/sci/ - Science & Math

>>15407965
He's exaggerating with the $80k but he's not too far off.

https://www.aei.org/pethokoukis/julias-mother-why-a-single-mom-is-better-off-with-a-29000-job-and-welfare-than-taking-a-69000-job/

The actual math involved is that a Single Mother working a low wage job in conjunction to getting Welfare recieves the same "net effect" as a near $70k job.

This is where various groups talking about how welfare incentivizies Single motherhood comes from. Because the necessary salary to counter this requires the man to be among the top 20% of all earners in the US. Which is basically a complete wash because at that point there aren't enough men to satisfy this.

Also he's lying about the married parents getting nothing part. They do get lower taxes, more child credits and better total health benefits. However the sheer increasing cost of raising a child can more or less negate those benefits. Especially with reports from msnbc saying the average cost to raise an individual child from 0-17yrs is around $300k.

>>7682046

There's plenty of data to back this up. It's one of the cornerstones of economics:

http://www.mdrc.org/publication/how-welfare-and-work-policies-affect-employment-and-income

http://hanseconomics.com/2012/02/14/mit-professor-may-be-kind-spirited-but-is-definitely-a-bad-economist/

>People are given a monetary incentive to not produce anything. When you give people an incentive not to produce, they produce less. This is really a very simple principle, one that guides nearly all production. People do what they are paid to do.

https://www.youtube.com/watch?v=5VrANfyzuW8

>Even when they have the potential to become productive members of society, the loss of welfare state benefits if they try to do so is an implicit “tax” on what they would earn that often exceeds the explicit tax on a millionaire. If increasing your income by $10,000 would cause you to lose $15,000 in government benefits, would you do it? In short, the political left’s welfare state makes poverty more comfortable, while penalizing attempts to rise out of poverty.