Wednesday, January 15, 2014
The Work vs. Welfare Trade-off
In 1995, the Cato Institute published a groundbreaking study, The Work vs. Welfare Trade-off, which estimated the value of the full package of welfare benefits available to a typical recipient in each of the 50 states. Not only did the value of such benefits greatly exceed the poverty level but, because welfare benefits are tax-free, their dollar value was greater than the amount of take-home income a worker would receive from an entry-level job. Welfare benefits continue to outpace the income that most recipients can expect to earn from an entry-level job, and the balance between welfare and work may actually have grown worse in recent years.
This article is pretty much the same as my last one. A study was done and they concluded that a person is better off as a welfare recipient than actually working at an entry level job. This is not the purpose of welfare, it's to help families in need pay for necessities and not give someone more money than they would actually make working for a living. There are many things that could be done to reduce the national debt, but trimming welfare checks would certainly help this country.
Subscribe to:
Post Comments (Atom)
I agree that some reform needs to be done. The country cannot continue to run welfare the way it has been.
ReplyDeleteJust as we discussed in class today, there are many solutions as to how our government can encourage individuals on welfare to find work and to increase efficiency of themselves. Someone sitting at home doing essentially nothing is a leech to the country, they serve no purpose in the efficiency of themselves; if that makes sense.
ReplyDeleteWe had a "fight" today over this subject. There's not much to talk about. It's a fact that people with welfare is better off than people with entry-level jobs. I'm repeating myself again but, there are people who need welfare and there people who don't.
ReplyDeleteI agree with Thao. Some people do take advantage of welfare but that happens in almost every program. The people that really need welfare should be able to keep it.
ReplyDeleteWow, in all honesty I find that absolutely ridiculous. There's no reason that the U.S. Government shouldn't trim back welfare payments but this study just further goes to prove the point. Welfare should be temporary and a last resort, not a way of life.
ReplyDelete