Wednesday, July 05, 2017

Work Shortage and Work Ethic Shortage

After a hard day at work, nothing infuriates me more than hearing about a topic like this, from the Wall Street Journal: "Get Able-Bodied Americans off the Couch. Nearly 95 million people have removed themselves entirely from the job market."  Peter Cove writes, "America doesn’t have a worker shortage; it has a work shortage. The unemployment rate is at a 15-year low, but only 55% of Americans adults 18 to 64 have full-time jobs. Nearly 95 million people have removed themselves entirely from the job market.  According to demographer Nicholas Eberstadt,  the labor-force participation rate for men 25 to 54 is lower now than it was at the end of the Great Depression.  The welfare state is largely to blame."

How nice.  Why not stigmatize idleness like we used to do? Shame these loafers into working, or else stop their welfare payments. I'd like a good reason why they should be paid to do nothing!

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