Friday, September 28, 2012
The New America!
"A study by Michael Tanner, Stephen Moore, and David Hartman of the Cato Institute has revealed that in 40 states, it pays more for one to be on welfare than to accept a job at $8.00 per hour; in 17 states, welfare pays more than work at $10.00 per hour; and in six states plus the District of Columbia, welfare totals more than working for $12.00 hourly. The study also showed that in 29 states, welfare benefits are worth more than the average secretary's pay; in nine states, such benefits are equal to more than the average starting salary for a teacher; and in six states, welfare pays more than an entry-level position for a computer programmer. When the entire package is computed, welfare amounts to the (pretax) equivalent of a $30,500 wage in Massachusetts, $32,200 in Alaska, and $36,400 in Hawaii." -- William P. Hoar