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I have mixed feelings. I agree that some form of welfare is generally necessary. And Tariffs at least are a type of welfare which rewards those who work. The b
by chillacy 10y ago
I have mixed feelings. I agree that some form of welfare is generally necessary. And Tariffs at least are a type of welfare which rewards those who work.
The bad side is that the work is essentially wasted economic input. Akin to paying people to handmake a bottle of beer when we could be automating the task, and economic forces encourage the other 999 workers to learn something new.
But I get that it can be hard, especially for older folks or those without access to education opportunities. I recall reading an article about the corporate structure in Japan which offers guaranteed employment for life to the same entity, and if you job vanishes they simply retrain you for another job, but you'll be set for life. That seems like it has benefits.