ainy Day

aron Von Lodge was the head of a small country known as Lilliland near Switzerland. The time was the early 1900s.

The Baron and his fiancée, Lady Angela of Alpine Castle, were having a dinnertime discussion with the chief advisor, Professor Hamblin.

The topic of the evening was how society was classified. The Professor felt that those who feel society is divided into two groups, those who HAVE and those who HAVE NOT, are very wrong in an oversimplification of any society.

The Professor continued to say that most societies have three classifications: upper, middle and lower. Then each of these has two divisions: upper and lower. Approximately 70 percent of the population is in the middle class with 15 percent upper and 15 percent lower. Economics, inheritance, and education generally position the family into a particular class.

The family that earns about as much as it spends is in the middle class, the people whose income and wealth far exceed their expenses are in the upper class, and those who have had misfortune in business are in the lower class. The people in the lower class have expenses for food, clothing, and shelter that exceed their ability to earn enough money to pay for these things.

A farmer’s crops may fail several years in a row and if the farmer has not set aside something for a rainy day to meet his bills he is not in good financial shape. The Professor concluded that everyone should have a rainy day fund because the economic future is uncertain, at best.

Most of the lower class started out to earn a decent salary, but there were some reversals of fortune and they lost their jobs and businesses failed because of unforeseen circumstances.

The Professor finally said to the Baron and Lady Angela that they should always plan for a rainy day, then all of their days would surely be sunny.