Moving Forward on Basic Income
381–390 of 1001 posts
Re: Moving Forward on Basic Income
#382So, a question for the BI fans: I've seen it said repeatedly that BI will save us money (or at least, not be so outrageously expensive) in part because we can eliminate existing welfare programs. "Just cut a single check, no more overhead from several agencies", they say. But riddle me this: what do you do when someone on BI has a financial emergency or, as will happen with some regularity, just flat-out blows all th…
So all of this is a straw man and completely irrelevant to anything related to BI. Once you expend your welfare, you don't get more just because you asked.
Re: Moving Forward on Basic Income
#383Can anyone explain how this can be implemented mathematically? Assume 300 million people @ $12k / year, you are spending $3.6 trillion. That is already more than current government revenue, leaving all current government services unfunded.
There are around 4-6 empty houses in the US for every homeless person and around 40% of food goes to waste.
So providing for the most basic physiological needs of the ~45 million impoverished people in the US is not a problem of production, it's a problem of distribution and waste management.
Re: Moving Forward on Basic Income
#384Re: Moving Forward on Basic Income
#385What amazes me in this discussion about BI is that most people don't seem to realize that systems similar to BI have already been tried in Europe, and that they didn't work. I come from the Netherlands, which has always had unemployment benefits. Nowadays you get those only if you meet a bunch of strict conditions but it hasn't always been so tough. In the early eighties, there were almost no checks whatsoever. The r…
> worked for black money and collect the social benefit at the same time This one doesn't apply to BI, since you get the same amount of BI money whether you work or not and regardless of how much you earn.
I assume it is funded through taxes and that people that earn more income will pay higher taxes. So once you take BI received - taxes paid, people that earn more outside income get less from the BI program than those that don't. And we are back in the same situation where a welfare program creates disincentives for work.
Re: Moving Forward on Basic Income
#386So, a question for the BI fans: I've seen it said repeatedly that BI will save us money (or at least, not be so outrageously expensive) in part because we can eliminate existing welfare programs. "Just cut a single check, no more overhead from several agencies", they say. But riddle me this: what do you do when someone on BI has a financial emergency or, as will happen with some regularity, just flat-out blows all th…
The best answer that I've heard to this question (when I asked it on HN a year or two ago) is that you give people their money on a weekly basis. If they blow it and have no money for food, well they are going to get another check in a week. This doesn't totally solve the problem of course, but makes the "I blew all my money on a new car and now I can't eat" issue much more manageable.
Re: Moving Forward on Basic Income
#387What amazes me in this discussion about BI is that most people don't seem to realize that systems similar to BI have already been tried in Europe, and that they didn't work. I come from the Netherlands, which has always had unemployment benefits. Nowadays you get those only if you meet a bunch of strict conditions but it hasn't always been so tough. In the early eighties, there were almost no checks whatsoever. The r…
[0] http://www.independent.co.uk/news/world/europe/finland-to-co...
Re: Moving Forward on Basic Income
#388What amazes me in this discussion about BI is that most people don't seem to realize that systems similar to BI have already been tried in Europe, and that they didn't work. I come from the Netherlands, which has always had unemployment benefits. Nowadays you get those only if you meet a bunch of strict conditions but it hasn't always been so tough. In the early eighties, there were almost no checks whatsoever. The r…
Unemployment insurance is not BI. BI goes to everyone, Unemployment insurance only goes to people who aren't working legally. Unemployment insurance reduces the incentive to work because it pays people to not work. It similarly incentivizes black market labor. BI does not do that. It does (if we get replace minimum wage with basic income) allow people to do work that pays nothing or very little. However, I would see…
That's a contradiction. Productivity is defined as output divided by hours worked. Output is defined roughly as "sales of things that people want".
Putting aside market failures for a moment, work that pays nothing is very often work that nobody wants done. There are lots of people who will happily churn out poems about their personal angst all day if they had the opportunity to do so and call it 'work' but if nobody wants to buy their poems then it's not considered economic productivity. And it must be this way as otherwise you could get idiotic situations like someone who just goes running every day and says they were "productive" because they did "work", ignoring that it was income free because it didn't help anyone else. At some level the notion of productive work must be tied to an exchange of goods or services or else the phrase becomes kind of meaningless.
Re: Moving Forward on Basic Income
#389Earlier quoted context omitted.
Realistically a Basic Income wouldn't be guaranteed forever either, as it'd rely on a government, which tend to be replaced every 4 - 8 years. The main difference is perhaps that they know how long it will last. Edit: rephrase because I didn't express myself very well
> Realistically a Basic Income wouldn't be guaranteed forever either, as it'd rely on a government, which tend to be replaced every 4 - 8 years. The main difference is perhaps that they know how long it will last. That's like saying our existing welfare programs won't be around forever. But guess what -- they will. Handing out free money is an easy way to win votes and an even easier way to lose them if you take it a…
So no, welfare will not necessarily be around forever. And the systems that exist rarely last long on an individual basis.
Re: Moving Forward on Basic Income
#390Earlier quoted context omitted.
What sort of emergency do you envision? Most of today's financial emergencies hinge on either losing your job or incurring extreme debt due to uninsured medical care. I can't speak for all BI proponents but I, personally, support universal health care in addition to BI. With health care taking care of medical expense emergencies, basic income is left to take care of job-related emergencies. Your example of "my car br…
In other words, can you really have BI without universal health care?
Neither one is a substitute for the other; both are extremely beneficial.