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To: FITZ
one reason is that now the very low income class can buy homes with 0 down and use $400 or more in government housing subsidies to buy their house.

Which, even if one disagrees with the redistribution, shows an economy that is on a positive swing.

There is two ways of looking at your statement, one is we can afford to redistribute, and the second is our economy can afford such costs because of the cost generation through Government reallocation.

I opt for the first.

24 posted on 09/18/2004 1:32:25 PM PDT by EGPWS
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To: EGPWS
we can afford to redistribute

Which could just mean we're in the aftermath of a good (non-Socialist) economy --- but Socialism cannot end up being a good economy.

Many of the people getting government handouts now are actually working full-time --- making $5.15 an hour but with all the housing subsidies, food stamps, WIC, Medicaid and so on, they seem to be doing very very well --- but what happens if any of the handouts has to be cut back or they lose that minimum wage job? The difference of just a couple thousand dollars a year could do them in quickly.

25 posted on 09/18/2004 1:51:48 PM PDT by FITZ
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