Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: cnyndwllr who wrote (140631)	7/12/2010 11:45:39 AM
From: Mary Cluney	Read Replies (1) \| Respond to of 541791

<<< I wouldn't address the narrow issue of how to deal with those who lost their jobs and are currently unemployed as a separate issue.>>> The worry is about redistribution from the successful to the poor and the distortions that it creates. The obvious answer for those worries are to do away with fiscal policies altogether that aid poor people that are economically distressed. Poor people can always rely on the kindness of charitable people to help in their suffering. And of course, there is no concern about rich people gaming the system through subsidized speculation, insider deals (a la the way GWB and Dick Cheney amassed their wealth), and the unproductive rich getting richer via Bush tax cuts and so on. Leave things alone. The invisible hand will provide.