Cut welfare & Raise the minimum wage = Less gov't bureaucracy (employment, salaries)
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Let's face it, if we're allowed to pay people barely enough money to live, then there's going to be some obligation by society to keep a family from starving. So why not raise the minimum amount they're paid, and then we can make huge cuts to welfare while people who get out and work are rewarded by the private sector? Obviously the cost of goods will go up slightly, but isn't it preferable that your money goes to the poor directly through their employment instead of being filtered through layers of Government buildings, salaries, and pensions?
$13.50/hour, perhaps with some cost-of-living adjustment, and then trim SNAP by 1/2 and TANF by 2/3. Kill section 8 fully, the worst of the worst welfare, where a tiny fraction of the poor get to rent a place for <$150.
No. This is a terrible idea and it's one that a person who has no economic education would promote.
For starters the minimum wage is a bad thing, and raising it is only worse. It makes businesses increase their prices (leading to hyper inflation of our currency) and forces business to cut employees.
Cutting welfare I'm okay with, but it should be done smartly. For example I don't have a problem with short term welfare, but long term welfare is a definite no no. That's just being lazy, welfare should not be treated like a career choice as it so often is in this country. Exception to the mentally and physically disabled, society should take care of them.
Also you forget that some people fail to live within their means.
The best thing to do is to create a stronger economy and improve the value of our currency. This can be done by cutting taxes so business can grow and switch to a pure credit system only.
No. This is a terrible idea and it's one that a person who has no economic education would promote.
For starters the minimum wage is a bad thing, and raising it is only worse. It makes businesses increase their prices (leading to hyper inflation of our currency) and forces business to cut employees.
Cutting welfare I'm okay with, but it should be done smartly. For example I don't have a problem with short term welfare, but long term welfare is a definite no no. That's just being lazy, welfare should not be treated like a career choice as it so often is in this country. Exception to the mentally and physically disabled, society should take care of them.
You are right, cut welfare and eliminate minimum wage altogether..
I agree. We could start with, at least, having a minimum wage equal to about what the minimum wage was in the late 1960s, which is around $10 an hour, I think? Lot of brainwashed Boomers on here say the 1960s were the good ol' days, so what's wrong with having $10 per hour minimum wage then? That's what it was back then then in today's dollars. The economy didn't collapse then, did it, Libertarians? Quite the contrary, it was part of the most prosperous time in American history. But, we're told minimum wage is bad for the economy, bad for the Austrian School, etc. But, let's not let facts and history get in the way
It's not surprising to see the "just dump the poor people over the cliff" brigade out this morning.
The key to any (moral) solution to the matter eliminating public assistance requires other measures that result in effectively full employment in living wage jobs. There is no magic bullet.
Allow producers to produce without the foot of government on their neck.
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