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De Omnibus Dubitandum - Lux Veritas

Monday, March 17, 2014

The Upside Down Economy: Welfare Pays More Than Work! The Upside Down Economy: Welfare Pays More Than Work!

John Walker March 15 2014

The Welfare State Destroys The American Dream - President Obama is relentlessly pursuing his 2014 campaign theme of income inequality as part of his obsession with class warfare. One day it is the minimum wage. The next day it is over time. On the next day it is equal pay for equal work. All the while, the demon is free-market capitalism.

538-why-work-cato-institute-work-vs-welfare-comparison The brutal reality left out of this pitch is the fact that in many states welfare pays more than work. It is a new norm that threatens to destroy the American dream and the time-honored value that says work is the path to prosperity.

A recent study by the Cato Institute – The Work vs. Welfare Trade-Off: 2013 – shows that often it simply pays more to collect welfare rather than to work. The study, an update of a similar one done in 1995, surveyed all 50 states and the District of Columbia. Although many welfare programs have been altered, not much has changed. “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,” the updated study said......To Read More.....

My Take - In Ohio the benefits are equal to $26,000 a year. Picture two unmarried people living together and both collecting these benefits.  Admittedly they will only occupy one home, but I have to believe, even taking that component out of the picture for one of the recipients, they would still receive the equivalent earning power of $35,000 to $40,000 a year. Admittedly that's not cash in hand, but when someone is working for that money the cash in hand is only temporary because they have bills to pay, and then they are also left with little cash in hand.  So after reading the entire article you will read the last sentence which says, "Why work at all?"   That's a question that requires an answer and a solution!

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