Social Safety Nets Quotes

If the economy is growing fast, there is call for a distributing income from the rich to the poor to to put in place social safety nets.

it must be right to suggest that all countries should use their resources so as to advance the right to development for their people in an equitable manner and that all countries should cooperate for the mutual achievement of the right to development. The alternative to such a policy framework is a Darwinian world of market-oriented capitalism with no social or human rights safety nets. How can developing countries survive in such a world?

I get that money is important, and it's scary to think that you won't have enough. At the same time, we can set up reasonable social safety nets and take care of everybody.

It’s innate in me to be a Democrat — a true Southern populist kind of Democrat. There’s not a lot of those anymore. I’m not saying I’m right or wrong. That’s just the way I feel. The issues that matter to me are the social safety nets for people, health care, middle-class concerns. We need to take care of the middle class and the poor in our country. The chasm is getting larger between haves and have-nots, and that’s something we need to close down a little bit.

The ultimate objective of subsidies should be to empower the poor, to break the cycle of poverty, and become foot-soldiers in our war on poverty.

The vital consideration of incentives is almost systematically overlooked in the proposals of agitators for more and bigger government welfare schemes. We should all be concerned about the plight of the poor and unfortunate. But the hard two-part question that any plan for relieving poverty must answer is: How can we mitigate the penalties of failure and misfortune without undermining the incentives to effort and success.

In many societies the domestic social costs of adjustment to changing patterns of comparative advantage are believed to outweigh the advantages of further trade liberalization.

. As labor becomes a less important factor in production as compared to owning intellectual capital, a majority of citizens may find the value of their labor insufficient to pay for a socially acceptable standard of living. These changes will require a political, rather than a purely economic, response concerning what kind of social safety nets should be in place to protect people from large, structural shifts in the economy. Absent mitigating policies, the beneficiaries of these shifts may be a small group at the upper stratum of the society

We should put more money in health. We should put more money in devising credible social safety nets for the poor.