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Left2Tackle

(64 posts)
Fri Oct 4, 2013, 02:01 PM Oct 2013

Swiss to vote on $2,800 monthly income for all adults

Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.

A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs — about $2,800 — per month from the state, with the aim of providing a financial safety net for the population.


http://news.msn.com/world/swiss-to-vote-on-dollar2800-monthly-income-for-all-adults?stay=1

Good for them. It'll be interesting to see how this vote goes.
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Swiss to vote on $2,800 monthly income for all adults (Original Post) Left2Tackle Oct 2013 OP
Someone gets it! Too bad it isn't us. liberal_at_heart Oct 2013 #1
The Swiss, and most of Europe for that matter, has always "gotten" it..... TheDebbieDee Oct 2013 #132
That would, sadly, never fly here. nt awoke_in_2003 Oct 2013 #137
would love to retire there but they want immigrants with citizenship ideas to come with some $$ :) Sunlei Oct 2013 #138
Wow. The Swiss are doing it right. n/t Avalux Oct 2013 #2
Good for the Swiss steve2470 Oct 2013 #3
But it's over "pay inequality" so do you have to work? Is this basically a minimum wage? dkf Oct 2013 #4
Well...the summary says this: jeff47 Oct 2013 #15
Boy I'd retire. Or can I not use savings? dkf Oct 2013 #20
"Unconditional" jeff47 Oct 2013 #23
Do they give you $2800 and tax $1800? Lol. dkf Oct 2013 #34
We'll see. That would defeat the purpose though. Left2Tackle Oct 2013 #75
Completely meaningless without a cost-of-living comparison dickthegrouch Oct 2013 #57
Here's a start... Left2Tackle Oct 2013 #81
Are you saying there's no rich people LukeFL Oct 2013 #156
No, the links I gave were just showing the cost of living in Switzerland, Left2Tackle Oct 2013 #163
Well, the CEO to worker pay inequality in the states is something on the order of Ed Suspicious Oct 2013 #201
Wow a2liberal Oct 2013 #170
The OCED Purchasing Power Parity exchange rate for 2012 was $1=1.39 Swiss francs muriel_volestrangler Oct 2013 #100
This message was self-deleted by its author BlueMTexpat Oct 2013 #142
It would barely cover your essentials in Switzerland. JDPriestly Oct 2013 #106
Agreed. Switzerland is horrifically expensive. stevenleser Oct 2013 #133
Worse than Hawaii? Oh boy it is.... dkf Oct 2013 #147
A baby stroller cost US$1K!!!!!! LukeFL Oct 2013 #158
If the swiss hate the cost of living, they can try emigrating to the U.S! CTyankee Oct 2013 #181
I wouldnt. I still have things to do quakerboy Oct 2013 #118
Unconditional would imply those making six figures already would get it too seveneyes Oct 2013 #111
Political benefit. jeff47 Oct 2013 #124
That's really a good idea. Country doesn't have to hand out any basic aid like food stamps, housing Sunlei Oct 2013 #136
Why? quakerboy Oct 2013 #140
My thinking is that there would be more available to those more in need seveneyes Oct 2013 #154
Nope. quakerboy Oct 2013 #176
I don't know the Swiss system at all sharp_stick Oct 2013 #5
Minimum wage hikes demonstrate that giving more money to poor people jeff47 Oct 2013 #18
Is this a small increase sharp_stick Oct 2013 #31
Don't know the exact amounts off the top of my head. But the amounts were significant. jeff47 Oct 2013 #58
Dalton, Ga, back in '86-'87, McDonalds and Burger King were paying $8.00-$8.50/hr to compete with Ghost in the Machine Oct 2013 #168
Inflation usually starts bubbling when labor is near 100% and demand outstrips supply Hydra Oct 2013 #150
Good idea. I hope it spreads. n/t Cleita Oct 2013 #6
Even if the vote fails, I am envious that they have a government ZombieHorde Oct 2013 #7
exactly. Thank you. I get so tired of hearing we can't vote on that. We don't have enough votes. liberal_at_heart Oct 2013 #9
The promotors got enough votes for a ballot initiative, kind of the same way people get propositions PoliticAverse Oct 2013 #11
Two more detailed articles on the issue... PoliticAverse Oct 2013 #8
I read the whole article, and I wholeheartedly support this plan. StrictlyRockers Oct 2013 #16
Actually, I was in many discussions online and in real life about a guaranteed living wage from Luminous Animal Oct 2013 #97
Thank you for filling me in. StrictlyRockers Oct 2013 #135
Much more info in this article, thanks. Left2Tackle Oct 2013 #83
im confused bossy22 Oct 2013 #10
It's a check to everyone every month. So it's like a Social Security check to everyone regardless of PoliticAverse Oct 2013 #13
who is going to pay for this bossy22 Oct 2013 #17
Damn lazy kids!!! Get off my lawn!! (nt) jeff47 Oct 2013 #21
My husband is receiving disability(legally blind) and he is still trying to start his own business. liberal_at_heart Oct 2013 #22
Assuming that all people will stop working is obviously incorrect, assuming that many people might PoliticAverse Oct 2013 #26
not all people will srop working bossy22 Oct 2013 #27
So? DJ13 Oct 2013 #84
Heck I would stop working. In a second. dkf Oct 2013 #36
some people probably would. Hell we have people who chose not to work now. You will always have liberal_at_heart Oct 2013 #40
but you would inadvertantly shrink the work force bossy22 Oct 2013 #44
our workforce is already shrinking due to the new global economy. That is the new reality. liberal_at_heart Oct 2013 #53
no it isnt bossy22 Oct 2013 #61
Careful, you're asking too many good questions! 7962 Oct 2013 #82
just how many conservative democrats and republicans do we have posting on this thread? liberal_at_heart Oct 2013 #104
His/her questions should be valid regardless of where you stand politically 7962 Oct 2013 #126
Republicans period. Kingofalldems Oct 2013 #145
People may have a passion for what they are doing but free time is still more fun. dkf Oct 2013 #45
Because they still would vote (not that the current education system here is producing informed PoliticAverse Oct 2013 #55
We still need to educate people, even if they aren't working Hydra Oct 2013 #85
Some would Nimyth Oct 2013 #96
Upthread it barely covers essentials treestar Oct 2013 #161
That's a good question, I think how to pay for it is something they haven't completely specified. PoliticAverse Oct 2013 #24
thats what im saying bossy22 Oct 2013 #32
Why enter the work force at all? dkf Oct 2013 #43
for almost all college grads there wouldnt be bossy22 Oct 2013 #67
oh, bullshit. Many college grads either went to college because they want to either make more money liberal_at_heart Oct 2013 #70
or they could pursue their passion for partying all the time bossy22 Oct 2013 #76
I have a daughter in college. She is studying to be a veterinarian. I also have a son in high school liberal_at_heart Oct 2013 #79
there would be millions who wouldnt work bossy22 Oct 2013 #92
I'm done arguing with you about this. You can think whatever you want. I support it. liberal_at_heart Oct 2013 #99
Well if you get $2800 from the gov't and make $2200 gollygee Oct 2013 #121
because you'd have more money to spend on your 8 week vacations, a nicer place to live.... bettyellen Oct 2013 #164
But in Switzerland that is the equivalent of $15K/yr in most of the US. Or $22K/yr in NYC stevenleser Oct 2013 #200
Yeah, the lazy bums Duer 157099 Oct 2013 #25
true bossy22 Oct 2013 #28
Exactly. People that want to work will work; those that don't won't Duer 157099 Oct 2013 #33
and society could collapse bossy22 Oct 2013 #41
$25 an hour to pick up trash might do the trick leftstreet Oct 2013 #51
NYC already does this bossy22 Oct 2013 #54
Is NYC getting its trash picked up? leftstreet Oct 2013 #59
yes they fill jobs, but i dont think the service is any better bossy22 Oct 2013 #65
Yes, NYC is picking up its trash seveneyes Oct 2013 #114
What would happen is people would still work Betty88 Oct 2013 #195
Additional income LanternWaste Oct 2013 #62
there is probably a significant amount of people bossy22 Oct 2013 #63
"rich people don't do shit and society hasn't collapsed." good point. liberal_at_heart Oct 2013 #56
There's nothing wrong with pressure... Decaffeinated Oct 2013 #179
Well, in fact, this thread is about how, despite what you may believe, you just might Dark n Stormy Knight Oct 2013 #203
So, the support isn't causing the ones who do the things you describe Jamastiene Oct 2013 #78
I'm sure you are right! Those Swiss are known for their lazy goldurned ways! Never doing anything! CTyankee Oct 2013 #183
we can't have that. We have to force people to be tech engineers so our slave drivers have liberal_at_heart Oct 2013 #35
no bossy22 Oct 2013 #42
Or producing posts on DU! dkf Oct 2013 #47
There is a less archaic point of view than work as slaves or deserve to die. Dragonfli Oct 2013 #127
Well, put it this way. They are not spending trillions on the Military, which some sabrina 1 Oct 2013 #29
US spends about 4.4% of GDP on the military, Switzerland about 0.7%. PoliticAverse Oct 2013 #50
4.4 %? Wow. Think of what we could do if we weren't spending that much on military. liberal_at_heart Oct 2013 #60
If we cut counter-productive military expenditures by 2/3, we would have a trillion dollars Egalitarian Thug Oct 2013 #108
The next time there is a bank crisis and you know there will be, we should demand that we get sent liberal_at_heart Oct 2013 #110
it would cost roughly 6 trillion to do this in the u.s. bossy22 Oct 2013 #52
Where did you come up with figure? The whole country would not need it. sabrina 1 Oct 2013 #141
But the point of it is that it goes to every adult, unconditionally muriel_volestrangler Oct 2013 #151
Yes - their tax scale must have some bearing on this dipsydoodle Oct 2013 #175
Did you do the maths based on their pop. be c. 8 million dipsydoodle Oct 2013 #174
It's a "share" in the overall economy, sort of like the shares non-working wealthy people own. hunter Oct 2013 #37
+1 leftstreet Oct 2013 #48
They are not going to live very well - TBF Oct 2013 #64
That is the difference between us and other countries though. Many other countries have better liberal_at_heart Oct 2013 #66
I know - I am old. Grew up in the 70s and my dad was union. TBF Oct 2013 #152
Maybe people will work...but not traditional work kwolf68 Oct 2013 #68
exactly. liberal_at_heart Oct 2013 #72
Exactly. Jamastiene Oct 2013 #89
Yeah, people not having to rent themselves to some wealthy business owner... what a nightmare. Skeeter Barnes Oct 2013 #69
I look at it as something like the Alaska Permanent Fund. Left2Tackle Oct 2013 #90
one key difference bossy22 Oct 2013 #107
What I took away from the article was that this was to reduce income inequality. Left2Tackle Oct 2013 #134
I suspect the SWISS know. WinkyDink Oct 2013 #102
The money gets RECYCLED thoughout the economy.. everyone "wins" SoCalDem Oct 2013 #153
You hope it gets recycled through the economy, but some might choose to spend more time elsewhere muriel_volestrangler Oct 2013 #157
There are not enough jobs for everyone bread_and_roses Oct 2013 #184
Where will the money be funded from? LukeFL Oct 2013 #160
The Swiss take care of their own liberal N proud Oct 2013 #12
It will be very interesting to see what happens. hughee99 Oct 2013 #14
Message auto-removed Name removed Oct 2013 #19
could you imagine the careers you would be free to pursue if you have a guaranteed income? liberal_at_heart Oct 2013 #30
Message auto-removed Name removed Oct 2013 #39
priorities. It's amazing what you can do when you have the proper priorities. liberal_at_heart Oct 2013 #49
If this passes, they'll have PLENTY of them. No worries. 7962 Oct 2013 #87
Message auto-removed Name removed Oct 2013 #143
Switzerland isn't homogeneous. ForgoTheConsequence Oct 2013 #88
I've spent quite a bit of time in Switzerland. displacedtexan Oct 2013 #38
The system in Denmark is more akin to a very strong social welfare system than the PoliticAverse Oct 2013 #46
It's cheaper than prison. And the negative externalities like crime would likely drop like a stone Paulie Oct 2013 #71
it would make it extremely costly...to the tune of 6 trillion a year bossy22 Oct 2013 #77
You're acting like that money disappears down a hole or something Hydra Oct 2013 #93
Excellent response. Paulie Oct 2013 #122
Thank you! Hydra Oct 2013 #125
Why the fuck did I have to be born in America? Jamastiene Oct 2013 #73
I know, right? I heard someone on the radio the other day say they had hit the geographic jackpot liberal_at_heart Oct 2013 #74
I echo your sentiments! City Lights Oct 2013 #101
I wish every day I'd been born in another country. MrsKirkley Oct 2013 #202
Nice to know some countries care about its citizens. Paper Roses Oct 2013 #80
I remember in the 70s a bunch of us radical hippy types passing a doobie and going all "13th"... Spitfire of ATJ Oct 2013 #86
I wish there were more of you "radical hippy types passing a doobie" Jamastiene Oct 2013 #95
Yeah, we had a lot of wild ideas,....like doing away with money since it was the root of all evil. Spitfire of ATJ Oct 2013 #105
Actually, it's the Doc Holliday Oct 2013 #180
That was one thing about Star Trek was the future has no money. Spitfire of ATJ Oct 2013 #199
I hear some people on hear posting about a time when the state of CA paid college tuition. liberal_at_heart Oct 2013 #109
A degree is an example of buying your way into a job. Spitfire of ATJ Oct 2013 #112
true but it doesn't have to be. Gaining knowledge is never bad. It is what you do with that liberal_at_heart Oct 2013 #113
Actually, the bigger issue is degrees are being used to keep the poor OUT. Spitfire of ATJ Oct 2013 #115
We could definitely stand to incorporate different education models. liberal_at_heart Oct 2013 #116
There is a diference between a degree and getting certified.... Spitfire of ATJ Oct 2013 #149
As long as the internet stays free Hydra Oct 2013 #128
Richard Nixon advocated this. David__77 Oct 2013 #91
Amazing how far right and crazy we've gone as a nation Hydra Oct 2013 #98
I'd settle for the U.S. emulating Australia ProSense Oct 2013 #94
Exemplary. Now, Republicans, put that in your pipes and smoke it. JDPriestly Oct 2013 #103
I love the second initiative too. Live and Learn Oct 2013 #117
They really have it together. liberal_at_heart Oct 2013 #119
I have advocated both of these positions before Live and Learn Oct 2013 #129
Wonderful news, hadn't heard of it. There's a similar initiative EU-wide BelgianMadCow Oct 2013 #120
I would love this. Starry Messenger Oct 2013 #123
K & R SunSeeker Oct 2013 #130
Message auto-removed Name removed Oct 2013 #131
It sounds like a good idea, except... meaculpa2011 Oct 2013 #139
Right there's a question as to how much the other programs will be cut PoliticAverse Oct 2013 #169
How do they keep inflation from skyrocketing? davepc Oct 2013 #144
I wish the critics could make up their minds. lumberjack_jeff Oct 2013 #146
If you finance it from taxation it wouldn't really effect inflation. PoliticAverse Oct 2013 #167
This is how you tackle "personal responsibility" SoCalDem Oct 2013 #148
A blog on this, from last year: muriel_volestrangler Oct 2013 #155
"it replaces all inferior income support (unemployment benefit, pensions, family allowance, PoliticAverse Oct 2013 #166
I agree, we should do that here also! gopiscrap Oct 2013 #159
Could they gather up LiberalElite Oct 2013 #162
They might have to pay people a bit more to perform shitty jobs! killbotfactory Oct 2013 #165
Wow! $2800 a month, plus, the Govt Cheese is... GReedDiamond Oct 2013 #171
Your story is full of holes. silvershadow Oct 2013 #173
Didn't Nixon push for this? A guranteed annual income? AnotherMcIntosh Oct 2013 #172
Nixon proposed govt supplement for low wages Cicada Oct 2013 #178
He was a thoughtful guy? Excuse me, but I think that it was somebody else's thoughts. AnotherMcIntosh Oct 2013 #191
So did TR and Taft. It used to be a plank of the Progressive platform Recursion Oct 2013 #189
If only America could stop dragging its knuckles.. ah fuck it why bother. knr nt livingwagenow Oct 2013 #177
Pffft...never see that here durablend Oct 2013 #182
I don't know; it's on the order of current per capita transfers Recursion Oct 2013 #186
I'm a fan of the idea Recursion Oct 2013 #185
What's their military budget? yellowwoodII Oct 2013 #187
EDIT: math is hard Recursion Oct 2013 #188
Stockholm International Peace Research Institute says it's very low muriel_volestrangler Oct 2013 #193
Yep, you're right, I inverted that. Recursion Oct 2013 #194
Alaska Why Syzygy Oct 2013 #190
I'm 50/50 on this. Dash87 Oct 2013 #192
The Swiss approach to health care is similar to Obamacare Politicub Oct 2013 #196
Very few homeowners there PasadenaTrudy Oct 2013 #197
I guess it's like the 'guaranteed minimum income' War Horse Oct 2013 #198
 

TheDebbieDee

(11,119 posts)
132. The Swiss, and most of Europe for that matter, has always "gotten" it.....
Fri Oct 4, 2013, 04:46 PM
Oct 2013

In one of the northern European countries (Denmark, perhaps) last year, crime had fallen to such levels that they actually had to SHUTDOWN a few prisons!

steve2470

(37,457 posts)
3. Good for the Swiss
Fri Oct 4, 2013, 02:04 PM
Oct 2013

Maybe one day we can follow their example. Less misery for the poor = better life for everyone.

jeff47

(26,549 posts)
15. Well...the summary says this:
Fri Oct 4, 2013, 02:21 PM
Oct 2013
A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs — about $2,800 — per month from the state

And requiring work would make it "conditional" income instead of "unconditional"....

jeff47

(26,549 posts)
23. "Unconditional"
Fri Oct 4, 2013, 02:25 PM
Oct 2013

As for actually retiring, I have no idea what costs are in Switzerland. So I have no idea if that's the equivalent purchasing power of $100 or $1000. (Exchange rates don't really tell you purchasing power)

dickthegrouch

(3,174 posts)
57. Completely meaningless without a cost-of-living comparison
Fri Oct 4, 2013, 02:54 PM
Oct 2013

How long does it take someone on minimum wage to earn a pair of shoes, a loaf of bread, fill their car with gas, pay for their housing?
Those figures allow for a real apples-to-apples comparison.

Exchange rates, taxation, cost of living and pay scales are completely different all around the world. I hate meaningless so-called comparisons like this.

Left2Tackle

(64 posts)
81. Here's a start...
Fri Oct 4, 2013, 03:27 PM
Oct 2013

Money, while it cannot buy happiness, is an important means to achieving higher living standards. In Switzerland, the average household net-adjusted disposable income is 30 060 USD a year, more than the OECD average of 23 047 USD a year. But there is a considerable gap between the richest and poorest – the top 20% of the population earn nearly five times as much as the bottom 20%.


http://www.oecdbetterlifeindex.org/countries/switzerland/

http://www.swissworld.org/en/economy/wages_and_prosperity/

LukeFL

(594 posts)
156. Are you saying there's no rich people
Fri Oct 4, 2013, 07:27 PM
Oct 2013

There and that everyone is equal? Or the rich gap is wider than the US that they had to increase the unconditional salary of the lowest paying workers/ retirees or ppl living under government help!?

I don't get it. I have a fam member who lived in Spain. When she comes to visit she pretty is stunt at the amount of "stuff" we have here.

You know, TVs in every room of the house, grocery shopping is endless and "a lot" for her, shoes, I have many pairs ( I won't deny)

So, i don't get it. Age works in Spain's but goods there are so expressive to obtain.. A purse or shoe or watch is pretty much a dream..

Left2Tackle

(64 posts)
163. No, the links I gave were just showing the cost of living in Switzerland,
Fri Oct 4, 2013, 07:51 PM
Oct 2013

and what the average income there is. As a reference.

Ed Suspicious

(8,879 posts)
201. Well, the CEO to worker pay inequality in the states is something on the order of
Sat Oct 5, 2013, 10:46 PM
Oct 2013

365 to 1 so 5:1 seems pretty reasonable really. Much more close to equality that the US.

a2liberal

(1,524 posts)
170. Wow
Sat Oct 5, 2013, 12:07 AM
Oct 2013

So they have the top 20% earning 5 times as much as the bottom 20%, and are up in arms about income inequality. Here our top 25% make almost 6 times as much as the bottom 50% and we're supposed to be happy about it. (Sorry, I couldn't find top/bottom 20% numbers in a quick search, I'm sure they're much worse) http://www.kiplinger.com/article/taxes/T054-C000-S001-where-do-you-rank-as-a-taxpayer.html

Edit: found the numbers, the top 20% make 10 times as much as the bottom 20% here (that's income, not wealth, which is a much larger disparity) http://www.cbo.gov/publication/43373

Response to muriel_volestrangler (Reply #100)

JDPriestly

(57,936 posts)
106. It would barely cover your essentials in Switzerland.
Fri Oct 4, 2013, 03:57 PM
Oct 2013

I don't think anyone who could work will decide to retire on that.

 

stevenleser

(32,886 posts)
133. Agreed. Switzerland is horrifically expensive.
Fri Oct 4, 2013, 04:46 PM
Oct 2013

Prices for goods are considerably more than in Manhattan.

 

dkf

(37,305 posts)
147. Worse than Hawaii? Oh boy it is....
Fri Oct 4, 2013, 05:49 PM
Oct 2013

moments:


CHF 12,90 ($13.99) for a small container of ice cream? Quite the champagne price for vanilla, don't you think?
CHF 39,90 ($43.27) for 116 Pampers…oh, wait, this is the SALE PRICE (Originally CHF 59,90–$64.96)?
CHF 39,90 ($43.27) for laundry detergent?
CHF 3 ($3.25) for a dinner roll that’s in a basket on the table even though my entrée costs CHF 29 ($31.44)?
CHF 5,90 ($6.39) for a miniscule bag of nacho chips?
CHF 1,19 ($1.29) a minute to call customer service for the honor of giving them my business?
CHF 1600 ($1,735) for a baby stroller?
CHF 500 ($542) for a USED baby stroller?
CHF 159 ($172) for a nursing pillow?
CHF 35 ($38) for two foot-long Subway sandwiches (no chips or drinks), but a real deal considering: CHF 35 ($38) for a club sandwich (side of veggies costs more).

http://www.onebigyodel.com/2012/02/cost-of-living-in-zurich.html

LukeFL

(594 posts)
158. A baby stroller cost US$1K!!!!!!
Fri Oct 4, 2013, 07:30 PM
Oct 2013

I will ship the one my baby is no liber using to whoever you think needs one there!!

Gosh!!

CTyankee

(63,912 posts)
181. If the swiss hate the cost of living, they can try emigrating to the U.S!
Sat Oct 5, 2013, 06:59 AM
Oct 2013

I'm sure there will be a huge swell of Swiss immigrants to our shores DEMANDING their right to low costs/low incomes, "living the dream" in the USA!

quakerboy

(13,920 posts)
118. I wouldnt. I still have things to do
Fri Oct 4, 2013, 04:17 PM
Oct 2013

I could now do them. Ive always wanted to make something. Maybe really solid furniture, of the type you cannot now buy for anything remotely resembling a reasonable price.

And I could go back to hanging out with elders who dont really have family to care for them.

There are a number of other things I still want to do with my life. The things I have always wanted to do if I had money and didn't have to worry about making rent and groceries.

 

seveneyes

(4,631 posts)
111. Unconditional would imply those making six figures already would get it too
Fri Oct 4, 2013, 04:01 PM
Oct 2013

That makes no sense to me.

jeff47

(26,549 posts)
124. Political benefit.
Fri Oct 4, 2013, 04:30 PM
Oct 2013

A large part of why Social Security is popular because everyone gets it.

If you only give it to the poor, opponents of the program can demonize it as giving money to "those people".

Sunlei

(22,651 posts)
136. That's really a good idea. Country doesn't have to hand out any basic aid like food stamps, housing
Fri Oct 4, 2013, 04:54 PM
Oct 2013

In the long run that would save a country billions in administration costs alone.

quakerboy

(13,920 posts)
140. Why?
Fri Oct 4, 2013, 05:15 PM
Oct 2013

How many 6 figure types are there? Are they going to pose some sort of undue burden on the system?

 

seveneyes

(4,631 posts)
154. My thinking is that there would be more available to those more in need
Fri Oct 4, 2013, 07:24 PM
Oct 2013

If those that did not need it withheld from taking it.

quakerboy

(13,920 posts)
176. Nope.
Sat Oct 5, 2013, 06:01 AM
Oct 2013

Its the same amount, its a guaranteed income. Thats the point. Like Social Security, you get your amount regardless of what your other retirement income is. Its not a program for the poor, its a program for everyone

Or, another direction, Once you start putting qualifications, and then you will just keep adding them. Only if you make under 6 figures. Only if you make under 2800/month. Only if you have kids. Only if... fill in the blank.

Or, you can look to the numbers. If its 1 in 100 who is making 6 figures, who you want to disqualify and redistribute out to the others(though, its not a pot portioned out, its a set number, so you would have to completely rework that), then thats 2800/100= 28. if its 1 in 1000, then its only 2.8. I dont know what the breakdown is over there, but given that average income is reportedly 30,000 ish, its not likely there are enough to make a difference in the program. The way these things usually seem to work, it would probably end up costing as much to means test everyone every few months, verify all the income, create all the paperwork, as it would to just make it universal.

sharp_stick

(14,400 posts)
5. I don't know the Swiss system at all
Fri Oct 4, 2013, 02:08 PM
Oct 2013

How do they control inflation doing something like this? Do they have price controls on everything, just the basics?

jeff47

(26,549 posts)
18. Minimum wage hikes demonstrate that giving more money to poor people
Fri Oct 4, 2013, 02:22 PM
Oct 2013

doesn't necessarily cause inflation.

There was no appreciable inflation in the US states that raised their minimum wage compared to states that did not.

sharp_stick

(14,400 posts)
31. Is this a small increase
Fri Oct 4, 2013, 02:31 PM
Oct 2013

as most minimum wage hikes are or would this be a major jump?

Minimum wage hikes and the wage in general in this country is so paltry that even after they occur the people getting it are so far below the poverty line that I'm not surprised inflation doesn't move.

I should look into this more first, I might just be spouting pointless questions.

jeff47

(26,549 posts)
58. Don't know the exact amounts off the top of my head. But the amounts were significant.
Fri Oct 4, 2013, 02:56 PM
Oct 2013

$7/hr when the national is $5.15, for example. Plenty to cause measurable inflation, if it was going to.

Ghost in the Machine

(14,912 posts)
168. Dalton, Ga, back in '86-'87, McDonalds and Burger King were paying $8.00-$8.50/hr to compete with
Fri Oct 4, 2013, 08:43 PM
Oct 2013

all of the carpet and textile mills. Dalton was really booming then..."The Carpet Capital of the U.S." *EVERYWHERE* was having to pay the high wages to even keep workers on, and people were living good.

Peace,

Ghost

Hydra

(14,459 posts)
150. Inflation usually starts bubbling when labor is near 100% and demand outstrips supply
Fri Oct 4, 2013, 07:04 PM
Oct 2013

That's why we haven't even had a hint of that in the US. Labor utilization is probably 70% at most, while demand is sluggish since people want things but either can't afford it or are hesitant to spend right now.

That's normal inflation though- food and fuel inflation have been crazy for years and will stay that way because they are necessities.

If we did something similar to the swiss idea, everything would start moving immediately, but wouldn't set off any major (normal) inflation because we have a glut of services and products. I can't speak for the unnatual inflation stuff, because that's not related to how much money is in the economy.

liberal_at_heart

(12,081 posts)
9. exactly. Thank you. I get so tired of hearing we can't vote on that. We don't have enough votes.
Fri Oct 4, 2013, 02:12 PM
Oct 2013

Who cares if there aren't enough votes? It still needs to be part of the conversation, part of the fight. Did Martin Luther King Jr. say we can't fight for civil rights because there aren't enough votes for it? Hell no. He and many others fought for it until the support for it was there. We need to be fighting for things like fully funded SS, Medicare, education, living wages, single payer health care. I don't care if the votes are there or not. We still need to be fighting for these things.

PoliticAverse

(26,366 posts)
11. The promotors got enough votes for a ballot initiative, kind of the same way people get propositions
Fri Oct 4, 2013, 02:13 PM
Oct 2013

on the ballot in California.

StrictlyRockers

(3,855 posts)
16. I read the whole article, and I wholeheartedly support this plan.
Fri Oct 4, 2013, 02:21 PM
Oct 2013

This is an idea for our times. This is what Occupy Wall Street wanted without being able to articulate it well. This is something our country could easily afford. Our neanderthal opposition party would stand in the way, but the way I see it, it's still only a matter of time before we implement this here. Will it take ten years? Twenty? One hundred? It will happen.

Luminous Animal

(27,310 posts)
97. Actually, I was in many discussions online and in real life about a guaranteed living wage from
Fri Oct 4, 2013, 03:46 PM
Oct 2013

cradle to grave. Quite a bit of community organizing and educating resulted including a call to action and "Occupy Midsummer: Global Festivals for the Universal Living Wage "

http://occupywallst.org/article/occupy-midsummer-global-festivals-universal-living/

http://www.dailykos.com/story/2012/05/08/1089852/-Occupy-Wall-Street-Calls-for-Universal-Living-Wage-Proclaims-New-Holiday

Forbes, Fox, Glenn Beck and The Wall Street Journal found the idea ludicrous, of course.

StrictlyRockers

(3,855 posts)
135. Thank you for filling me in.
Fri Oct 4, 2013, 04:51 PM
Oct 2013

I remember hearing about it a little bit, maybe once only. But, perhaps I wasn't paying close enough attention to this movement. I very much supported them. I remember hearing more about student loan forgiveness. I also think this is a great idea.

PoliticAverse

(26,366 posts)
13. It's a check to everyone every month. So it's like a Social Security check to everyone regardless of
Fri Oct 4, 2013, 02:15 PM
Oct 2013

age or income or employment. (Edit: On further research apparently children will receive 1/4 of the full amount).

"The popular initiative for an unconditional basic income (UBI) calls for everyone to receive a sum of 2,500 Swiss francs a month from the cradle to the grave with no conditions attached."

http://www.revue.ch/politik-05-de3

bossy22

(3,547 posts)
17. who is going to pay for this
Fri Oct 4, 2013, 02:21 PM
Oct 2013

I see many issues with this. I have no problem with financial assitance for unemployed people or the poor but an unconditional 2500 a month is going to have some negative effects. I can see a significant number of young people not working and living off this amount.

liberal_at_heart

(12,081 posts)
22. My husband is receiving disability(legally blind) and he is still trying to start his own business.
Fri Oct 4, 2013, 02:25 PM
Oct 2013

This means giving up his disability, but that's okay with him. He wants to work. Assuming that people will stop working because they have a guaranteed income is incorrect.

PoliticAverse

(26,366 posts)
26. Assuming that all people will stop working is obviously incorrect, assuming that many people might
Fri Oct 4, 2013, 02:27 PM
Oct 2013

could turn out to be true. Best wishes to you and your husband.

bossy22

(3,547 posts)
27. not all people will srop working
Fri Oct 4, 2013, 02:28 PM
Oct 2013

But you have to assume some will. Especially those younger individuals who might have very few expenses. I'm talking about those in their late teens early 20s

DJ13

(23,671 posts)
84. So?
Fri Oct 4, 2013, 03:30 PM
Oct 2013

Any number that drops out of the labor pool reduces unemployment, which then increases competition for the remaining workers, which will lead to improved wages.

Wheres the downside?

liberal_at_heart

(12,081 posts)
40. some people probably would. Hell we have people who chose not to work now. You will always have
Fri Oct 4, 2013, 02:41 PM
Oct 2013

some who will either chose not to work or cannot work no matter system you have. And maybe our attitude towards those who chose not to work or cannot work needs to change. Maybe our attitude that every person should work is an unrealistic expectation. Because like I said you will have those who won't work no matter what system you have. But there will also be plenty of people who want to work either for more money or because they have a passion for what they are doing.

bossy22

(3,547 posts)
44. but you would inadvertantly shrink the work force
Fri Oct 4, 2013, 02:45 PM
Oct 2013

Causing the remaining workers to support a larger amount of the population. This would then cause even less incentive to work. It would have a snowball effect

liberal_at_heart

(12,081 posts)
104. just how many conservative democrats and republicans do we have posting on this thread?
Fri Oct 4, 2013, 03:55 PM
Oct 2013

FDR democrats and liberal independents will fight to return this country to the people whether other people like it or not.

 

7962

(11,841 posts)
126. His/her questions should be valid regardless of where you stand politically
Fri Oct 4, 2013, 04:35 PM
Oct 2013

The things bossy and others asked have merit. But merely asking them here gets you labeled.
If you think paying people without requiring them to EVER do ANYTHING is wonderful, then YOU play right into the GOP's hands.

 

dkf

(37,305 posts)
45. People may have a passion for what they are doing but free time is still more fun.
Fri Oct 4, 2013, 02:45 PM
Oct 2013

I wonder what % of the population would work if it were a choice. And is there a point to educating everyone if they don't intend to work?

PoliticAverse

(26,366 posts)
55. Because they still would vote (not that the current education system here is producing informed
Fri Oct 4, 2013, 02:53 PM
Oct 2013

voters).

Hydra

(14,459 posts)
85. We still need to educate people, even if they aren't working
Fri Oct 4, 2013, 03:32 PM
Oct 2013

I'd be one of the first non-workers if we had this, but I'd also volunteer, go to school or independent study, possibly teach a bit and work on open source projects.

The education would be critical because people would need to be aware of the things the system needed to continue in that way- like people who don't vote for Republicans or people who respect fact based science.

Nimyth

(34 posts)
96. Some would
Fri Oct 4, 2013, 03:42 PM
Oct 2013

because they hate their jobs - in US workers have very few rights and little or no work flexibility, but most of those people will NOT stay idle, they will take their experience and skills and start business's, co-ops, volunteer for a cause that is important to them etc.. etc.. most will find something to do and most of those somethings they do will create revenue and generate new job opportunities.

treestar

(82,383 posts)
161. Upthread it barely covers essentials
Fri Oct 4, 2013, 07:43 PM
Oct 2013

so the point is so that no one falls down so far they are in complete discomfort.

Most people would work so they could have more.

This is one of those memes of Republicans that is wrong. Having a bottom like that would just preserve people from want. They could build on that.

PoliticAverse

(26,366 posts)
24. That's a good question, I think how to pay for it is something they haven't completely specified.
Fri Oct 4, 2013, 02:25 PM
Oct 2013

2,500 SF a month is about $2,761.82 US ($33,141.84/year). I think that would provide a great
deal of disincentive to work. I doubt this initiative will pass because of the many uncertainties involved.

bossy22

(3,547 posts)
32. thats what im saying
Fri Oct 4, 2013, 02:32 PM
Oct 2013

If ur take home pay is that much your salary would be around 45,000. That's a decent wage...especially among younger individuals who have few expenses. I know if I was making that much I wouldn't have worked straight out of college. I would have taken a few years to enjoy myself before entering the work force

 

dkf

(37,305 posts)
43. Why enter the work force at all?
Fri Oct 4, 2013, 02:42 PM
Oct 2013

Starting off I didn't get nearly that much. It took over 10 years to get there. So is it that you do not get a pay raise til you hit $45000 and exceed that floor? You really would be working for no reason.

liberal_at_heart

(12,081 posts)
70. oh, bullshit. Many college grads either went to college because they want to either make more money
Fri Oct 4, 2013, 03:10 PM
Oct 2013

or because they want a career that makes a difference in this world. Many of our college grads are forced to take any job they can because their debt is too high and wages are too low. If they had a guaranteed income they could pursue that career they are passionate about but would otherwise not pursue because of their debt and low wages. Maybe we would have a resurgence of liberal arts majors. I think that would be great for our country. Many people don't pursue liberal arts because it does not pay enough and because college costs are too high. A Renaissance of thought, of intellectualism, of philosophy, of music, of art. It would be beautiful.

bossy22

(3,547 posts)
76. or they could pursue their passion for partying all the time
Fri Oct 4, 2013, 03:18 PM
Oct 2013

You haven't been to college recently have you? You have an unrealistically utopian view of human nature. Yes, there will be those who follow the route you speak of, but there will also be those who follow the route I speak of. Most college students know they won't be making making 6 figures when they get out and would be extremely happy pulling in a take home pay of 2800 a month. Many of them live at home with little or no expenses and even with loans they would still have a sizable amount of disposable income.

liberal_at_heart

(12,081 posts)
79. I have a daughter in college. She is studying to be a veterinarian. I also have a son in high school
Fri Oct 4, 2013, 03:25 PM
Oct 2013

who wants to own his own ice cream store. They are following their passions. If I didn't have debilitating anxiety I would follow my dream to become a biologist. My husband is pursuing his dream of owning his own business. Yes, there would be people who would chose not to work. There are hundreds of millions who would chose to work.

bossy22

(3,547 posts)
92. there would be millions who wouldnt work
Fri Oct 4, 2013, 03:40 PM
Oct 2013

You would be giving people the equivelent to the national household income for no work. There would be a lot of people who didn't work.

gollygee

(22,336 posts)
121. Well if you get $2800 from the gov't and make $2200
Fri Oct 4, 2013, 04:23 PM
Oct 2013

You have $4000, which is better than $2800. That's a reason to work.

 

bettyellen

(47,209 posts)
164. because you'd have more money to spend on your 8 week vacations, a nicer place to live....
Fri Oct 4, 2013, 08:10 PM
Oct 2013

And lots off people enjoy their careers, and we'd all be better off if those who showed up for work resentfully just stayed home.

 

stevenleser

(32,886 posts)
200. But in Switzerland that is the equivalent of $15K/yr in most of the US. Or $22K/yr in NYC
Sat Oct 5, 2013, 10:24 PM
Oct 2013

That is not a disincentive to work. It's barely scraping by. Check out dkf's reply to me above where she asks if it is more expensive than Hawaii... and comes to the conclusion yes it is. Look at the prices she notes there.

At that income level in Switzerland, you can pay rent in the poorest neighborhood, and pay utilities and buy cheap food from the supermarket if you are really careful. That's it.

bossy22

(3,547 posts)
28. true
Fri Oct 4, 2013, 02:29 PM
Oct 2013

Or they could sit around getting drunk and high and play video games all day. It happens now even without such support

Duer 157099

(17,742 posts)
33. Exactly. People that want to work will work; those that don't won't
Fri Oct 4, 2013, 02:33 PM
Oct 2013

A happier society for all. Some might sit around getting high all day because they feel pressure. What if that pressure were removed and they discover some creative force within them? Civilized societies want this sort of thing to happen, imho. At least my version of civilized society.

bossy22

(3,547 posts)
41. and society could collapse
Fri Oct 4, 2013, 02:41 PM
Oct 2013

Do you ever watch dirty jobs with mike Rowe? Look at how many disgusting terrible jobs that someone has to do in order for our modern life to function. Someone has to pick up the trash, someone has the clean sewers, somebody has to enforce the law.

This is the reality we live in. Yes, civilized societies want what you say, but they can't happen unless some people do the above things.

leftstreet

(36,108 posts)
51. $25 an hour to pick up trash might do the trick
Fri Oct 4, 2013, 02:50 PM
Oct 2013


Rich people don't do shit, and society hasn't collapsed

bossy22

(3,547 posts)
54. NYC already does this
Fri Oct 4, 2013, 02:53 PM
Oct 2013

Any way that amount comes out to about the same amount you would get paid under this swiss plan. So why would you pick up trash?

leftstreet

(36,108 posts)
59. Is NYC getting its trash picked up?
Fri Oct 4, 2013, 02:56 PM
Oct 2013

Has the city found a correlation with good wages and filling jobs?

bossy22

(3,547 posts)
65. yes they fill jobs, but i dont think the service is any better
Fri Oct 4, 2013, 03:01 PM
Oct 2013

In fact I find that the garbage service where I live is a lot better...and they aren't paid nearlyvas much as NYC

 

seveneyes

(4,631 posts)
114. Yes, NYC is picking up its trash
Fri Oct 4, 2013, 04:09 PM
Oct 2013

I think we don't know the outcome in NYC if suddenly everyone got 2800.00 bucks for not working every month. I certainly don't know what would happen.

Betty88

(717 posts)
195. What would happen is people would still work
Sat Oct 5, 2013, 10:53 AM
Oct 2013

You would not be able to sit around and get high and play games all day. Do you have any idea what pot costs in this place? and BTW video games are like 50-60 bucks a pop. Put on top of that the monitor, gaming system, nice chair to sit in all day. We haven't even put in the cost of munchies.

 

LanternWaste

(37,748 posts)
62. Additional income
Fri Oct 4, 2013, 02:57 PM
Oct 2013

Additional income

That's why I would do it. But I don't pretend to speak for, or have insight into the lives, incentives and desires of others, or why or why not anyone else does or does not a thing-- even if from a different culture. That pretense is much better illustrated by those who imagine they are clever...

bossy22

(3,547 posts)
63. there is probably a significant amount of people
Fri Oct 4, 2013, 02:59 PM
Oct 2013

Who feel their loss of free time is not worth the extra income

 

Decaffeinated

(556 posts)
179. There's nothing wrong with pressure...
Sat Oct 5, 2013, 06:38 AM
Oct 2013

There should be an incentive to do something.

Getting paid to sit on your ass, doing drugs and fucking off is not something to be encouraged...

Jamastiene

(38,187 posts)
78. So, the support isn't causing the ones who do the things you describe
Fri Oct 4, 2013, 03:24 PM
Oct 2013

to do what they do. Why blame the support?

CTyankee

(63,912 posts)
183. I'm sure you are right! Those Swiss are known for their lazy goldurned ways! Never doing anything!
Sat Oct 5, 2013, 07:10 AM
Oct 2013

Once they find out about how good we have it in the US of A they'll be here in boatloads! I'll bet they are fighting to get to our Embassy/consulates there to get immigration information! Er, if those offices are even operating normally since our government can't seem to er, govern...oh, never mind...


Dragonfli

(10,622 posts)
127. There is a less archaic point of view than work as slaves or deserve to die.
Fri Oct 4, 2013, 04:36 PM
Oct 2013
Suppose, for a moment, we challenge the Calvinistic mind-set. Let us regard wage-work—as most people do, in fact, regard it—as a curse, a drag, a nuisance, a barrier that stands between us and what we really want to do. In that case, your job is the disease, and unemployment is the cure.

"But without working for wages we'll all starve to death!?! Won't we?"
Not at all. Many farseeing social thinkers have suggested intelligent and plausible plans for adapting to a society of rising unemployment. Here are some examples.

1. The National Dividend. This was invented by engineer C. H. Douglas and has been revived with some modifications by poet Ezra Pound and designer Buck-minster Fuller. The basic idea (although Douglas, Pound, and Fuller differ on details) is that every citizen should be declared a shareholder in the nation, and should receive dividends on the Gross National Product for the year. Estimates differ as to how much this would be for each citizen, but at the current level of the GNP it is conservative to say that a share would be worth several times as much, per year, as a welfare recipient receives—at least five times more.
Critics complain that this would be inflationary. Supporters of the National Dividend reply that it would only be inflationary if the dividends distributed were more than the GNP; and they are proposing only to issue dividends equal to the GNP.

2. The Guaranteed Annual Income. This has been urged by economist Robert Theobald and others. The government would simply establish an income level above the poverty line and guarantee that no citizen would receive less; if your wages fall below that level, or you have no wages, the government makes up the difference.
This plan would definitely cost the government less than the present welfare system, with all its bureaucratic red tape and redundancy: a point worth considering for those conservatives who are always complaining about the high cost of welfare. It would also spare the recipients the humiliation, degradation, and dehumanization built into the present welfare system: a point for liberals to consider. A system that is less expensive than welfare and also less debasing to the poor, it seems to me, should not be objectionable to anybody but hardcore sadists.

3. The Negative Income Tax. Even this Milton Friedman idea makes a case, a less radical variation on the above ideas. The Negative Income Tax would establish a minimum income for every citizen; anyone whose income fell below that level would receive the amount necessary to bring them up to that standard. Friedman, who is sometimes called a conservative but prefers to title himself a libertarian, points out that this would cost "the government" (i.e., the taxpayers) less than the present welfare system, like Theobald's Guaranteed Annual Income. It would also dispense with the last tinge of humiliation associated with government "charity," since when you cashed a check from IRS nobody (not even your banker) would know if it was supplementary income due to poverty or a refund due to over-payment of last year's taxes.

4- The RICH Economy. This was devised by inventor L. Wayne Benner (coauthor with Timothy Leary of Terra II) in collaboration with the present author. It's a four-stage program to retool society for the cybernetic and space-age future we are rapidly entering. RICH means Rising Income through Cybernetic Homeostasis.

Stage I is to recognize that cybernation and massive unemployment are inevitable and to encourage them. This can be done by offering a $100,000 reward to any worker who can design a machine that will replace him or her, and all others doing the same work. In other words, instead of being dragged into the cybernetic age kicking and screaming, we should charge ahead bravely, regarding the Toilless Society as the Utopian goal humanity has always sought.

Stage II is to establish either the Negative Income Tax or the Guaranteed Annual In-come, so that the massive unemployment caused by Stage I will not throw hordes of people into the degradation of the present welfare system.

Stage III is to gradually, experimentally, raise the Guaranteed Annual Income to the level of the National Dividend suggested by Douglas, Bucky Fuller, and Ezra Pound, which would give every citizen the approximate living standard of the comfortable middle class. The reason for doing this gradually is to pacify those conservative economists who claim that the National Dividend is "inflationary" or would practically wreck the banking business by lowering the interest rate to near-zero. It is our claim that this would not happen as long as the total dividends distributed to the populace equaled the Gross National Product. But since this is a revolutionary and controversial idea, it would be prudent, we allow, to approach it in slow steps, raising the minimum income perhaps 5 per cent per year for the first ten years. And, after the massive cybernation caused by Stage I has produced a glut of consumer goods, experimentally raise it further and faster toward the level of a true National Dividend.

Stage IV is a massive investment in adult education, for two reasons. (1) People can spend only so much time fucking, smoking dope, and watching TV; after a while they get bored. This is the main psychological objection to the workless society, and the answer to it is to educate people for functions more cerebral than fucking, smoking dope, watching TV, or the idiot jobs most are currently toiling at. (2) There are vast challenges and opportunities confronting us in the next three or four decades, of which the most notable are those high-lighted in Tim Leary's SMI2LE slogan-Space Migration, Intelligence Increase, Life Extension. Humanity is about to enter an entirely new evolutionary relationship to space, time, and consciousness. We will no longer be limited to one planet, to a brief, less-than-a-century lifespan, and to the stereotyped and robotic mental processes by which most people currently govern their lives. Everybody deserves the chance, if they want it, to participate in the evolutionary leap to what Leary calls "more space, more time, and more intelligence to
enjoy space and time."

What I am proposing, in brief, is that the Work Ethic (find a Master to employ you for wages, or live in squalid poverty) is obsolete. A Work Aesthetic will have to arise to replace this old Stone Age syndrome of the slave, the peasant, the serf, the prole, the wage-worker—the human labor-machine who is not fully a person but, as Marx said, "a tool, an automaton." Delivered from the role of things and robots, people will learn to become fully developed persons, in the sense of the Human Potential movement. They will not seek work out of economic necessity, but out of psychological necessity—as an outlet for their creative potential.

("Creative potential" is not a panchreston. It refers to the inborn drive to play, to tinker, to explore, and to experiment, shown by every child before his or her mental processes are stunted by authoritarian education and operant-conditioned wage-robotry.)
As Bucky Fuller says, the first thought of people, once they are delivered from wage-slavery, will be, "What was it that I was so interested in as a youth, before I was told I had to earn a living?" The answer to that question, coming from millions and then billions of persons liberated from mechanical toil, will make the Renaissance look like a high school science fair or a Greenwich Village art show.


The above is just a portion of a larger argument put forth by Robert Anton Wilson which can be found as the reprinted article, "the Rich Economy" found in
"The Illuminati Papers" (1997) from Ronin Publishing.

PDF

sabrina 1

(62,325 posts)
29. Well, put it this way. They are not spending trillions on the Military, which some
Fri Oct 4, 2013, 02:30 PM
Oct 2013

people wonder about here: 'How does this work, where do they get all that money to start all these wars', wouldn't that have some negative effects'?

Instead, they are proposing putting money back into the economy because poor people SPEND their money rather than hoard it and stash it away in offshore accounts, taking it OUT of the economy.

So imagine if we did something like this. Crime would probably go down for one thing. All that 'war money' wouldn't be going to giant Defense Contractors with the work being outsourced in many cases. It would be recirculating in this economy.

It is the reason I support INCREASING SS Benefits which would be a Stimulus Package which wouldn't be coming from the Fed Govt Funds.

It's strange that people here don't see the total failure for millions of Americans of the system WE live under.

I would much prefer WE emulated THEM than the other way around.

Not to mention the morality involved. I know, that is a word used only by the 'weak' here in the US. Strength here equals kicking people when they are down and shooting anything that gets in our way and paying in the trillions to do so and to make sure all that money emanating from our Government, goes to just a small % of the population.

 

Egalitarian Thug

(12,448 posts)
108. If we cut counter-productive military expenditures by 2/3, we would have a trillion dollars
Fri Oct 4, 2013, 03:58 PM
Oct 2013

to put into our economy. That's about $8,500 per household, spread it among the lower 80% and it becomes $10,500 a year.

Want to jump-start the Main Street economy? Here's a good start.

liberal_at_heart

(12,081 posts)
110. The next time there is a bank crisis and you know there will be, we should demand that we get sent
Fri Oct 4, 2013, 04:00 PM
Oct 2013

the checks directly. Let the banks fail, and send the money they would have sent the banks directly to the people.

sabrina 1

(62,325 posts)
141. Where did you come up with figure? The whole country would not need it.
Fri Oct 4, 2013, 05:18 PM
Oct 2013

And many of those who would, would not need it forever. It wouldn't cost anywhere near that and the more jobs we created here the fewer would need it.

muriel_volestrangler

(101,316 posts)
151. But the point of it is that it goes to every adult, unconditionally
Fri Oct 4, 2013, 07:15 PM
Oct 2013

You don't worry about who need it, you just give it to every resident (one of the articles linked from this thread does specify its 'resident', not 'citizen'). You adjust the 'fairness' with how you finance it, I presume (eg tax all income above that fairly heavily).

dipsydoodle

(42,239 posts)
175. Yes - their tax scale must have some bearing on this
Sat Oct 5, 2013, 05:26 AM
Oct 2013

Last edited Sat Oct 5, 2013, 09:44 AM - Edit history (1)

and I'm guessing that to cover it the top marginal rate would become similar to what ours was back in the '70s i.e. c. 90%.

I could see it working IF they've got an equivalent of our monthly PAYE - give with the left hand and take with the right.

I saw your point elsewhere re. where recipients money would actually be spent and yes it doesn't follow it would be spent in Switzerland. If its like the UK, never mind holidays abroad or breezing over the border on shopping trips to France, Italy or Germany, some would go straight out to eastern Europe and Asia as bank transfers.

edit to add : no their tax is paid annually. Be interesting to know where the starting is if this goes ahead.

hunter

(38,312 posts)
37. It's a "share" in the overall economy, sort of like the shares non-working wealthy people own.
Fri Oct 4, 2013, 02:38 PM
Oct 2013

This is probably the only way we'll keep things running as more and more things become automated.

Welcome to the 21st century.

TBF

(32,060 posts)
64. They are not going to live very well -
Fri Oct 4, 2013, 03:00 PM
Oct 2013

and when the alternative is Walmart for minimum wage (and you still have to get food stamps because that doesn't get you to the poverty level) - I wouldn't blame them at all for not working.

liberal_at_heart

(12,081 posts)
66. That is the difference between us and other countries though. Many other countries have better
Fri Oct 4, 2013, 03:03 PM
Oct 2013

wages, strong unions, single payer health care. Believe it or not there are countries where corporations don't own the government like they do here.

TBF

(32,060 posts)
152. I know - I am old. Grew up in the 70s and my dad was union.
Fri Oct 4, 2013, 07:18 PM
Oct 2013

Back in those days we actually had manufacturing jobs in the midwest (I grew up in Wisconsin). Folks could graduate from high school, maybe do a stint in the military & then many came home and took factory jobs. Everyone owned their own homes, cars, and did a vacation occasionally or went camping. It wasn't a bad way to grow up. At least you had a chance at a job with "piece work" and could support your family.

kwolf68

(7,365 posts)
68. Maybe people will work...but not traditional work
Fri Oct 4, 2013, 03:06 PM
Oct 2013

The thing about this plan that interests me is it allows competition FOR labor.

Many of us work certain jobs because 'we have to'. This now allows people more options when choosing where to work.

If I was given money and didn't have to "work" for it I wouldn't sit around, I'd get involved with philanthropy. Building houses for the poor, transporting an elderly person to the doctor or would partake in my love of the environment and animals. I could partake in more uplifting modes of employment because I wouldn't need as much because of the subsidy.

Our quest to obtain that 3rd BMW, to provide for our kids or to have a comfortable living actually enslaves many of us from doing what we really would rather be doing. Sure, there are some people who are doing exactly what they want to do and make a good living doing it, but those people are the anomaly.

This opens up the possibility for cultural, spiritual, emotional growth...less stress, happier people and possibly a greater world. Utopia perhaps, but I am not a fan of unbridled pirate capitalism either. No matter how wonderful one waxes eloquent about it, that economic system debases humanity and at its base levels is perverse (which is why government regulation is needed for the system to actually function at all).


Jamastiene

(38,187 posts)
89. Exactly.
Fri Oct 4, 2013, 03:36 PM
Oct 2013

Imagine a world where "work" can be an activity people choose to do on their own to help the community. And there are a lot of people in this world who, if they could do some of the things you describe, would do it if only they had the time and money. That unconditional money going to each citizen would provide for the most imaginative programs to start. It would be very interesting, to me, to see that economy/community dynamic.

Left2Tackle

(64 posts)
90. I look at it as something like the Alaska Permanent Fund.
Fri Oct 4, 2013, 03:36 PM
Oct 2013

Where residents get a share of the wealth produced by the oil industry. Although here we are talking about all production across an economy.

bossy22

(3,547 posts)
107. one key difference
Fri Oct 4, 2013, 03:57 PM
Oct 2013

An economy doesn't have "equity" in the business sense. Every dollar an economy makes is dispersed to atleast someone that participates in the economy. For this swiss thing to work the economy would have to produce 30,000 more francs per capita than it is currently. Unless the swiss economy can grow 50% in one year this is a realistic financial impossibility

Left2Tackle

(64 posts)
134. What I took away from the article was that this was to reduce income inequality.
Fri Oct 4, 2013, 04:48 PM
Oct 2013

As progressive as Switzerland is there is still a huge income gap. The money would come from tax levies.

SoCalDem

(103,856 posts)
153. The money gets RECYCLED thoughout the economy.. everyone "wins"
Fri Oct 4, 2013, 07:19 PM
Oct 2013

When rich folks get a "windfall" they hoard it.. when "lessers" get it , they SPEND it. and boost the economy for all...

muriel_volestrangler

(101,316 posts)
157. You hope it gets recycled through the economy, but some might choose to spend more time elsewhere
Fri Oct 4, 2013, 07:30 PM
Oct 2013

Spend a lot of your time somewhere a bit cheaper (several ex-Eastern bloc countries not that far away), and just go back to satisfy whatever residence requirement they put on you - which you might make a very basic, relatively cheap, rented room. If you don't have a job, or 'available for work' requirements, to keep you in the country, why not take loads of cheap vacations around Europe, rather than staying in the most expensive country?

bread_and_roses

(6,335 posts)
184. There are not enough jobs for everyone
Sat Oct 5, 2013, 07:27 AM
Oct 2013

If, right now, we could magically make every adult in the country "job-ready" - skills, work ethic, etc. - would there be a job for all of them? No. Not to mention jobs with decent wages.

So what matter if some don't work? And don't you think that many tiring elders would leave the work force? What's wrong with that? Is it written in stone somewhere that everyone should work till they're sixty-five? Which is crazy anyway. Try doing any kind of real, hard physical labor day after day - labor like road work, or standing on your feet all day behind a cash register - when you get into your fifties, even. A few can, yes. Many others can't. And many of those who can still hit the wall well before sixty-five. How about our crazy idea that single parents receiving assistance ("welfare&quot MUST work (or be seeking work) once the infant is three months or so? Those parents could stay home if they wished.

And how about jobs that are repetitive and unpleasant? Like factory jobs or call center jobs? Perhaps those people would choose to work only four hours a day, giving other people some "jobs." (I put jobs in quotes, because particularly call center jobs are not meaningful work or work that the world needs doing - they are just mostly moving money around).

The word "work" above is used to mean a job. There's plenty of real work in the world to do, but we don't pay anyone to do it, so it's not a "job." We could have all the jobs we need if people were paid to do all the real work that needs doing. You know - like retrofitting all buildings for energy efficiency, like putting enough teachers and aids in classrooms, like hiring enough nurses so they work reasonable shifts ... I could go on and on.

I find your post peculiar in that the assumptions underlying it seem to have no relationship to much in the real world.

Oh, and in this country there was a time when we talked about a "guaranteed national income." When Nixon was president.

LukeFL

(594 posts)
160. Where will the money be funded from?
Fri Oct 4, 2013, 07:40 PM
Oct 2013

Will this money be taxed? Itsnt Swiss one if the nations which high taxation?

Also this sounds vey similar to one currently in Alaska? I think Akaska gives it's citizens a check every month. I heard about this during the plain saga in 08.

hughee99

(16,113 posts)
14. It will be very interesting to see what happens.
Fri Oct 4, 2013, 02:16 PM
Oct 2013

I wonder what will happen with the people who are currently working and making about 2500 francs now. Will they keep their job and make about the same amount of money as they could get if they were not working at all? Will those jobs start paying considerably more than the do now? Will they find some loophole that enables employers to find people who don't get the 2500 and need to take the job?

Response to Left2Tackle (Original post)

liberal_at_heart

(12,081 posts)
30. could you imagine the careers you would be free to pursue if you have a guaranteed income?
Fri Oct 4, 2013, 02:31 PM
Oct 2013

I could be a zoologist and not have to worry if my paycheck would be enough to support my family. People could pursue their passion and follow careers they felt would make a difference in this world instead of which ones pay the rent.

Response to liberal_at_heart (Reply #30)

Response to 7962 (Reply #87)

displacedtexan

(15,696 posts)
38. I've spent quite a bit of time in Switzerland.
Fri Oct 4, 2013, 02:40 PM
Oct 2013

It's very expensive to live in the cities, and the people I know there are thrilled that their kids would be able to save for a house if this passes. They told me that Denmark (or some other country) already has this guaranteed income, and it's proving 100% positive for all. The only catch is that once you deplete your monthly income from the government, there is no recourse. You mismanage your income at your own peril.

I think it's great. Imagine the savings account you would have if you don't live off of it for a while, and imagine how helpful it would be for those who don't have jobs or aren't able to work.

PoliticAverse

(26,366 posts)
46. The system in Denmark is more akin to a very strong social welfare system than the
Fri Oct 4, 2013, 02:46 PM
Oct 2013

system being discussed in Switzerland (where you would get 2,500 regardless of your
financial situation).

Paulie

(8,462 posts)
71. It's cheaper than prison. And the negative externalities like crime would likely drop like a stone
Fri Oct 4, 2013, 03:11 PM
Oct 2013

It would likely be a net savings plus the economic multiplier for all those people who have nothing to now being able to like and eat.

And the economies of scale for social security would make implementation not much more costly.

Question is who gets it. Citizens and resident aliens. One consequence would be the undocumented could be come a slave labor force with monies from this plan. Buy that money would still get into the economy.

Interesting thought exercise. Wouldn't pass here without a cloning machine and having Bernie Sanders in every position in government.

bossy22

(3,547 posts)
77. it would make it extremely costly...to the tune of 6 trillion a year
Fri Oct 4, 2013, 03:20 PM
Oct 2013

Or almost 40% of GDP. Who will pay for it?

Hydra

(14,459 posts)
93. You're acting like that money disappears down a hole or something
Fri Oct 4, 2013, 03:41 PM
Oct 2013

Once it's in the system, it multiplies and creates demand. Right now in the US, the 1% are sitting on trillions that could be in the economy doing things. Instead, they're looking for ways to multiply it without getting anything useful done.

The decreased demand is strangling the economy, because the people who would buy things and services can't, and the ones who could aren't.

An investment in the people like this would turn things around overnight...but then the 1% would be pissed off, and we simply can't have that.

Hydra

(14,459 posts)
125. Thank you!
Fri Oct 4, 2013, 04:34 PM
Oct 2013

As long as we have an underutilized labor pool, no inflation should occur either.

As other have stated in this thread too, this would fund a lot of human and environmental improvement projects by allowing people to work on things that may not be lucrative or pay at all but have definite benefits to our society and world. We'd be getting benefits from 3 directions or more from the investment, while investing in the 1% is getting us an embarrassingly small flow from 1 direction.

Jamastiene

(38,187 posts)
73. Why the fuck did I have to be born in America?
Fri Oct 4, 2013, 03:13 PM
Oct 2013

Europe is so much more advanced in their thinking. And here we are stuck in America with these asshole Teabagger Republicans who do not even want people to have access to health care with reasonable rates.

liberal_at_heart

(12,081 posts)
74. I know, right? I heard someone on the radio the other day say they had hit the geographic jackpot
Fri Oct 4, 2013, 03:16 PM
Oct 2013

by being born in America? Maybe that was true in the past, but there are so many other countries that are so far ahead of us. They are ahead of us because they think ahead. All we think of is the next Congressional crisis. We can't think past our nose.

Paper Roses

(7,473 posts)
80. Nice to know some countries care about its citizens.
Fri Oct 4, 2013, 03:25 PM
Oct 2013

Sometimes I wonder about ours.

I could live nicely on $2800. a month. I, like many others have only Social Security. If Washington screws around with that, I am sunk. Maybe I'll buy Lederhosen, an alpine horn and move to Switzerland.
My congratulations to a very progressive country.

 

Spitfire of ATJ

(32,723 posts)
86. I remember in the 70s a bunch of us radical hippy types passing a doobie and going all "13th"...
Fri Oct 4, 2013, 03:35 PM
Oct 2013

An interpretation of the 13th Amendment is that no person should be forced into working against their will.

Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.


This was written at a time when the country was mostly rural and homesteading was common so living off the land was common. As was barter. A citizen could stake a claim and clear some fields and start farming. A farmer could raise enough to sell surplus produce for cash to get other things and the harder you worked, the more you produced and the more money you made. That doesn't work anymore. You work harder and the pay is the same. There is no more free land out there being offered for those who want to build their log cabin out of trees you chop down with your non-lazy, rugged individualist ax. To live now means cash and the implication of the 13th is the government has an obligation to it's citizens to see to it that they are not required to work for the sake of survival.

Imagine if an employer couldn't use fear. There are a LOT of people in this country who live for 8 hours or more under what amounts to living under a dictatorship and some even a tyrant. Imagine the attitude shift if you literally had to be respected for your contribution because you were there more or less on a voluntary basis because you loved the job. Suddenly the salary would be based on an incentive basis with sewer workers being paid the big bucks.

Jamastiene

(38,187 posts)
95. I wish there were more of you "radical hippy types passing a doobie"
Fri Oct 4, 2013, 03:41 PM
Oct 2013

in our government here in the U.S. The country would be better off for it.

Doc Holliday

(719 posts)
180. Actually, it's the
Sat Oct 5, 2013, 06:50 AM
Oct 2013
love of money that is the root of all evil, not money itself.....but you were stoned at the time,
so the confusion is understandable.

liberal_at_heart

(12,081 posts)
109. I hear some people on hear posting about a time when the state of CA paid college tuition.
Fri Oct 4, 2013, 03:59 PM
Oct 2013

We need that again and nation wide.

liberal_at_heart

(12,081 posts)
113. true but it doesn't have to be. Gaining knowledge is never bad. It is what you do with that
Fri Oct 4, 2013, 04:09 PM
Oct 2013

knowledge that is important.

liberal_at_heart

(12,081 posts)
116. We could definitely stand to incorporate different education models.
Fri Oct 4, 2013, 04:15 PM
Oct 2013

Many countries put more emphasis on vocational schools and apprenticeships. We need more of that also. But there are some career choices that a degree is kind of a must have. My daughter wants to be a veterinarian. You kind of need a degree for that. My son wants to own his own business and he will need knowledge for that but won't necessarily need a degree.

 

Spitfire of ATJ

(32,723 posts)
149. There is a diference between a degree and getting certified....
Fri Oct 4, 2013, 05:59 PM
Oct 2013

Some of these schools only teach you how to pass the state run test. It's like a truck driver training school where you STILL have to go through the DMV and even then you STILL have to get a job. The sad thing is when you actually get the job, the pay could end up being a joke.

Look at how the airline pilot pay was exposed in "Capitalism A Love Story".

Hydra

(14,459 posts)
128. As long as the internet stays free
Fri Oct 4, 2013, 04:37 PM
Oct 2013

You can learn a ton about any subject you'd like. I started learning SQL that way, even though I wound up out of the job where I could have used it in 2008.

I haven't done it yet, but I heard you can find the classes for various colleges for free online now.

No Degree/Certification, but it's all there to learn if you want it.

David__77

(23,402 posts)
91. Richard Nixon advocated this.
Fri Oct 4, 2013, 03:37 PM
Oct 2013

It's interesting that Nixon was so progressive in many respects, of course only by comparison to today's gangs of free traders that infest both parties. Nixon said:

What I am proposing is that the Federal Government build a foundation under the income of every American family with dependent children that cannot care for itself—and wherever in America that family may live.

For a family of four now on welfare, with no outside income, the basic Federal payment would be $1,600 a year. States could add to that amount and most States would add to it. In no case would anyone's present level of benefits be lowered. At the same time, this foundation would be one on which the family itself could build. Outside earnings would be encouraged, not discouraged. The new worker could keep the first $60 a month of outside earnings with no reduction in his benefits; and beyond that, his benefits would be reduced by only 50 cents for each dollar earned.

By the same token, a family head already employed at low wages could get a family assistance supplement; those who work would no longer be discriminated against. For example, a family of five in which the father earns $2,000 a year-which is the hard fact of life for many families in America today—would get family assistance payments of $1,260, so that they would have a total income of $3,260. A family of seven earning $3,000 a year would have its income raised to $4,360.

Hydra

(14,459 posts)
98. Amazing how far right and crazy we've gone as a nation
Fri Oct 4, 2013, 03:49 PM
Oct 2013

Now...? How about the little guy? Let him die.

ProSense

(116,464 posts)
94. I'd settle for the U.S. emulating Australia
Fri Oct 4, 2013, 03:41 PM
Oct 2013

with at least a $17 per hour minimum wage.

On minimum wage, U.S. lags many rivals

By Chris Isidore



President Obama's proposal to hike the U.S. minimum wage to $9 an hour would still leave the lowest-paid American workers trailing their counterparts in several other major industrial countries.

The world's highest minimum wage is paid in Australia, where workers are paid at least 15.96 Australian dollars, or $16.91, an hour.

Canada does not have a national minimum wage, but the lowest provincial minimum wage is in Alberta, where workers must be paid at least 9.75 Canadian dollars, or $9.73, an hour, while workers in Yukon get at least $10.27.

Figures from the Organization for Economic Cooperation and Development, a multinational research body, show nine countries around the world where the minimum wage is more than the $9 President Obama is proposing.

- more -

http://money.cnn.com/2013/02/13/news/economy/minimum-wage-countries/index.html

It would be great if we could match Australia or lead the developed countries.

Love the Swiss plan.

JDPriestly

(57,936 posts)
103. Exemplary. Now, Republicans, put that in your pipes and smoke it.
Fri Oct 4, 2013, 03:55 PM
Oct 2013

If it passes, we shall see how it works out.

Very interesting experiment in my view.

I don't have an opinion, pro or anti yet. I want to see how it works out if it is enacted.

Live and Learn

(12,769 posts)
117. I love the second initiative too.
Fri Oct 4, 2013, 04:16 PM
Oct 2013
A separate proposal to limit monthly executive pay to no more than what the company's lowest-paid staff earn in a year, the so-called 1:12 initiative, faces a popular vote on Nov. 24.

Live and Learn

(12,769 posts)
129. I have advocated both of these positions before
Fri Oct 4, 2013, 04:39 PM
Oct 2013

(as have others on DU) but never in my wildest dreams did I think either would make it this far anywhere in the world. Just getting the initiatives is amazing.

BelgianMadCow

(5,379 posts)
120. Wonderful news, hadn't heard of it. There's a similar initiative EU-wide
Fri Oct 4, 2013, 04:20 PM
Oct 2013

which is trying to gather the required 1 million signatures for a basic income for all.

http://basicincome2013.eu/ubi/signup-page/

And there was also a report of such an initiative that not only passed, but has worked well and is gonna increase in scope, in India. Lemme dig up the link.

Response to Left2Tackle (Original post)

meaculpa2011

(918 posts)
139. It sounds like a good idea, except...
Fri Oct 4, 2013, 05:07 PM
Oct 2013

$2,500 per month will become the new ZERO.

The rationale behind this kind of program would be to provide everyone with an income floor and then do away with public housing, WIC, welfare, unemployment insurance, minimum wage, etc.

PoliticAverse

(26,366 posts)
169. Right there's a question as to how much the other programs will be cut
Fri Oct 4, 2013, 10:23 PM
Oct 2013

(I've seen pensions mentioned being cut also) and whether this will actually result in a reduction
in benefits for many.

 

lumberjack_jeff

(33,224 posts)
146. I wish the critics could make up their minds.
Fri Oct 4, 2013, 05:42 PM
Oct 2013

"How do you pay for it?" and "Won't it cause inflation?" are arguments which presume answers to the other.

If you pay for it by taxing the rich, then no it won't cause inflation, it will simply move purchasing power down the economic ladder.

If you are unworried about inflation, you borrow, and let inflation and the growing economy take care of the resulting deficit.

Either solution works. Inflation is a boogeyman which only seriously attacks sequestered wealth.

PoliticAverse

(26,366 posts)
167. If you finance it from taxation it wouldn't really effect inflation.
Fri Oct 4, 2013, 08:29 PM
Oct 2013

If you finance it by increasing the money supply it would increase it. Based on the articles
I've read on the Swiss proposal they seem to advocate the taxation method.

SoCalDem

(103,856 posts)
148. This is how you tackle "personal responsibility"
Fri Oct 4, 2013, 05:54 PM
Oct 2013

As a "state", they are responsible to their citizens, and if every citizen has a basic minimum income they can count on, they can afford to support the economy of the state.

It's an unbroken economic CIRCLE....

Anyone whose ONLY income is that $2800USD , will undoubtedly spend EVERY penny of that money, and MOST will use it as a stipend they can count on while they also work. There will be very few who CHOOSE to no work for more income....but for the ones who are disabled, ill or elderly will have enough to at least provide for themselves

muriel_volestrangler

(101,316 posts)
155. A blog on this, from last year:
Fri Oct 4, 2013, 07:25 PM
Oct 2013
Switzerland: An Initiative to Establish Basic Income for All

The grassroots initiative “for an unconditional basic income” proposes that “the establishment of an unconditional universal benefit” be written into the federal constitution which would “allow the entire population to lead a dignified existence and participate in public life”.The law will address financing and set the amount of the benefit (the proposers suggest around 2,000-2,500 Swiss francs per month (or 2,200-2,700 US dollars per month), which is about the same as the maximum current social security payment, but they have not written this into the text of the initiative (fr)). The basic income does not come with any conditions attached: it is not subject to any means testing. It is universal (everyone will receive it) and egalitarian (everyone will receive the same amount). It is also personal (it is paid out to individuals, not households).It is not income to replace a lost salary. Rather, it replaces all inferior income support (unemployment benefit, pensions, family allowance, student grants, disability payments). How will it be financed? Through direct taxation of income and wealth, indirect taxation on consumption (VAT), taxing financial transactions, and most especially through the reallocation of resources currently allotted to financing state pensions and unemployment payouts, social security and other welfare payments lower than the amount of the basic income.
...
His analysis is controversial, as can be seen from the comments thread under his post. From a French perspective, Jeff Renault explained why the left are “dead set against” (fr) an unconditional basic income:

The left of the end of the 19th and the 20th centuries was forged on the values of work and defending workers. This fight centres around the never ending defence of the salaried worker and the Holy Grail of permanent, salaried contracts, even through this “status” only applies to the minority.


http://globalvoicesonline.org/2012/05/07/switzerland-an-initiative-to-establish-basic-income-for-all/

PoliticAverse

(26,366 posts)
166. "it replaces all inferior income support (unemployment benefit, pensions, family allowance,
Fri Oct 4, 2013, 08:28 PM
Oct 2013

student grants, disability payments)"

If this is true for some people it will result in a cut in benefits. As far as I could gather the Guaranteed Basic Income
initiative doesn't specifically call for it to replace all of the above it is just assumed that that will happen.

Cicada

(4,533 posts)
178. Nixon proposed govt supplement for low wages
Sat Oct 5, 2013, 06:21 AM
Oct 2013

he proposed the earned income tax credit, a govt supplement for wages of the poor, especially those with kids. The idea was that encouraging work is cheaper than paying welfare. Nixon was creepy but was a thoughtful guy.

Recursion

(56,582 posts)
189. So did TR and Taft. It used to be a plank of the Progressive platform
Sat Oct 5, 2013, 09:02 AM
Oct 2013

Back when Progressive meant something somewhat different.

durablend

(7,460 posts)
182. Pffft...never see that here
Sat Oct 5, 2013, 07:09 AM
Oct 2013

If anything I expect Republicans (and likely some Democrats) will eventually propose the poor and middle class pay the rich $2800 a month for the privelege of living in this country.

Recursion

(56,582 posts)
186. I don't know; it's on the order of current per capita transfers
Sat Oct 5, 2013, 08:37 AM
Oct 2013

I agree politically it's a non starter in 2013, but I don't think it would fundamentally change our economy.

Recursion

(56,582 posts)
185. I'm a fan of the idea
Sat Oct 5, 2013, 08:35 AM
Oct 2013

Do away with SNAP and Section 8 and unemployment insurance and SS; you might even end up saving money with a simpler system like that.

yellowwoodII

(616 posts)
187. What's their military budget?
Sat Oct 5, 2013, 08:41 AM
Oct 2013

Think about what our military budget would provide for our citizens if we weren't out trying to bomb the world into submission.

Recursion

(56,582 posts)
188. EDIT: math is hard
Sat Oct 5, 2013, 08:59 AM
Oct 2013

Last edited Sat Oct 5, 2013, 10:17 AM - Edit history (1)

Sorry, I had the numerator and denominator wrong there.

muriel_volestrangler

(101,316 posts)
193. Stockholm International Peace Research Institute says it's very low
Sat Oct 5, 2013, 10:11 AM
Oct 2013

(I think you got their population wrong)

https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures

Switzerland: $4,829,000,000 0.7% of GDP (about $600/person, for pop of 8 million)
cf.:
UK $61b 2.5%
France: $59b 2.3%
Germany: $43b 1.4%
Italy $34b 1.7%
and
USA $682b 4.7% (about $2200)

Why Syzygy

(18,928 posts)
190. Alaska
Sat Oct 5, 2013, 09:36 AM
Oct 2013
http://en.wikipedia.org/wiki/Alaska_Permanent_Fund

The Alaska Permanent Fund is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC).[1] The fund was established in Alaska in 1976[2] by Article 9, Section 15 of the Alaska State Constitution[3] under Governor Jay Hammond. From February 1976 until April 1980, the Department of Revenue Treasury Division managed the state's Permanent Fund assets, until, in 1980, the Alaska State Legislature created the APFC.[4]

Shortly after the oil from Alaska’s North Slope began flowing to market through the Trans-Alaska Pipeline System, the Permanent Fund was created by an amendment to the Alaska Constitution. It was designed to be an investment where at least 25% of the oil money would be put into a dedicated fund for future generations, who would no longer have oil as a resource.[5] This does not mean the fund is solely funded by oil revenue. The Fund does not include either property taxes on oil company property nor income tax from oil corporations, so the minimum 25% deposit is closer to 11% if those sources were also considered[citation needed]. The Alaska Permanent Fund sets aside a certain share of oil revenues to continue benefiting current and all future generations of Alaskans. Many citizens[who?] also believed that the legislature too quickly and too inefficiently spent the $900 million bonus the state got in 1969 after leasing out the oil fields[citation needed]. This belief spurred a desire to put some oil revenues out of direct political control.

Dash87

(3,220 posts)
192. I'm 50/50 on this.
Sat Oct 5, 2013, 09:58 AM
Oct 2013

I don't disagree with giving money, but I wonder if this wouldn't be better spent guaranteeing jobs for the population. This would lead to them making even more money. It's better for an economy if everyone works (This, imo, is very possible with the right social programs).

I'm a little confused about this, though. are they giving everyone $2,800? This should just be for the poor, imo. Is it a guaranteed income, where the government will cover the difference if companies don't pay you as much? Either MSN didn't explain it or I missed it.

If everyone is getting the money, then that's a terrible idea. Rich people will never need this money, so it's just going to waste (probably into their bank accounts never to be spent). There's zero gain to the economy because, to the rich, this is a minimal amount of cash and they don't need it. I'm also afraid of the inflation that this plan would cause, negating the point of giving the money out in the first place.

Politicub

(12,165 posts)
196. The Swiss approach to health care is similar to Obamacare
Sat Oct 5, 2013, 10:58 AM
Oct 2013

Because they have the requirement that people get health insurance. And insurers must allow all citizens to sign up, regardless of medical condition.

I'm sure that Switzerland's overall HC policy has some more progressive components than the US, but I thought the similarities between the two countries' general approach is interesting.

http://en.wikipedia.org/wiki/Healthcare_in_Switzerland

War Horse

(931 posts)
198. I guess it's like the 'guaranteed minimum income'
Sat Oct 5, 2013, 01:18 PM
Oct 2013

the Norwegian Liberal party (centrist/slightly center-right) suggested. One of their arguments for it was that it would cut down on bureaucracy immensely and thus save all of us money, while ensuring a modicum of quality of life for the needy. Most of them, anyway.

It's a good idea on paper. But while some would benefit immensely from this, others would lose out. It's not a horrible idea, but a fully functioning safety net system is better.

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