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FRIDAY, APRIL 18, 2014 | TIPS Subscribe to the breaking newsWhat is RSS?
COVER Page ALL News CHOICE VIDEOS User COMMENTS
SUNDAY, AUG 25, 2013| 3 comments| 1 commentary
Welfare eaiser than work
A new study claims that it's harder to make ends meet working a minimum wage job than if you are on welfare. The Cato Institute, which is a libertarian think tank, released the study which claims those on welfare make more than minimum wage workers in 35 states, Michigan included. It based this comparison on the fact that many welfare benefits are tax free. The Cato Institute claims this shows welfare benefits are too high and create a dis-incentive to work.

CLICK HERE to Read Entire Article
wwmt.com

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Welfare eaiser than work • 120+
Mohan Krishna | Garfield Ridge Baptist Church
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News Item8/31/13 3:29 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
UPS, sometimes it works out that way, but other times, since it is usually unskilled labor getting minimum wage, it is just cheaper to fire them before, any wage increases set in.

On the other end of the spectrum I remember a famous company in or around Sycamore, Ill., when a person was about to retire they would fire him so they would have to pay him retirement benefits!

There are some businesses kind to their workers, but also a considerable number either do to finance or just plain greed by management, who consider workers just objects to use.

3

News Item8/28/13 8:00 PM
Unprofitable Servant | Georgia  Find all comments by Unprofitable Servant
Jim Lincoln wrote:
Sounds like indeed the minimum wage needs to be raised!
Oh, something else to tickle those brain cells.
excerpt from, A Charity That Just Gives Money To Poor People.
From an article by economist/writer Thomas Sowell,

People in minimum wage jobs do not stay at the minimum wage permanently. Their pay increases as they accumulate experience and develop skills. It increases an average of 30 percent in just their first year of employment, according to the Cato Institute study. Other studies show that low-income people become average-income people in a few years and high-income people later in life.

Walter Williams wrote an excellent piece on minimum wage recently,

http://jewishworldreview.com/cols/williamns030613.php3

2

News Item8/25/13 4:51 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Sounds like indeed the minimum wage needs to be raised!

Oh, something else to tickle those brain cells.

Jacob Goldstein wrote:
The old economic idea is that people generally make rational choices about what's best for them. It follows that a bottom-up system that allows people to make their own decisions is often preferable to a top-down approach in which outside experts decide what will work best.
excerpt from, A Charity That Just Gives Money To Poor People.
1
There are a total of 3 user comments displayed | add new comment |Subscribe to these comments
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