Re: Public Finance

On Wed, 23 May 2007 01:24:39 GMT, "Dan in Philly" <djr8@xxxxxxx>
wrote:

<royls@xxxxxxxxx> wrote in message...

Irrelevant. If a typical poor person gets $X per year from the government,
then (in the ansence of govt largess) private charity would have to pay $X
per year to that poor perrson to maintain his standard of living.

No, because most of that $X is going for use of land that he would be
free to use if he were not being excluded from it.

No, because (at least in Philly) the poor people live in areas with
abandoned buildings.

Some of those who can't afford the rent on useful land do, perhaps.

So you can get land PLUS capital for $0.

Ah, no, actually, you can't. The fact that the owners are waiting for
better times does not mean they are willing to give the land away for
free.

That's much
less than the hundreds (or thousand +) dollars that the poor receive from
the gov't.

Yes, and that's much less than the millions (or billions) of dollars
that the rich receive from the government in the form of rent
collection privileges, including land titles.

The rich get an order of magnitude more money from society for doing
nothing than the poor do (about 20% of GDP vs 2%), and are about an
order of magnitude fewer in number (1% of the population vs 10%). So
the averqage rich guy is getting about 100 times as much money for
doing nothing as the average poor one.

-- Roy L
.

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