1) NO taxes till $40k-50k for a family 2) Free healthcare 3) Not so crazy tution fees
all these are doable.. just like raising minimum wage..
171–180 of 355 posts
1) NO taxes till $40k-50k for a family 2) Free healthcare 3) Not so crazy tution fees
all these are doable.. just like raising minimum wage..
The minimum wage should be 0 - sincerely any good economist
Earlier quoted context omitted.
There’s something obviously wrong with the U.S. because suicide is now the second leading cause of death among young people and has jumped 50+ percent since the Great Recession: https://www.nytimes.com/2020/01/06/opinion/suicide-young-peo...
What would you prefer the second-leading cause of death be for young people? I am being serious. Some things have to be the top causes of death for young people and the list definitionally can’t include the aspirational “old age.”
Does anyone have access to the paper? Raising the minimum wage means less jobs will be available, as employers cut costs and perform layoffs. My assumption is the paper neglects to factors this into their analysis, but if they do, I'd love to read it. edit: paper shared below!
If you a see a piece of research that seems to contradict some elementary principle of economics, it's possible that the researchers somehow forgot all about it or never learned it and that the paper somehow passed out of peer review without anyone pointing out its glaring deficiencies, but it's more likely that that an elementary understanding of economics is insufficient to explain real world phenomena.
You can see a parallel to this in the climate science debate, where people object to scientific assertions on the grounds that the sun is very much hotter than burning fossil fuels or 'climate is always changing' and human activity is too nebulous to possibly have an impact. Often deliberately simplistic arguments are used to mislead the slightly-educated and discourage them from becoming better informed.
I wonder what would happen to the suicide rate with medicare for all, and creating a max-wage that is (avg of contractors + employees * 150), or something similar, w/ additional 'bonus' multipliers for increasing # of U.S. hired. UBI would also probably help. As a freelancer I've had some really slim months and depression hits hard when money is tight. There's a very direct correlation between income security, insecu…
I think a max wage totally makes sense, because nobody is more than a modest constant times more productive than anyone else, and anything created by a person is always built on existing knowledge and constructs created by society. Also, risk does not really exist anymore these days (with minimum wages, financial constructs around bankruptcy, etc.)
Fast forward to the 1860s, and nail production is automated to the extent that wire nails can be produced by the tens of millions with almost no human intervention.
The worker who forges nails by hand and the inventor who automates their production are undoubtedly orders of magnitude apart in productivity.
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The economy is only doing great for businesses. Common folk are barely recovered from the recession. So yes, I would say it's definitely due to inequality and a breakdown of indicators.
> Common folk are barely recovered from the recession. By what measure?
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Suicidal ideation is a mental health illness. Financial desperation is stressful, but that stress is not an indication of mental health distress. I don’t see these two things as having any correlation and I am not aware of any related evidence adjoining those two. If finances are a factor in suicidal ideation then it’s a secondary consideration in addition to more prominent concerns.
I find it hard to believe that you can’t see any correlation but here you go: https://www.ncbi.nlm.nih.gov/m/pubmed/24121465/ https://www.allure.com/story/suicide-debt-link
> Data analysis from a 2013 study published in the journal Clinical Psychology Review shows that those who died by suicide were eight times more likely to be in debt.
Correlation does not imply causation. To illustrate the silliness when the related items are transposed the statement becomes absurdly false even though the logic remains identical: persons in debt are 8 times more likely to be suicidal. Nobody is claiming that because it’s preposterous and there is no such data.
Stress is not a mental health illness. Having debt is also not a mental health illness.
wow, how about.. 1) NO taxes till $40k-50k for a family 2) Free healthcare 3) Not so crazy tution fees all these are doable.. just like raising minimum wage..
You're talking about quite literally like 80% of the entire tax revenue generated by the government. Income taxes we're devised because an industrial nation cannot collect property taxes on non land owning tax payers. As the cities grew, governments realized that they could only tax the wealthy and prominent land owners so much before they had to generate it in another way.