The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

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Thursday, June 6, 2013

Edward Lazear: The Hidden Jobless Disaster -

Why have so many workers dropped out of the labor force and stopped actively seeking work? Partly this is due to sluggish economic growth. But research by the University of Chicago's Casey Mulligan has suggested that because government benefits are lost when income rises, some people forgo poor jobs in lieu of government benefits—unemployment insurance, food stamps and disability benefits among the most obvious. The disability rolls have grown by 13% and the number receiving food stamps by 39% since 2009.


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"some people forgo poor jobs in lieu of government benefits": we've had that from, I suppose, 1945. Since such people breed young, that's nearly three generations.The consequences are not pretty.

Posted by: dearieme | Jun 7, 2013 3:06:09 AM