and rich, or just plain busy with something other than politics, have felt they had no voice in our government.
My film isn't about Vietnam. It is Vietnam. It's what it was really like. It was crazy. And the way we made it was very much like the way the Americans were in Vietnam. We were in the jungle, there were too many of us, we had access to too much money, too much equipment and little by little we went insane.
Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money.
Anti-Semitism is best understood as a virus. It has no logic. Jews were hated because they were rich and because they were poor; because they were capitalists and because they were communists; because they held tenaciously to an ancient faith and because they were rootless cosmopolitans, believing nothing. Hate needs no logic. It is a sickness of the soul.
I think mental illness or madness can be an escape also. People don't develop a mental illness because they are in the happiest of situations, usually. One doctor observed that it was rare when people were rich to become schizophrenic. If they were poor or didn't have too much money, then it was more likely.
If the "rich" were swarming into poor neighborhoods and beating the poor until they coughed up the dimes they swallowed for safekeeping, yes, this would be a transfer of income from the poor to the rich. But allowing taxpayers to keep more of their money does not qualify as taking it from the poor - unless you believe that the poor have a moral claim to the money other people earn.
Why do you think there's so many thousands of Cuban doctors in Florida? Because they all had to leave Cuba. Because doctors were rich, and so the [Fidel] Castro government began confiscating all their property. Not much different from this plan to tax you at a higher rate if you and your family, you and your spouse make over $250,000. You're rich! So they must confiscate more your money.
Growing richer every day, for as rich and poor are relative terms, when the rich are growing poor, it is pretty much the same as if the poor were growing rich. Nobody is poor when the distinction between rich and poor is destroyed.
High school wasn't so bad though because, by then, I had worked out that there were far more nerdy kids and poor kids than there were rich, popular kids, so, at the very least, we had them outnumbered.
As kids we didn't complain about being poor; we talked about how rich we were going to be and made moves to get the lifestyle we aspired to by any means we could. And as soon as we had a little money, we were eager to show it.
God wants us to show compassion and understanding toward the unemployed or the poor not because they are poor, but because poor people, with help from those who are already successful, can become rich. And when the poor become rich, all will benefit, because in our modern economy new unemployment is the first sign of economic growth.
When I was a young man, I didn't think about having a family. My wife and I were too poor to have babies. Then all of a sudden, one came along and scared the hell out of us because we had no money. Once the baby arrives, you make do somehow. You fall in love with the baby and life adjusts itself. You find you don't need as much money as you thought. When that happens, you can ask the questions that should have come before the baby.
When I came into the NFL, there were three things that were very important to me: money, power and prestige. I was powerful now because I was a famous athlete. I had prestige because I was doing what everybody wanted to do. And I had a lot of money.
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