Obamanomics: Welfare Pays More Than Work

clevergirl

Gold Member
Oct 22, 2009
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Stick a fork in us America we're done!


Incentives: A new study shows that in most states welfare programs pay more than a minimum-wage job, and in some states government aid can be more than the earnings from a regular, entry-level job.

Back in 1996, a Republican House led by Speaker Newt Gingrich, working with Democratic President Clinton, helped enact genuine welfare reform that included three main elements, the most important of which was the work requirement. Within five years of the law's implementation, stagnant welfare rolls were halved, employment among low-income Americans soared and child poverty rates plummeted.

This was after a 1995 study by the Cato Institute that found packages of welfare benefits for a typical recipient in the 50 states and the District of Columbia were not only well above the poverty level, but also more than a recipient's annual wages from an entry-level job.

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Read More At Investor's Business Daily: Under Obamanomics, Welfare Pays More Than Work In Most States - Investors.com
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