Jake Schlesinger
speaker
35 appearances
1 recordings
1 series
first heard Jan 2020
last heard Jan 2020
Jake Schlesinger’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Should the Government Provide Americans a Minimum Income? · 13 Jan 2020
podcast
And what was important about that child tax credit is that a portion of it would be made available to all families, no strings attached.
That's a contrast with the current law in which a child tax credit does have strings attached, some requirements for working, some requirements for earning a certain amount in the private sector.
And what in some ways is a real breakthrough in a concept in the Romney-Bennett proposal is that you would be able for the first time to get a child tax credit if you have children at home, whether you're working or not.
Yeah, that gets to what has been a core debate about government income support and welfare, really going back to the Reagan administration in the 80s, which is
There has been a turn that has been accepted by both parties, which is that government support really should be tied to people who are working.
The theory being that to give some kind of income guarantee to people who are not in the job market is a disincentive for work and creates an unhealthy dependency.
Bill Clinton in the 1990s, even as he significantly expanded income support programs, still rooted that through work.
There's a growing number of proposals, whether it's to actually drop the work requirement altogether or to what some people call expand the definition of work to say that, well, you don't need to get a paycheck from an employer to qualify for credits that go to working people, that if you're a student in college, if you're a caregiver for employees.
a child at home or an elderly parent, that qualifies as work and you should get government support as well, government payments as well.
That makes some Democrats nervous who worry that, in particular, that once you start to loosen the bonds between income support programs and work, that you will lose the bipartisan support that has built up for those programs over the past 40 years.
Absolutely.
The Trump administration is taking policy in the opposite direction, which is to impose even stricter work requirements for people who are getting government assistance.
The logic, again, being that you don't want to provide government support that provides a disincentive for work, as some people believe happens.
And again, to cut down on government assistance.
Again, those are not necessarily widely supported views or not necessarily the consensus view, but there certainly is a view out there that you need to impose those restrictions in order to get the best outcomes.
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