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Originally Posted by beachbum
when my family first came to the US(legally!!) my parents got 2 full time jobs each while working for 5.15 an hour while my sister and i went to school. now they own 2 houses and 4 cars. theyre about to start a small business. dont try to tell me about poverty... i lived through it. if theres one thing that i learned its that you set your own path. your economic situation is set by you. if your poor, its because youre trying hard enough.
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Well for one thing either you and your sister were older or there was other help and, quite critically, you had both parents, neither of whom was sick or incarcerated.
Still though I don't want to give the wrong impression. Right now I think America does well by those in poverty. We do give them the help they need, at least monitarily, between minimum wages and other support. (on that note in a lot of America a car isn't optional. You need it to work. Though I guess you could get a moped or something)
It's that I think we should address the underlying issues, such as baby mammas, instead of just calling them lazy and then having to continue to pay up for the next generation of baby mammas. That isn't doing anyone any favors.
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That doesn't solve the problem of poverty though. How ever, as wages fall, more should be produced, thus more should be demanded, thus wages should raise again (eventually). I think this kills three birds with one stone. More people are employed, we are brought out of recession, and since people are earning less there will be less fat poor people (joking).
I think most people knew that a wage decrease was coming.
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Um, no. First of all you seem to be operating under the assumption that the problem is that there are far to few crappy jobs to go around. This is not the case. The poverty issue is that people raising kids on a crappy job(or two) are below the poverty level. Again particularily the single mothers.
The point being that as wages fall significantly more would not be produced. Well, unless you declare "look the other way Mondays" on the Mexican border. That would get production up.
Also I don't see where you get the idea that wages would then rise up. That comes from a worker shortage, and as the wages rise any jobs that got created via lower wages would dry up. I suppose your belief is that a temporary wage drop would supercharge the economy such that it could then sustain itself paying even higher wages.
But again starting from the "significantly more is not being produced" angle I don't see where that would happen.