Posted on 06/29/2014 9:07:05 PM PDT by Decombobulator
and how does this plan work if 80% of the country decides not to work?
Is this a living wage?
The first thing that happens is half the country - none of them working- protest to raise the guaranteed minimum income because it is not a living wage.
Yes, but it that what they're striving for?
I mean: If that were their goal, too, then there would be no need to re-attach the umbilical cord, would there?
Regards,
The other 20% would have their pick of the best jobs.
People who do not work for their keep tend to not care about much in general, except keeping the money rolling in. I can also see the issue of those making just under that or just over that deciding it would make sense for them not to work. I am not an economist, but common sense tells me this is a terrible idea.
Can you imagine how much desperate employers would be willing to pay? Heck how many Americans would go north to sponge up some of that monopoly money?
Sure, the pyramid scheme would probably not last a generation.
I want a pony.
“..President Richard Nixon tried to introduce such a program for families in the 1960s. That effort was ultimately thwarted by Congress.”
Richard Nixon, communist? Who knew?
Sign me up...send me my $20k to Southern Baja, please.
BICN?
Add an H and they might have something...
But you get the $20,000 regardless of your income. So somebody making $20,000/yr now wouldn’t still have $20,000/yr after this is implemented, he’d get $40,000/yr.
I guess I’d pay that much for a Canuck. A new Buick’s about twice that.
I would say go for it but only for those who can prove that they put out 40 hours per week. At the end of every year congress can argue over what the minimum should be. Savings from eliminating gov’t departments could be split up among the masses.
That's true! Of course, 20% is also about how much of their paycheck they'd get to keep after taxes.
Time to drop flyers all over Mexico announcing this initiative.
” ..... how does this plan work if 80% of the country decides not to work?”
I don’t know but in say we tell all those illegals crossing our southern border about it.
I think the Canucks would be happy with just a six pack of beer and a hockey stick.
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