The same problem would apply in theory—you’d still have a weakened price mechanism because of the taxation used to fund it. $1000 dollars a month is just a lot.
It might still be worth is obviously—the point of this post isn’t to say that welfare spending is bad just that there’s a tradeoff, outside of the special cases of efficency enhancing taxes for stuff like pollution.
The same problem would apply in theory—you’d still have a weakened price mechanism because of the taxation used to fund it. $1000 dollars a month is just a lot.
It might still be worth is obviously—the point of this post isn’t to say that welfare spending is bad just that there’s a tradeoff, outside of the special cases of efficency enhancing taxes for stuff like pollution.