Re:A Basic Income Should Be the Next Big Thing
by Unklejoe on Tuesday May 03, 2016 @09:02AM
(#11620191)
The only way for this approach to work would be to define the metrics of "success" before starting this taper process. Also, it would need to be implemented in such a way that makes the process unstoppable.
Otherwise, it will be nearly impossible to taper "off" in the event of a failure.
It's easy to start giving people money that they never had, but once they have a taste, it's going to be hard to take it away.
Re:A Basic Income Should Be the Next Big Thing
by civilian on Tuesday May 03, 2016 @05:52PM
(#11624534)
I also think there's never been a pattern of having "success metrics" tied to laws. Laws are LAW. The best we could get using current legal technology would be a built-in expiration of the law. And if the people think it's good, then we'd vote for representatives who will retain it.
Re:A Basic Income Should Be the Next Big Thing
by sokoloff on Wednesday May 04, 2016 @06:59AM
(#11627467)
You lose support from many people if the plan doesn't include dismantling massive government agencies responsible for other support/giveaway programs.
You can't dismantle those until you're at the 90+% range of any reasonable UBI payout.
If by year 10 the economy still functions as desired, we keep UBI. Otherwise we taper it off again.