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Are you suggesting that giving the poor huge amounts of money in one lump sum will help them more than giving them a smaller amount each month?
by jjawssd 9y ago
Are you suggesting that giving the poor huge amounts of money in one lump sum will help them more than giving them a smaller amount each month?
- dsfyu404ed 9y agoYes. When you give someone with a terrible quality of life a lump sum they spend more of it on stuff that improves their quality of life than they would if it were distributes as small payments over time. Look at what people do with tax returns. They spend it on big items that they couldn't justify budgeting and saving for otherwise.
- jjawssd 9y agoIs it possible that a person with a terrible quality of life lacks the discipline not to waste a large sum of money? If so, what is the likelihood that such a person will squander all of their lump sum?
- alexanderstears 9y agoI think it depends. There are some people who would turn a lump sum into self-sufficiency. There are some people who would turn a lump sum into an overdose/bender. I think we should take the total welfare budget and let people compete for using it the best. I think the best KPIs for welfare are 1) poverty reduction 2) violent crime reduction 3) QALY increases. If a charity can demonstrate better results than say a county, the charity should get more money. What isn't cost effective is giving a guy a titanium leg but such a bad quality of life that he would pawn his titanium leg. Don't you think there's a better allocation of money in that guy's life?