Poverty is a Self-Inflicted Disease?
“The inner harbor of Baltimore has a 20% poverty rate and a 50% high school dropout rate.”
Uneducated teenagers have few marketable skills. They can’t work to learn new skills because (1) wealth transfer payments via welfare make it unprofitable to work and (2) minimum wage legislation prices them out of the job pool, especially in this tough economic climate.
Further in the article we learn that “unemployment and poverty were at least 50% higher than in the surrounding area.” These conditions can mostly be attributed to government taxing policies. This is why poverty is a self-inflicted disease.
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