Comment 26839

By geoff's two cents (anonymous) | Posted October 04, 2008 at 18:55:12

Well put, SE, and you're right about wage labor. One wonders if it would be possible or entirely desirable to end corporate welfare though - I'm thinking here of the problems that arise when banks aren't insured. I think we'd both agree it's a lot more complicated than simply "not giving to people who don't deserve it." The sheer logistics of a system that could accurately predict when welfare money will be well spent belong in some sort of fifth dimension. There is no easy solution.

Unfortunately, gullchasedship, if the urban poor had to rely on their wealthier counterparts being smart enough to recognize tax incentives and the like, I'm not sure we'd have a very reliable or predictable welfare system. Perhaps if the people with money weren't constantly doing stupid things with it that are obviously not in their financial interests (such as an older acquaintance of mine buying a brand-new, gas-guzzling pick-up that he cannot afford), I'd be less alarmed at the prospect of leaving welfare entirely up to the private sector.

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