457
People get out of poverty faster with a guaranteed livable income says Ontario senator
(www.aptnnews.ca)
this post was submitted on 20 Oct 2023
457 points (98.5% liked)
Canada
7188 readers
332 users here now
What's going on Canada?
Communities
๐ Meta
๐บ๏ธ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
๐๏ธ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
๐ Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montrรฉal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
๐ป Universities
๐ต Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
๐ฃ๏ธ Politics
- Canada Politics
- General:
- By Province:
๐ Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Isn't that what 'trickle down economics' was supposed to be? Give tons and tons of money to the richest people and eventually some of all that money will eventually trickle down to the poor people at the bottom? Wasn't the problem that there was never enough money to make this system work?
According to conservatives, the problem with trickle down economics is not that the idea failed ... it was always a lack of money.
How freaking stupid does the most highly educated people in our government have to be to think that giving money to rich and not giving it to the poor makes sense?
Either they are completely inept and ignorant ... or they are complicit and understand that coddling the rich gives everyone in power a kickback to maintain the status quo.
There was enough money, there was always enough money. There was always too much greed.
โPoverty exists not because we cannot feed the poor, but because we cannot satisfy the rich.โ
Give a company a million dollars to increase production and they will use it to buy back their stock because why would they increase production if there's no one at the bottom to pay for it and increase demand?