Welfare's upside-down incentive. Does our $927 billion–per–year welfare state discourage the poor from seeking work? Does it cause them to shun pay hikes? Does it, in short, create dependency? This may be the most intractable problem afflicting the welfare state. With a renewed interest in the Clinton-era welfare reform and President Obama’s recent ... MOREMichael G. Franc: 'Keep That Pay Raise, I Can't Afford It'
Welfare's upside-down incentive. Does our $927 billion–per–year welfare state discourage the poor from seeking work? Does it cause them to shun pay hikes? Does it, in short, create dependency? This may be the most intractable problem afflicting the welfare state. With a renewed interest in the Clinton-era welfare reform and President Obama’s recent ... MORE