Who Is Dependent On Welfare? This Is How Welfare Works

Submitted by: thething911 2 weeks ago in News & Politics


Make no mistake: It's the wealthy, not the poor, who are dependent on government subsidies.
There are 35 comments:
Male 496
What came first the chicken or the egg? Did Government start giving welfare to low income people or did Corporations start paying less because they know their employees would get welfare?
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Female 376
Much of it comes down to people wanting $20 an hour, No schooling involved. Very little education but demanding to be paid close to what a doctor makes. Its simply an entitlement attitude.  Gawd forbid you actually went to school, college and busted your behind & worked hard to have something a little nicer than maybe your next door neighbor but again the society thinking is changing simply to What you have Im entitled too as well.
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Male 2,672
Complain all you want but most people are shit horrible at handling their money.  Thank God it's Friday...oh fuck it's Monday.  Living on credit....no budget....no plan.  Most of you here are broke and it's your own damn fault  because you ain't got a clue or a plan and you honestly believe that a good credit score is the path to financial security.  Get your own house in order and you won't give a fuck about corporate welfare.  Yes it's hard but easier than being broke.  It ain't "the man" keeping you down, it's you.  
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Male 3,152
dromed How can you be so happy at people stealing from you?

Are you this whimsical and light-hearted with EVERYONE that steals from you?

If a guy breaks into your house and steals your stuff, will you give him a high five and hold the door for him while he removes your flat screen tv?
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Male 295
dromed A person that pays attention to their finances certainly would give a fuck about multibillion dollar corps getting money from taxpayers.
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Male 4,164
To put things in perspective. This is Smaug the dragon
it has estimated his total treasure to be 9 billion dollars. The Walton family has 11 times that amount. 
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45
dm2754 Way, way low.  The forbes writer later admitted the description of the treasure in the book was at least $54 billion.  The movie just went overboard and showed thousands of tons in gold, though of course that ignores its loss of value if there was that much in circulation.
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Male 3,152
dm2754 That's hilarious lol.  Thank you.

We need some walmart memes for smaug.
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Male 3,625
Here's my stance;
There needs to be safety nets in place. Minimum wage is fine. Now, we can argue and argue what that should be and what it entails, but I don't think anyone here at IAB wants to see minimum wage abolished. But aside from that, I think that the market should decide the wages.

Raising the minimum wage hurts local businesses and helps the rich.
WalMart has the resources to pay their employees better. There's no arguing that.
Local businesses often do not.
If local businesses can't pay the higher minimum wage, they shutdown. Their employees now are on welfare (the thing we're all trying to avoid), and end up getting McJobs. (That is, the larger corporations that can afford to pay the higher wages)
Now that WalMart has no more competition, they hike the price of everything within the store because they can, and want more money.

End result: status quo. We loop back to where we are now because of greed, except now we all have to shop at WalMart because there's no where else to shop.
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301
DuckBoy87 Walmart is the number one fan of welfare. A large number of their employees need it to subsidize their wages because of how little they make.

If they pay their employees a fair wage, they'll simply raise the prices of all their products and pass it onto the consumer, because the big corporate bosses need to make their own.

Honestly? I think that corporate wages should be tied to employee wages, and should not be allowed to pass a certain percentage. They wouldn't go for it though.
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Male 3,625
pleasestop Okay, then what's a "fair wage" for stocking shelves? It's about supply and demand. Anyone can stock shelves. Supply of workers is high. WalMart doesn't need 5000 shelf stockers, cashiers, toilet cleaners, etc, etc. Demand of workers is low. The equilibrium within the laws of economics say that the pay of said workers are relatively low.

In contrast, supply of people who can actually run a whole empire (a CEO) is low. And the demand for such people is relatively high. Guess where the equilibrium is for that. What's a "fair wage" for someone like that?

Even if corporate wages are tied to employee wages, we'd still have the same problem.
Either wages become high for the worker, where it becomes impossible for local businesses to compete for workers, they go out of business, and you're still stuck giving money to WalMart.
Or, corporate wages become voluntarily so low that now none of the workers are paid more than minimum wage. But then the corporate still get the money through other means.
WalMart made it's fortune by smart business practices, that is, they buy in bulk to receive lower prices on goods, and pass the savings onto others. Most local business still can't do that.
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Male 998
DuckBoy87 Make it so that corporations have to reflect their workers. Corporations are considered people on the basis that they represent people. Make it so incorporating counts only the workers as its representatives and it loses its advantages to screw over workers.
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Male 3,625
marsii First, thanks for a not trolling comment, and opening a legitimate dialogue.
Second, I'm against the idea that corporations are people, but that's a separate argument altogether.
Third, I'm not quite sure what you mean. Could you give a direct example?
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Male 740
I know of no other country that allows income tax benefit for having a mortgage. 

Why was it done ?

What was its intent ?
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Male 3,625
punko To incentivize the buying of property.
To allow more people to purchase property, knowing that some of their mortgage will come back to them.
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Male 740
DuckBoy87 Ahh, but of course these tax benefits only work for those that need the assistance to purchase property (low and middle income earners), and only works for lower scale homes? 
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Male 1,838
punko Um, no.  The low and middle income earners don't get the mortgage interest deduction unless they're stupid; the standard deduction often outweighs the interest deduction now.  Back when mortgage rates were in the double digits, this would have been beneficial but I have to ask: Does it matter if you're paying the bank or the government?  You're still paying it out.

Maybe this only holds true around me.  My house would sell for double what I paid for it if I moved it 20 miles east.  Probably ten times as much if I moved it 40 miles instead.  Even at the higher prices, the mortgage interest alone would not be enough save money for someone in the brackets that could afford even double what I paid.
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Male 3,625
punko Yeah, unfortunately not because of equality.
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Male 3,152
Americans are convinced that giving people a livable wage is akin to socialism.

It does not matter how many billions the rich take in, they just prefer to blame the poor.

Walmart could flat double it's profits this year and would not pay its workers one cent more.
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Male 1,838
daegog 
Walmart actually will pay more regardless of sales this year.  They are in the process of making their minimum wage $10/hr and will be making incremental adjustments throughout the year.  The really nice part about that is my wife got a raise with everyone else penny for penny even though she was already making more because of time in and regular raises.

Did you know that reporting a Walmart employee to the manager for a job well done can get the employee a $50.00 bonus?  The GM gets to hand out 6 of these a month and it goes in their file for the next review.  They also match 401(k) and stock options for their employees starting at day one and provide a 10% discount card after 90 days.  Working for Walmart really isn't that bad.  Given time you can make a lot, I know a door greeter / loss prevention employee who makes $23/hour because she's been there for 20 years.  Not too bad considering she only has a high school education.

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Male 740
daegog Ford knew the power of living wages - he ensured his workers made enough to afford the products they were making.
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Female 4,209
daegog You pointed out the problem yourself.  "GIVING" people a living wage, not "EARNING" a living wage by bettering yourself to do a job that pays more than making sure someone's burger doesn't have onions on it.
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379
melcervini You might want to actually watch the video, where it points out that wealthy people receive more welfare than poor people. To use your phrasing, the people who are being GIVEN money rather than EARNING it... are the wealthy.
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Male 3,152
melcervini How can anyone EARN the billions the walmart heirs are making unless someone else is GIVING away their labor for almost nothing?
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Female 4,209
daegog hard work?  drive?  a better sense of self?
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Male 998
melcervini Absolutely false.
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Male 7,812
melcervini And you are a living example of a Rube.  You have bought hook line and sinker that it's hard work or drive that makes you wealthy.  (While they aren't bad traits to have they don't define if you will be wealthy or not.
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Female 4,209
daegog if all you know how to do is fold towels, mop floors and have no drive to improve yourself and your situation, why should you be GIVEN ANYTHING? 

Why go after walmart et al?  why not start your own business instead of whining about someone else's success?
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Male 118
melcervini Because Wal-Mart is now the 300 lb gorilla.  They will fight any changes that improve peoples lives.  They subsist on the poorer classes.  
  I don't shop at Wal-Mart but do shop at Costco where they pay much better wages here in Canada.  The employees do seem like a quite jovial bunch by the way.
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Male 3,152
melcervini Why are you so ok with all the welfare that walmart is getting?  What the fuck do the walmart heirs know how to do but count money?

If i started a business and you were taxed to hell and back to make sure i made billions would you be ok with that too?
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Female 4,209
daegog so, no one should benefit from their own family's hard work... why?  because its not FAIR for someone to have more than someone else?  what kind of bullshit is that?  btw walmart's tax rate is 32% and they paid out over 7 billion in taxes last year.

Walmart Welfare is a myth
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Male 7,812
melcervini See what i dont' like is when you go to the extremes, But if you do this, that means no one should be wealthy?  That's not what anyone is saying.  There is such a thing as TOO MUCH just as there is TOO LITTLE.
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Male 3,152
melcervini 

I didn't say that no one should benefit from their family's hard work, but you didn't asnwer the question.  Are you ok with being taxed to hell so i can make billions?

And walmarts welfare is NOT a myth

https://www.forbes.com/sites/clareoconnor/2014/04/15/report-walmart-workers-cost-taxpayers-6-2-billion-in-public-assistance/#17c3255b720b

Your link is broken.

AND lets have a look at this:

http://www.politicususa.com/2015/06/17/bombshell-report-finds-walmart-hiding-billions-dollars-avoid-paying-taxes.html

Walmart has incorporated itself in LUXEMBOURG, to hide billions more.  There are no Walmarts in luxembourg.

They are literally stealing money out of your pockets and here you are defending them.

You are willing to pull a gun on someone coming after your purse but if they take your money with a suit and tie you don't seem to care at all.
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Male 545
daegog yeah, I didn't know what the fuck they were talking about either. And yet here they are, stalwartly defending things they have no fucking clue about. Hi Mel! Good god you're dumb.
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Male 310
Great art work!
Go get your Undergraduate minor in Global Poverty!

Take a look at her introduction in her latest book "Encountering Poverty."

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