Jason Y writes
Some people cannot handle money. They’re poor for a reason. It’s almost a 100 percent chance they’d spend the money on foolishness if given money. Note, when I say foolishness It could mean being a party animal. On the other hand, it could be a case where the money isn’t saved or wisely invested in a business, since the person getting it has zero business education.
It’s a lie, a reactionary lie, and it is most commonly voiced by wealthy elites is the worst places on Earth like Latin America and the Philippines. I have heard it from rich Chileans and Filipinos. They justify the insane inequality in their societies by saying that if the poor just saved their money like everyone else, they would be rich too. It’s a lie, and that ought to be apparent to anyone with brains.
The poor are not poor because they blow all their money. They’re poor because they hardly make any money in the first place!