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Wednesday, January 30, 2013

AP: Video: Bill Gates: On Poverty and The United States: How to Reduce Poverty in America



Does the United States spend enough on poverty prevention and poverty assistance in America. Well considering we have roughly fifty million Americans living in this country and we spend to take. Bill Gates figure .02% of our Gross National Product on poverty assistance and prevention in this country. Roughly 35B$ a year or 700$ a year per person in this country, roughly the per capita income per person in Ethiopia. One of the poorest countries in the World, I would say of course not but we shouldn't judge our success levels in dealing with poverty. By the amount of money we spend on it but by the results we are getting, how these people are living. Are they able to pay their basic bills, have enough quality food for the whole family, kids getting a. Good education and so fourth because even if we were spending at the World average for developed nations. Of 1% of GDP or so, thats still around three thousand dollars per person, when we really need to be at. 15-20K$ per person in poverty that would go so these people can meet their basic needs. But there would also be resources there so they can move themselves out of poverty in areas like. Education, job training and job placement.

Which is why we need to either replace the minimum wage with a living wage or have two different floors of income in this country. A living wage and a minimum wage, a living wage for workers and a minimum wage for people collecting Welfare Insurance. People with low skills who simply don't work because they don't have the skills that they need to make enough money to be. Independent in life, we should be rewarding work over dependence to encourage low skilled Americans. To get an education but also encourage low skilled Americans to work to get a job and be able to pay their own bills. Thats how you move people out of poverty in America, not just by spending more money but doing it in a way. Where low skilled people are able to pay their bills in the short term but also have a shot at a real future where they can take care. Of themselves and not be forced to live on public assistance for their whole lives.

The next step in dealing with poverty in America and it really should've been part of the first step eighty years ago. Is to invest in things that actually move people out of poverty and not just financially support them while they continue to live on poverty.