Saturday, September 17, 2011

A Little Tweak Would Make our Welfare Perfect

In the heart of the Great Depression, about 25 percent were unemployed. That's a whopping number, one in four.

Eighty percent of the workers made such meager wages, they didn't have to pay taxes. That's 80 percent so poor, they might be considered living in poverty. The official poverty level, though, only took in just more than half of all Americans. Imagine, though, half of everybody living in poverty.

I bring this up because we cast such a watchful eye these days at our own economic prospects. And, because we could do something to ensure it never happens again, something to ensure that if a depression comes to us, we will be ready for it.

Back in the Great Depression, we passed the Social Security Act of 1935. It marked a huge step in providing a safety net for those who could not support themselves. We can, if we want to -- with just a little tweaking -- turn our social programs into a safety net against another Great Depression.

Oh, there are other things that will need to happen. If the monetary system collapses, another Great Depression probably will not be avoided. But, other than protecting the monetary system, and protecting against our government going insolvent, this is perhaps the surest insurance against a massive depression.

The thing to do, then? Simply turn the social programs into employment agencies. Instead of saying, "Since you don't have a job, we'll help you," say, "If you get a job, we'll help you." When they take jobs that do not pay well enough to cover all their essentials, then help them with the difference. Say, "You just take a job, and if it doesn't cover your basic needs, we'll provide the rest."

When a person comes into the agency, look for a job for them. Make it just like a Job Service office, with job listings. But, don't stop there, seek out philanthropic millionaires and billionaires who will provide -- in the name of philanthropy -- jobs, who will start up companies not to make a profit, but to provide jobs. Seek out charities who -- in the name of charity -- will provide jobs, who will create positions for those who private enterprise deems unemployable.

End result? Everyone is employed. Oh, some might not be. There may be a few we are still giving aid to even though they cannot work, but most will be employed. Twenty-five percent unemployment? It won't happen. Instead, unemployment should be below 1 percent. Fifty percent living in poverty? It won't happen. We'll be providing the essential needs for everyone coming into the office, so the number of people living in poverty should never rise above 1 percent.

We are an advanced society. And we are so close to doing this already, as we have social programs in place. Why not tweak them just a bit and make the system perfect?

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