- Joined
- May 22, 2012
- Messages
- 104,396
- Reaction score
- 67,587
- Location
- Uhland, Texas
- Gender
- Male
- Political Leaning
- Libertarian
Well yeah, I am saying across the board; or not at all.
If it's government mandating a benifit, whether minimum wage, healthcare, financial assistance, etc., I believe it should apply to all citizens.
So if the government mandates 16 an hour minimum for autoworkers, it should be 16 an hour minimum for all workers. Or, it should be not at all.
Same with heathcare. Around 35-40 percent of the country gets government paid for healthcare, in the form of disability, Medicaid, Medicare, VA, etc. I would not do that. I'd have Medicaid for all. As for welfare and social security payments, I'd nix that, too. I'd role-out a modest guaranteed income.
That (bolded above) may look good on paper, but consider reality for just a bit first. A $16/hour MW, on a full-time basis, is about $32K/year - meaning that a two MW worker household would then make about $64K/year - over the current US median household income of about $59K. That alone leaves our household (my girlfriend and I) living on a combined Social Security (SS) income of under $29K/year - less than a single (full-time) MW job would then pay, rather than more as it does now.
With a guaranteed annual income (GAI) system also in play (for everyone age 18 and up?) that lowers the value of the MW by whatever the annual GAI amount is. Let's say the GAI amount is $20K/year so the effective yield of that $16/hour MW (on a full-time basis) is no longer $32K/year it is then only $12K/year (over the GAI amount) or about $6/hour - so why work at the new lower effective MW hourly rate? If our (two person) household got an AGI of $40K/year (about $11K more than we get in SS now) then someone's taxes would have to go up considerably to pay us that added money not to work but to get more in federal entitlements.
Adding "free" UHC on top of the ($20K/year?) AGI (even with UHC at $5K/year per person cost - a very low SWAG) would mean giving our (and every?) two person household more than $50K/year of "free" entitlement benefits. Why would anyone elect to work (on the books)?
Last edited: