While I am generally against market-distorting subsidies and “crony capitalism” I think Will is vastly over simplifying the causes of our low labor participation rate. He says nothing about the huge influx of retirees, the shocking amount of money the “welfare sttate” pays people such that it is better for them not to work, and the fact that many married couples have chosen to make the sacrifices to have one parent at home full time. And there are still other causes….this cake has many layers.
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Young educated people are leaving red states in droves.
Simple answer.
While I am generally against market-distorting subsidies and “crony capitalism” I think Will is vastly over simplifying the causes of our low labor participation rate. He says nothing about the huge influx of retirees, the shocking amount of money the “welfare sttate” pays people such that it is better for them not to work, and the fact that many married couples have chosen to make the sacrifices to have one parent at home full time. And there are still other causes….this cake has many layers.