Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Welfare Reform

September 12, 1996February 6, 2017

“I would love to read your opinion about the Welfare Reform Bill. Frankly, I’m worried.” — David Bruce (not a welfare recipient himself)

I’m worried, too, but here’s my optimist’s view:

The new law will jog 20% of the people — those who really just need a good sharp push — off the welfare rolls and onto the tax rolls. Long-term, that will be an enormous plus for them and their kids and the rest of us.

Then, with 80% still on welfare and the two-year limit rapidly approaching, weeks before the checks stop coming, the President will propose, and Congress will pass, some extensions and humane modifications. And that will be repeated in various ways as the years go on: a sort of brinksmanship, pushing people to work (and, hopefully, helping them find it), but not pushing so hard that they, and especially their kids, get crushed in the process.

Just cutting 20% out of the problem, if we do, would be a huge plus. And being then forced to come to grips with the rest of the problem will be healthy, too.

In the short run, welfare reform may cost us more, not less. Helping the remaining 80% get the kind of training or treatment they need will be expensive — as will lifelong care for those who simply can’t fend for themselves. But in the long run, it should prove to be an excellent investment. Not to break the cycle of dependency would cost far more.

To an optimist, what’s happened is that we’ve launched a process that will indeed “end welfare as we know it,” forcing those who can to work, and forcing the rest of us to come to grips with the fact that for many welfare recipients it’s nowhere near that simple.

In the spirit of “tough love,” if you will, it’s a good first step. But more steps must and probably will follow to keep it from being cruel or inhumane.

What do others of you think?

Post navigation

← The DON’T BE RIDICULOUS Law
Do Diligence →

Quote of the Day

"Everything should be made as simple as possible, but not simpler."

Albert Einstein

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • It Feels Like The MAGA Movement Is Collapsing

    September 20, 2026
  • Must Read

    September 18, 2026
  • A +Second+ Kick-Ass Woman

    September 18, 2026
  • A Tale Of Three Men (And One Kick-Ass Woman)

    September 17, 2026
  • Could This Bull Market Be Over?

    September 14, 2026
  • Maybe If We Inject Bleach Into A.I.

    September 13, 2026
  • WE'RE Gonna Give You TEN Grand!

    September 11, 2026
  • Buckle Up . . .

    September 10, 2026
  • Cruelty In Kansas And Texas

    September 9, 2026
  • Handing The Mic To Andrew Yang

    September 8, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams