Poverty-alleviation programs like food stamps (SNAP), Social Security, and other "welfare" programs are broadly effective at reducing poverty, a new study from University of Chicago researchers found.
The study, performed by researchers Bruce Meyer and Derek Wu, conducted a more comprehensive analysis than most studies, because it used administrative data from the programs' payment records, not just survey data of recipients from the Census Bureau.
[...] For the elderly, Wu said the research found that Social Security benefits "single-handedly slashes poverty by 75%." Social Security's overall effect on all poverty is also enormous, responsible for by far the largest poverty reduction among all these programs, the study said.
(Score: 0) by Anonymous Coward on Tuesday May 29 2018, @10:22PM
As I have encountered numerous times (perhaps because of my political leanings and my choices of media): "a hand up--not a handout".
...and another mention here for Italy's Marcora Law. [google.com]
Since 1985, that has allowed workers (10 or more), idled by boom-and-bust Capitalists, to start a worker-owned cooperative through receiving their unemployment benefits in a lump sum.
-- OriginalOwner_ [soylentnews.org]