[Pen-l] welfare reform

["Jim Devine" <jdevine03@xxxxxxxxx>]

from Harper's WEEKLY: >Welfare rolls were growing for the first time
in a dozen years;... and companies including FedEx, Motorola, General
Motors, and Resorts International were forgoing contributions to
employee 401(k) plans. "It has been a grand experiment," said an
economics professor of employee-investment plans, "and it has
failed."<

Speaking of failed experiments, the successful operation of the "end
of welfare as we know it" (TANF, temporary aid for needy families,
replacing AFDC, aid to families with dependent children) seems
predicated on the general and relatively steady increase of low-wage
employment. If so, it's quite likely that TANF will break in the near
future.
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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