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Welfare lowers the available supply of labor, thereby artificially increasing wages. Eliminating welfare will increase the labor supply, lowering the cost of labor (lower wage rates for workers). Your taxes may go down when the cost of welfare falls, but you will have smaller paychecks.

2007-03-11 11:45:19 · 5 answers · asked by ideogenetic 7 in Politics & Government Politics

5 answers

i'll take the risk. same goes for social security, medicare, medicaid, etc.

2007-03-11 11:48:21 · answer #1 · answered by WJ 7 · 2 0

YeeHaw!!!! You are under the impression that Welfare drains the economy, you are so totally wrong about that unless you are talking about the illegals that send their bounty back to Mexico.

Fact:
Welfare recipients spend exactly 100% of their money and vouchers for service, putting money back into US circulation.

Fact:
The wealthy, since 1975 and the beginning of the Free Trade Act known as NAFTA has gone from reinvesting back into America from 86% to less the 28%.

I would call Welfare a pretty good program for the circulation of at least some of the money. Yes, I would take a wage cut; I worked with my wage frozen for 6 years and then was laid off over 2 years ago because my company moved overseas. I would love a job that would give me a lesser wage than I was making 2 years ago.

Take some courses in economics, you'll find that many of the common ideas about how money works are 180 degrees backward from how it actually does work.

2007-03-11 18:54:12 · answer #2 · answered by Anonymous · 1 1

I disagree with the assertion that welfare lowers the supply of labor. Nobody forces anyone onto welfare. And many welfare recipients do try to improve their situations.

Corporate welfare and farm subsidies are needless.

2007-03-11 18:49:53 · answer #3 · answered by MoltarRocks 7 · 0 1

I disagree with your liberal socialist spin. Getting people off of welfare will increase the work force,yes, that does not mean that people will be getting paid less. People move from job to job as their experience improves their qualifications for better jobs. Ditch diggers and burger flippers are at the entry level positions that will not effect the pay of the educated and experienced work force.

2007-03-11 18:57:44 · answer #4 · answered by Mother 6 · 0 1

You are incorrect.

2007-03-11 19:01:28 · answer #5 · answered by The Scorpion 6 · 0 1

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