tmcgh
The problem is that it is just poor money management. He could’ve been set for life. Put that into an index or S&P500 and get 10% every year. That’s 70k and he wouldn’t even have to work. If you took that 70k and invested back into the fund, you can double your money in about 7 years, assuming 10% returns.
I have family that would claim they are pro-labor, keyword claim. One family member was in a union for his entire working career. Him and his spouse vote conservative (afaik) everytime. I’ve tried to explain that they are voting against what helped them get to the point they are at currently but they just can’t see it. It has helped some that now I’m in a union but even when agreeing with me that corporations only care about profits and will cut you and your benefits the first chance they get, they will still side with R. It’s crazy! We even had an interesting conversation about trickle down economics and how it hasn’t worled or trickled down at all. I was surprised they agreed with me on that.