- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Why so much talk of raising minimum wage? Why no discussion on cost of living?
Posted on 5/9/14 at 8:06 pm to Tiguar
Posted on 5/9/14 at 8:06 pm to Tiguar
quote:
So, I am curious as to why we view the situation such that the only solution is to increase the money flow rather than decrease the cost of living.
There are already plenty of programs in place to reduce the poors' cost of living. Food stamps, subsidized housing, the EITC, etc. Not that they are all adequately funded - but to suggest this hasn't been thought of before is a bit off the mark.
This post was edited on 5/9/14 at 8:07 pm
4
Posted on 5/9/14 at 8:16 pm to SpidermanTUba
thats not what I'm talking about, and I think you know it.
Posted on 5/9/14 at 8:16 pm to SpidermanTUba
quote:That's not really reducing the cost of living.
There are already plenty of programs in place to reduce the poors' cost of living. Food stamps, subsidized housing, the EITC, etc. Not that they are all adequately funded - but to suggest this hasn't been thought of before is a bit off the mark.
That's taking other people's money and spending it on the poor's behalf so that they don't have to pay as much for things.
Posted on 5/9/14 at 8:34 pm to SpidermanTUba
quote:
There are already plenty of programs in place to reduce the poors' cost of living. Food stamps, subsidized housing, the EITC, etc. Not that they are all adequately funded - but to suggest this hasn't been thought of before is a bit off the mark.
I'm sure you know this is a silly statement but I'll respond amyway.
What makes you think this reduces the cost of living? I would argue these type programs actually increase the cost of living to everyone, especially the poor. If you tax higher income earners more then they are more likely to spend less because they have less. That reduces the amount of money available to be spent which leads to price increases to compensate.
This post was edited on 5/9/14 at 8:35 pm
Posted on 5/10/14 at 1:02 pm to SpidermanTUba
quote:
There are already plenty of programs in place to reduce the poors' cost of living. Food stamps, subsidized housing, the EITC, etc. Not that they are all adequately funded - but to suggest this hasn't been thought of before is a bit off the mark.
Government welfare programs raise the cost of living.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News