THE RICH AND THE POOR

1. In any country there would be some segment of the people who are rich and some who are poor.

2. There may also be the middle class, people who are neither rich nor poor.

3. Conflict often occurs between the rich and the poor. In one study by an American professor, the rich consume 32 times more than the poor. It is not only consumption but the waste they produce would also be more by the rich as compared to the poor.

4. In these days of climate change the disparity between rich and poor is even more. The rich can deal with the problems arising while the poor are unable to overcome the disastrous effects of the change.

5. The poor feel that they are as entitled as the rich to whatever is enjoyed by the rich in terms of Government facilities. And the poor also expect more leniency by the Government.

6. There is a tendency for the rich to become richer and the poor to become poorer. The powers of wealth then accrue to the rich while the poor may be forced to sell their assets to mitigate the threats.

7. The result may be more losses suffered by the poor as the rich gain from this losses.

8. Left to the natural progress of things the increase in disparities will lead to social tension.

9. The solution can only come from Government intervention. The trend must be slowed if not stopped. Only the Government can do this.