ReturnOfJudah
Veteran
I fukk with my peeps from Mississippi though.. don't yall take it the wrong way. Parts of up north Louisiana aint shyt to brag on either
Brother, most people live better than that in the 3rd world
Which one?
Mississippi is obviously a horrible situation, though...but that' still better than 3rd world
I don't think the average person realizes how bad 3rd World countries are unless they're from one, have been to one, or they have family from one. Those people in Mississippi have it bad, but it's not even comparable.
The question she raised was, "why are celebrities donating to foreign countries and not disenfranchised neighborhoods in America?", not "why isn't there any trickle down of financial aid in these neighborhoods?". You misunderstood my post completely.No.
American cities are poor because there politicians block aid, not because they don't have it. The government could print out as much money as it wanted TODAY and send it to these communities but if the politics are divisive then the money never reaches those areas.
Most places in Africa simply do not have the local economies or banking infrastructure to do the same which is why they take on debt from countries like America and institutions like the IMF.
I don't wanna see anybody else here complaining about their jobs anymore
Somebody always got it worse while y'all complaining about your office jobs there's someone 9ut there taking a shyt in a shed next to a lawnmower
The question she raised was why are celebrities donating to foreign countries and not disenfranchised neighborhoods, not why there isn't any trickle down of financial aid. You misunderstood my post completely.
seThere's a narrative that they stick to, and that is America is the affluent big brother of the world that takes care of it's less prosperous brothers.
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America IS the affluent big brother of the world. It is selective with whom it allocates it wealth, usually by race, but there is NOTHING stopping this country from printing a blank check for any of these impoverished American communities.
As we know, the government hardly does things without weighing cost-benefit analysis. Pouring money into low income areas with poor job prospects may to the government seem like a drain on public resources. They would rather pour money into areas with high job prospects where they can recouperate the public financing through taxes.
There is no risk or cost or drain. Its all a sham http://www.thecoli.com/threads/imf-...afford-to-live-with-high-debt-forever.324868/
inherited public debt represents a sunk cost – so, abstracting from rollover risk, there is little purpose in paying it down by raising taxes or cutting productive government spending (of course if there is scope to cut unproductive spending this should be pursued).
pay down debt by raising taxes or cutting "productive spending".
pouring money into low income/low opportunity areas can be construed as being less productive by economists.
Austerity is the exact opposite of what is being suggested in the article.Who do you think feels the effect of this???
ITS CALLED AUSTERITY