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Again who is going to pay for it?
11k is nothing. They will demand more claiming it isn't livable.
Who pays for social spending now?
Again who is going to pay for it?
11k is nothing. They will demand more claiming it isn't livable.
You are freaking out over a possible increase of $600 billion ($2.1 trillion vs. $1.5 trillion) to drop (all?) current social spending and switch to a BIG of $11K/family. I would bet that eliminating all other federal social spending departments, agencies and programs and letting the IRS "prebate" each family that $11K/year would save money in the long run.
How does a retired couple in their 70s purchase health coverage for 11k a year?
What do you think will happen? Will they follow basic human nature and waste the money (or find a clever way to abuse it). Or will they use the subsistence income to free them up to improve their situation?
I dont really have a good answer. Its possible that those without the understanding of how to improve can do so even if given a handout. Perhaps this will increase crime as those in the area who dont get the income will move in to steal from those who do.
So now they can buy a lot of drugs and alcohol. Maybe OD or something?
BIG, basic income guarantee, is the thread topic. Wages are income - typically given as cash. Note that the OP makes no mention (as in, none at all) of giving these "handouts" only to the poor (as in, BIG is not means tested). These "handouts" are given to all folks (in that village) just like roads to use, police and fire protection is (yep, even the non-poor use those things too). The idea is to see if those that are said to "lack resources" will benefit from being given some more "resources", and which type of BIG might work better.
Who pays for social spending now?
Pragmatic libertarian is an oxymoron. I will never be convinced to force one person to pay for another.
Bobbaker said:Then you have no concept of "society", "the collective good" and "taxes" and how that all functions smoothly when intelligently applied and continuously evaluated.
Yeah that's why as a country, we're $20 trillion in the whole. Progressive thinking.
It is the anti-pragmatism of dogmatic libertarians which will always keep them on the fringe.
We dont care. We just want to be left alone. We arent asking you to join us.
What do you think will happen? Will they follow basic human nature and waste the money (or find a clever way to abuse it). Or will they use the subsistence income to free them up to improve their situation?
I dont really have a good answer. Its possible that those without the understanding of how to improve can do so even if given a handout. Perhaps this will increase crime as those in the area who dont get the income will move in to steal from those who do.
It won't matter how it works.. the experiment has little validity to the real world.
1. The samples are not interacting on a global stage
2. The money is not coming from the samples themselves.. Its coming from donation..
In the real world.. those receiving the universal income.. would be paying taxes as well for it.
Among many other problems.
We dont care.
Yep, but no doubt if there is a little improvement it will be the rallying cry for transforming america.
Then you can fully expect to never get your way.