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You need food to live and shelter to protect you from the weather which can kill you those are not wants.
Untrue. There is nothing necessary about it at all. If Storm Eagle has neither food nor shelter, Storm Eagle may indeed die, but it is not necessary that you live in the first place. If you die, the sun will still rise in the east and set in the west.
Storm Eagle may very well *want* to live, but it is a want, not a need.
In Economics, it is all about the allocation of scarce resources against unlimited wants and desires, including the want for food & shelter in order to live. But these are wants, not needs. You do not need to live.
Unfortunately, far more than 5.9 Million working-age adults participate in them, just as there are far too many welfare cheats with new cars and smartphones who receive WIC and SNAP benefits.
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And the flip side is it is truly unfortunate that the demand for labor is low enough That there are any unemployed people anywhere on this planet.
Go interview the head of Rent-A-Center and the owners of the Paycheck loan stores how you can get rich off of poverty and the poor. They are very well versed in it!
I once spent 6 months in Houston. I rented furniture for my apartment from Rent a Center's corporate furniture leasing division for $150 a month. Before I got there, my GPS accidentally took me to regular Rent a Center, where I also inquired...the price was $150 a WEEK. The only difference is at regular Rent a Center, they get desperate people who don't have choices, where at the corporate division, they deal with wealthier people who DO have choices, so they are the ones who get the better price.
Banks too...it is poor people who have low balances who end up paying $50 in fees for their accounts, while I am lucky enough to have a few thousand in checking so I don't pay any fees. The rich get richer and the poor get poorer and all that.
There is a fourth choice: Rent something cheaper or move in with someone else. When I first graduated from college, I lived in a house with three other guys for the first 3 years before attempting to get my own place.
There is a fourth choice: Rent something cheaper or move in with someone else. When I first graduated from college, I lived in a house with three other guys for the first 3 years before attempting to get my own place.
Even so, living with roommates is almost always an inferior VALUE for your housing dollar.
For example, I once rented a room in a house of eight.,
The whole house rented for less than $1000 and I was paying over $500 to rent a room.
The constant fighting and drama in the house was merely a bonus.
Even so, living with roommates is almost always an inferior VALUE for your housing dollar.
For example, I once rented a room in a house of eight.,
The whole house rented for less than $1000 and I was paying over $500 to rent a room.
The constant fighting and drama in the house was merely a bonus.
Paying 1/2+ of the cost for a 1/8 position is a very foolish choice. Why would you do such a thing?
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