John Stossel - Alleviating World Poverty
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@worldofdraculas This is of course terrible. If they eat too much they will get strong and invade us, then we'll be speaking Chinese. DO YOU WANT THAT!?
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@worldofdraculas Everytime I clock in at work, I am buying a corrupt African politician a BMW. At least, I get something in return when I buy something made in China.
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"We're not asking for your money"? If you want our government to give foreign aid then yes, you are asking for our money.
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@chadbrochill61 That is, trade always provides net benefits. Some people do lose though. In an importing nation, domestic producers are hurt, but consumers are better off. In an exporting nation, producers are better off, and consumers are hurt.
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@worldofdraculas Yep, and you're also saving money, which helps your own standard of living. Trade is always a win-win.
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@TombaFanatic Thank you.
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Ireland didn't develop by receiving alms nor by implementing libertarian policies. It developed by creating an external debt 12 times the size of its GDP. If they don't default, they will be back to the bottom of the EU where they came from.
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@Shonenut213 You're the troll! It shows!
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@jrwel14 whatever troll
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Most of africa doesn't have a good enough education system.
1:18:42
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Every time you buy something Made In China, you're buying a China worker a meal.
worldofdraculas 5 months ago 10
Ease of doing business has done more to rid the world of poverty than anything else. Low taxes and no welfare might be what we libertarians desire, but i'll admit it's not necessary. Whether there are low taxes, high taxes, no welfare, a lot of welfare, you will see that poor countries lack ease of doing business, while rich ones often have very free markets (even if backed by welfare and burdened by taxes).
Africa is poor due corrupt governments, not taxes or lack of welfare.
TombaFanatic 8 months ago 4