Why? Because in most cases, being poor is often a product of ones mindset rather than a condition. While it’s true that majority of poor people exist because they were born poor (me included), we can also become poor by having bad spending habits, laziness, bad decisions, staying in a dead end job, no effort to improve oneself, and having the entitlement mentality or those who believe that the government or the rich owes him something and therefore should take care of him.
One of the biggest irony is that money doesn’t solve money problem. In fact giving large amounts of money to the poor who are often unprepared to handle it can end up in just making them even poorer. This explains why there were big income earners who are broke now broke; Or the highly paid athlete, celebrity, or the lotto winner who ends up in an even miserable condition than before.
I admire politicians who are aware of these realities and knows that the best way to serve the people is not thru dole-outs, but by teaching them to be self-reliant, empowered and independent from other people.
As a very rich man once said:
"If you take all the money in the world and divide it EQUALLY among everybody, it would soon be back in the SAME pockets where it was before."
Reason: It is hard to keep that which has not been obtained through personal development.