Posted on 09/09/2014 11:43:55 AM PDT by DannyTN
The politics of a guaranteed income get a lot easier when you acknowledge that the U.S. is no longer the land of opportunity
...
However, there are other trends that may be interacting with and exacerbating this original sin. Automation and globalization had already largely hollowed out America's manufacturing employment base; most jobs created during this "recovery" have been in crappy low-wage work. And when one takes automation to its obvious logical end, it's hard not to conclude that robots will soon be putting just about everyone out of a job.
... As someone with a nice, stimulating job, I agree that work can help people flourish. But in an economy that is flatly failing to produce enough jobs to satisfy the need, a universal basic income will start to seem more plausible — even necessary.
(Excerpt) Read more at theweek.com ...
(Seriously...do I even need a /sarc?)
Yes, the groundbreaking advances in solar power have been 10 years away for the past 35.
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.
You are part of the problem. Well meaning (I guess) but foolish.
Of course it is.
It is welfare by its very nature.
"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.
I'll wager the software to replace politicians would be relatively easy. For most, a See 'n Say would suffice.
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.
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.
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.
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.
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.
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.
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