I said many pages ago that Jim is one of those idiots who thinks if you just gave everyone in the world a million bucks no one would be poor any more. He lacks the basic grasp of economic principles most of us learned in high school, which is weird because I assume Jim went to a UK high school and would have undoubtedly learned about Germany's economy after WWI, where people were pushing around wheelbarrows of deutschmarks to buy a loaf of bread.
Every solution Jim has ever proposed on his show begins and ends with 'X bad. Stop doing X'. I don't know why any of us are surprised his approach to solving poverty is lacking in nuance or actionable objectives.
It's not even the inflation that you have to worry about, people literally spend it on worthless shit.
California and Washington DC both give the homeless unrestricted access to housing, in DC's case they get vouchers so they can even live in upscale apartment blocks (at your expense, how nice of you!).
Guess what happens? Almost immediately shit goes bad. The normal people who have debt/lost jobs (and also the minority of homeless) live somewhere amazing. Maybe they don't deserve to, but whatever. The rich neighbours are lefty-do-gooders and feel much joy that they get to pretend they helped the oppressed black man, and then the next week there's shit on the walls and junkies screaming at each other across the halls because 75% of them are refused housing in other states for not being sober. Anyone who has seen a group home knows it's bad enough without drugs, the amount of schizophrenics and BPD girls is nuts. Now open the doors to drug users and dealers, and you wonder why the homeless still OD and steal and get assaulted despite living in Sedgwick Gardens.
If you gave $100,000 to everyone in the US you'd have the top 5% put the whole thing to their financial future, investing, saving, paying off a mortgage,
maybe buying a car to accomodate a family they plan to enlarge, etc. The top 20% would be less frugal and probably wouldn't understand that paying off the mortgage is worse than investing and paying a little off, but at least they wouldn't spend the whole thing on Pop! Vinyls. The bottom 80% would. They'd buy TVs, they'd pay the $20,000 deposit on a Mercedes SUV with a 15% rate, they'd buy three months of crack and it would all be over sooner than it started.
The only way to fix poor is to fix impulse control. Even when they have everything for free they fuck shit up because they literally do not understand that taking crack, shitting on your uber-wealthy neighbour's door and punching the wall could lead to an eviction. They do not understand that a penny saved is a penny earned. They do not understand that a one-off payment is temporary and will disappear if squandered. They do not understand that tomorrow is only good if today is bad, you must sacrifice. Leftoid-tier harm-reduction nonsense doesn't work. It just encourages druggies to continue taking drugs without the benefit of them dying off, and it just encourages the poor the keep buying shit they don't need without the benefit of them improving their lives and starting to pay taxes. Not that Jim cares. He doesn't have to live next to homeless with vouchers. He doesn't have to pay for healthcare. He doesn't have to worry about making payments. He doesn't have to worry about taxes. He gets to hide from the issues, hide his money, and then at the end demand someone making double his income pay for all of it.
