Blindly throwing money at education is not a serious attemp to fix it.
O'reilly makes a good point about stopping the glorification of that life style. I am fine with trying something like the business subsidy you are talking about.
I get what he's saying because he doesn't understand cultural dynamics. It's a sideshow that distracts from discussing the issue in any meaningful way. Counterproductive traits are glorified in poor areas all across the world. Get some jobs, get rid of poor, get rid of glorifying bad traits. Affluence has a nice way of stamping out some of these things.
O'Reilly and the self-righteous right want to work in reverse hacking at leaves instead of roots.