Request For Research: Basic Income
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Re: Request For Research: Basic Income
#102Re: Request For Research: Basic Income
#103What's in it for YC?
Re: Request For Research: Basic Income
#104As a teenager, I saw this news blurb from the George Bush presidential campaign. A woman (single mother) was working three jobs to make ends meet and the audience engaged in a massive circlejerk. Couldn't help think about the incredible waste of a life - soul-sucking jobs that ensure this person doesn't move up economic classes, has no time to focus on self-improvement and gets to provide no attention to family. And then the next generation continues this cycle.
In the 21st century - we must change our approach to governance - dignity for everyone.
Re: Request For Research: Basic Income
#105There's a very relevant section in this book ( The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies - http://amzn.to/1KFJ1Iu ) , that I just read last night: > "His view is strongly supported by the work of economist Andrew Oswald, who found that joblessness lasting six months or longer harms feelings of well-being and other measures of mental health about as much as the death of…
I've always wondered if its actually the joblessness that degrades people's self worth or the job search that must not be going to well and thus keeps them jobless. Would a person without a job but with a basic income and thus not feeling pressure to get a job experience the same hit to their self worth?
Hopefully, merely collecting a universal/basic income will not be similarly stigmatized.
Re: Request For Research: Basic Income
#106It's worth reading about the Canadian experiments with basic income in the 1970s: https://en.wikipedia.org/wiki/Mincome http://news.nationalpost.com/full-comment/colby-cosh-what-th... The experiment allowed households to opt out, and after a while most did. However this result is convoluted by the fact that the income was not inflation indexed, and inflation rates in Canada in the 1970s got quite high. The main concl…
In fact, the reason people are suffering now is the level of monetary inflation (Which has been high going back to the Reagan era, so it's the fault of both parties. This is not a partisan issue- it's an economics one. And the problem is that politicians get elected by promising stuff, but to produce the stuff, they can't raise taxes, so they do the equivalent by printing money.)
Re: Request For Research: Basic Income
#107$10,000 * US_POPULATION ~= $3.2T ~= The total annual tax revenue of the US federal government. Something to keep in mind when discussing this topic.
But that number is misleading. I have a spouse and three children. Does that mean we all will get 10K/yr? I have had a different thought on this in the past; Every child born should have $10K put into an account in their name on the day they are born. It will gain interest and grow until they are 18, then they get the money. And as an adult after 21, they are taxed at some rate to pay back the initial 10K that will t…
Re: Request For Research: Basic Income
#108Re: Request For Research: Basic Income
#109There's a very relevant section in this book ( The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies - http://amzn.to/1KFJ1Iu ) , that I just read last night: > "His view is strongly supported by the work of economist Andrew Oswald, who found that joblessness lasting six months or longer harms feelings of well-being and other measures of mental health about as much as the death of…
I've always wondered if its actually the joblessness that degrades people's self worth or the job search that must not be going to well and thus keeps them jobless. Would a person without a job but with a basic income and thus not feeling pressure to get a job experience the same hit to their self worth?
I think a good source of data could be the population of retired people. I'm pretty sure if I could afford to be retired, I could easily keep busy the rest of my life.