cold hard cash

Axios has a short primer on the idea of giving out cash to alleviate poverty. Conceptually, I am more attracted to the idea that the government should provide services the private market is failing to provide, employ people at market/living wages to provide those services, and provide people with the education and lifelong training to succeed in the private marketplace. Along with that, it should provide generous unemployment, disability, and retirement benefits to those who have a good reason for not working. Also, child care and health care so people can work part time, start a business or study without one spouse being chained to a full time large employer to get those benefits for the family. Of course, we do have unemployment, disability, and retirement benefits, and these do amount to giving cash to people. We also have tax credits, which are mathematically indistinguishable from giving out cash but psychologically very different. Because we have a tax system that is intentionally designed to be hated so nobody will support it.

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