An Indian Civilizational Perspective

Imagining Yourself Poor

Interesting study where people are imagining if they could be poor… and what they would do when you get there.. hmm.. isnt that the major fear of many?

More than half of Americans with household incomes over $100,000 can see themselves falling into poverty, a new MSN-Zogby poll reports.

Fifty-three percent of Americans in the wealthiest category said they can imagine themselves becoming poor, while 82% of those with household incomes of less than $25,000 said they could become poor. Overall, 61% of Americans said they could imagine such a fate.

Cable television would be the first thing to go for 50% of Americans, while two-thirds said their car would be the last thing they would give up if their income plummeted. Half said they wouldn’t give up their pets.

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