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Is the welfare trap real though? I suspect it may be for tiny minority, but imo most people would prefer to actually do something than sit on their ass and col
by richrichardsson 5y ago
Is the welfare trap real though? I suspect it may be for tiny minority, but imo most people would prefer to actually do something than sit on their ass and collect money for nothing. Again I may be grossly naïve in this area.
- s1artibartfast 5y agoIt is absolutely real and the biggest cliffs are for those already working full time. Here's an example showing how someone making 31k per year needs to find a job making 80k a year to increase their net income. Regarding who this impacts: Approximately 35% of Americans make <31k and would see their quality of life go down if they took a job paying >31k. Another approximately 40% of Americans earn between 31-80K and would be better off financially if they took a pay cut to 30K (at least in the short term). They get to see those making less living better. https://en.wikipedia.org/wiki/Welfare_trap#/media/File:Welfare_trap.png https://en.wikipedia.org/wiki/Welfare_trap#/media/File:Welfa...
- richrichardsson 5y agoOK, that is a different kind of welfare trap. Something similar occurs in the UK, where earning more money from an employer can reduce benefits payments and you end up worse off in real terms. However I was really asking about the welfare trap of "get money for doing literally nothing", which I personally believe is a nonsense that only a tiny minority would be happy doing.