3 ms·
The problem with this take is that it’s more useful than just to preserve a resource. By allowing people to get away with fraud you are encouraging people to do
by ironmagma 6y ago
The problem with this take is that it’s more useful than just to preserve a resource. By allowing people to get away with fraud you are encouraging people to do it again, including ways that transcend whatever system that fraud was originally within. I don’t actually know that chasing pranksters has ever been an efficient use of time, but someone should chase them if we expect the boundaries of normal operation to be known as a society.
- ip26 6y agoRight, the $36B lost to unemployment fraud (10% of payments) in the past 12 months definitely illustrates that some amount of guardrails are still appropriate. There is an optimum level somewhere in between where the sum total of losses & overhead together are minimized.
- ryandrake 6y agoThat $36B is a drop in the bucket on the scale of a country. It's 25% of Jeff Bezos's net worth. How many $B spent on enforcement is it worth to reduce that to, say, $30B?
- ip26 6y agoIf you read the news about it, the scams were depressingly basic & the screening failures were rudimentary. It will not cost billions of dollars to rein that number in dramatically.