Popular Posts

Wednesday, November 04, 2015

The 7 Keys To Trapping As Many Americans As Possible In Poverty

Keeping Americans poor in a prosperous country like America is not as easy as you think. After all, this is the “land of opportunity.” Legal immigrants pay tens of thousands of dollars and wait years for the opportunity to come legally and illegal immigrants often risk their lives just so they can get here and do menial work. This is the country that made Bill Gates, Steve Jobs and even OPRAH into billionaires and it’s a nation where you can have everything from hoverboards to medicine for your pet delivered right to your door. So when there’s so much wealth and opulence everywhere, how do you lock Americans out of that success?

No matter what you do, there will always be a few poor people around, but to really maximize those numbers there are very specific government policies abetted by a few cultural attitudes that will make all the difference. You want to make as many Americans poor as possible? Then start by….

1) Making Sure Taxes And Regulations Are Sky High: The biggest enemy of poverty is economic growth, which creates more jobs and higher wages. How do you slow down economic growth? One of the best ways to do it is to ratchet up the taxes and start pouring on the regulations. Let small business owners spend an inordinate amount of time wondering if they’re in compliance with some law they’ve never heard of instead of how to improve their service. Let them spend years working to make a profit and then take such a big chunk of the money they make that they want to give up. Make these small businesses spend thousands of dollars complying with nearly useless regulations instead of hiring new employees. Nobody is pulling himself out of poverty without a job and so the more jobs you kill, the better!

Once again, you can read it all here.

3 comments:

  1. And this is exactly what Obama has done during his reign in office and if idiots go out and vote for Hillary it will just be more of the same. Why can't they see that they are getting no where fast?

    ReplyDelete
  2. We have more of the same on a local level in Salisbury. There are people, both black and white, who profit greatly by keeping minorities "in their places". It works for black city council representatives to maintain their power and keep the entitlements coming and make it look like they're actually doing something more than just sitting at a table. Shanie Shields did it for almost 12 years. April Jackson has a chance to turn that around, but probably won't.

    ReplyDelete

Note: Only a member of this blog may post a comment.