Among the many reasons that have made the most powerful and successful economy in world history is the fact it had a dynamic and productive workforce.
However, with Obamacare, there's concern America's view of work is changing. It's becoming more European and Canadian.
Which is to say, it's becoming less work-oriented.
I don't know how that's possibly good in any way. I guess we'll have more poets pontificating the evil ills of capitalism or something.
"...Government transfer programs can be revamped and remodeled with work in mind. In 2006, when Bill Clinton revisited the welfare reform he’d passed a as president decade earlier, he declared it a success—because it encouraged more than a million people to take up work, and to move beyond government assistance.
"And yet there is a real tension between work and welfare, a balance between employment and aid. That balance has tipped toward the latter in recent years, as various parts of the safety net have expanded to catch those people harmed by the recession. In the process, as high unemployment has persisted and millions have dropped out of the market for work entirely, pushing the labor force participation down to its lowest point since the 1970s, the political conversation has naturally turned to the question of how to create jobs. So far, we’ve found frustratingly few good answers. Which suggests that policymakers concerned about joblessness might want to consider looking more closely at finding ways to encourage work—or at the very least, to minimize the ways in which discourage it."
****
Political aide: Sir, business are shedding hours!
Politician: Damn, that unintended consequences law! We need laws to eradicate unintended consequences.
Political aide (flips papers on clip board): Yes. Yes we do.
Politician (passes finger over desk and licks it): Need more legislation!
Political aide: If the intention is thought out how can it be unintended, right?
Politician: Right. Get me my beanie cap! The one with the red stripe...
However, with Obamacare, there's concern America's view of work is changing. It's becoming more European and Canadian.
Which is to say, it's becoming less work-oriented.
I don't know how that's possibly good in any way. I guess we'll have more poets pontificating the evil ills of capitalism or something.
"...Government transfer programs can be revamped and remodeled with work in mind. In 2006, when Bill Clinton revisited the welfare reform he’d passed a as president decade earlier, he declared it a success—because it encouraged more than a million people to take up work, and to move beyond government assistance.
"And yet there is a real tension between work and welfare, a balance between employment and aid. That balance has tipped toward the latter in recent years, as various parts of the safety net have expanded to catch those people harmed by the recession. In the process, as high unemployment has persisted and millions have dropped out of the market for work entirely, pushing the labor force participation down to its lowest point since the 1970s, the political conversation has naturally turned to the question of how to create jobs. So far, we’ve found frustratingly few good answers. Which suggests that policymakers concerned about joblessness might want to consider looking more closely at finding ways to encourage work—or at the very least, to minimize the ways in which discourage it."
****
Political aide: Sir, business are shedding hours!
Politician: Damn, that unintended consequences law! We need laws to eradicate unintended consequences.
Political aide (flips papers on clip board): Yes. Yes we do.
Politician (passes finger over desk and licks it): Need more legislation!
Political aide: If the intention is thought out how can it be unintended, right?
Politician: Right. Get me my beanie cap! The one with the red stripe...
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