Max Brantley gives Republicans credit for once

Milton Friedman’s Free to Choose – Ep.4 (1/7) – From Cradle to Grave

Max Brantley of the Arkansas Times said on Arkansas Week on AETN on 6-8-12:

I give republicans credit for they are not really mincing words anymore.  They have decided that cutting government and cutting taxes even in one of the poorest states even if it means devastng impact on people that have been lifted out of poverty by these programs is to say that you need to take this tough bitter medicine we think it is better for you and a lot of people have responded to it. That is what the election is about. If that works then they win, and people will reap that harvest.

I have a couple of  points to make about this statement. First, I was impressed that Brantley gave Republicans credit for shooting straight with the people what their strategy is.

Second, I do not agree that cutting welfare will have a “devastng impact on people that have been lifted out of poverty by these programs” as Brantley contends. What we have now in the USA is a welfare trap that must be eliminated. The first step is to remove all welfare programs and replace them with the negative income tax program that Milton Friedman first suggested.

Milton Friedman points out that though many government welfare programs are well intentioned, they tend to have pernicious side effects. In Dr. Friedman’s view, perhaps the most serious shortcoming of governmental welfare activities is their tendency to strip away individual independence and dignity. This is because bureaucrats in welfare agencies are placed in positions of tremendous power over welfare recipients, exercising great influence over their lives. In addition, welfare programs tend to be self-perpetuating because they destroy work incentives. Dr. Friedman suggests a negative income tax as a way of helping the poor. The government would pay money to people falling below a certain income level. As they obtained jobs and earned money, they would continue to receive some payments from the government until their outside income reached a certain ceiling. This system would make people better off who sought work and earned income.

Here are some previous posts that I made that show how that should be done in greater detail.

We can no longer afford the welfare state (Part 7)

Ep. 4 – From Cradle to Grave [7/7]. Milton Friedman’s Free to Choose (1980) With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse. The first step is to […]

We can no longer afford the welfare state (Part 6)

Ep. 4 – From Cradle to Grave [6/7]. Milton Friedman’s Free to Choose (1980) With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse. The first step is to […]

We can no longer afford the welfare state (Part 5)

Ep. 4 – From Cradle to Grave [5/7]. Milton Friedman’s Free to Choose (1980) With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse. The first step is to […]

We can no longer afford the welfare state (Part 4)

 Ep. 4 – From Cradle to Grave [4/7]. Milton Friedman’s Free to Choose (1980) With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse. The first step is to […]

We can no longer afford the welfare state (Part 3)

Ep. 4 – From Cradle to Grave [3/7]. Milton Friedman’s Free to Choose (1980) With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse. The first step is to […]

We can no longer afford the welfare state (Part 2)

With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse. The first step is to remove all welfare programs and replace them with the negative income tax program that […]

We can no longer afford the welfare state (Part 1)

Milton Friedman’s Free to Choose – Ep.4 (1/7) – From Cradle to Grave   With the national debt increasing faster than ever we must make the hard decisions to balance the budget now. If we wait another decade to balance the budget then we will surely risk our economic collapse. The first step is to […]

 Ep. 4 – From Cradle to Grave [4/7]. Milton Friedman’s Free to Choose (1980)

 

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