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| Re: Housing Projects Re: Jane Jacobs Re: Cross Manhattan expressway (466162) | |||
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Re: Housing Projects Re: Jane Jacobs Re: Cross Manhattan expressway |
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Posted by Chris R16/R2730 on Wed Jul 25 15:06:06 2007, in response to Re: Housing Projects Re: Jane Jacobs Re: Cross Manhattan expressway, posted by Rail Blue on Wed Jul 25 05:48:15 2007. (2) To address the causes of poverty: e.g. by increasing the minimum wage, granting tax rebates to large families, etc. Minimum wage increases do nothing to address poverty since most of those earning it are not poor. Minimum wage jobs are usually held by young people, working mothers or senior citizens, all of whom have additional sources of income. Raising the wage will simply reduce the number of jobs available. It will also encourage illegal immigration (you can pay an illegal anything they'll accept, which is usually less than the minimum wage). Governments cannot cure poverty. It can only ease some of it's symptoms. Adam Smith recognized that every society will have an underclass over 2 centuries ago. |
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