Apologies in advance for the long reply, but then, it's a serious subject that merits thought.
There was an interesting piece on the WSJ website Monday, reporting that nearly half of all Americans say they would be unable to come up with $2,000 cash in 30 days. The WSJ said this report, published by the National Bureau of Economic Research, underscores just how many Americans are "financially fragile." That's amazing to me, that so few of us could pull together what is, in essence, not much cash. (Remember, we're all supposed to have been adding to our emergency household reserves in reaction to these recent years' meltdown. Key words here: "adding to.")
@ History Mike: Bully for you, for pulling yourself up by your bootstraps in the face of adversity. And bully for you, for recognizing that a cash-based, simple lifestyle yields more than enough. Since you made a point of recounting your financial situation, I feel obliged to do similar in order for you to take my comments seriously: I, too, use only cash. I have lived well beneath my means for many, many years. My mortgage was paid off in under 10 years. I save like squirrel in November, and have multiple, well-diversified instruments. My net worth is much higher than anyone would expect, and yes, I also make charitable contributions, of both money and time.
Bully for me, too, then, right?
Your response suggests a "yes, BUT..." framework of this issue. Mine is more of a "yes, AND..." approach. You and I are set. We did it ourselves. Yay us! More people should be like us: self-reliant, full of initiative and drive and resolve. Those who can work and support themselves, of course, should. No argument there.
But a few key factors have changed significantly in the time you and I have made self-sufficient, full lives for ourselves. For one, the income gap between haves and have-nots has grown like kudzu. Another, of course, is the latest recession, which put an awful lot of people in the sort of financial precariousness I don't think they ever expected or, more to the point, deserved to have ever expected. For a third point, add to that our geographic location -- hard-hit manufacturing town in a nation where little is made anymore, overshadowed by a sputtering auto industry -- and, man, we are hurting. Also, let's agree that we don't need to spend much time on the disgraceful way that higher-ed tuition has far outpaced inflation. It's just harder now for people to put themselves through college, especially when job prospects are low enough to threaten an individual's ability to repay education loans. (I'll spare you my observations about the ways in which GOP policies have truly harmed higher-education prospects for so many.)
And, finally, let's be honest: There are a lot of people who, for whatever and myriad reasons (that's another day's discussion, I'll try to stay on task here), aren't as educated and/or mentally capable of performing the sorts of long-range, critical thinking that good planning and life decision-making requires.
If you are first or second or third generation-poor, "life" is rarely about your five-year plan. Under those conditions, "life" is more like, gee, what can I get for the dinner tonight, how can I get it, and how cheap can I get it? Can I make rent this month? What about utilities? That's "long-range planning" when you're impoverished. It's surprisingly time-consuming (and exhausting) to be poor.
So, can I peel off a coupla bucks when asked? No matter how shady the ask? No matter whether the asker can satisfy my criteria as to whether he "deserves" it? Yeah.
@ Danneskjold: I hear you when you talk about "so many people in neutral waiting for the Government or the economy to turn their life around." But I'd like to add that, if government cannot help the most vulnerable, than what is the point of a organizing ourselves thusly as a civil society? Surely a healthy society requires more than infrastructure investment as the basis for its being?
In the end, I do believe I'm my brother's keeper. Not the same thing as a care-taker, by the way, but yes, I believe I'm put here to be as compassionate and helpful as I can be.