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HedonicTreadmiller · 4094 days ago · link · · parent · post: How to Cut the Poverty Rate in Half (It's Easy)
Agreed, this is one of those "give a man a fish he eats for a day, teach him to fish he eats for life" examples. If everyone in the US was given $2920 as suggested (costing $900 billion), it would indisputably cut the poverty rate in half by definition. Among those under the poverty line...the dumb ones would buy flat screen tv's, the smart ones would milk the money for all that its worth, but in the end of the day everything would return to normal. It's like having a group of people dying from dehydration on an island, deciding to ship them each a one gallon water jug, and then leaving with a smile and thinking "problem solved!"