Yes indeed! Raising the state welfare payments above the poverty level can only help stimulate spending, consumerism and assist market forces/recovery, economic and innovation growth? However, economies still need to be reconciled? What good is giving folks welfare monies if they are spending them abroad? The “hole in the bucket” scenario?
Only yesterday our un-inspiring leader of UK Labour opposition party, (socialist), visited Sweden and praised their social values in supporting the unemployed there with 80% of their normal income. When quizzed that this ethic is supported by 50% rate income tax and did he agree? He spluttered and said, well no. But he thought Sweden’s opportunity for careers training was excellent?
Another way to ease hardship and suffering is to relinquish burdens of social debt?
And, of course, there is always the interesting issue of the decline of work. We are simply automating ourselves out of employment. Which means that state welfare payments, like it or not, is the future of us all. Admittedly, that’s a bit cliched among the sort of readers who frequent Ieet.org, but there is some truth in it, isn’t there?