Commonsense Capitalism: Video: Milton Friedman: Free to Choose- The Welfare State

Milton Friedman
Commonsense Capitalism: Video: Milton Friedman: Free to Choose- The Welfare State

This video lays out why I’m against the welfare state, especially run by government. Because of the built-in incentives that incentivizes people to go on Welfare Insurance, and not continue to work. Because they can collect more money collecting Welfare, or Unemployment Insurance. No Welfare or Unemployment check should be worth more than money that person would make if they were working. Because it encourages people not to work and collect public assistance instead. Paid into by people who work for a living and making people on public assistance dependent on public assistance for their daily survival.

I’m not against Welfare Insurance or a safety net. I just don’t want it run by government, but have government regulate it instead. And instead have government do the things that they are traditionally efficient at. National security, foreign policy, law enforcement and regulation. Including regulating semi-private non-profit self-financed community services that are in the business to help people in need. Yes be able to sustain themselves in the short-term while they are working to get themselves on their feet. But empowering them to get themselves on their feet. With things, like education, job training and job placement. Instead of allowing them to stay on public assistance indefinitely where nothing is expected of them. Collecting public assistance checks financed by people who work for a living.

What I would like to do with our safety net instead is turn all of these programs over to the states in the short-term. Including things like Social Security, Medicare, Medicaid, Unemployment Insurance. For the States to set up their own safety nets and public assistance systems. That would be run by semi-private non-profit, self-financed community services. In the business to help people in need sustain themselves in the short-term, but empower them as well. To get themselves on their feet and become self-sufficient taxpayers with jobs and paying their own bills. Because they got assistance to get themselves educated and get job training. And help finding a good job that could support themselves and their families.

Also things like public housing, Food Assistance and other programs that are in the business to help these people get by. But also help them become self-sufficient so they can take care of themselves and no longer need these programs. And I would also include homeless assistance through housing centers that give people a place to stay in the short-term. But also help them get a job and their own place to stay. I’m all for helping people who are down get themselves up. I believe a 20% poverty rate is a disgrace in a developed liberal democracy the richest country in the world is a disgrace. The difference being that I actually want to help these people empower themselves so they no longer have to live in poverty. Not stay on public assistance indefinitely and then complain about how many people live in poverty in America. And what to do about it, we know what to do about it and how to help these people and we need to do these things. Instead of just complaining about our high levels of poverty.

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About Rik Schneider

Blogger/writer on a lot of different subjects.
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