honalieh
UKC Forum Member
Registered: Jul 2003
Location: PA
Posts: 2162 |
Rip
Government Dole/Inheritance Dole (two forms of welfare with different sources). I don't see a significant difference. Both are living off money that they did not earn through their own work/efforts/merit. The biggest difference I see is the source of funds, and status in society. Otherwise, we're talking about the same type of people (work ethics wise). Regarding cultural sophistication, we're probably (usually) talking about huge differences. But, that's aside from the point.
Regarding your investment point that investments provide jobs. That's Supply Side (Trickle Down) Economics. That's the theory that the Reagan and GW Bush administrations used to give huge tax cuts to the rich (we financed them). The problem being that these were unfunded tax cuts for the rich being put onto the back of working America through increased debt loads on each and all of us, for the benefit of few.
I believe that our economy and country would be better served by Demand Side Economics. The majority of America (working class) want things they can not afford, so they do without (ignoring credit card chargers). Put the rich tax cuts in the hands of the middle class (but, lets balance a budget), and they would become buyers of product, seeking a source of supply, thereby driving the economy, and providing investment opportunity to those that can supply the demand. CONSUMERS DRIVE THE MARKET!!!
Govt. Welfare (barring participant abuses, which we know happen) basically provides for housing, clothing and food needs. They may be taking govt. money, but they're not keeping and accumulating it. It goes right back into the economy. They are not so much of a drag as they are a conduit. They don't keep or accumulate wealth. They put what they get right back into society. Inheritance Welfare Participants still must meet their needs/demands, but after that shift to the supply side and the accumulation of wealth. Our economy is better served by putting money into the hands of those that must/will/want to spend it. Spending drives the economy.
Supply Side. As a soon to be Health Care Provider, you will have the supply side. That's Great!!! I commend you. But, for you as a supplier to have success, you will need a demand for your services. If there is a real demand for your services, but no resources in the hands of the demanders, would you want to work for free?, or would you prefer that they had the resources (including insurance) to pay you? Supply without demand is worthless. When you put power/money in the hands of the Demanders, those that can supply that demand will benefit.
Enough for now.
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