Re:Say Hello to Full Employment
by InclinedPlane on Friday July 06, 2018 @06:39PM
(#17475661)
Why not both?
The economy is healthier with safety nets that prevent people from "dropping out" of the economy through homeless, excessive debt, being trapped under huge debt burdens that limit their options, etc.
But the economy is also healthier when it is fully participatory. When only a small slice of the public has any significant amount of discretionary spending the economy tends to stagnate.
Re:Say Hello to Full Employment
by Veelox on Friday July 06, 2018 @08:25PM
(#17476125)
The biggest change to safety nets I want to see is the restructuring of benefit phase out because currently people get in a position that earn more money will decrease their standard of living. That is an awful thing for them and for society.
Re:Say Hello to Full Employment
by orangecat on Saturday July 07, 2018 @12:10AM
(#17476947)
Yes. That's why the argument against basic income of "it removes people's incentive to work" is so frustrating; to the extent that it's true, it's even more true of the current system.
The economy is healthier with safety nets that prevent people from "dropping out" of the economy through homeless, excessive debt, being trapped under huge debt burdens that limit their options, etc.
But the economy is also healthier when it is fully participatory. When only a small slice of the public has any significant amount of discretionary spending the economy tends to stagnate.