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Re:How do cash transfers impact the people who don’t receive... by yunohn on Monday August 22, 2022 @05:08AM (#32549069)
Supplying handouts does not affect the wealth gap - giving the needy some real capital like own housing, shops, etc would actually contribute to that goal. Handouts don't help enough because the money is spent on their necessities (which was the point), and obviously that means the money immediately flows to the rich ones that supply those items (housing, food, etc).

Reducing the wealth gap is crucial, I think you're severely misunderstanding.

Re:How do cash transfers impact the people who don’t receive... by newaccount74 on Monday August 22, 2022 @08:17AM (#32550295)
Yeah, this is an unfortunate side effect of many social programs. Eg. housing assistance is just money that (1) goes directly to landlords and (2) removes market pressure and keeps prices for low quality housing higher than it should be.

Way more effective would be caps on rent, but for some reason politicians don't want to use this tool....

Re:How do cash transfers impact the people who don’t receive... by lupire on Monday August 22, 2022 @11:13AM (#32552589)
Caps on (housing) rent suppress development. Caps on rental profit (economic rent) suppress profiteering.