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> I'm offering advice. You're free to ignore it. You're presenting a political view. That's not just "advice". > Do you actually have any direct experience in
by politicsight 10y ago
> I'm offering advice. You're free to ignore it.
You're presenting a political view. That's not just "advice".
> Do you actually have any direct experience in living at or below the poverty line in the US? Recent experience is important, as the situation has been changing. Or are you observations made from a position of privilege? If the latter, you might want better data.
I grew up in a post-communist Eastern European country, and have a lot of experience with that (my parents were on the poor side). I'm currently a middle-class programmer, so I wouldn't say I'm privileged (although you might disagree).
I believe I have plenty of data and experience with poverty. I'm also very skeptical of redistribution, after seeing what communism actually did to my own country.
- cmdrfred 10y agoThere is a concept called velocity of capital. The IMF believes that the current wealth distribution lowers that velocity, and thus weakens the economy [0]. How you distribute that money can be a matter of debate but the fact that it would be beneficial for most people to do so is not. [0]http://www.economist.com/blogs/economist-explains/2015/06/economist-explains-11 http://www.economist.com/blogs/economist-explains/2015/06/ec...