Tag: Welfare

Member Post

 

As many of you already know, economics (and anything to do with math, really) is not my strong suit. I admit that up front. And welfare is about economics, so the fact that I think welfare is a disaster (having seen its manifestations play out, in caucasian shades of alabaster, lily and grayish-tan here in one of […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Get your first month free.

Contributor Post Created with Sketch. No, Government Isn’t Subsidizing Walmart

 

Democratsshutterstock_158807126-e1428424073184, unions, and left-wing activists frequently argue that government (actually taxpayers) subsidizes Wal-Mart and other companies that employ low-wage workers because many of those workers receive government welfare benefits such as food stamps and Medicaid. And the mainstream media pretty much accept this reasoning. Here is CBS News: “Walmart’s highly publicized pay hike is a victory of sorts for its 1.3 million employees, but American taxpayers will foot the bill for the large subsidies that will still be needed to compensate for the discount retailer’s low wages.”

So, goes the theory, if Wal-Mart would pay its workers a “decent wage” — like a minimum of $10 an hour or $15 an hour (or more) — the retailer could get off the dole! The Netflix series House of Cards recently had a fictional presidential candidate bash Wal-Mart with this reasoning: “The starting salary for an employee at Walmart is below the poverty line. Now, the American government subsidizes Walmart to the tune of $7.8 billion a year by issuing food stamps to over one in ten of its workers.”

Well, that’s one way to look at it. Here is AEI’s Michael Strain, a fan of the Earned Income Tax Credit, yesterday at the Peterson Institute for International Economics addressing the “government subsidizes Wal-Mart” issue after it was raised by an audience member:

Promoted from the Ricochet Member Feed by Editors Created with Sketch. A Personal Letter to Boomers

 

shutterstock_119598559Over in the post about Presidential politics and boomer animosity, things began to focus more on the animosity and less on the politics. The more I thought about it, the more I realized I hadn’t ever put into words what I think as a borderline Gen X/Millennial.

I think I should first say that — at least for me — there isn’t an active animosity towards Boomers. That is to say, when I read news about Social Security or welfare programs, I don’t immediately think to myself, “Those [expletive] Boomers!” The greatest man I’ve known personally was a Boomer and — like others here of that generation — he hated the welfare state and everything that came with it. In defense of such folks, there really wasn’t much they personally could have done about it any more than there’s anything personally we can do about ObamaCare or Executive amnesty (the former of which our generation will likely be blamed for).

That being said, the deeper I get into a conversation about what’s going to happen, why it’s going to happen, and how it began to be, the more I begin to resent the Boomer generation in that moment. Not the individuals, but the generation as a group. It’s disheartening to look at my tax returns each year at how much we pay in that could be used for student loans, to invest in retirement, adopt kids, or whatever else, knowing full-well that both my taxes and the national debt are only going to continue to rise forever.

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Amnesty and America’s Bottom Line—D.C. McAllister

 

As an Investor’s Business Daily editorial said at the beginning of this year, major businesses are calling for immigration reform because it’s good for their bottom lines even though it’s bad for America’s.

Politicians and big business have colluded in the push for amnesty: “Businesses like cheap labor. And politicians like political contributions from business. So they’ve formed an unholy alliance to push the idea that costs for amnesty for illegals would outweigh the benefits. But they don’t.”

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Should Conservatives Use Welfare Programs? — John Boyer

 

My wife and I recently found out that we are pregnant. Hooray! I make very little money as an adjunct professor and full time college tutor. I am a PhD student working on my dissertation. I know I’m in a transitional period. Nevertheless, money can be tight. With a baby on the way and my wife deciding she doesn’t want to work for the first six months after giving birth, it’s going to be even tighter.

While filing my income taxes, TurboTax told me about another website they run called MoneyFinder. It’s straightforward. You enter in your projected income, some information about yourself (Is anyone in your household pregnant or has anyone in your household recently given birth?). Hit enter. The internet gremlins crunch the numbers. And voila! A list of government programs you may qualify for.