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In response to
"Surely this doesn't have anything to do with helping the poors, does it? -- nm"
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Reagen
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But how? These people don't understand the problems that poor people have day-to-day, or how to link wealth generation to policies that will help
Posted by
Roger More (aka rogermore)
Mar 18 '17, 09:43
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those people.
Think about free trade agreements, for example. When a country is negotiating an FTA, the focus is on getting access to other markets and convincing domestic stakeholders to embrace more competition in their own markets. How the extra wealth generated by that FTA will be spread out is an afterthought. It's not like countries that earn extra profits from exports thanks to the FTA pay extra taxes (especially not in the US system) The spreading around takes the form of whatever short term $ (like, for re-training) is needed to get it ratified by the legislature. There's little thought given to how to actually help someone who is 45 and laid off because their industry isn't competitive.
Plus, you've got a big part of government that (generalising) doesn't see helping the poor as part of government's role because they're focussed on the disincentives that come with a welfare state and see things like social care as a cost, not an investment.
We're starting to see new ideas develop, like a universal guaranteed income, but at the moment these are policy concepts that have never been implemented to figure out how they work in practice.
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