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Letters to Myself
Thursday, 28 April 2005
Welfare performance metrics
Topic: politics
It seems ironic to me that so many welfare bureacrats reporting on their performance first mention the size of their ever-growing budget and appropriations. As if the massive treasure they expend in their efforts is somehow an accurate measure of actual social benefits.

In the reality of things, the best economic indicator of a really beneficial welfare project would be a rapidly shrinking budget. Because any welfare institution that produces a lasting and significant benefit ought to put itself right out of business.

Posted by jcobabe at 5:33 AM MDT
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