After they caved on the state minimum wage? No, this doesn't do nearly enough to fill in the hole they dug with that blunder.
None of this really matters...when these folks realize that their free ride has ended...they will pack and move to another state to start the cycle over. There are plenty of states where its still long-term welfare.
What you will notice by 2010...is that vast neighborhoods in the big "D"...are empty...houses standing there but no one around. The state will begin the property tax grab...and by 2015...you will see huge neighborhoods just leveled to the ground. The population in the state will decrease...probably by a minimum of 100,000...and I'd even go as high as 200,000 possibly.