Post Thanksgiving ruminations and ruinations …
Question: When is it better to earn $29,000 than to earn $69,000?
Answer: When you’re a single mom living in Pennsylvania.
Why? Because, thanks to our generous welfare system, a single mom makes out better that way.
When all the benefits are added up, the lower-paid single mom qualifies to receive $57,327 in net income and benefits, while the mom who earns $69,000 ends up with a net income and benefits of $57,045.
This is according to figures from our own state Secretary of Welfare Gary Alexander. Worse, his chart on Household Income and Benefits shows that if the same single mom making $29,000 were to get a $1,000 raise, she would lose close to $7,000 in state benefits.
If you were in her position, would you accept that raise? But such are the disincentives built into our current and crazy welfare system.
h/t Groucho Marxist