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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

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 ...


TOPICS: Business/Economy; Government
KEYWORDS: communism; guaranteedincome; jobs; miltonfriedman; minimumwage; negativeincometax; obamarecession; obamataxhikes; ubi; universalbasicincome; welfare
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To: DannyTN

“Raise the import tariffs”

Baloney.

Remove the insipid laws and regulations that make manufacturing almost impossible in the USA: union laws/regs, EPA nonsense, OSHA garbage, ObamaCare, etc.

About 3/4 of that could be scrapped.


61 posted on 09/09/2014 12:25:17 PM PDT by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: Age of Reason

It will look like North Korea eventually, because sooner or later the dole won’t be enough to feed us.


62 posted on 09/09/2014 12:25:41 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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If you support this then you also must support the idea that all of your property will be turned over to the government upon your death in order to reimburse “it” for the guaranteed minimum income that you received. You CANNOT have one idea without the other. Anybody who tells you otherwise is a liar.


63 posted on 09/09/2014 12:25:51 PM PDT by TruthBeforeAll
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To: Age of Reason
"It will happen sooner than you realize, and it will eliminate almost all jobs."

I predict by the mid 20's 90% of the clerk/cash register jobs in the Western Countries will be automated.

In Europe there is already a human-less convenience store chain that dispenses hot food, snacks, petrol, drinks etc. Its catching on and spreading all over Europe.

64 posted on 09/09/2014 12:26:08 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: DoughtyOne

I’m not sold on the idea, but it is worth talking about.


65 posted on 09/09/2014 12:26:44 PM PDT by SoothingDave
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Comment #66 Removed by Moderator

To: DannyTN
The first time I personally heard someone warn from the podium that we were in danger of computers and robots taking over the labor market and destroying jobs was over fifty years ago. Somehow the technological revolution since then has been accompanied by unparalleled job growth.

This premise is juvenile and unworthy of serious consideration. The author is merely trying to sell us the age old free lunch at the expense of corporations. (*Yaawn*)

67 posted on 09/09/2014 12:27:03 PM PDT by hinckley buzzard
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To: Mad Dawgg

Good reason to end immigration


68 posted on 09/09/2014 12:27:03 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: DannyTN

Whew hew! Soviet stylin now baby


69 posted on 09/09/2014 12:27:36 PM PDT by servantboy777
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To: pfflier

>> Seriously, does anyone think a “guaranteed income” wouldn’t become a price index baseline replacing zero?

No problem, just build-in automatic increases to the guaranteed income to compensate for it. :-)


70 posted on 09/09/2014 12:28:13 PM PDT by Nervous Tick (Without GOD, men get what they deserve.)
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Comment #71 Removed by Moderator

To: Born to Conserve; SoothingDave
Your idea has a lot of merit as does SoothingDave's post #18.

Another would be to replace the cornucopia of government programs with commodity distribution warehouses. Occasionally, businesses or charities would be encouraged to donate their surpluses to these warehouses, but, for the most part, they would only supply bare-bones basic commodities such as corn meal, flour, cooking oil, day old bread, powdered milk and the like.

Distribute script or another form of electronic currency to allow the truly needy to shop in these places. Yeah, they might end up black marketing some of it to get a prepared meal at McDonalds or buy their next bong hit. So what?

It isn't perfect, but it is far better than the system we have in place. Nobody starves, but nobody games the system either.

72 posted on 09/09/2014 12:28:22 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: SoothingDave
Maybe some of them could devote their talents to useful work.

nonononononoNONONONONONO!

The most dangerous thing in the world is a bureaucratic type with time to think of something to do.

That's how we got into the mess we're in.

73 posted on 09/09/2014 12:28:27 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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Comment #74 Removed by Moderator

To: GeronL
universal welfare will not work

What are you talking about?

The government will nationalize the robot run factories and services, which will all but run themselves, from mining and transporting raw material to factory assembly and/or 3d printing, followed by land, sea, or air drone transport delivery. Services, too, will be supplied by artificial intelligence.

With government owning the production of all goods and services, government gives each of us ration coupons to use in exchange for what we need.

What money? What inflation?

75 posted on 09/09/2014 12:30:13 PM PDT by Age of Reason
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To: F15Eagle

It will temporarily “boost” construction, at the expense of other parts of the economy, because the money comes from somewhere even if it is by further eroding the value of the dollar.


76 posted on 09/09/2014 12:30:24 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: DannyTN
Industrial production of Soylent Green would provide for the employment and retirement of the Universal Basic Income class, provided they are paid with the Green rather than EuroDollars.
77 posted on 09/09/2014 12:30:43 PM PDT by Navy Patriot
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To: Age of Reason

It will become North Korea??


78 posted on 09/09/2014 12:30:53 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: SoothingDave

It all goes back to one basic principle.

If you want something to flourish, subsidize it.

If you don’t want something to flourish, don’t subsidize it.

Just end it. Let black America, and the whites that are gaming the system too, learn to work for their living just like everyone else.


79 posted on 09/09/2014 12:31:18 PM PDT by DoughtyOne (We'll know when he's really hit bottom. They'll start referring to him as White.)
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To: Age of Reason

After they are nationalized, then what? No more innovation and decay starts to set in. High inflation follows until the dole amount becomes poverty and there will no way to get any more money either.

What you described is Socialism


80 posted on 09/09/2014 12:33:26 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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