reply to post by RSF77
I got to say that although you talk some sense about problems with the Fed and the current financial system you went on to talk nonsense about the
safety net.
Having a safety net has got nothing to do with communism, its the human thing to do for those that are unable to afford to live as the rest of us.
Under capitialism the system dictates that there will always be a number of people unemployed at any one time, the safety net ensures that those
without jobs do not fall into complete poverty.
Also by having a safety net as a society we ensure that demand for goods (benefiting all of us) remains more constant - in other words when there are
recessions, rather than people in poverty not being able to buy goods, use food stamps, use federal programs, the demand for those goods, stamps etc
continues. That way those who supply services, goods for these people (for example in shops) remain in their jobs and unemployment does not go even
higher.
So not only is there a moral argument for helping those who are currently unable to afford to live properly, there is an economic benefit for all of
us as well.
edit on 11-1-2012 by freethinker123 because: (no reason given)