The power of III

Summum ius summa iniuria--More law, less justice

07 November 2011

Chinese communist "gets it"

Quote of the Day, spoken about Europe, but valid about our welfare system and nanny state as well: via al Jazeera via

"If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn out welfare society. I think the labour laws are outdated. The labour laws induce sloth, indolence, rather than hardworking. The incentive system, is totally out of whack.

"Why should, for instance, within [the] eurozone some member's people have to work to 65, even longer, whereas in some other countries they are happily retiring at 55, languishing on the beach? This is unfair. The welfare system is good for any society to reduce the gap, to help those who happen to have disadvantages, to enjoy a good life, but a welfare society should not induce people not to work hard."
Jin Liqun, the supervising chairman of China's sovereign wealth fund

The way the laws are written in the US, not only is there no incentive to get off welfare, there are incentives to not get married (singles can collect more welfare than a married couple), one of the factors in the erosion of the family unit among the poor in the United States:

The researchers aim to demystify welfare’s complicated rules, which even Moffitt, who has spent his career studying labor economics and the welfare system, says he sometimes has trouble understanding. While most social scientists regard marriage as better for the children involved, individual states’ welfare policies don’t appear to support married parents, Moffitt says. In general, if a mother, a father and their children are living in the same house, regardless of the parents’ marital status, the family won’t be eligible for welfare because their income will almost always be too high. Yet, if the mother and children are living on their own, with family or are cohabiting with a partner who is not the father of the children, the mother and children would be eligible for welfare, even if they are also being financially supported by other adults in the house.

“The bad part is, you are telling the mother that if she brings in a man who is not the father of her children, it’s OK, but if she brings in the father of her children, she’ll be kicked off welfare,” Moffitt said.   --Link

1 comment:

  1. He must have been reading Bastiat.:) Good find and posted.