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Old 12-30-2012, 03:21 PM
 
Location: McLean, VA
448 posts, read 870,918 times
Reputation: 266

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The article in the link below talks about what it calls the "industry" that has been built around poverty in Memphis, TN. In short, many businesses benefit from the gov't money that poor people receive. Without food stamps, for example, many grocery stores in poor neighborhoods would close. Many poor people will also be able to buy cars starting next month because of the tax refunds and tax credits they will receive next month. That will be a boon to used car dealers in Memphis.

The takeaway is that many businesses ultimately benefit from the redistribution of wealth that happens. And we are preventing people from completely falling between the cracks...

Poverty industry drives Memphis economy » The Commercial Appeal

Read it all...
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Old 12-30-2012, 03:25 PM
 
Location: Columbus
4,877 posts, read 4,509,122 times
Reputation: 1450
If the government stopped sticking their nose in the economy those people could get a job and they wouldn't need public assistance.

Much more efficient too.
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Old 12-30-2012, 03:27 PM
 
Location: USA
13,255 posts, read 12,131,938 times
Reputation: 4228
Quote:
Originally Posted by OhioIstheBest View Post
If the government stopped sticking their nose in the economy those people could get a job and they wouldn't need public assistance.

Much more efficient too.
Somebody has to create those jobs.

It takes money and resources to start a business. Businesses don't start out of thin air.
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Old 12-30-2012, 03:29 PM
 
Location: Columbus
4,877 posts, read 4,509,122 times
Reputation: 1450
Quote:
Originally Posted by Gtownoe View Post
Somebody has to create those jobs. Are you?

Also, it takes money and resources to start a business. Businesses don't start out of thin air.
And it would take a lot less money and resources to start a business if employers weren't forced to comply with the silly government mandates and licenses.
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Old 12-30-2012, 03:32 PM
 
Location: McLean, VA
448 posts, read 870,918 times
Reputation: 266
Quote:
Originally Posted by OhioIstheBest View Post
If the government stopped sticking their nose in the economy those people could get a job and they wouldn't need public assistance.

Much more efficient too.
Many of them ARE working, but not making that much. We are talking about unskilled people and technology has eliminated many of the better paying jobs that unskilled people had. This isn't the 1970s and 80s where a person with a high school diploma could get a decent job and support a family.

The safety net is a must. Plus businesses benefit from it
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Old 12-30-2012, 03:34 PM
 
Location: USA
13,255 posts, read 12,131,938 times
Reputation: 4228
Quote:
Originally Posted by OhioIstheBest View Post
And it would take a lot less money and resources to start a business if employers weren't forced to comply with the silly government mandates and licenses.
I def agree with ya!

I edited my post, didn't mean to be offensive.

I just wish people would support better ways for people to make money.
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Old 12-30-2012, 03:38 PM
 
33,016 posts, read 27,469,142 times
Reputation: 9074
Quote:
Originally Posted by OhioIstheBest View Post
And it would take a lot less money and resources to start a business if employers weren't forced to comply with the silly government mandates and licenses.

For years I have been saying that government is the obstacle keeping many poor people from starting a business of some sort.
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Old 12-30-2012, 03:41 PM
 
Location: USA
13,255 posts, read 12,131,938 times
Reputation: 4228
Quote:
Originally Posted by freemkt View Post
For years I have been saying that government is the obstacle keeping many poor people from starting a business of some sort.
It's tough for anybody, let alone poor people, to run a business in today's environment. It's easy if your a huge corporation and have the labor and resources to make sure your in compliance, its completely different when its a 1 or 2 man operation and money is limited. Not only that but the Big Banks "fee" you to death and make it even harder.
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Old 12-30-2012, 03:45 PM
 
33,016 posts, read 27,469,142 times
Reputation: 9074
Quote:
Originally Posted by Darkseid View Post
The article in the link below talks about what it calls the "industry" that has been built around poverty in Memphis, TN. In short, many businesses benefit from the gov't money that poor people receive. Without food stamps, for example, many grocery stores in poor neighborhoods would close. Many poor people will also be able to buy cars starting next month because of the tax refunds and tax credits they will receive next month. That will be a boon to used car dealers in Memphis.

The takeaway is that many businesses ultimately benefit from the redistribution of wealth that happens. And we are preventing people from completely falling between the cracks...

Poverty industry drives Memphis economy » The Commercial Appeal

Read it all...

The first time I saw a "Celebrate Diversity" message I came up with an idea for a trade show designed to show the opportunities available to profit from poverty:

"Celebrate Poverty" a trade show with booths promoting business opportunities in corner ripoff stores, pawn shops, "we finance" used car lots, payday lending, liquor stores, lottery sales, slumlording, etc etc.
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Old 12-30-2012, 03:50 PM
 
33,016 posts, read 27,469,142 times
Reputation: 9074
Quote:
Originally Posted by Gtownoe View Post
It's tough for anybody, let alone poor people, to run a business in today's environment. It's easy if your a huge corporation and have the labor and resources to make sure your in compliance, its completely different when its a 1 or 2 man operation and money is limited. Not only that but the Big Banks "fee" you to death and make it even harder.

I was thinking precisely of those 1 or 2 person businesses, the kind you can do out of your home. The state and local permit/license/fee (and sometimes bonding) and even zoning requirements make that difficult for anyone trying to start on a shoestring.
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