2 ms·
I'd be interested to hear more about the last part concerning "subsidizing wages". Welfare for many in this country basically is a subsidy for their wage (cue
by supergeek133 10y ago
I'd be interested to hear more about the last part concerning "subsidizing wages".
Welfare for many in this country basically is a subsidy for their wage (cue memes of "walmart welfare").
Take for instance when the big layoffs started in the tech/housing sector, you would hear stories of people staying on unemployment because it paid MORE than a new job in the same field would pay. And we kept extending benefit timeframes which just resulted in a vicious cycle.
That's a pretty big incentive to not work.