I don't know how this little economics lesson got started, but I feel the need to balance it out. We can't have you liberals running around unsupervised now, can we?
Welfare has never and never will help anything. One of you said earlier that we ought to give everybody, poor or not, a flat sum of money from the government. Now, if everybody is given the same amount of money, no matter how much it is, that amount becomes the poverty line. Inflation will occur in correspondence with the increase in cash flow. The poor will still be poor, the rich will still be rich. The only reason money is worth anything is because somebody else doesn't have as much. Therefore, you can help the poor by only helping some of them. I've always been a fan of the Roman patronage system. A poor person appeals to a richer person for financial assistance. The client makes his case and the patron decides whether he is worth the investment. We have banks that make loans in this fashion. The government cannot be involved in this whatsoever. If it is the government giving out money, then everybody has to get money, but with a private investment, the loan is based on actual qualifications. Of course a better way to help the poor is to give them a job. They can earn a paycheck, as well as provide a good or service to others. There's a novel idea. It's the same result as welfare, only they're being worthwhile and beneficial to society, instead of just sucking down the welfare checks and pumping out little baby democrats who can suck down more welfare. When the rich buy lots of useless crap, they're actually helping the economy. The people down in the factories and in the retail stores and in the mines all benefit from consumer purchases. Trickle-down works if you let it. The rich aren't the problem. But when that hard-earned money is stolen by the government to hand out to worthless welfare-sucking democrats, the economy suffers. Or when the government uses the money to build roads, the economy suffers (anybody driven anywhere in NC lately? your tax dollars at work). If you want to help somebody financially, do it with private investments, or start a business and give them a job. Inflation will still occur, that's inevitable with a stimulated economy, but at least they'll be doing something.
What's best for the individual is best for the whole. This is a nation of, for, and by the people. Don't just sit back and let the government take over.
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