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| Re: Fox News - Is Government Aid Helping or Hurting Blacks? (791861) | |||
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Re: Fox News - Is Government Aid Helping or Hurting Blacks? |
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Posted by JayMan on Wed Jun 8 09:21:21 2011, in response to Fox News - Is Government Aid Helping or Hurting Blacks?, posted by Osmosis Jones on Sun Jun 5 02:20:59 2011. I know you guys were totally waiting for my take on this, and I haven't yet read through the entire thread to confirm this, but I guess by now you probably have an idea on what I'm going to say:I will start by saying that I find it fascinating that Stossel says that "Economists understand the truth"; the reality is they don't or they choose not to, because if they did they would recognized what's contained in Richard J. Herrnstein's and Charles Murray's The Bell Curve or Richard Lynn's and Tatu Vanhanen's IQ and The Wealth of Nations and IQ and the Global Inequality. Welfare doesn't keep many blacks poor, or for that matter the many whites and people of all other races; rather it keeps many of them alive. For these people are poor not because of disenfranchisement from the market; they are poor because they have little to offer the market, because of their low IQ's, low contentiousness, and other less than marketable traits. Even in an a perfectly fair and all-white society, a certain segment of the population would be on the lower rungs of the economic ladder because of their place on the left side of the IQ bell curve. This would seem to be a forgone and natural conclusion when one recognizes the fact that people differ in their abilities and temperaments, yet it's lost upon many mainstream reporters when they tackle the issue of poverty; doubly so when race is added in. Stossel of course is libertarian so he spouts a lot of libertarian unfettered-market rubbish. Lowering or eliminating the minimum wage would not help lift the impoverished out of poverty because this would not at the same time magically lower the cost of living; rather it would only serve to create an army grunt workers slaving away in squalid conditions without being properly compensated. Worse, it would have little impact on most of the unemployed poor because a good share of them are incapable of meaningful work; rather it would only serve to harm the bulk of the dutifully working poor by depressing their wages. This piece is an example of why denying reality in the form of race and IQ denial is dangerous: it leads to hare-brained ideas and schemes that can set society back or irreparably harm it. |
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