Profits
didn’t cause San Francisco’s homelessness. Quite the opposite, profits were suppressed by laws and regulations that severely
reduced home-building. With San Francisco’s economy growing but home availability
restricted, home prices rose so much that not even the middle class could afford
them, never mind the poor.
The
states with the largest and most intrusive governments – California, New York,
and Hawaii – have the highest number of homeless per 100,000 people. Big-government
liberalism doesn’t solve social and economic problems; it causes them.
Government
efforts to control the economy hurt the poor more than they help. If government just
let the economy take care of itself, the poor would gain wealth faster than the
rich, and the gap between the two would narrow.
You
advocate the suppression of human nature. This would help no one except
bureaucrats, who squash human nature big time with government controls.
We
should instead embrace human nature, including the desire to make money. Profit
opportunities abound in helping people meet their needs.
With
tax rates low and government backing way off, private organizations would raise
billions of dollars from the rich and pay it to the needy. The competition
between the organizations would keep their profits tiny in comparison with government’s
massive costs.
