Posted on 11/14/2013 3:05:04 PM PST by Sir Napsalot
A simple idea for eliminating poverty is garnering greater attention in recent weeks: automatically have the government give every adult a basic income.
The Atlantic's Matt Bruenig and Elizabeth Stoker brought up the idea a few weeks ago when they contemplated cutting poverty in half and Annie Lowrey revisited it today in the New York Times.
Real wages have been stagnant in America for decades now and income inequality has grown immensely.In the aftermath of the Great Recession, its only gotten worse. ....
Its exactly how it sounds. The government would mail every American over the age of 21 a check each month. Thats it. Everyone is free to do what they like with it.
...... But a (universal) minimum income would also allow us to eliminate every government benefit as well. Get rid of SNAP, TANF, housing vouchers, the Earned Income tax credit and many others. Get rid of them all.
(Excerpt) Read more at businessinsider.com ...
Full title:
Everyone’s Talking About This Simple Solution To Ending Poverty By Just Giving People Free Money
Well, using the salaries and bene’s associated with the go’vt employees associated with “administration” of all the programs could go a long way to covering the cash flow.
It is ridiculous to think that this would work.
Its called getting an allowance from your grandchildren.
They have to steal it from someone first in order to do whatever kind of stupid B.S. they want to do with it.
and once every single American gets a check from the government, you can say goodbye to any Republican votes until the whole Ponzi scheme collapses.
How many Americans would work if they get free money?
If Americans stopped working, where would the taxes come from to pay out these checks?
Its basically what the USA does already.
Better yet, just declare the leaves on the trees to be legal tender. That way there would be plenty for everybody, and think of all the money it would save on printing costs.
Didn’t OPRAH try this.....it did NOT turn out so well.
Question 1: uh, where does the money come from?
Question 2: where will the money come from once the people that were paying the checks get on the same program?
Waiting for your answer, 0...
My extended family is begging for food after Typhoon Haiyan and these WORTHLESS scumbag leftists demand more or my money. I will flee the country before I give them anymore. To hell with them!
ping
—anybody around here old enough to remember Nixon’s “negative income tax”??
—it was aimed at getting rid of “social workers”—a laudable ambition , IMHO—
exactly right!
Best comedy sketch show ever. Nice post.
I doubt it would stop the “community organizers” for too long, they’ll find another racket to exploit
I guess no one studies economics any more.
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