As coarse as it may sound to those immersed in high-minded thought, the simple truth is that the United States doesn't have a poverty problem.
Maybe someday we can even put to bed once and for all minimum wage hikes too.
As coarse as it may sound to those immersed in high-minded thought, the simple truth is that the United States doesn't have a poverty problem.
Maybe someday we can even put to bed once and for all minimum wage hikes too.
The difference is we worked for it vs. having it handed to us - makes the ability to buy a car w/o a loan and eat at the occasional 'fine restaurant" sweeter somehow when we could have sat on our asses and then complained about how cheap the government (tax payers) is when it comes to satisfying our wants beyond our needs......
When approached wth “Would you like to give to the poor?” I always say ‘F the poor. Let their own governments help them.’ The rejoinder usually is “No, here in the US”. Me, walking away: ‘We have no poor.’
Good morning! Yesterday's trades brought surprise endings w/ stocks up a bit w/ slightly higher volume while gold and silver sagged a bit --now at $1,266.10 and $17.12. IOW, we may not be getting anywhere but at least it's at a measured pace! This morning's futures outlook sees more today w/ stocks +0.2% and metals -0.02%.
A half hour after opening bell: JOLTS - Job Openings and Wholesale Inventories.
fwiw:
Dissected The S&P 500, This Is What I Found - Rob Isbitts, MarketWatch
Looters Target Multinat'l Corporations - Richard Rahn, Washington Times
Gender Gap: Men/Women Plan Retirement Differently - Paul Katzeff,IBD
Life Is Unfair, Learn How to Deal With It - Karol Markowicz, New York Post
This is the casino indian model. Or, the Alaskan oil model.
How about guaranteed billionaire?
Like for instance, the folks in Zimbabwe ...
It also does not address a pressing US problem the profoundly mentally ill and retareded whose needs cost way more than a basic income, even if they are provided only three hots and a cot. Medicatins costs and caretaker costs, even if it is state mental health facilities, would be important.
This was part of the platform of McGovern’s campaign back in 1972—I know, I was part of the campaign, when I was 18, naïve, idealistic, and believing in the inherent goodness of humankind. 44 years later, I am less naïve, just as idealistic, and believe in the inherent sinfulness of humankind, which is why I am here rather than on DU. McGovern never outgrew his liberalism, but at least one of his supporters did.
with all due respect to those who have been forced into receiving welfare benefits,IMO, welfare benefits should only be to sustain a basic lifestyle. Not to enhance it.
All that would happen is that every year they’d whine that it wasn’t enough and needs to be raised.
In addition to supposedly eliminating vast government bureaucracies, the guaranteed minimum has one key advantage: Ignoring payroll taxes, the guaranteed minimum income would make the marginal tax rate for poor people 0 per cent, or at least very low. This is in contradistinction to current welfare policies which, by subtracting benefits as income rises, can make the marginal income tax for poor people as much as 50 per cent or greater.
Universal Basic Income falls apart when you attach numbers to it. It’s never enough money
guaranteed income is will be the result of guaranteed work
As per the old American founder thought...... he who doesn’t work, neither shall he eat