Denise, you always make me think about these issues....
I wrote on here awhile back..it's always easy to judge, whether you're looking up or down the income chain.
The $2 M engagement ring is honestly what I would consider normal spending given the financial circles that family travels in. It will not break their bank accounts.
And a $2 K engagement ring would be considered too much for the very poor but the poor probably feel pressured by society to purchase something out of their price range.
Did you know that back in the 80's, before Bill Gates, O. of the richest men in America was a southern man who sold the mortgage loans for trailers and double wide trailers? He charged excessively high interest rates on the poor, then would re-possess their trailers and re-sell and re-mortgage over and over. This cycle went on for decades.
I do not think we can or should ever dictate what people do with their money. I do find it appalling how some people earn their money...drugs, illegal trafficking of people, abusing financial power like the Bernie Maddoffs, and the poor living on welfare buying non-nutritive foods for their innocent kids.
and ditto Hazel... you must be a professor somewhere....I went back and read the potluck birthday party question too and am shocked at the overwhelming majority of people who thought the request was tacky. Only a couple of us were not bothered by the request. Where has hospitality and love thy neighbor as thyself gone in this world? So what if someone asks you to bring a dish? I love tasting other people's food.....especially ethnic dishes. I can hardly wait to go to parties where there will be non-American cuisines represented: Indian curries, Thai spring rolls, Korean meats, Japanese sushi, Middle Eastern rices....yum, yum, yum. Sorry, I digressed about the money topic.