Cato Institute Study on Welfare America has always prided itself on its work ethic. American Capitalism is supposed to reward you for working hard with a higher quality of life, while Socialism makes sure that everyone’s life is “average.” A new study shows that America has taken another step closer to Socialism. The Cato Institute released a study showing that welfare benefits pay more than a minimum wage job in 33 states and the District of Columbia. Even worse, welfare pays more than $15 per hour in 13 states. According to the study, welfare benefits have increased faster than minimum wage. It’s now more profitable to sit at home than it is to earn an honest day’s pay. Hawaii is the biggest offender, where welfare recipients earn $29.13 per hour, or a $60,590 yearly salary, all for doing nothing. Here is the list of the states where the pre-tax equivalent “salary” that welfare recipients receive is higher than having a job: Better head to Hawaii 1. Hawaii: $60,590 2. District of Columbia: $50,820 3. Massachusetts: $50,540 4. Connecticut: $44,370 5. New York: $43,700 6. New Jersey: $43,450 7. Rhode Island: $43,330 8. Vermont: $42,350 9. New Hampshire: $39,750 10. Maryland: $38,160 11. California: $37,160 12. Oregon: $34,300 13. Wyoming: $32,620 14. Nevada: $29,820 15. Minnesota: $29,350 16. Delaware: $29,220 17. Washington: $28,840 18. North Dakota: $28,830 19. Pennsylvania: $28,670 20. New Mexico: $27,900 21. Montana: $26,930 22. South Dakota: $26,610 23. Kansas: $26,490 24. Michigan: $26,430 25. Alaska: $26,400 26. Ohio: $26,200 27. North Carolina: $25,760 28. West Virginia: $24,900 29. Alabama: $23,310 30. Indiana: $22,900 31. Missouri: $22,800 32. Oklahoma: $22,480 33. Louisiana: $22,250 34. South Carolina: $21,910 Now do you think its time we should reform Welfare ? Texas is not on the list maybe they are doing it the right way? But they are close!!
Posted on: Fri, 24 Jan 2014 03:04:03 +0000
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