The problem with things like welfare and food stamps isn’t that people are lazy, it’s that the system produces distorted incentives. If getting a job means you lose money, why would you ever get a job? How are you supposed to get a better job if you can’t get a basic one?
There should just be a universal basic income. And instead of a simple cutoff, your benefits should ramp down as your work income ramps up so that you basically keep 50 cents of every extra dollar you make from working until you’re completely weened off of the UBI.
The problem with things like welfare and food stamps isn’t that people are lazy, it’s that the system produces distorted incentives. If getting a job means you lose money, why would you ever get a job? How are you supposed to get a better job if you can’t get a basic one?
There should just be a universal basic income. And instead of a simple cutoff, your benefits should ramp down as your work income ramps up so that you basically keep 50 cents of every extra dollar you make from working until you’re completely weened off of the UBI.