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Could of just help by giving kids in that community loans to start businesses, jobs, and opportunity. But no let's not do that cause that seems like welfare.
by DeonPenny 7y ago
Could of just help by giving kids in that community loans to start businesses, jobs, and opportunity. But no let's not do that cause that seems like welfare.
- bitlax 7y agoI assume you mean grants. It's generally bad policy to load money to people who are unlikely to pay it back. Unless you mean the government should suppress the interest rate. And those would sort of be a form of welfare. It's ok to just admit that you like welfare.
- DeonPenny 7y agoI mean the same type of investment that an engineer in SV would get or a Kiva gives out. It bad policy only if theirs no turnkey solution, but if you look at immigrants have created hair stores, convenience stores, and such it would be easy to train and capitalize those Americans to do the same in their very own neighborhoods.
- bitlax 7y agoSo private individuals lending money to each other on a case by case basis? Nobody views that as welfare.
- module0000 7y agoYou don't need special permits and legislative buy-in to help people either, which isn't the case with mass surveillance. I think this billionaire isn't motivated by philanthropy, they are motivated by money. This is an opportunity to make it, and government officials have an opportunity to suppress undesirables. I don't feel at home in this world anymore.