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Living on handouts or at the taxpayer's expense is not dignified or sustainable, and should be discouraged. A fruitful strategy in my opinion would be to encour
by CryptoPunk 9y ago
Living on handouts or at the taxpayer's expense is not dignified or sustainable, and should be discouraged. A fruitful strategy in my opinion would be to encourage people to become financially self-reliant from passive sources of income, to the point of not requiring employment income, by building up their capital, and looking at the interventions done by the government that impede capital formation, especially for those starting from nothing, like:
* licensing restrictions that exclude amateurs and small businesses from participating in various industries (e.g. securities laws that prevent non-public-companies and unaccredited investors from issuing stock to the public and buying stock from non-public companies, respectively)
* occupational licensing
* high tax burdens
* government deficits crowding out lending to the private sector
* zoning restrictions causing housing costs in core economic regions to increase