General Discussion

TreasonousBastard

(43,049 posts)

5. It's an interesting thought, and we already...

Sat Dec 28, 2013, 11:01 AM

Dec 2013

have the Earned Income Credit which even Reagan went for.

Aside from the basics of administering it and the fights over just who gets it (green cards, married couples get one or two...) it could work if the other relevant programs were cut to finance it. That, of course, would be a huge fight in itself.

If other programs are cut to pay for this, the net effect on inflation might not be so bad. With low wages so popular, though, might we be looking to a permanent class on the dole, or do we raise wages to get anyone to work? Or do we just open the gates to immigrants who won't be eligible for the plan and have to work for low wages?

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who would be for this? [View all] clydefrand Dec 2013 OP

It was seriously proposed by Nixon's administration. Warren Stupidity Dec 2013 #1

Obviously, he was a commie! Scuba Dec 2013 #2

There are issues with it, but I am in favor of the idea... Demo_Chris Dec 2013 #3

what exactly are the issues? Warren Stupidity Dec 2013 #4

Here's three... (and note that I like the idea) Demo_Chris Dec 2013 #7

The financing is explained quite clearly in the linked article. Warren Stupidity Dec 2013 #9

No....(your comments in bold) Demo_Chris Dec 2013 #10

"the injection of TRILLIONS of dollars a year" Warren Stupidity Dec 2013 #12

It's an interesting thought, and we already... TreasonousBastard Dec 2013 #5

One income saving idea would be to consolidate income departments. If we have one department we jwirr Dec 2013 #6

Well, the Koch-class sure wouldn't go for it. madamesilverspurs Dec 2013 #8

I consider something of this nature to be an absolute certainty... Shandris Dec 2013 #11