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Not true! With the exception of Japan, every one of the places I listed spends less on social security and welfare in general as percentage of GDP than the US
by AlchemistCamp 3y ago
Not true!
With the exception of Japan, every one of the places I listed spends less on social security and welfare in general as percentage of GDP than the US does. In most cases, dramatically less.
- bugglebeetle 3y agoSpending != to benefits actually received. LA, for example, spends billions on affordable housing schemes that are little more than fronts for lining the pockets of the allies of local politicians. Vienna, by contrast, spends far less and has a massive, well-maintained social housing scheme, in which something like a third of the population lives.
- mschuster91 3y ago> Vienna, by contrast, spends far less and has a massive, well-maintained social housing scheme, in which something like a third of the population lives. And on top of that, it creates a very effective price cap on rents in the non-social housing sector, because people could just go and live into marginally lower-quality housing instead.
- AlchemistCamp 3y agoYou're not wrong about the inefficiency of LA (or really California) welfare spending. IMO, too little of the budget is on payroll. It's largely outsourced to non-profits with poor outcomes.