The poor, the Have-Nots, and Proletariat. There seems to be no shortage of names to call the down-on-their-luck citizens. Nobody wants to be poor, and trust me I have been poor and its no fun. I have seen my grandparents suffer being poor, yet politicians promise year after year that they will help them. We all know that Karl Marx praised them, and people believe that the rich hate them; however, the why are the poor… poor? There is an infinite amount of speculation why there poverty. Many blame the rich for being greedy and not helping out. Some blame the government, and other say it is nature. No one likes too see poor people. I can guarantee that any one reading this blog had, at one point, locked their car’s doors when a homeless person walked by, even liberals are guilty. People want to fix the problem but fail to understand why there is a problem in the first place.
There are countless reasons why there is poverty. I am just going to name one main cause, which we can agree on: No Jobs.
With this major cause of poverty, how can we, the people, fix it?
I know many people say: “Take from the rich, they have enough money already!”
Others, like me say: “Let the free-market help!”
Anyone that knows economics can tell you that a free-market, charities, and a little government help can pull most from the grasp of poverty. How?
The no employment and how to fix it:
The rich want more money. That is a belief we all grow up believing. The question is how do the rich get richer? They invest their money. They invest in start-up businesses, inventions, and corporations. The rich hope that their investment will succeed and if the business or invention does succeed. The rich make a profit. When businesses have money they expand and make more jobs. With more jobs, the poor can finally begin to pull themselves out of poverty. See how easy that was. A good side-effect of higher employment is that more people would donate to charities which in turn would help other less fortunate to succeed. Lower the taxes on everyone and our economy would rebound. Here is a simple way to remember how higher taxes cause more poverty:
Higher taxes on rich=> less investment=>Less business expansion=> Fewer people are employed=> Less tax revenue goes to the government=> Government raises taxes on everyone to make up for shortfall=> More people become poor.
REMEMBER THIS! No matter how hard we may try. We do not live in a perfect world. There will always be the poor and the rich. There is no denying that. The idea of ‘ending’ poverty is a lofty goal but will never be reached. For as long as we are humans, with human emotions, there shall always be the fortunate people and less fortunate people.
