Wednesday, November 14, 2018

Helping the poor

Almost half the worlds populations, 3 billion people live on less than $2.50 per day. This population increases by 40 million each year. Another 2.5 billion live on less than $10 per day and they increase by over 30 million per year. The US has a legal immigration of one million per year so using immigration to solve world poverty will not work. They must be helped where they live and free market capitalism is the key. The successfully developed countries must purchase goods from third world countries to help these people. The best example is how Americans helped the poor in China move to higher incomes. A growing US economy does more to help the world's poor than any government or charity.

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