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America is running out of jobs. It's time for a universal basic income.
The Week ^
| 09/09/2014
| Ryan Cooper
Posted on 09/09/2014 11:43:55 AM PDT by DannyTN
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To: Bobalu
Hey, it worked on Star Trek!
(Seriously...do I even need a /sarc?)
181
posted on
09/09/2014 10:31:55 PM PDT
by
gogeo
(If you are Tea Party, the Republican Party does not want you.)
To: aimhigh
Ya, we heard that promise many times in the 1970's under Jimma Carter... Yes, the groundbreaking advances in solar power have been 10 years away for the past 35.
182
posted on
09/09/2014 10:36:26 PM PDT
by
gogeo
(If you are Tea Party, the Republican Party does not want you.)
To: expat2
The problem is that the regime used the money to keep non-productive bureaucrats in jobs, instead of using it to stimulate the productive private part of the economy. That was against everything Keynes recommended... Not true.
John Maynard Keynes said that it didn't matter, that for purposes of aggregate demand there was no difference between government and private employment.
183
posted on
09/09/2014 10:39:26 PM PDT
by
gogeo
(If you are Tea Party, the Republican Party does not want you.)
To: SoothingDave
You are part of the problem. Well meaning (I guess) but foolish.
184
posted on
09/09/2014 10:46:48 PM PDT
by
gogeo
(If you are Tea Party, the Republican Party does not want you.)
To: goldstategop
An income guarantee is not welfare... Of course it is.
It is welfare by its very nature.
185
posted on
09/09/2014 10:52:04 PM PDT
by
gogeo
(If you are Tea Party, the Republican Party does not want you.)
To: gogeo
Not true. It is not so much a question of who spends it, but what it is spent on.
"Fiscal stimulus raises the market for business output, raising cash flow and profitability, spurring business optimism."
Keeping regulatory bureaucrats in their jobs does not add to the productivity of the nation, but in fact subtracts from it, since regulatory bureaucrats are a drag on the private sector.
186
posted on
09/10/2014 6:04:01 AM PDT
by
expat2
To: varyouga
Even the elite may become a thing of the past.. I'll wager the software to replace politicians would be relatively easy. For most, a See 'n Say would suffice.
187
posted on
09/10/2014 6:16:37 AM PDT
by
polymuser
( Enough is enough.)
To: KeyLargo
flying car Military drones are really practice flying cars. Currently their mission is to kill people but once they've mastered that they will be used to move people.
188
posted on
09/10/2014 8:55:28 AM PDT
by
Reeses
To: expat2
Keynes didn't speak to the regulatory effect of bureaucrats, nor does Keynesian theory. All that matters is that money is spent, people are employed, said people then spending the money they earned.
Rational people understand that Keynesian Theory is a recipe and wedge for big government...which is why FDR embraced it and why college faculties still teach it...and it makes a huge difference whether employment comes in the form of government or private employees.
Only rational people...which is why you have the Pelosis of the world praising the macroeconomic effect of unemployment checks.
Keynesian Theory rests on the premise that it doesn't matter.
189
posted on
09/10/2014 11:40:31 AM PDT
by
gogeo
(If you are Tea Party, the Republican Party does not want you.)
To: gogeo
Keynesian Theory rests on the premise that it doesn't matter. Please show me where Keynes said this. I know that is what the modern socialists believe, but you need to show me where Keynes clearly stated that point to win the argument.
190
posted on
09/10/2014 3:15:16 PM PDT
by
expat2
To: cynwoody
Doing nothing about it is the free market option. And, no, it will not be a disaster, except for those who are unfit or unwilling to adapt. A century ago, farmers were 31% of the labor force. Today, they're less than a percent. But the country as a whole is far richer. To use your reasoning: a century ago the United States had much smaller government, and today we have massively larger government, but the country as a whole is far richer.
To: Age of Reason
Government, above a certain small size, is a net drag on the economy.
If the US labor force were still distributed today the way it was a century ago, the US would still be poor. However, if the size of the government were still that of a century ago, the US would be much richer than it is now.
To: Age of Reason
Just look at the political mindset of Google, and what that company thinks your fate should be, what your life should be like. They and their ilk are re-engineering everything in our society and culture according to their ideals.
It's like some kind of cult of technology despotism.
https://www.youtube.com/watch?v=bp9KBrH8H04
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