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Is there any avenue for investment and personal growth for the majority people in coal country, let alone those on long term welfare? I ask because a wealthy fr
by civilitty 9y ago
Is there any avenue for investment and personal growth for the majority people in coal country, let alone those on long term welfare? I ask because a wealthy friend sends a substantial amount of money home to relatives in WV ($2k per person or so) and even though they save quite a bit, there is nothing for them to do with that money other than move out to a more economically active area if they want to improve their lives. Starting a business or getting an education is pointless because there's no market for anything but the bare necessities. They even had trouble finding good local caterers, photographers, and a wedding planner even though they had saved up enough money to cover a decent wedding in an urban city.
Basic income at least has the ability to thrust everyone in a region into the market by giving them disposable income so that there is actual activity that can provide opportunities.