Re:Portugal’s radical drug policy is working. Why hasn’t the...
by Retric on Wednesday December 06, 2017 @02:24PM
(#15864074)
Freeriders can still create value. See J. K. Rowling for a billionaire example who leveraged social welfare into wealth. I am not saying Welfare is justified, just that is not a major issue.
US has a 18.57 trillion GDP, if you dedicate 10% of that into ~1,500$/month free riders that's ~1/3 of society. As long as most people want more than a subsistence level income it's simply not going to become a big deal. Sure, you in theory lose the economic output of the lazy not just the old or the infirm, but that output is simply not that significant in the first place.
Granted, we spend vastly more than that on many people. But, higher costs are a question of poor implementation not inherent costs.
US has a 18.57 trillion GDP, if you dedicate 10% of that into ~1,500$/month free riders that's ~1/3 of society. As long as most people want more than a subsistence level income it's simply not going to become a big deal. Sure, you in theory lose the economic output of the lazy not just the old or the infirm, but that output is simply not that significant in the first place.
Granted, we spend vastly more than that on many people. But, higher costs are a question of poor implementation not inherent costs.