581–590 of 1001 posts
I believe this can at least help people with their inner lives -- which can translate into benefits throughout.
Things that would help everyone, regardless of income, without depending on a radical restructuring of entitlement spending, that seem like things startups could actually do: * Equally credible alternatives to university education for professions that don't involve students shouldering $100k-$200k in debt based on decisions they have to make when they're 18 years old. * Empirical, blinded, skills-assessment based tur…
In 2013, Harvard researchers did a study of how financial stress affects decision making. Denise Cummins, Ph.D. explains their findings in Psychology Today:
"When the cost of [a car] repair was increased to $3,000, a very different picture emerged: The cognitive performance of those at the upper end of the income distribution was unaffected by the increase. But those at the lower end suffered a 40% decline! The authors interpreted this to mean that scarcity impaired people’s ability to think clearly. The threat—even an imagined threat—of a large bill made it difficult for poor people to focus on the cognitive tasks at hand."
Financial stress impedes human thinking / problem solving. People get consumed by the short term challenges in front of them, and can’t see the big picture.
Sources: http://www.sciencemag.org/content/341/6149/976 http://www.psychologytoday.com/blog/good-thinking/201309/why...
Earlier quoted context omitted.
So, you want communism or forced labor camps? I don't want Basic Income only to be told where and how to work. If I have to work for it, I want to go find work my damn self that I find palatable. Which is (part of) why I don't want Basic Income at all. (Edited for clarity)
Isn't the whole concept of Basic Income that there are no strings attached?
http://micheleincalifornia.blogspot.com/2016/01/the-conversa...
http://micheleincalifornia.blogspot.com/2016/01/ubi-we-tried...
http://micheleincalifornia.blogspot.com/2016/01/the-dubious-...
Things that would help everyone, regardless of income, without depending on a radical restructuring of entitlement spending, that seem like things startups could actually do: * Equally credible alternatives to university education for professions that don't involve students shouldering $100k-$200k in debt based on decisions they have to make when they're 18 years old. * Empirical, blinded, skills-assessment based tur…
Sorry, but all of those sound like things that are going to help people who were already going to be successful to be even more successful. College debt, for example, is a problem for those who were successful enough to get into college into the first place, and who, simply by getting into college, are already increasing their lifetime earnings by millions of dollars. Technological services for K-12 ed is pushing a s…
Earlier quoted context omitted.
College in Poland is free and there are options for very limited stipends which can sustain you (albeit on a poverty level). That did lift me from a poor, but educated, family into the world of computer software and a relatively successful career it seems. As it did for countless of my peers. Please don't discount free education as "not changing much", in the US I would be probably working at Mc Donalds or dealing cr…
There are problems with free Uni in Poland - people studying for 10 years just to extend the childhood. (government pay 15k a year to the uni) - some Unis accept people just to get money off of the government (accepted 500, graduate 100) - lack of quality due to poor funding Uni should not be free, but cheap. (50% of yearly median salary)
Note: in Spain it is expected to fail some subjects in Engineering
I wonder what basic income would do to cost of living? If everyone ends up with x amount of guaranteed income, does the cost of living eventually rise by the same amount across the board and basically negate it? It seems like rent-seeking behavior would come in to play here.
But it may different for housing and uncomeptitive markets.
Cutting that Gordian Knot will not be pretty.
Things that would help everyone, regardless of income, without depending on a radical restructuring of entitlement spending, that seem like things startups could actually do: * Equally credible alternatives to university education for professions that don't involve students shouldering $100k-$200k in debt based on decisions they have to make when they're 18 years old. * Empirical, blinded, skills-assessment based tur…
Financial desperation squeezes the cognitive juice right out of you. In 2013, Harvard researchers did a study of how financial stress affects decision making. Denise Cummins, Ph.D. explains their findings in Psychology Today: "When the cost of [a car] repair was increased to $3,000, a very different picture emerged: The cognitive performance of those at the upper end of the income distribution was unaffected by the i…
Earlier quoted context omitted.
Federal poverty level is 15930 for a two people family unit, that gives 8000 USD/person/year (slightly below 10k), * 300 mln is 2.4trln. Total income from social security tax (assuming you're replacing all social security with flat just-out-of-poverty basic income) comes to 1.1trln. So definitely short, but assuming 4% annual growth (figure reverse engineered from budget predictions in the futute), that gives us 20 y…
Probably the federal poverty level will be higher than $15,930 in 20 years. For reference, it grew by 59% in the last 20 years.