toomuchtime_
Gold Member
- Dec 29, 2008
- 20,039
- 4,953
The solution to poverty is to get a job, and in today's economy, anyone who wants a job can get a job. In economic terms, labor is a resource, and wages are determined by supply and demand, just as the price of other resources are. We have an historically low level of unemployment, 3.7%, virtually full employment, and this will cause wages to rise naturally.a fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed solves simple poverty in that market friendly manner. you can't get more market friendly than that with our form of Government.People who are working don't need much in the way of social services. In addition, lowering tax rates and other Trump policies has increased investment in the US economy and a growing economy will produce increased tax revenues. The combination of a growing economy and a lower need for social services should increasingly offset the initial decrease in tax revenues and lower the deficit over the next several years.only in right wing fantasy.No, what we need is what President Trump has given us, a robust economy in which anyone who wants a job can find one and a labor market so tight, wages will rise naturally as employers compete for the best workers and unemployment has become a lifestyle choice.solving simple poverty would render this case study a non-issue.
we really just need a fifteen dollar an hour minimum wage and unemployment compensation at fourteen dollars an hour.
social services cost a lot. simplifying Government can lower that tax burden.