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passivate | 3 years ago
Yes, there is a nice division of responsibilities. But ultimately, governments are doing the jobs they get paid for. And they're not only wasteful with our money (spending on wars, defense, etc), ironically (in a sad way) they pay government workers poorly - See teachers' salaries.
>Jobs would be created without the rich.
Jobs were created at all stages in history in all kinds of social and economic conditions. Also, plenty of rich people got rich after starting companies and creating jobs. We're incentivizing people who like money to create jobs, among other things.
>See responses sibling post (https://news.ycombinator.com/item?id=31743755) about the issue with 401(k) (or pension funds in non-USA countries).
Those are not responses to my comment, so specifically what part of my comment was inaccurate? I can correct any misunderstandings, or improve my comment to fix any errors on my part.
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