Private enterprise could help single mothers by lowering their prices after their taxes are eliminated. They could hire more single mothers, too. If we changed welfare from a handout program to one that paid for training opportunities, then it would be a much better program. Social Security should be something the younger generation should be allowed to opt out of. It has been one of the worst programs in history because it has taken money away from people, never invested it in anything to counteract inflation, and then handed it back after it was worth half what was taken. If we all had the same six percent back to invest how we choose (even if it was only in CD’s), we’d all be better off.
The statistics do show that private/non-profit aid to the needy reduced after welfare was implemented. They also show that crime increased dramatically after welfare was implemented. If welfare recipients were working – especially working hard – to receive their benefits, then it would encourage them to get off welfare. Imagine forming recipient groups that aided each other by some number working outside the home, some caring for children while their parents worked, and it all being coordinated in some fashion to help them all work to get off the dole. Would that not be an improvement?
Fiscal analysis is not necessarily cold-blooded. If you ask me to decide if I would rather someone else’s children have health care or mine do, the financial analyst in me says mine every time. So does the heart in me, but the numbers make sense on that, too. In any financial system where people do not take care of their own costs, the system breaks down because people are less encouraged to do more. The more money you take out of a working man’s pocket to give to someone else, the less encouragement he has to work.
For the record, I have no company health insurance. Over 20% of my paycheck goes to it each year, and I am the sole breadwinner. I do not want government health insurance because I know it would degrade the quality of care I get, which is already somewhat lacking at times. We need to implement the FairTax, pure and simple, and watch how encouraged businesses are to return to these shores – which would lower the costs of products simply by lowering the need of transportation. There are a lot of inefficiencies in the system thanks to the illogical corporate tax. I’m sure I’ve written quite enough here. My post tomorrow is all about how corporate taxes are the most regressive in America. I’d love to hear anyone’s thoughts.