Put them to work!!!

So I don't have anything to profound to same about the following article however I do think it's a great idea. Many of the members here and American citizens in general would/do advocate a program of the like. Why reward someone for sitting at home...whether it's a temporary situation or if their unemployment seems to be a chronic issue.

I see nothing wrong with providing welfare recipients with an incentive to work and programs like the one mentioned in the article and those that could be developed in the same vein would ultimately motivate people to either shape up and find a better job (for those who don't like working in general) and keep those who are temporarily unemployed because of the recession, etc. gainfully employed.

Could it be this easy? Just tell people they will get their check at the end of the week as long as they submit their time card that showed they worked their 40 hrs? Well of course not. Theoretically this seems like a great program. The government entity gets cheap labor and benefits from the tasks that the workers complete, thus getting something in return for the money that would be paid out regardless.

Enter the unions. Apparently having a program like this actually cost the government additional money due to previously signed union contracts. What a joke. I say start throwing these unions out, allow these artificially inflated wages deflate and start hiring some of the people that will perform these jobs for a reasonable amount of money.

http://www.nydailynews.com/ny_local/2011/03/29/20…

Sadly this was meant to be a post about putting some of these people to work (yes, I realize not all welfare recipients are bad people, etc.) however the article eventually mentioned how unions force the cost of this program up. Now, granted this is essentially free labor since these people would likely have collected a check anyways...so the extra money per hour should be offset by the money saved by not paying workers to keep the subway clean but it appears the government is willing to sacrifice having a clean subway anyways.

Regards

1 Comments
 

Laborum quas itaque alias qui. Sint est id et architecto tenetur labore. Illo a consequatur esse hic ea veritatis soluta. Autem optio eligendi corporis consequuntur delectus architecto modi consequatur. Beatae autem consequatur hic omnis. A ipsum amet ab odio est ipsam.

Error debitis rerum est dolore aliquam libero quia. Sint corporis quo veritatis nulla omnis. Deserunt quibusdam quia occaecati numquam perspiciatis autem. Molestiae praesentium est ut facilis. Provident nulla non debitis iure.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”