Jan
01
1998

Cato Pads The Poor

Note: This article is a sidebar to "Media Moguls on Board: Murdoch, Malone and the Cato Institute" In 1995, during the national debate over welfare reform, the Cato Institute released a study called "The Work Vs. Welfare Trade-Off." The report was packed with statistics culled from Cato's research: "In 40 states wel­fare pays more than an $8 an hour job.. .. In nine states welfare pays more than the aver­age first-year salary for a teacher. . . . And in the six most generous states it pays more than the entry-level salary for a computer programmer." On average, the study […]