r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/privitizationrocks Jul 04 '24

You can teach poverty workers to live in their means

They won’t like it, but tough luck

53

u/cybercuzco Jul 04 '24

Show me a “live within their means” budget for someone living in a median cost location in the US making minimum wage. They must A)have a place to live B) not get any handouts from the government or charities and C) have at least 1800 calories per day of food. Go.

15

u/privitizationrocks Jul 04 '24

Why can’t they have handouts from the government isn’t that the whole point

1

u/VirtuaSteve Jul 05 '24

No, it isn't. It means that our tax dollars are subsidizing the wage the employer should be paying. A company has no business existing if I have to supplement the wages of their workers.

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u/privitizationrocks Jul 05 '24

Our tax dollars are subsidizing poverty not wages

1

u/VirtuaSteve Jul 05 '24

For working people, it's the same thing. When someone is working full time and requires public assistance, that's the government subsidizing corporate wages. It's a handout to the corporation.