Friday, August 23, 2013

Cato Institue Publishes Flawed Report

The Cato Institute updated a report from 1995 and published what can only be characterized as the dumbest research projects ever published.  The report titled "The Work vs. Welfare Trade Off: 2013" might be the most absurd collection of disjointed statistics that has ever been put down on paper.  This report has no redeeming value in any policy debate that I could think of except maybe in showing that the minimum wage is too low in many states.  Cato "researchers" have lumped together entitlements such as food stamps with housing assistance limited by a significant lack of supply to Medicare limited to a small number of people to make the case that "welfare" may pay better than work pays.

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