| jason1637 said: 1. Minimum wage jobs are not meant to be a career. If someone is working a minimum wage job then they did something wrong. Also if we get rid of welfare and social security then corporate taxes can be decreased which will let business to be able to pay their workers more. |
So much wrong with this.
1) Getting rid of welfare and social security does not guarantee tax reductions.
2) Lower taxes does not guarantee higher wages.
3) Not enough high-paid career jobs for everyone.
There are plenty of nations with welfare/social security and low taxes, higher wages.
And on the flip side... Trickle-down economics which you seem to enjoy, doesn't always work.
| jason1637 said: 2. A higher minimum wage does not mean much because the markets would end up adjusting. Even though Australia has a higher minimum wage their poverty rate is at 13.2% while it's 12.3% here in the US. |
Poverty is very different here in Australia than in the US.
Everyone for example is entitled to healthcare and dental.
https://www.news.com.au/national/how-would-your-life-compare-australia-vs-us-where-it-counts/news-story/8a2f2142a8681e00129551519db6a8f3
Markets don't really "adjust" as much as you think, not with such a globalized economy these days, the internet tends to keep companies humble.
| jason1637 said: Investments don't always work out in the end but it's still an option and if you invest wisely the returns can be really good. If someone becomes unemployed then they should look for another job. |
Which is the entire point of "social security". - To provide people financial security.
Of course they should look for another job, but sometimes they aren't available in certain geographical areas until economic conditions improve.
| jason1637 said: 3. Well depressions don't happen all the time and eventually go away with time. Yeah it will hurt people financially but that's just how it is. |
The USA is still feeling the effects of the last one, in-fact the majority of the developed world is. (Only South Korea and Australia avoided the worst of it out of the developed world AFAIK.)
| jason1637 said: 4. If you have a medical condition you should take your meds lol. There is a difference between taking medication and getting addicted. |
You didn't stipulate the differences.
Still, if you are unemployed/low-income earner, how do you propose they buy said required medication?
| jason1637 said: 5. If you invest in communities the standad of living will increase which will allow people to get better jobs so a mother can afford food and an old women can buy insulin. |
There isn't a guarantee that more jobs will be created or the standard of living will increase.
| jason1637 said: 6. The people that actually need help can get help through the government investing in lower income communities and through charities. They don't need a government handout. |
It's not just a "Government handout". - It does allot of good socially and economically.
It's a blatant fact that those who are poor tend to spend the vast majority of their income, where-as the wealthy tend to leave it sitting in a bank, it's not money being reinvested in local communities or frequently taxed.
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