You assume no risk, then you shouldn't receive any of the benefits. Collecting a paycheck is easy, running a business is hard.
Ok, so he thinks all his employees are stupid and should just quit! Seriously, one more thing I wanted to mention is that I see these people all the time - people living the life (according to this article) - welfare, food stamps, medical care, section 8, etc, etc. I see how wonderful they live - sure they may live in a house with a Plasma TV, but it's usually a small house with bars on all windows and they got the TV from money they weren't supposed to use for that - and they are usually afraid of life each day in the 'hood they live in - not sure what they will do if something gets taken away from them, etc. I have never gone into a nice area that is clean and has friendly, happy people and then found out they are mostly welfare people. I have only seen it in run-down, dirty, scarier places. JJacksET4
Compare this to the UK: (£12,000 per month is approximately $230,000 per year. The local authorities pay the whole of the family's rent.) full article
I thought that the article stated a single working parent. However, if there are two, then the $9600 for day care gets eliminated since one parent would be at home with the children.
It was me who messed up. The article says: "a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year."