41–50 of 346 posts
Why is this? How are these people expected to survive, if they are disabled to the point that they can't hold down a job, and aren't allowed to work without the risk of losing their disability payments? Busking? I know that's been one traditional job for disabled people over the centuries, but I feel like we should be able to do better.
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The concern I have with this will be inflation. People now have money, sellers can now raise prices. Which eventually gets us right back to where we were. You can give them more money, but then you are accelerating the cycle.
What about a resource-based basic income? There is already a vast surplus of food and shelter that goes wasted every year, at least in the US.
I suppose another way would be to issue restricted local currencies and non-transferable coupons or vouchers. That has the added benefit of creating a lot of paper-pushing bureaucracy jobs.
>because disability payments on average amount to less than minimum wage, sometimes much less, ... Why is this? How are these people expected to survive, if they are disabled to the point that they can't hold down a job, and aren't allowed to work without the risk of losing their disability payments? Busking? I know that's been one traditional job for disabled people over the centuries, but I feel like we should be a…
If you can't stand for a long time, but can sit and work, you might get 30% disability.
Even at 100% it's not a lot of money, but I've heard it's enough to exist.
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One good thing about a true basic income is that there wouldn't be conditions for receiving it so it would significantly lessen the penalty for working legitimately (obviously there would still be tax reasons to have income you don't need to report). My hope for basic income is that by simplifying how we give aid it can take out much of the ridiculous bureaucracy of it but I'm obviously no expert
The concern I have with this will be inflation. People now have money, sellers can now raise prices. Which eventually gets us right back to where we were. You can give them more money, but then you are accelerating the cycle.
Just pumping more money in will fix nothing. What is needed is for some massive non-profit entity to step in and provide basic goods and services at a known price. This then fixes the floor of the economy rather than continually trying to chase the roof.
So why can't we invest enough time and money in these people to make them engineers and technicians? Then they might be able to start shops that make and distribute the tourist trinkets mentioned by another poster. Why is the only solution that a large company that someone else creates moves in and provides low skill jobs?
What makes you think these people wouldn't already have jobs as engineers and technicians if they were capable of that? It even mentions in the article that the one lady lives down the road from her nephew who has a nice house with trucks and a boat. He was pulling down 100k at a coal related job, that might mean in a labor role but there's a good chance he's the type of person you're talking about; someone capable o…
So why can't we invest enough time and money in these people to make them engineers and technicians? Then they might be able to start shops that make and distribute the tourist trinkets mentioned by another poster. Why is the only solution that a large company that someone else creates moves in and provides low skill jobs?
What makes you think these people wouldn't already have jobs as engineers and technicians if they were capable of that? It even mentions in the article that the one lady lives down the road from her nephew who has a nice house with trucks and a boat. He was pulling down 100k at a coal related job, that might mean in a labor role but there's a good chance he's the type of person you're talking about; someone capable o…
Earlier quoted context omitted.
The concern I have with this will be inflation. People now have money, sellers can now raise prices. Which eventually gets us right back to where we were. You can give them more money, but then you are accelerating the cycle.
What about a resource-based basic income? There is already a vast surplus of food and shelter that goes wasted every year, at least in the US.
the US is already subsidizing foodstuffs to attempt to address the problem from the supply side. it seems politically untenable though to wire that up to the demand side directly without sending it through some for-profit machinery somewhere. its basically communism.
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What makes you think these people wouldn't already have jobs as engineers and technicians if they were capable of that? It even mentions in the article that the one lady lives down the road from her nephew who has a nice house with trucks and a boat. He was pulling down 100k at a coal related job, that might mean in a labor role but there's a good chance he's the type of person you're talking about; someone capable o…
I am amazed by the pervasiveness of the assumption that most of the human race is inherently just too stupid to become upper middle like us.
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The concern I have with this will be inflation. People now have money, sellers can now raise prices. Which eventually gets us right back to where we were. You can give them more money, but then you are accelerating the cycle.
Not quite. Inflation isn’t the outright awful thing people assume it is. Further, the concept is to give people just enough to survive. That creates demand for only the basics. The basics are largely standardized items. When was the last time there was a shortage in corn, cotton, flour? They’re all commodities. If anything modern prices for these goods and services are likely to be indifferent to the increase in dema…
Do you think that if everyone in that story got a $2k BI check that the huts they live in would continue to rent for $300? Doubtful - very doubtful.
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sellers who raise prices will need to compete with ones who don't.
And ... how well is that working out in markets like, say, high speed internet (from someone who is struggling to find competitive offerings in a large market near major cities). The point is that sellers may attempt to partition markets to reduce competitive pressure, allowing each to increase their pricing without worrying about being undercut.