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A comment on Small AI Chip Maker Marvell Now More Valuable Than Intel. Parent comment

Re:Small AI Chip Maker Marvell Now More Valuable Than Intel by Wowfunhappy on Sunday December 08, 2024 @09:27PM (#42362567)
...wow, this is a really great case against welfare work requirements! You're basically just subsidizing the companies that pay their workers the least.

Without the work requirement, you're actually helping people.

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Re:Small AI Chip Maker Marvell Now More Valuable Than Intel by hollerith on Sunday December 08, 2024 @09:28PM (#42362573)
I agree.
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Re:Small AI Chip Maker Marvell Now More Valuable Than Intel by astrange on Monday December 09, 2024 @12:31AM (#42363289)
The admin overhead for work requirements is also very much not worth it. It's basically just mandating extra paperwork and if you file it wrong you can't eat.

The reason we have it partly that welfare recipients literally don't like getting welfare without strings attached because they think it's embarrassing (or that the other people getting it don't deserve it), and part that states are hoping to save money by kicking people off for doing the paperwork wrong.

EITC is a way to do "work requirements" without the downsides.

[ Parent | on HN ]