Bloomberg: Pay The Poor To Do The Right Thing

ABC News:

Getting a library card ... $50.

Going to the dentist ... $100.

Passing a statewide subject exam ... $600.

Taking responsibility and ownership over your life ... priceless.

No, that's not the latest ad from MasterCard.

It's the idea behind Mike Bloomberg's new effort to fight poverty.

"My perspective is this," New York's billionaire mayor said last month, "why shouldn't we experiment with a program built around the one strategy that has proven time and again to work wonders -- capitalism?"

Read the whole story: ABC News

Comments

[jmpurser]

11:31 AM on 09/12/2007

Capitalism, as a social program. Ah, that's what created the social problems in the first place.