Actually, I'm not so sure that everything is a zero-sum game. With the restructuring of social programs, there will undoubtedly be new winners and losers. But the question is, will there be more winners than losers?quote:
Originally posted by Gary Allan:
[QB]
Either way you're stuck with them ..you can either train them (more programs and $$$) and displace others that don't get the training (more on the unemployment take) ..or jail them when they can't make a living (more $$$$ and more programs) ..or you can just let them be.
Some things have no favorable solution for all concerned.
If we restructured social programs (which doesn't mean throwing more money at it necessarily) so that it pays more to be employed (even under minimum wage jobs) than unemployed, I think this will benefit society collectively. Sure some working people will be displaced by those that all of a sudden enter the work force, but I think it would elevate society at an aggregate level.
Think of it this way, there are some productive individuals who choose not to work because it doesn't pay. If you restructure social programs so that most of these unemployed productive types all of a sudden have an incentive to work, who will they displace? .....most likely individuals that are less productive than they are.
All of a sudden, average productivity goes up, and misallocation of labor is reduced. Society gains in aggregate productivity and wealth which means the pie gets bigger. This means more dollars to fund other social programs etc.
Same logic can be applied to many sectors of the economy and many government policies.