2min chapter

Some of My Best Friends Are cover image

America’s Poverty is by Design

Some of My Best Friends Are

CHAPTER

The Importance of Deeper Investments in the Labor Market

Matt Welch: Wages increase only about 0.3% a year in real terms, which means the government is having to spend more because of it. He says we need ways to address exploitation in the housing financial and labor markets. Welch: For every dollar budget for cash welfare, only 22 cents lands in the pocket of a poor family due to states' unspent money.

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