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by rbehrends
4765 days ago
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Basic welfare is an unavoidable cost. The only way to avoid paying for food, housing, and healthcare is, to be blunt, to starve or bleed to death in the gutter. And basic welfare doesn't really cost much. The cost drivers for the European welfare systems are healthcare and pensions. With respect to healthcare, the EU countries actually have the enormously inefficient American system beat (often for better quality at lower cost), with respect to pensions, they generally lag behind due to lower fertility rates. Education pays for itself because it is an investment. The average person will be more productive and earn more (thus increasing GDP and also their personal tax payments) if they have an education rather than being illiterate. ROI for education is extremely good. Countries like Switzerland and Germany do not subsidize education just because it's a nice thing to do, but because it's a positive sum game. |
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