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It's a pity that they don't try throwing money at poverty. Maybe that problem will actually go away with more money being thrown at it. https://news.ycombinato
by peterburkimsher 9y ago
It's a pity that they don't try throwing money at poverty. Maybe that problem will actually go away with more money being thrown at it.
https://news.ycombinator.com/item?id=16040903 https://news.ycombinator.com/item?id=16040903
- imtringued 9y agoI think the primary problem with poverty is that the means to get out of poverty like education, healthcare and housing have exploded in cost.
- pas 9y agoSupply. Demand. Tuition costs skyrocketed because demand* skyrocketed. (Student debt) Healthcare costs went haywire because demand* is insanely huge. * - demand meaning the actual micro-economical concept, that is the curve/graph/function/relation describing the "preferences" of the customers. And since there is a lot of money in the system, the demand is big. A lot of people can and are willing (and of course forced) to spend a lot on health care. (And similarly on education. Since you want the a better future, at all costs, right? Right.)