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Reply #9: giving money to the poor [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
abelenkpe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-17-08 12:18 PM
Response to Reply #3
9. giving money to the poor
or loaning money to the poor has never helped on a large scale or a small scale. It simply puts people in a situation where they then owe their benefactors. You are right that what is needed is for the government to invest in large scale infrastructure projects that benefit our society at large (alternative fuel and the infrastructure to support it). that way people will have pride in their work, the security of steady work, and from there the economy will blossom. Our country needs to return to producing something.

This economic stimulus baloney is just a show to distract the rest of us while the big players in the market hide their wealth the best they can in the little time left before it becomes obvious to the rest of us that we are screwed. What do you think is going to happen if the market goes back to 10,000 and the last seven years of gains are wiped out of everyone's 401k? People are pretty complacent. Maybe it won't be so bad after all?

I wish I knew what an average worker could do to protect themselves.
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