@maporsche,
maporsche wrote:
...or by allowing them to make more money (by say getting a second job or raising taxes).
When people get second jobs to afford their irresponsible spending habits, they cause more unemployment because those second jobs and extra hours they take are no longer available to others.
Now, if you say their additional spending creates jobs for other unemployed people elsewhere, that's not really desirable either.
E.g. let's say you go spend more on your nails and hair and you work a second job doing nails and hair in a salon. Now you're making and spending more money, which stimulates more economic growth and thus inflation.
That inflation means that other people who are saving money are going to have to work to make more because the value of their saved money is deteriorating due to others' waste spending.
Growth is a necessary thing when there's not enough to go around, but when it's due to people who can't manage their budgets because they are fiscally irresponsible and spend too much money instead of working harder to make ends meet within their budget, it's an unfair tax on savings for people who do put in effort to making do with less spending.
In short, you shouldn't be able to pump up the hair and nails waste economy with extra spending and money-making at the expense of people who want to save money and retire from that same economy. You are forcing people to work more than they want, need, or have to by taxing their savings and that is wrong.
If people are in need of basic necessities like food and shelter, create work-direct programs where people build their own tiny houses and farm and/or distribute their own food supplies. Don't give them more money so they can buy more cars and clothes and electronics and everything else that makes the economy environmentally harmful and unsustainable.
