clipped from www.nytimes.com
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Thursday, March 29, 2007
Worse than Welfare
On one hand I do think a program like this has a chance to accomplish its mission, if executed correctly, and with private funds that’s all gravy - as good a charity as any. Unfortunately the article says that "If the experiment is successful, officials plan to make it a government-financed program." But why the hell should I give money to the poor for doing something that directly and immediately benefits them? Why the hell should I pay some random person because they went to the doctor when they were sick? Bloomberg compares this extortionist program to performance related bonuses on the job, which you get because you helped the firm make more money than it could have without you. The company is simply giving you a piece of the pie you helped bake. I really don’t see how some chump holding down a job at Mickey D’s for a year is going to translate into a return on my investment.
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