Monday, March 23, 2009

We need workfare, not welfare

Sometimes David McWilliams speaks some sense:

"... we should not squeeze the blood out of the economy by raising taxes or cutting sensible spending too much."

via David McWilliams by David McWilliams on 3/22/09
.... In the meantime, we should not squeeze the blood out of the economy by raising taxes or cutting sensible spending too much. We need to engage with ideas like work fare, as opposed to welfare. The state should take stakes in businesses like SRTechnics, and these places should be reopened as public private partnerships.

The world has changed dramatically, and we have to change with it. This means abandoning ideas which we regarded as sacred, borrowing in the downturn to pay back in the upswing.

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