Loans don't simply become income for poor people. Moreover, we don't need any more rich people's savings to issue more loans, we're operating nowhere near capacity. The fundamental limit on the number of loans we can issue is the number of suitable borrowers that are available.
If you haven't noticed lending policies have become stricter so it is harder to businesses and people wanting to start businesses to get loans.
SO they seek other types of investments in order to help fund their businesses.
Self interest isn't a helpful sentiment. It's a great story for someone who doesn't suffer from life's complications, like having a disability, or being born into poverty. No human being can survive on their own, we are all born helpless little babies. We all need someone else to invest in us so that we can realize our productive potential.
there is self interest in supporting my family and other people have a self interest in supporting their families. the question then becomes why do you want to make it harder on them to do that?
almost every single liberal tax plan takes more money from my family. so why should I vote for people that are harming my family and their well being?
When the poor are priced out of the articles of production, the economy suffers. When poor people decide to avoid education because of cost, that's a problem. Telling them to "do it yourselves" isn't helpful.
This is what happens when you try and arbitrary try to set pay rates. the fact is they are going to be the only people that can do it. The government isn't going to help them out of poverty. in fact the governments
job is to keep them there. that is why liberals continue to want to expand social programs to outrageous levels. it has nothing to do with helping but control.
Look, the market works best when there's competition, yes ? Well, when the economic behemoths don't have many competitors in their industries, they become bloated and inefficient, worse yet, the little guys (small businesses) often have a hard time competing with them due to barriers to entry. When inequality is severe, the most powerful actors in the economy do not compete, they are no longer in check. That's inefficient.
yep which blows my mind why government more so liberals continue to hammer in policies and regulations that hurt the little guy. it makes no sense to me maybe you can explain it.
my plans involve expanding those little guys to become big guys.
The basic problem is that poor people are forced to participate in the economy before they can realize their productive potential (through education) because of the need to provide food and shelter. They need money for these things, they can't just not get a job. When the economy takes a downturn, a rich person can liquidate their investments and park their assets in bonds. They don't have to participate in the economy. They can just watch it burn, and they can afford to meet all their needs. Poor people don't have that option. They have to take whatever job they can find, and they are often brutal, low wage jobs with little upward mobility. These people often work very hard, and yet have so very little to show for it.
everyone is forced to participate in the economy this is just a given. Unless you live on a farm even the most self sufficient farmer still relies on the economy.
so that really isn't an argument.
yes they can get a job. anyone can get a job. actually rich people do participate in the economy. more so than what you think.
actually they can't but I don't expect you do know this.
well that is where education and training comes into play. if you think you are going to get really far working for mcdonalds then well you are mistaken.
however with training and education you can improve yourself.
my first job was running wire in a building and installing cat5e. I did it for about 3 years.
I was paid 5.15 and hour.
my next job after I graduated was a call center job. it paid 12.45 an hour.
I had to move and I did home automation making 11 bucks an hour.
then I finished my 4 year and got a job with the company I have now.
I started off working 12 hour night shifts for 6 years. then I learned everything I could
and I got a promotion. now I travel all over the world for my company. I make good money
and just got another promotion.
next month I am going for my PMP bootcamp. I will pass the PMP exam and then I will be able to
bump my salary and probably double it.
