Welfare, a system where money is given to the needy, is a valiant effort to help those in need. It is, unfortunately, an impossible system. For who decides whether the homeless veteran or single mother is more needy? The government, of course! While nearly everyone can agree that some situations offer impossible choices, the government is always there to provide solutions. Horrible misguided solutions that often create a problem bigger than the original one, but solutions nonetheless. Now that the purpose and reason of existence for welfare have been outlined in a manner quick and brutal enough to make Genghis Khan wince, I'll outline the problems that make welfare worse than no help at all.
Welfare encourages continuing to receive money for doing nothing. Why work for minimum wage when you can get a comparable amount of money for doing absolutely nothing? Why try to climb the corporate ladder when that would take work? Why advance yourself when the government is making sure you'll be fine either way? The answer to all of these questions vary depending on who you ask, but the fact that they are serious questions at all is the problem with welfare. Not to mention the drain welfare puts on the government and economy, nor the fact that it's a step towards socialism.
Welfare encourages complacency. It's a well intentioned misguided program. The people who can work obviously shouldn't be on welfare, yet there are literally millions of people on welfare at any given time. The myth that single mothers are the majority of people on welfare, is, of course, false. The fact is that many people from every race and parenting statistic can be found on welfare, and obviously not all of them are unable to work. Those unable to work should be aided, those capable of working shouldn't be. Why reward laziness with your tax dollars?
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
A Cynical look on the Press Conference
The market has suffered violent and volatile movement over the past few days. The first two days after the election, the DOW lost an entire 10%.
Today, Obama had his first press conference as the President-Elect. During this time the market was in free fall as he talked about more bailouts for dried up, bureaucratic companies and more handouts or stimulus packages at the cost of the taxpayer. One sentence he uttered changed all of this however.
"I think that the plan that we've put forward is the right one, but obviously over the next several weeks and months, we're going to be continuing to take a look at the data and see what's taking place in the economy as a whole."
As commented upon by CNBC news reporters, many hope that this means he will hold off on raising the capital gains, as well as other taxes, for a time. The mere hope that Obama might not raise taxes the second he steps in office not only reversed the direction of the market, but sent up the DOW to positive territory to close at +248.02 8943.81. Obviously, this show us a very proportional correlation between market direction and taxes,but it also lets us know what direction we are going in as a whole. Although people hope he will not raise the taxes, he most certainly will. Higher taxes on the wealthy was one of the key points of his agenda.
The Bush administration promised a smaller government, and instead what we got was a vast increase in government spending. These failures have been so great that we have been wallowing around in our own wasteful spending for quite some time.
So we have finally gotten "The Change We Need"
In other words, we have replaced our dirty diaper with a new one. Maybe what we really need is to grow up and start using the toilet.
Note: Copy of full speech transcript in comments.
Today, Obama had his first press conference as the President-Elect. During this time the market was in free fall as he talked about more bailouts for dried up, bureaucratic companies and more handouts or stimulus packages at the cost of the taxpayer. One sentence he uttered changed all of this however.
"I think that the plan that we've put forward is the right one, but obviously over the next several weeks and months, we're going to be continuing to take a look at the data and see what's taking place in the economy as a whole."As commented upon by CNBC news reporters, many hope that this means he will hold off on raising the capital gains, as well as other taxes, for a time. The mere hope that Obama might not raise taxes the second he steps in office not only reversed the direction of the market, but sent up the DOW to positive territory to close at +248.02 8943.81. Obviously, this show us a very proportional correlation between market direction and taxes,but it also lets us know what direction we are going in as a whole. Although people hope he will not raise the taxes, he most certainly will. Higher taxes on the wealthy was one of the key points of his agenda.
The Bush administration promised a smaller government, and instead what we got was a vast increase in government spending. These failures have been so great that we have been wallowing around in our own wasteful spending for quite some time.
So we have finally gotten "The Change We Need"
In other words, we have replaced our dirty diaper with a new one. Maybe what we really need is to grow up and start using the toilet.
Note: Copy of full speech transcript in comments.
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