Gee Bush is the one who bailed out the banks with his TARP program. I think he should have let them fail. I'm sorry if you ignore facts to suit your agenda. However, the fact remains that five countries that have a much stronger social-safety net than us have lower unemployment.
It's a different story if you have little mouths to feed, a mortgage, credit card payments, and all the rest.
These financial liabilities are rooted in the individual's choice to sign up for them. It is a risk. No one except the risk taker should face his consequences for him.
Really? You think it would be good policy to discourage people from buying houses and cars and purchasing consumer goods and from having children?
I think that would be much more costly in economic terms than pittance we pay for social insurance.
The rich do not pay SS. The poor do not pay SS. If, for the last several decades, we have taxed the middle class ONLY then stop taking SS and give the $ back. Otherwise its just a special tax on working class Americans.
America is the most philanthropic of nations.Yes and capitalism doesn't at all encourage greed or avarice does it?
Yes, handicapped and mentally retarded or severely handicapped people require our assistance. For that I have no qualms, but we don't have a safety net, we have a hammock.True, there would be no welfare fraud if we didn't have welfare. That's pretty straightforward. Of course there would also be no safety not for people who are legitimately down on their luck and need assistance to get back on their feet. I think that a civilized society must put up with a degree of abuse in order to serve the truly needy. You don't throw a room full of people in jail because you know that one of them pinched a necklace.
You show an apple to dumptruck comparison, then spin off on some rant about corporate welfare. Take your whiny corporate welfare bull**** up w/ Obama and GE.
Y'know, if that was me that wrote that, I would have a PM in my box with a "warning."
SS Has unfunded liabilities of 66Trillion, how the **** are we gonna pay for that huh?
People should be discouraged from accumulating debts they won't be able to pay. But this discouragement originates from the naturally painful state of default that debtors need to anticipate and assess before they go into debt. My statement--that we should not just foot the difference between what they acquire and what they actually afford--is not really ME doing the discouraging of their acquisitive behavior. It's just protecting my property from other people's acquisitiveness.
There is nothing ultimately more economically costly than socializing all the consequences of people's individual mistakes/creating moral hazards/distorting risk.
Of course people should be discouraged from borrowing money that they can't repay. That's what banks are supposed to do.
Really? You think it would be good policy to discourage people from buying houses and cars and purchasing consumer goods and from having children? I think that would be much more costly in economic terms than pittance we pay for social insurance.
Do you hear yourself?
I have a great idea...you...people like you...take your profits...your income...and put them in a nice open transparent bank account so that you can take care of everyone elses house payments. Buy them cars. Give them money simply to exist. YOU pay for it. And hey...dont worry...by all accounts there are plenty of like minded socialists so you should have NO PROBLEM paying for everyone. Dont expect the government to seize other peoples assets to do your bidding...put some muscle behind that hustle. You say it...LIVE it. Dont drop a dime in the Salvation Army basket...LIVE as you profess to believe. Spend your entire life working to provide for people that dont and wont.
What world do you people live on?
Do you find that those who are NOT fans of the inheritance tax to have no issues?I find those who are fans of the inheritance tax to have issues
I understand what you're saying, but there are many scenarios where people can find themselves in trouble temporarily. It can happen as a result of a divorce, or medical problem, or a layoff.... Many different ways. In your case you were a young student with few obligations. It's a different story if you have little mouths to feed, a mortgage, credit card payments, and all the rest.
Really? You think it would be good policy to discourage people from buying houses and cars and purchasing consumer goods and from having children? I think that would be much more costly in economic terms than pittance we pay for social insurance.
Many people do - perhaps not in so many words, but in the choices they make that lead them down that path.You think people choose to be poor?
In this day and age, the only people who do not have this opportunity are those who have not demonstrated the faculties necessary to get in.Not everyone can afford to college. Not everyone has the opportunity or desire to go to college
Having a right to (x) does not euquate to an entitlement to have others provide you the means necessary to exercise your right to (x).Those people have a right to a good job and good life.
Welcome to the global labor market.Meanwhile the vaunted "job creators" are busy creating jobs in China,
thats very true. A few years ago I purchased a business that had several "cash under the table" employees. At one point when I was particularly frustrated with an employee who refused to come to work (she had been paid a flat $400 cash a week regardless of how much or little she worked), I told her that I was tired of paying her taxes for her (I had to pay myself more in my paycheck so that I could pay her in cash) and I told her that she would have to start clocking in and I would be withholding taxes and reporting her as an employee. She begged me not to do that because it would prevent her from recieving various forms of welfare.
I later found out that she wasn't coming to work for me because she was doing cash job for one of my competitors also.
the $400 a week cash wasn't a fortune, but it was equivilent to something like $500 in regular salary, then when you add to that whatever the other company was paying her, she had to be making well $35-50k/year. Her husband had a similar "job". Together they had work income that likely exceeded $70k/yr at a normal job. Yet they were on welfare, and most likely on the government list of poor people.
I never understood what they did with their money. they rented a crappy single wide trailer, they looked poor, had one car between them (which was always a good excuse for not coming to work). I assume that they spent it all on drugs, she supposedly had terrible migrane headaches (another excuse for not coming to work) and had to take some very expense drugs for that. He also took loads of painkillers for his bad back. Between them they had more ailments than you could find in a typical middle size hospital.
Of course people should be discouraged from borrowing money that they can't repay. That's what banks are supposed to do. But sometimes unanticipated sh*t happens that prevent people from being able to meet obligations that were reasonable when contracted. That's why we have a safety net. That's also why we need stricter banking and derivatives regulation.
I do agree about having stricter banking and derivative regulatons. I don't know so much about the sh*t happens thing though. Yes, sh*t happens all too often, even the best plans can be devistated, but I thought we were talking about welfare, not the government paying our morgages. I'd seriously doubt that many welfare recipients have morgages.
We people live on the planet earth, where decent human beings are generally expected to care about the less fortunate and not spend 100% of their time selfishly looking out for No. 1...
Do you find that those who are NOT fans of the inheritance tax to have no issues?
'cause I find that a lot of people who say things like that tend to have noses.
I am not saying that you in particular have a nose or anything. But I am just describing my personal experience and wondering out loud if you were one of "those people."
I mean I wouldn't directly say that you have a nose, cause I might run a foul of the rules of the board. But launching a backhanded dig at you by saying that you remind me of certain people I have known who have noses, (just one apiece) is prob'ly a safe move.
Not that having a nose, (or not), has any bearing whatsoever on the debate at hand. I mean we all know that an argument stands or falls on its own merits. I'd be a silly old fart if I thought otherwise or tried to use poisoning the well as a debate tactic.
So, I am not going to say that having a nose, (or not w/e the case may be), has any bearing on the legitimacy of you argument. But it is something that I think about and felt compelled to share.
It's odd, I feel like I totally agree with that statement. Yet I don't think that being a "decent human being" and "caring about the less fortunate" neccesatates giving others money. It's not always selfish to look out for No. 1. If everyone looked out for themselves and our family and our coworkers/neighbors/churchmates, in such a manner that they didn't harm others, then everyone would be looked out for and we wouldn't have a need for charity.
Charity should be voluntary, personal, and rare. It shouldn't be ran by the government and it shouldn't even be ran by professional charity corporations (like the United Way). If you have as much as you need, and you see more meet or hear about someone who has truely fallen into hard times, then by all means, help them out.
The largest reason that we have the poor is because thats the lifestyle that they prefer - its a lifestyle in exchange for not having to work much tradeoff. If people choose that, then it's not right of me to interfere.
The largest reason that we have the "working poor" and "lower middleclass" isn't because the government doesn't give them enough, it's because they have a lack of power. There's a direct relationship between power an income and it is exponential. The working poor don't have much power to negotiate better wages, they don't have much power to turn down a job while waiting for a better one, and they rarely get the opportunity to set their own salaries. Welfare does nothing to correct this issue. I do believe there are solutions to solve the plight of the working poor, but welfare is not one of them.
Poor people just mostly need to start looking out for themselves, and if that requires getting a job, then so be it. We have a culture of professional poor people. People who have that profession and the lifestyle that accompanies it have it largely by choice. If it requires living in a shack with no utilities then that must be the life style that they prefer, otherwise they would live a different lifestyle.
Government exists to protect your right to life, liberty and property, not force others to provide you with means to exercise them.Well, I would say that it's precisely the role of government to provide for the general welfare, including providing a safety net.
We people live on the planet earth, where decent human beings are generally expected to care about the less fortunate...
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