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Why are you blaming the adult for living on that wage not the people offering the wage?
An adult has had a lifetime to acquire skills and human capital to allow him/her to contribute enough to society to *earn* a living. Some adults choose not to acquire human capital. Other adults choose not to apply human capital. For example, Buddhist Monks in Thailand come to mind - but it is their choice.
Econ 101: there are no needs, only wants and desires
Source please?
If economists really redefined the word "need" to the point that it has lost its normal, everyday meaning (which would include food and shelter), then we should supplement the word "need" with need*, which means the common usage meaning, if need means this bizarre economist construct.
Then based on context when someone talks about needs, you have to figure out whether they are talking about real needs, or about needs*.
Or just avoid the silly semantic games and say that, yes, there are real needs, like food and shelter, but that some simplified economic models may not incorporate them. That's fine, but that doesn't mean the needs don't exist.
An adult has had a lifetime to acquire skills and human capital to allow him/her to contribute enough to society to *earn* a living. Some adults choose not to acquire human capital. Other adults choose not to apply human capital. For example, Buddhist Monks in Thailand come to mind - but it is their choice.
Except if they can not afford to get more education or are not smart enough, or are disabled it is not a choice. Like I have said before it does not matter if more people get more skills if there is not enough higher jobs for everyone which is true.
Every time you post in this thread, it's like opening an ultra-conservative fortune cookie. Can you please explain how trickle-down economics works in seven words or less?
But in the real world, there indeed are working age adults who are at least 2 standard deviations below the median.
The USA currently has about 322 Million people, of which about 215 Million are "working-age." That gives us about 5.9 Million working-aged adults who may well be unable to learn, including some who have incurred permanent "traumatic brain injuries" (TBIs) from, say, accidents and war, and also adults who were exposed to known toxins when they were in their mother's wombs or in their early lives, and the severely autistic and mentally retarded. These conditions are permanent: that is, there is treatment and support, but TBIs are permanent, as is the state of being "dumb as rocks."
I think it is wonderful that we have social programs designed for these people.
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.
Quote:
Originally Posted by Storm Eagle
...or are disabled...
It is wonderful we have laws and social programs designed for the physically disabled as well:
There are five important federal laws that protect individuals with disabilities from discrimination in employment and the job application process:
* The Americans with Disabilities Act
* The Rehabilitation Act
* The Workforce Investment Act
* The Vietnam Era Veterans' Readjustment Assistance Act
* The Civil Service Reform Act
The real problem, of course, is we talk about the truly needy, but provide benefits for those who go beyond the truly needy.
Every time you post in this thread, it's like opening an ultra-conservative fortune cookie. Can you please explain how trickle-down economics works in seven words or less?
I can explain wealth creation to you, but I can't understand it for you.
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