[identity profile] gunslnger.livejournal.com posting in [community profile] talkpolitics
America Becoming a Nation of Freeloaders?

That's the intro to the whole 1 hour special that was on last Friday. I can't find the whole thing online yet, maybe someone else can. Here's a link to the original piece that John Stossel did years ago. And some of the topics covered in the new special are described in Stossel's blog.

In big government America today, it’s rich people who freeload the most. Corporations do it. And rich individuals do it. People like me...Eventually, a storm swept away my first floor. But I didn’t lose a penny. Thanks! I never invited you there, but you paid for my new first floor. A few years later, the whole house went. Again, government flood insurance covered my loss.

To me, this is the ultimate in patriotism, identifying the problems with our government rather than blindly accepting them. Recognizing that trying to help a few has unintended consequences that need to be dealt with. Cutting corporate welfare is smart. That maybe if we stopped giving away money to those who don't need it we might not have to raise taxes on anyone.

Unfortunately, as Stossel's earlier piece shows, I think our society is too far gone down the entitlement track to fix this problem, so I have no hope things will get better.

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Date: 29/3/11 01:39 (UTC)
From: [identity profile] meus-ovatio.livejournal.com
You have to give them money or they'll move to New Jersey.
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Date: 29/3/11 16:44 (UTC)
From: [identity profile] debergerac.livejournal.com
we must all do our part to add to the national debt.

Means testing and caps

Date: 29/3/11 02:07 (UTC)
From: [identity profile] brockulfsen.livejournal.com
At some threshold of annual income, start scaling back such payments, so at four times minimum wage, you start reducing the payment by say 20c for every dollar the earn that year.

For other payments, simply set a maximum amount of payment. Using flood insurance as an example, make it twice the national average family home.

Pick some reasonable threshold beyond which the government smiles and says you don't need our help. Besides we already spend all your taxes paying police and the fire department to give you the services your privileged ass demands.

Re: Means testing and caps

Date: 30/3/11 06:08 (UTC)
From: [identity profile] mikeyxw.livejournal.com
How about if we just let people buy flood insurance on the private market? This exposes them to the true cost of living in a flood plain. There's less math involved as well which I believe makes for better tax policy.

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Date: 29/3/11 02:28 (UTC)
From: [identity profile] foxy-hues.livejournal.com
I love John Stossel and his sexy mustache!

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Date: 29/3/11 02:51 (UTC)
From: [identity profile] whoasksfinds.livejournal.com
the beast has gotten too big to tame, sadly. its going to take a real awakening.

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Date: 29/3/11 03:16 (UTC)
From: [identity profile] devil-ad-vocate.livejournal.com
We are truly doomed. I've given up. From now on, I'll just accept any new entitlements that come my way... with no complaints.

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From: [identity profile] telemann.livejournal.com - Date: 29/3/11 03:23 (UTC) - Expand

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Date: 29/3/11 04:24 (UTC)
From: [identity profile] kylinrouge.livejournal.com
The cycle of money. Rich people give money to politicians that make the government give money to rich people so they can give it back to politicians for more money.

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From: [identity profile] underlankers.livejournal.com - Date: 31/3/11 15:51 (UTC) - Expand

Right on the money

From: [identity profile] russj.livejournal.com - Date: 29/3/11 13:37 (UTC) - Expand

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Date: 29/3/11 05:14 (UTC)
From: [identity profile] fizzyland.livejournal.com
I distrust John Stossel and his luxuriant mustache.

Cutting corporate welfare is a spiffy idea but given how addicted elected officials are to servicing the wealthy I question if it will ever happen.

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Date: 29/3/11 22:13 (UTC)
From: [identity profile] blue-mangos.livejournal.com
Yep, it's my general rule in life not to trust anyone with a porn-stache.

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From: [identity profile] underlankers.livejournal.com - Date: 30/3/11 19:48 (UTC) - Expand

John Stossel

Date: 29/3/11 13:36 (UTC)
From: [identity profile] russj.livejournal.com
If there was ever a political show I'd watch regularly, it would be John Stossel.
He conducts himself reasonably, without the shrillness that many of these pundits have.
But I don't get Fox Business channel, so I've only seen his specials so far.

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Date: 29/3/11 15:15 (UTC)
From: [identity profile] eracerhead.livejournal.com
Flood insurance is paid for by the participants premiums. When he says it didn't cost him a penny he was not counting the cost of his premiums. I assume he is smart enough to understand this, so he is being disingenuous (aka he is lying).

The government 'subsidy' amounts to secondary insurance which was difficult to get from commercial sources for flooding. One can argue that inexpensive insurance leads to more development in flood-prone areas, but it is hardly freeloading.

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Date: 30/3/11 00:49 (UTC)
From: [identity profile] underlankers.livejournal.com
Jesus would simply leave the poor to die of starvation on the street and sit with a bucket of popcorn and watch freeloaders' houses burn. I know because that great theologian Fischer told me so.

_________

Now, in all truth the USA, with the most stingy welfare system of the rich countries and the largest defense expenditures in the world is not going to collapse if we spend money on helping people instead of on million-dollar ashtrays for Generals and Admirals.

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Date: 30/3/11 00:52 (UTC)
From: [identity profile] underlankers.livejournal.com
Not to mention that the Republicans still completely ignore the question of how we're going to pay for Bush's wars and why we need to piss away money for military things that are never going to happen and are unnecessary and furthermore suited for the military needs of 20 years ago. What do we need super-fancy fighters for? The Vulcan invasion? If we don't develop our fancy fighters are we doomed to have Fleetlord Atvar conquering us all?

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Date: 30/3/11 04:23 (UTC)
From: [identity profile] kylinrouge.livejournal.com
I don't understand how small government types can reconcile corporate welfare. They claim it 'creates jobs' but where is the evidence? Small businesses create the vast majority of jobs in America, this is statistical fact. Why do big corporations need handouts if they're not even a significant source of employment growth?

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Date: 31/3/11 01:44 (UTC)
From: [identity profile] kylinrouge.livejournal.com
http://i.imgur.com/lEqFV.gif

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Date: 7/4/11 06:43 (UTC)
From: [identity profile] foolsguinea.livejournal.com
Isn't the problem the entitlement of the privileged?

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