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Welfare and Unemployment: Elimination discussion

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What's wrong with the following statement? If government would just eliminate its welfare programs, unemployment compensation programs, and other transfer spending programs, the only costs of unemployment would be the personal costs borne by the unemployed themselves.

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Solution Summary

What's wrong with the following statement?

"If government would just eliminate its welfare programs, unemployment compensation programs, and other transfer spending programs, the only costs of unemployment would be the personal costs borne by the unemployed themselves."

The costs of unemployment would run deeper into society. Unemployed people still need to eat, sleep, and receive medical attention. If they are not covered by the government then on paper the government saves billions of dollars a year. There would be no more food stamps, rental assistance, or Medicaid programs... [more provided]

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The costs of unemployment would run deeper into society. Unemployed people still need to eat, sleep, and receive medical attention. If they are not covered by the government then on paper the government saves billions of dollars a year. There would be no more food stamps, rental assistance, or Medicaid programs.

However, the loss of those same programs would result in an increase in crime, squatters, and emergency medical care costs. People would steal food from anywhere they ...

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