If you suggest killing welfare without anything else changing, you're going to have a lot of people starving to death.
First of all, you need to introduce free markets into the likes of food, healthcare, mortgages, to massively reduce prices in these areas. You then need to ramp up the drive for employment by reducing the costs: cutting regulations, taxes, and minimum wage.
This will allow wages to fall to the market clearing rate, as well as having other costs falling to allow for an increase in the standard of living on low-income earners.
By this point, you could cut welfare with very little short term pain.
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If you were to eliminate welfare now with none of this, it'd still be better in the long run. But I will accept it would have a large cost in the short term.
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