Recent Financial Documentaries Contain Whining & Not Enough Personal Responsibility

By Margaret Delle, published Jan 04, 2008
Published Content: 54  Total Views: 28,153  Favorited By: 6 CPs
Rating: 3.0 of 5
The problem with documentaries is that they are so subjective. The message doesn't depend only on fact, but also leans very heavily on the opinions and politics of the producers and funders of the film.

Since we are interested in things like finances and the economy, and have ourselves experienced what it's like to struggle financially, we thought the documentaries Maxed Out and Waging a Living would be interesting. They were interesting, but as my husband said, they were ruined by the insertion of opinion. The prevailing messages were: rich people are inherently bad, big businesses are evil, good people just can't get ahead, all poverty is caused by outside forces rather than personal behavior, America is a horrible place to live, and Maxed Out naturally slipped in the Bush-is-stupid-and-it's-all-his-fault jab. Even Dave Ramsey didn't get great treatment in Maxed Out, perhaps because he's currently rich, and he's all about personal responsibility.

Takeaways
  • Some financial difficulties are unavoidable, but most are a direct result of our own choices.
  • Taking responsibility is often painful, and acknowledging fault is difficult, but necessary.
Did You Know?
The average American owed more than $9,000 to credit card companies in 2005
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