Article

2011-11-13 Economy

Poverty Rates - Liberal and Conservative Complaints

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Posted by Bobby 2011-11-13 10:29|| || Front Page|| [4 views ] Top

#1 There are fewer poor people under age 18 and more over age 65

On the other hand, those over 65 hold more net worth than those under 18. So if you're going to play the 'redistribution' game, use the old advice about why people rob banks - because that's were the money is. Meanwhile the older group who actually have the vote continue to insist that the younger group subsidize them.

Posted by Procopius2k 2011-11-13 11:03|| 2011-11-13 11:03|| Front Page Top

#2 > Reprogramming federal programs to aid those most in need while scaling back benefits to those that may be relatively well off will limit the impact of aid cuts that probably cannot be avoided

A very bad idea. This is almost the definition of subsidising Moral hazard. If you're not eligible for benefits, you shouldn't have to pay for them.

Posted by Bright Pebbles 2011-11-13 12:35|| 2011-11-13 12:35|| Front Page Top

#3 If you're not eligible for benefits, you shouldn't have to pay for them. Our only alternative seems to be going full Amish. Minus the terrorist beard-cutting, of course.

Posted by Anguper Hupomosing9418 2011-11-13 12:52|| 2011-11-13 12:52|| Front Page Top

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