Greetings!
One thing that I know is that the government and their policies are meant for everyone and not the rich nor the powerful alone.
The only thing is that, whenever there's a policy of the government, it will surely affect everyone based on their status and that's why the rich are always getting richer and vice versa to the poor.
Having talked extensively on the effects of the government policies on the citizenry which comprises the rich and the poor, I would like to delve into the topic of the prompt which is all about, “government of the rich.”
As for me and like I have said earlier, governments and their policies are meant for all and not a section of the populace alone called the rich.
The point is just that most of the government policies do go well with the rich people just because they already have the resources to take care of any of the new policies of the government.
However, as for the poor, they have no resources to take care of the policies of the government.
Furthermore, if the government should pump money into the economy, maybe the banking sector, industries, institutions and so on, the effect would be felt by everybody, not only the rich alone. The thing is that, it would pay the richer than the poor just because he might have had the information beforehand and with the information, he would be able to maximize the opportunities, unlike the poor who may not have any access to the piece of information.
Even if a poor man should have access to the available information, how would he be able to pursue and do well with the opportunity when he's a broke person and that's why the rich will always be getting richer and the poor poorer anywhere in the world.
Let me cite an example for us. Some time ago, a friend of mine introduced me to the Nigerian stock exchange market. He said that it's a very good and lucrative way of investing my money. He shared his experience with me and I love to also put my money into it.
However, after I had invested my money into the Nigerian stock market, I was able to cash out after a few months and to the glory of God, I made more than enough due to the rise in the price of my shares.
But, the guy that introduced the investment opportunity to me could or let me say had not made half of what I have made on my own investment and this is not just because of anything, but for the fact that he has little resources to invest into it.
The above analogy is a testament to how the government policies can affect both the poor and the rich based on their resources which simply means that the policies are meant for all and not for a section of the public as we always believed it to be.
In conclusion, the only thing is that all of us, most especially the poor should rise up to the occasion and be determined to succeed so as to enjoy the government policies which are made for all whenever it comes.
This is my entry to the week 202, episode 02 of the weekly Featured contest in the Hive Learners community.
Thanks for reading.
Picture sourced from metaAi.
