I forgot to mention that one of the consequences of reducing/eliminating welfare payments would be a reduction in the cost of living allowing many poor people to maintain or improve their current standard of living without depending on welfare subsidies. The most obvious example of what I am talking about can be seen in the rental real-estate market, where increases in the number or size of rental subsidies tends to drive up the rent on low end properties directly (and on nicer properties indirectly); and the reason for this is that the capacity for people to pay for a rental property increases, driving up the quantity demanded, creating a shortage of rental properties at every price, and rents necessarily increase to find a new market equilibrium.
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