ahardtospell
Oct 3, 2017

Free Market Cures to Poverty

4 comments

A recent major study by Brookings found that 96% of people who did not have children before the age of 21, graduated high school, and got a job soon after did not remain permanently poor. I'll just address the job question, although high school graduation and avoiding teen pregnancy are equally as important. In order to improve access to the workforce, the government should remove barriers to entry that hold down the least-skilled and least-experienced potential employees.

Rachna Shah
Oct 3, 2017

Thank you for sharing your thoughts! What do you view these barriers to entry as?

ahardtospell
Oct 3, 2017

The more politically savory ones are occupational licensing requirements, which, except for jobs that involve real health and safety concerns, block new workers from entering professions. For example, there are ludicrously long certification programs required to become florists or manicurists, among other jobs. Additionally, many of these certifications involve exorbitant fees for licenses to operate businesses, often in excess of $1,000, which is obviously a lot for a young, unemployed, or poor person attempting to enter a new profession.

Rachna Shah
Oct 3, 2017

I had no idea that the certification programs were that intensive! Would you recommend alternative forms of regulation, such as state certification or registration?

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  • ewennberg19
    Jun 21, 2018

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  • soodivya59
    May 7, 2018

    Poverty has been a perennial issue and a stain on the progress of humanity. While the presence of poverty cannot be eliminated, the government must take an activist role by alleviating the impacts of poverty. Given that I am from the U.S. and of Indian origin, I have witnessed urban poverty in both countries. I've seen that victims of poverty often have no choice but to engage in dangerous, illegal activities (i.e. lying to authority, stealing, selling items amidst moving traffic on the streets etc.). This puts such individuals, specifically the youth and elderly, vulnerable to unimaginable dangers. Poverty continues through generations and only gets more severe as income inequality increases through modern day globalization and technology. The government must impose a series of programs to help poverty victims break the cycle. They should start with helping the youth (after all, the youth are the future!)- by having a proper education system, programs which enforce moral values, and a way to provide the bare minimum resources to families in need. As per funding, this should be the immediate matter for the national budget and top priority for governments to fund. This can help families who have long endured poverty break the cycle and find ethical, well-paying jobs.