swframe
Joined 13 years ago
Joined 13 years ago
1. Smarter than me but don't know how to end the cycle of poverty (one had a baby recently at age of 19 and both parents are unemployed).
2. Are not lazy but work in dead-end 60-hour/week jobs where they are not learning the skills that allow them to make enough to escape poverty and have no time to learn new skills.
3. Are not criminals but have accepted their fate and are not working to change their neighborhoods to reduce the temptation of their kids to enter a life of crime.
4. Are not drug users but drug related crime and extreme violence surrounds them (they have seen dead bodies in the streets on their way to work).
Other kinds of poverty exists. My proposal should be adapted to work in the situations I've not experienced.
Once they have pass those classes, they can learn the other stuff.
And this is how we should pay for it. Sell treasury bonds like we would to raise funds to improve our national infrastructure. In other words, invest in poor people in such a way that you can repay the investment from their future taxes. Specifically, pay poor people to work their ass off to fight poverty. (No person should be paid to do nothing; that is a horrible idea.) Allow the wealthy who want to reduce their taxes to keep $x in taxes for every $y they invest in hiring poor people to fight the causes of poverty. In fact, we should create poverty fighting companies who complete and measure their success by the quality of life improvements they cause. The higher performing companies lower the taxes of their investors.
(This isn't even expensive. Paying a teenager to avoid a life of crime costs $1000s/year and putting them in jail costs $10,000s/year. Furthermore, providing teenagers with IUDs costs $100s and saves $1000s.)
For example, I want to talk to someone about selecting an alibaba manufacturer for a specific niche. I also want to talk to someone about how to get products into retails stores. And so on.
There are many related services. For example, you can have translators connect people. I think there is also a need for translators for people with poorly formed ideas; the translators would communicate with the experts who don't want to deal with those people directly.
1. Short stocks in a vital niche market
2. Buy an inexpensive producer of an important product, jack up prices to cause outrage and a strong government response
3. Wait for the market to sell off stocks in the niche market
4. Collect the profits from 1.
5. Dump the producer purchased in step 2.
Unfortunately, I am rarely able to convince others to follow along.
My company is extremely successful and our spectacular failures (often discussed on HN) pales in comparison to our success. I worked for several groups that lost multi-billion dollar markets because they were unwilling to make simple and obvious changes. For example, don't focus on our success and claim victory; look at our failures and make corrective actions. Seems pretty simple but maybe due to the innovator's dilemma, no one seems to care.