Tuesday, October 2, 2012

Billionaire Businessman Says Government Assistance For The Poor Makes People Lazy

Billionaire Businessman Says Government Assistance For The Poor Makes People Lazy: During an appearance on CNBC’s Squawk Box on Tuesday, businessman Sam Zell — whose net worth is nearly $4 billion — claimed that government benefits are “disincentivizing” struggling Americans from wanting to succeed. After questions by CNBC’s Andrew Ross Sorkin, Zell blamed increasing income inequality and America’s lack of economic mobility on health care reform, [...]/p