Money Is Not a Panacea @BalBlunt #lottery #money

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So this hit my Twitter stream this past weekend.

Sky’s tweet had exactly 2,100 tweets and quoted tweets as of 6:57 pm on 6/26/2021 (exactly 28 hours after posting it), and by the time you read this, I’m sure that number will go up. However, here’s the thing: The number of people who have gone bankrupt after winning a lot more than $500,000 in the lottery is staggering. Nearly one-third of U.S. lottery winners declare bankruptcy according to a study by Wolf Street. Studies show that lottery winners are more likely to declare bankruptcy within three to five years than the average American despite a much larger security blanket.

My personal view is that money can make life easy, but it can’t necessarily make life good. Would I take millions if offered? Of course I would, so I understand you wanting the money. Things are hard, and that might make them easy. But Clarence’s warning seems sound. Discarding the warning so easily is bad not only in theory, but in practice. The data shows that.

If you’re looking for a free ride, you have problems that handouts won’t solve.

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Follow Clarance Avent @BalBlunt

In case the tweet is deleted, here’s an image of it.

Corruption and the Two-Weeks Notice #corruption #money

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Last Sunday, this meme crossed my stream care of a Facebook friend.

It’s funny, so there’s nothing wrong with it, but here’s what my Facebook friend wrote as a caption.

2 weeks notice?! Bwa-ha-ha-ha-ha-ha

And here was a response from someone I didn’t know.

What 2 weeks? Gine(sic) the moment the check clears.

There are similar responses to the original post my Facebook friend shared. Here’s my response to my Facebook friend.

Good to see that the moment people have that kind of money, they become corrupted by it, losing all sorts of decency as if they’re the same people they always criticize for becoming corrupt.

No, not good. The other thing.

This resulted in a backlash defending the position, which means they weren’t kidding. “But my boss is a bad guy. He deserves it.” First, bullshit. Second, are your coworkers bad guys too? Is everyone you’ve ever worked for and with a “bad guy”? They’d get hit hard by your proposed behavior too.

The reason this bothers me is that it’s inherently hypocritical. The people that responded this way are the same people that rail against the rich as being inherently corrupt, yet they’d violate the social contract the second there were no consequences for doing so. That means they’re morally weak.

Note: These people both breed and vote.

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