Subsidizing the wealthy hurts the middle class more. The wealthy don't want a middle class because it threatens their power and their control of the country.
A strong middle class is necessary for a successful Democracy.
Subsidizing the poor helps more of them rise up into the middle class.
2007-03-22 14:10:10
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answer #1
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answered by dharma_bum48326 3
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Subsidizing the poor. The middle class gets it's money from the wealthy as do the poor. When you subsidize industry you increase their profit margin. They have more to spend. You have to be careful in any subsidies as they can cripple those they are meant to help.
This is by no means a statement that we should not help the poor. We just need to make sure it is help. Making them dependent is not good for anyone.
2007-03-22 21:24:13
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answer #2
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answered by ? 6
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Greed, hubris, narcissism, bigotry, hatred, intolerance, and deceit are but a few of the "attributes" which many of the Oligarchs possess. These qualities are necessary ingredients to achieve the success defined and portrayed by the Oligarch-sponsored media machine. Thinness, self-reliance, strength, financial prosperity, influence, youth, and beauty are essential to being a successful American. Getting ahead and feeling good about oneself, regardless of the cost to others, lie at the black heart of the American dream. The quintessential American strives to meet these goals with abandon and disregard for the impact on others, and generally receives the welcoming embrace of the Oligarchs when they do reach these hallowed objectives. Narcissism be thy name.
As they continue to pillage our treasury and further bankrupt America, the Oligarchs are now on a relentless campaign to slither their way into Social Security to plunder its revenues. Bush touts privatization as a means to strengthen our "ownership society". The reality is that the Americans who would benefit most from privatization would be the current "owners", the wealthiest 1% of Americans, who have more capital than the combined wealth of 90% of the rest of the population. Average Americans would be playing the lottery with their Social Security money while wealthy investment bankers would fatten their already burgeoning wallets with the astronomical up tick in transaction fee money. Under the Oligarchs, the wealth gap continues to widen, the middle class is rapidly shrinking, and the rich continue to increase their holdings through enormous tax cuts. Where might Jesus say to the 1% who is vying to add to their wealth?
2007-03-22 21:08:48
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answer #3
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answered by dstr 6
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Both. However, the poor are subsidized with food and shelter. The rich are subsidized with write offs galore and tax "incentives".
edit: The "idiot below" was a movie wasn't it?
2007-03-22 21:04:47
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answer #4
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answered by Chi Guy 5
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The rich make capital- The govt has no money -for rich make it- Got it- Leave the rich alone.
2007-03-22 21:09:26
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answer #5
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answered by Anonymous
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