Stop volunteering so much

In America, volunteering is one reason why the rich get richer and the poor get poorer.

 

By using volunteer promotional campaigns, ordinary Americans have been persuaded to give away their time and labor, even though there is enough money available to compensate volunteers.

In 2017, the United States was listed as one of the 10 richest countries in the world. In 2016, according to Forbes, the 400 richest people in America “have a record-breaking, combined total net worth of $2.4 trillion, up from $2.34 trillion in 2015. The average net worth of a Forbes 400 member hit $6 billion, also a record high, up from $5.8 billion last year.”

Therefore, ordinary Americans should not be giving away their time and labor.

Indeed, says one website, “According to the Corporation for National and Community Service, last year about 63 million Americans gave 8 billion hours of volunteer service worth $193 billion dollars.”

In Georgia, over 1.8 million residents gave away 199.02 million hours of free time and labor worth $4.9 billion in 2015. In Mississippi, the state with the highest poverty rate, over 400,000 residents gave away 61.7 million hours of free time and labor worth $1.3 billion dollars. Moreover, ordinary Americans are misguided to give away time and labor when they owe an enormous amount of consumer debt. According to the latest Federal Reserve statistics, consumer debt was about $3.6 trillion in April 2016. Writes website Money-zine.com, “According to statistics published by the Census Bureau, that works out to over $11,140 in debt for every man, woman and child that lives here in the United States.”

In short, ordinary Americans have been hoodwinked into giving away time and labor. In return, the rich get richer richer while volunteers receive a warm, fuzzy feeling without compensation.

Kevin Palmer

Martinez

 

More

Tue, 10/17/2017 - 23:27

Health care sabotage

Tue, 10/17/2017 - 23:25

Bias still creeps in

Tue, 10/17/2017 - 23:24

Take these tablets

Tue, 10/17/2017 - 23:24

Rick McKee Editorial Cartoon