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Author Topic: Some statistics on welfare  (Read 2500 times)
InwardContour
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July 01, 2014, 02:57:37 AM
 #41

The programs started with good intentions but the fraud rates are going up.  The road to hell is paved with good intentions.

Free is a dangerous concept.

Any free food given to a country population for prolong period of time will destroy the country agriculture industry. Same with cloth and textile industry.

Short term assistance to relieve disaster is fine. Long term dependency will destroy the country population ability to stand on their own two legs.

There is no such thing as a free lunch (no pun intended)

When people are given "free" money for food or other forms of welfare it must be ultimately be paid for by other people.
...

Welfare is way to prevent crime and costs related to it. Other way is to not punish for petty theft, because lack of resources or waste lot more money for that punishment.
...
Welfare also prevents people from wanting to get a job in order to support themselves. Most people on food stamps remain on food stamps for at least 3 years. Most people on disability never look for a job again.
Real problem is that there just isn't options for everyone to provide for themselves at this time...
If you count commuting time/costs, income taxes, and lost welfare benefits then a well paying job could potentially only pay someone ~$2 per hour in additional income above what they got before leaving the various welfare rolls.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Ekaros
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July 01, 2014, 07:43:44 AM
 #42

If you count commuting time/costs, income taxes, and lost welfare benefits then a well paying job could potentially only pay someone ~$2 per hour in additional income above what they got before leaving the various welfare rolls.

Cost of living in developed countries is just too high... And that is probably unsolvable issue on short term, until global labour prices stabilise...

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tinof
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July 01, 2014, 08:06:42 AM
 #43

If you count commuting time/costs, income taxes, and lost welfare benefits then a well paying job could potentially only pay someone ~$2 per hour in additional income above what they got before leaving the various welfare rolls.

Cost of living in developed countries is just too high... And that is probably unsolvable issue on short term, until global labour prices stabilise...

Too much wastage in government sector and they are being supported by private sector and taxpayer.

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July 02, 2014, 05:51:03 AM
 #44

If you count commuting time/costs, income taxes, and lost welfare benefits then a well paying job could potentially only pay someone ~$2 per hour in additional income above what they got before leaving the various welfare rolls.

Cost of living in developed countries is just too high... And that is probably unsolvable issue on short term, until global labour prices stabilise...

It is high in developed world because of bureaucracy and inefficiency in government sector.
InwardContour
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July 03, 2014, 05:28:46 AM
 #45

If you count commuting time/costs, income taxes, and lost welfare benefits then a well paying job could potentially only pay someone ~$2 per hour in additional income above what they got before leaving the various welfare rolls.

Cost of living in developed countries is just too high... And that is probably unsolvable issue on short term, until global labour prices stabilise...
The issue is not the cost of living, the issue is that there are not enough incentives to find a job and work for your money. There are too many incentives to work off of other's money
beetcoin
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July 03, 2014, 05:43:17 AM
 #46

oh boy, this topic is bound to incite some energy from the hard right on here. fucking obama, man.
giveBTCpls
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July 15, 2014, 12:24:25 AM
 #47

How would welfare work in a Bitcoin society?
Let us imagine Bitcoin gets total mainstream approval and all fiat fail. BTC is now worldwide.
Who helps those that cannot work for X reasons if there are no fees to collect money from and help the unlucky?
Just imagine the amount of people out there that can't work for LEGIT reasons: Crippled people, schizophreniacs, chronic fatigue syndrom sufferers, multiple sclerosis.. the list goes on. Where is all that money going to come from in a tax free world? How can we trust private institutions to take care of this realistically? How can private institutions benefit from tons of people that can't generate any value in the market?

hollowframe
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July 17, 2014, 01:57:48 AM
 #48

If you count commuting time/costs, income taxes, and lost welfare benefits then a well paying job could potentially only pay someone ~$2 per hour in additional income above what they got before leaving the various welfare rolls.

Cost of living in developed countries is just too high... And that is probably unsolvable issue on short term, until global labour prices stabilise...
The issue is not the cost of living, the issue is that there are not enough incentives to find a job and work for your money. There are too many incentives to work off of other's money
This is a very interesting point as it appears that all these welfare and "social' programs really are nothing more then paid votes as they are given to lazy people by democrats who tend to vote more and will vote for democrats.
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