Throwing $$$ At Probs Not Solution

iVillage Member
Registered: 04-04-2001
Throwing $$$ At Probs Not Solution
20
Fri, 09-03-2010 - 4:19pm

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iVillage Member
Registered: 08-14-2010
Sat, 09-04-2010 - 5:19am
Great post. It puts things in clear perspective. Your article is a great example of why socialism is a failure. Some people will simply and continually fail regardless of how many resources you send their way. The ones deserving of additional resources are the ones that have a history of showing how to use those resources most productively.
iVillage Member
Registered: 10-25-2006
Sat, 09-04-2010 - 8:59am

I wonder if prof. Hoekstra is any relation to the nutty Rep. Pete Hoekstra (MI)who proposed "an amendment that would allow voters to directly repeal laws passed by Congress – a move that would radically alter the Founding Fathers' system of checks and balances."

http://www.huffingtonpost.com/2010/08/23/republicans-hot-cold-on-c_n_690745.html

The 2001 rebate checks were $300 or $600--nothing like winning a $65,000 lottery. While I agree that small, one-time rebates like that do nothing to improve the economy long term, I disagree with the author's conclusions. The article in the OP only discusses bankruptcies among lottery winners. Does the author think that everyone who needs financial help or files for bankruptcy plays the lottery? To extrapolate, and surmise that giving cash to those who are struggling during hard economic times only postpones bankruptcy, is foolish.

I suppose the author would also oppose extending unemployment benefits, which I firmly believe need to be extended because of the protracted slump we are in. I also support most of the federal and state governments' social programs that provide basic necessities for those living in poverty. Those forms of assistance are not viewed by most recipients as one-time windfalls, but as a means of survival.

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http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 02-15-2007
Sat, 09-04-2010 - 9:23am

iVillage Member
Registered: 11-10-2006
Mon, 09-06-2010 - 8:46pm

>>>>>

 


 


 


iVillage Member
Registered: 02-15-2007
Tue, 09-07-2010 - 11:57am

iVillage Member
Registered: 04-04-2001
Tue, 09-07-2010 - 3:27pm

My take on the study is somewhat different than yours.


Quite frankly, if people are impulsive, choose short-term gratification over long-term planning, are functionally illiterate and lack basic knowledge about finance, have a chaotic personal life, indulge in substance abuse. . .giving them more money only guarantees that they will blow more money.

iVillage Member
Registered: 02-15-2007
Tue, 09-07-2010 - 4:35pm

iVillage Member
Registered: 11-10-2006
Tue, 09-07-2010 - 9:33pm

Your a darling!

 


 


 


iVillage Member
Registered: 11-10-2006
Tue, 09-07-2010 - 9:40pm

It is easier for Politicians to promise "hope and change" than to tackle the real roots of poverty.

 


 


 


iVillage Member
Registered: 02-15-2007
Wed, 09-08-2010 - 10:09am

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