While the president has stood strongly behind Israel since Hamas attacked, he said on “60 Minutes” that a new occupation of Gaza would “be a big mistake.”
The problem is starving homeless children. Feeding them and giving them housing fixes this. It also gives them more opportunities, which makes it more likely they contribute to society in meaningful ways (including paying more in taxes than we spend helping them, especially when factored over generations). The alternative is often a bigger tax burden via the criminal justice system. (Prison is much more expensive than housing vouchers and food stamps).
Bringing people out of poverty is a good economic investment. The only time handouts don’t help is when they go to the financial sector. It doesn’t improve tax income for the State and investors begin to predict bailouts, making risky investments more worthwhile because Uncle Sam will help them out.
It’s almost as if throwing money at free handouts doesn’t fix the problem.
The problem is starving homeless children. Feeding them and giving them housing fixes this. It also gives them more opportunities, which makes it more likely they contribute to society in meaningful ways (including paying more in taxes than we spend helping them, especially when factored over generations). The alternative is often a bigger tax burden via the criminal justice system. (Prison is much more expensive than housing vouchers and food stamps).
Bringing people out of poverty is a good economic investment. The only time handouts don’t help is when they go to the financial sector. It doesn’t improve tax income for the State and investors begin to predict bailouts, making risky investments more worthwhile because Uncle Sam will help them out.
Tax the rich, feed the poor.