Wednesday, January 22, 2014

Federal Government Has Declared War On Work

While 50 years ago the federal government declared war on poverty, I would submit that in recent years it has led an undeclared but real new war: a War on Work. The government increasingly is using its coercive powers to punish people who want to work, creating a vast class of able-bodied Americans dependent on the government — and politicians — for their daily bread. - Richard Vedder/IBD

While a vast number of government policies cause a decline in work, let me mention just six:

• Extended unemployment benefits.
• Expansion of food stamps.
• Higher taxes on workers, especially the most productive ones.
• Increases in Social Security disability payments.
• Increases in Pell Grants and other forms of federal higher education aid.
• Increases in minimum wage laws at local, state and federal levels.

...No nation ever achieved greatness when vast portions of its productive workforce were idle. America will not regain its economic vitality until it ends this war on work.