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Economy

reformist2

(9,841 posts)

3. Guaranteed income. When there aren't enough jobs to go around, this is the only solution.

Reply to eridani (Original post)

Tue May 10, 2016, 06:47 AM

May 2016

For all the talk about minimum wage, this doesn't really address the fundamental problem. Whether jobs are $15, $12, or $9 an hour, there simply aren't enough jobs to go around in a roboticized, computerized economy.

"Guaranteed Income" for all citizens, also called "Basic Income", really is the way to go.

https://en.wikipedia.org/wiki/Basic_income#Difference_from_guaranteed_income

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The Collapse of the Middle-Class Job [View all] eridani May 2016 OP

Thanks for Posting! Sherman A1 May 2016 #1

Hollowing out of the income curve will leave many people with nowhere to go in society Baobab May 2016 #7

And try it when there are two of you, raven mad May 2016 #2

Guaranteed income. When there aren't enough jobs to go around, this is the only solution. reformist2 May 2016 #3

Requires the Psychopaths to let go Punx May 2016 #6

No, they will engage in economic dumping, basically forcing poor people to move elsewhere Baobab May 2016 #8

Okay -- NOW can we punch people who tell us to just get some more education and Nay May 2016 #4

Fine by me Punx May 2016 #5

No, thats fake, its all about cutting wages. Baobab May 2016 #9

This is the reason the middle class is now less than half of the US population fasttense May 2016 #10