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Re:Trends that will create demand for an Unconditional Basic... by btilly on Thursday July 11, 2013 @01:10PM (#6027399)
The other problem with "targeted social welfare programs" is that it is very easy to dislike programs that someone else (particularly someone that you don't like) benefits from. A program that you yourself benefit from tends to be less likely to get eroded by future politicians.

Compare welfare and social security for a classic example of the difference.

Re:Trends that will create demand for an Unconditional Basic... by jerf on Thursday July 11, 2013 @03:34PM (#6028584)
This is my biggest concern with the idea, which I don't see being addressed (checked the entire conversation on this post to date). I don't think having the vote and having the basic income is compatible with each other. Why aren't people going to vote themselves larger basic incomes every year? How can you both have the (modern conception of the) vote, and a basic income at the same time?

Attempts to answer this question also need to deal with human beings as they are, not as they could be if we were all just really good and pure and all motivated by selfless interest only in the good of humanity as a whole or something, because presumably this is being proposed as a real policy for real people and not some fantasyland.

(Also, I do not consider "well we already have some programs like that today" to be a defense... I'm not entirely convinced that's just going to turn out peachy keen in the end either. I'm personally pretty convinced we've already passed a threshold at which a significant chunk of our government is actively pursuing government dependency as a conscious policy, and that's not going to end well either, as the same mechanics take sway... there is always a reason to grow benefits, it's always evil to cut them, and there's no feasible way to bound the growth of promised benefits to real growth, other than the really, really hard one of simply running out of resources.)

While this is a criticism of mine, and I am not trying to hide my general skepticism as seen in my second paragraph, I am posting this also in a genuine spirit of inquiry about what answers to this question may have been developed. I acknowledge the problems the BI idea is trying to solve, and I acknowledge that I have no answers (including, alas, BI, unless someone can convince me here).

Re:Trends that will create demand for an Unconditional Basic... by mncolinlee on Thursday July 11, 2013 @04:27PM (#6028985)
Most of us have a representative system of government, not a purely democratic system. The problem with your thesis is that reality has not presented many examples where deep cuts have not been enacted. Austerity and Social Security cuts are common from elected politicians.

The parent idea reminds me of a certain system advocated by Thomas Paine, the famous American revolutionary who came up with a more liberal ideal of Social Security which offered every child a natural inheritance on coming of age. He suggested this in addition to subsidies for old age. Ironically, this is the same guy Tea Party members love to quote when they disparage taxes.

His pamphlet, Agrarian Justice, is well worth a read.

http://www.ssa.gov/history/paine4.html

Re:Trends that will create demand for an Unconditional Basic... by jerf on Thursday July 11, 2013 @04:44PM (#6029099)
"Austerity and Social Security cuts are common from elected politicians."

Because a non-trivial percentage of the population wants them, whether or not you agree with them. Who's going to vote to receive less money?

Re:Trends that will create demand for an Unconditional Basic... by chez17 on Thursday July 11, 2013 @05:56PM (#6029527)
That's like asking why are taxes above 0%? There are plenty of rational people who understand what it takes to have a successful modern society. Looking at the current US feelings on money and welfare, do you really think that if this was done we would err on the side of too much assistance? I would bet it would be barely livable at first.
Re:Trends that will create demand for an Unconditional Basic... by ahoy on Thursday July 11, 2013 @05:09PM (#6029246)
Plenty of people, if it also means their tax rate becomes lower. Or anyone who makes enough money that their tax burden is greater than the UBI.
Re:Trends that will create demand for an Unconditional Basic... by dasil003 on Thursday July 11, 2013 @04:33PM (#6029022)
I think you're overweighting the relative influence BI can exert. Introducing BI as a tiny fraction of GDP does not make existing financial power structures disappear. Existing wealth will still wield the same influence it always has. There will be plenty of lobbyists to push back against corporate tax hikes, there will still be the usual capitalist incentives to start a business and increase production, the American people will still believe in upward mobility and the right of a business owner to make money. In short, I think you're imagining a slippery slope of a policy without any checks and balances where in fact there will be many. I could be wrong of course, but it's really rampant speculation on both our parts because humans don't really have an intuitive or historical understanding of how such a system would actually pan out in practice.

On balance it seems like a better risk than the current welfare and disability systems that dehumanize people and create a perverse incentive not to work in order to survive. If efficiency and automation trends continue some sort of wealth redistribution will become strictly necessary whether that is done through government policy, charity, or revolution. BI for its potential flaws doesn't look so bad compared to the alternatives.

Re:Trends that will create demand for an Unconditional Basic... by jerf on Thursday July 11, 2013 @04:52PM (#6029156)
"Introducing BI as a tiny fraction of GDP"

OK, yes, but what's going to keep it a tiny fraction of the GDP? The BI's natural "lobbying organzation" is the entire public... not even the entire voting public, but the entire public. No current structures have that characteristic. For almost the entire population, $10,000 is a lot of money. Even people making $150,000/year are going to still appreciate $10,000, and we're now talking well above median.

If there was a lobbying force large enough to actually countervail the entire public's interest in voting themselves more money, I'm pretty sure it would not be hard to drum up a mob against them.

As I understand it, Basic Income's distinguishing characteristic is that everybody gets it. You can't use our experiences with things that well less than half the population gets to judge the effect it will have on voting patterns.

You can't just think about the first year of Basic Income's implementation. You have to think about the second year. You have to think about the tenth year. You have to think about the 18th year, when people who have never lived in a regime other than having BI exist start voting themselves. Are they going to understand that it's a bad idea to listen to the politicians promising to make it larger? Because there will be such politicians. Probably all of them, honestly.

Re:Trends that will create demand for an Unconditional Basic... by dragonwriter on Thursday July 11, 2013 @07:53PM (#6030054)
> OK, yes, but what's going to keep it a tiny fraction of the GDP? The BI's natural "lobbying organzation" is the entire public...

Er, no, its not. The natural lobbying organization is the people whose have an expected positive net utility from an increased BI. That's not the entire public, as both increased public debt and increased taxation have negative consequences for members of the public. (And as, empirically, its been shown that increased income has a declining, and beyond a certain point, immeasurably small contribution to experience utility.)

> You have to think about the 18th year, when people who have never lived in a regime other than having BI exist start voting themselves. Are they going to understand that it's a bad idea to listen to the politicians promising to make it larger?

Sure. They'll probably understand the effects of BI level changes a lot better than people in the first year do.

Re:Trends that will create demand for an Unconditional Basic... by Retric on Thursday July 11, 2013 @05:28PM (#6029349)
A BI is generally associated with a flat tax to pay for it. Aka everyone gets 10,000 a year tax free but after that all income is taxed at ~20% to pay for it pluss whatever else the government needs, net result increasing the BI costs everyone making over around 50k per year more money than they gain. However, the good thing is it's revenue neutral for the person near 50k. And adds 5k to someone making 25k per year so there is no disincentive to work a low paying job to like with the current social programs.
Re:Trends that will create demand for an Unconditional Basic... by dasil003 on Thursday July 11, 2013 @05:36PM (#6029391)
> The BI's natural "lobbying organzation" is the entire public... not even the entire voting public, but the entire public. Even people making $150,000/year are going to still appreciate $10,000, and we're now talking well above median.

Then why couldn't we get universal health care passed through decades and decades of attempts?

I think you are assessing the human psychology factor incorrectly. The US population is not a lobbying organization. Just because something is in their interests does not make people rally behind a cause. A lobbyist has an agenda, but the very existence of BI does not make it everyone's agenda to increase it. The person making $150k has better things to worry about than exerting pressure to increasing BI, and in fact, will likely be a business owner and someone that is very receptive to the argument that raising taxes will hurt production. Similarly, raising BI is not a cause that fuels people's competitive spirit and drive for meaning. Certainly there will be a socialist contingent that does have that agenda, but I don't see why you are so convinced that it will inevitably become a runaway train.

> You can't use our experiences with things that well less than half the population gets to judge the effect it will have on voting patterns.

Exactly what I said previously—we're both speculating.

Re:Trends that will create demand for an Unconditional Basic... by nhaehnle on Thursday July 11, 2013 @05:38PM (#6029399)
Your argument underlie some implicit assumptions, which are that (a) a BI that increases over time has negative consequences, and (b) these consequences would be invisible to the people.

Those seem some pretty strong assumptions to me, and they deserve to be further justified.

Why do you actually think that making the BI larger is a bad idea? And why do you think that people will disagree / not add one and one together?

If you think that increasing the BI requires tax increases, well, there will be people complaining about the tax increases, and your argument goes poof.

If you think that increasing the BI causes higher inflation, then either people will decide that having a higher BI is worth it, or there will be people complaining about the higher inflation, and your argument goes poof.

Re:Trends that will create demand for an Unconditional Basic... by flyinRyan on Friday July 12, 2013 @12:29PM (#6033489)
>The BI's natural "lobbying organzation" is the entire public...

I think you're misunderstanding the nature of lobby and power in the United States. It doesn't matter the size of your lobby, only the size of their wallet. An entire public who are only getting BI are going to have virtually no financial power to wield.

Also, your speculation ignores the fact that the "red states" are also the largest benefactors of welfare. It wouldn't surprise me at all to see a large percentage of the public saying that they themselves should be getting less BI because it's "socialism" or some such nonsense.

Re:Trends that will create demand for an Unconditional Basic... by dgreensp on Thursday July 11, 2013 @03:59PM (#6028757)
Having the vote hasn't given us any unholy powers to control the government's spending so far, so why would it? It's not even clear if any form of basic income would be voted for. We're just talking about changing from structure A to structure B in terms of how the government provides for people.
Re:Trends that will create demand for an Unconditional Basic... by johnchristopher on Thursday July 11, 2013 @04:55PM (#6029175)
I don't see how the argument "people are going to vote themselves larger basic incomes so universal basic income isn't compatible with democracy" could hold any ground.

There are no democracy on this planet in this century and the last where people could vote _directly_ for any kind of numbers regarding money matter.

On the contrary, nowadays the elected leaders vote their own salaries (I live in Europe)... and force austerity upon the weakest.

Re:Trends that will create demand for an Unconditional Basic... by dragonwriter on Thursday July 11, 2013 @06:42PM (#6029766)
> I don't think having the vote and having the basic income is compatible with each other. Why aren't people going to vote themselves larger basic incomes every year?

The same reasons that people vote themselves lower taxes every year, though they do vote themselves lower taxes sometimes: 1. We don't have a direct democracy, so people don't vote for policies directly; 2. Quite a lot of people, even if they can't analyze all the implications, can see that voting yourself a lower net contribution to government (either via lower taxes or greater benefits) has consequences that may be undesirable.

> How can you both have the (modern conception of the) vote, and a basic income at the same time?

The same way you can have the modern conception of the vote and have taxes at the same time. Mostly, this involves relying on an electorate that is largely composed of at least modestly responsible adults, rather than infants that gorge themselves on candy without limit given the opportunity without thought of the consequences.

Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Thursday July 11, 2013 @08:37PM (#6030192)
"Mostly, this involves relying on an electorate that is largely composed of at least modestly responsible adults, rather than infants that gorge themselves on candy without limit given the opportunity without thought of the consequences."

Sometimes I'm not very confident we have that; but that's not really an argument against BI specifically as democracy in general...

Re:Trends that will create demand for an Unconditional Basic... by inflagranti on Friday July 12, 2013 @02:47AM (#6031266)
"This is my biggest concern with the idea, which I don't see being addressed (checked the entire conversation on this post to date). I don't think having the vote and having the basic income is compatible with each other."

If you have well-enough educated, hopefully reasonable people I don't think this will become an issue. Swiss recently voted down to get more holidays ( http://www.telegraph.co.uk/news/worldnews/europe/switzerland...) and it wasn't even close of getting through. Now this of course doesn't prove anything (we also voted to ban minarets for instance, which definitely wasn't very rationally based), but it shows that people will not just take the short sighted approach only thinking of immediate rewards and instead try take the whole economic outcome into account.

Re:Trends that will create demand for an Unconditional Basic... by flyinRyan on Friday July 12, 2013 @12:36PM (#6033527)
>we also voted to ban minarets for instance, which definitely wasn't very rationally based

Of course it was. The law itself was stupid, but it highlighted a real issue. Notice that after that vote France, Sweden and a few others looked at the Muslim integration problem (i.e. a large portion of the Islamic community simply don't) as well.

There is an issue here that needs to be addressed, it was just the way they chose to do it was silly but the people didn't let that stop them from using it to voice their opinion.

Re:Trends that will create demand for an Unconditional Basic... by inflagranti on Saturday July 13, 2013 @05:19AM (#6037108)
The Muslim integration might be real issue, but it's also to a large part fear-based; that was definitely the impression I had back then from the advertisements and the media. In any case, I don't think laws should be enacted just to voice opinions and this one might at the end actually further hinder integration. This is all a bit OT now though :)
Re:Trends that will create demand for an Unconditional Basic... by superuser2 on Thursday July 11, 2013 @04:09PM (#6028842)
Inflation exists. They should vote themselves a larger base income every year (unless it's automatically pegged to the CPI or something).
Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Thursday July 11, 2013 @04:23PM (#6028955)
It should grow with inflation, but not necessarily automatically with CPI.

My quite tentative, back of envelope analysis:

If it grows at a fixed rate, then when inflation outpaces it we will see the real value shrink. Since a larger BI is likely to be inflationary, this shrinkage would lead to some deflation (or at least reduced inflation), which will grow it again. Hopefully this would act as some stabilization and give the Fed a hand at targeting a particular rate of inflation, and a predictable rate of inflation seems to be what's best.

Re:Trends that will create demand for an Unconditional Basic... by kbolino on Thursday July 11, 2013 @04:37PM (#6029045)
If there was a UBI, then the yearly raises everyone voted themselves would be a significant cause of inflation.
Re:Trends that will create demand for an Unconditional Basic... by ppereira on Thursday July 11, 2013 @05:45PM (#6029452)
No, because the basic income would be paid for by a tax. Tax revenues increases with inflation too.
Re:Trends that will create demand for an Unconditional Basic... by kbolino on Thursday July 11, 2013 @06:47PM (#6029788)
And that increase in tax revenue will be offset by an increase in prices, which in turn will be offset by an increase in the UBI, ...

To expound on the point, absent other economic factors, an inflation-adjusted UBI pretty much guarantees that next year's inflation will be greater than this year's inflation.

Re:Trends that will create demand for an Unconditional Basic... by ppereira on Friday July 12, 2013 @01:15AM (#6031045)
I think you are falling for Zeno's paradox. There exists an equilibrium with a constant percentage rate of tax redistributed as a lump sum that will not affect inflation at all. If the lump sum is larger than the tax revenue, there will be inflation, and if it is smaller there will be deflation. Just look at the total money supply. Prices in general are not directly affected because this is a redistribution of income.
Re:Trends that will create demand for an Unconditional Basic... by ppereira on Thursday July 11, 2013 @05:40PM (#6029412)
There is a near balance between those who would vote for and against a basic income based. The simplest implementation would involve a flat income tax that is distributed as a lump sum. For this case, families earning less than average would want an increased basic income and families earning more would want the opposite.

Some rational voters, however, would want to mitigate their downside risk, and therefore wish to have a basic income despite its cost.

Re:Trends that will create demand for an Unconditional Basic... by antitrust on Thursday July 11, 2013 @04:45PM (#6029109)
> Why aren't people going to vote themselves larger basic incomes every year?

Congress has that authority over their own salaries, and they haven't abused it.

Re:Trends that will create demand for an Unconditional Basic... by martingordon on Thursday July 11, 2013 @04:52PM (#6029162)
Technically, they do not. The 27th Amendment (submitted for ratification 1789; adopted in 1992) states that any changes to Congressional compensation doesn't take effect until after the next general election.

http://en.wikipedia.org/wiki/Twenty-seventh_Amendment_to_the...

Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Thursday July 11, 2013 @04:52PM (#6029154)
My understanding sit hat Congress has the authority over the salaries of the congress following the next election. If they abuse it too horribly, that's not going to include them.
Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Saturday July 13, 2013 @12:33AM (#6036675)
Yes. Sit hat, Congress. Sit hat.
Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Thursday July 11, 2013 @04:45PM (#6029112)
Put it in a structure where it doesn't take a simple majority vote to raise (real) BI. Let's say the US did it with a constitutional amendment, for instance.
Re:Trends that will create demand for an Unconditional Basic... by ppereira on Thursday July 11, 2013 @05:54PM (#6029508)
A basic income is much more like a change in tax rates. In fact, the existing Earned Income Tax Credit is already much like a basic income for a certain segment of the population. Requiring a constitutional amendment would create much too high a barrier. One often needs a revolution to make a constitutional amendment. I don't think we want to go there.
Re:Trends that will create demand for an Unconditional Basic... by dragonwriter on Friday July 12, 2013 @10:49AM (#6032877)
> In fact, the existing Earned Income Tax Credit is already much like a basic income for a certain segment of the population.

It is impossible for something to be for a certain segment (defined in large part by income) of the population and for it also to be meaningfully like Basic Income.

EITC is a fairly standard limited-eligibility social welfare program, which is what BI is offered in opposition to.

> One often needs a revolution to make a constitutional amendment. I don't think we want to go there.

I don't think the facts justify that that is often the case, unless you mean "revolution" in some very loose sense that doesn't justify the "I don't think we want to go there" comment.

I mean, there are 17 amendments to the Constitution that weren't passed fairly contemporaneously with the original document: can you point to the "revolutions" which were necessary for these?

Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Friday July 12, 2013 @11:13AM (#6033003)
You could say the Civil War was a revolution necessary for the passage of the thirteenth amendment (and potentially the 14th and 15th).

Maybe the rise of organized crime under prohibition could be considered a revolution prompting the 21st amendment, but that seems quite a bit of a stretch...

Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Thursday July 11, 2013 @07:58PM (#6030070)
If by "go there" you mean revolution, I agree - we don't want to go there.

In terms of whether the US could legally establish a BI without constitutional amendment, I am inclined to agree that it's allowed.

I think there is some argument for avoiding a simple majoritarian decision for how the rate is determined; I am not certain whether it is a sufficient one, but I don't think there's reason it shouldn't be part of the discussion, and constitutional amendment is the most secure process to elevate something above majority rule in the US.

I disagree that it "often takes a revolution" to amend the US constitution - if there is enough popular support that amending by that means would be practical, amending without it should be - and indeed, only twice of the 17 times we've amended the constitution has it involved a revolution (once successful, once unsuccessful).

Re:Trends that will create demand for an Unconditional Basic... by agilebyte on Thursday July 11, 2013 @04:01PM (#6028775)
Agree with you. How does one enforce people hopping borders from places that have no universal income policy? How do we deal with sovereign states that are allowed to set their own tax policy and thus legally become an offshore tax haven?
Re:Trends that will create demand for an Unconditional Basic... by dasil003 on Thursday July 11, 2013 @04:36PM (#6029034)
The same way we always have. What do either of these issues have to do with BI?
Re:Trends that will create demand for an Unconditional Basic... by agilebyte on Thursday July 11, 2013 @06:40PM (#6029758)
I do not know what you mean and what "always have" means in your context.

The article asks to get more money from corporations which I do not think is feasible. I am in the UK now and this country decided to go for universal income we would have to either close the borders or convince at least the whole of EU to do the same at the same time.

Please expand your comment if you can.

Re:Trends that will create demand for an Unconditional Basic... by dasil003 on Friday July 12, 2013 @03:27AM (#6031353)
I was speaking of the US, but I also live in the UK, and I have first-hand experience getting a UK visa as a highly paid professional, and it was not exactly easy. Also I might add that though the NHS is set up as a human right, all public funds are not. For instance, I have to pay for my daughter's school in full, which would be partially covered by the state if I were a citizen. So it's not a question of going from "open" borders to "closed", it's a question of degree.
Re:Trends that will create demand for an Unconditional Basic... by dragonwriter on Thursday July 11, 2013 @06:45PM (#6029778)
> I am in the UK now and this country decided to go for universal income we would have to either close the borders or convince at least the whole of EU to do the same at the same time.

That's something of an issue of the EU being a union that is very much like a traditional state, limiting -- by design -- the ability of the subordinate elements to effectively manage certain kinds of policy on their own. That's not an issue with BI, that's an issue with the UK as the unit of analysis in considering BI.

You'd have the same problem considering BI in California, for instance.

Re:Trends that will create demand for an Unconditional Basic... by dllthomas on Friday July 12, 2013 @02:34PM (#6034258)
The UK could surely apply BI only to their citizens. California would have more trouble, given the 14th Amendment, though might be able to do something similar to what we do with schools, requiring that you live there a certain amount of time before you start receiving BI.

This is assuming that the influx of population actually would be a bad thing, though, which I'm not sure of one way or the other - I see some arguments on both sides that hold at least a little water.

Re:Trends that will create demand for an Unconditional Basic... by flyinRyan on Friday July 12, 2013 @12:32PM (#6033502)
This is always the fear that if we raise taxes 1% all the people with money will hop on a plane and leave us, but it hasn't happened. Where would they go exactly? There are places that are a lot cheaper, tax-wise than the US right now.
Re:Trends that will create demand for an Unconditional Basic... by antitrust on Thursday July 11, 2013 @02:12PM (#6027910)
> A program that you yourself benefit from tends to be less likely to get eroded by future politicians.

This could be bad. Very popular programs never get reconsidered, even if they have bad effects.

Re:Trends that will create demand for an Unconditional Basic... by abstractbill on Thursday July 11, 2013 @03:24PM (#6028518)
Just to help me better understand what you're saying, can you give an example of a program that's very popular, and which has bad effects?
Re:Trends that will create demand for an Unconditional Basic... by arebop on Thursday July 11, 2013 @03:26PM (#6028532)
home mortgage interest deduction?
Re:Trends that will create demand for an Unconditional Basic... by dredmorbius on Thursday July 11, 2013 @05:58PM (#6029533)
California's Proposition 13 property tax law.

Much of the special exemptions relating to health care and insurance which effectively tie it to employment, while restricting the ability for other groups to form for pooled risk. Addressed somewhat under Obamacare.

Big Ag subsidies.

Patent and copyright laws.

Re:Trends that will create demand for an Unconditional Basic... by anonymoushn on Thursday July 11, 2013 @04:08PM (#6028832)
For instance, Detroit has created pension obligations that it cannot possibly make good on, and is having some difficulty dealing with those as it is bankrupt. Many other local governments have similar programs, but are not yet bankrupt.
Re:Trends that will create demand for an Unconditional Basic... by el_zorro on Thursday July 11, 2013 @04:23PM (#6028954)
Surely Social Security wasn't meant to be the biggest item on the Federal Budget. I suppose you can argue about its popularity, but it has become enormous.
Re:Trends that will create demand for an Unconditional Basic... by mncolinlee on Thursday July 11, 2013 @04:39PM (#6029072)
Would you mind mentioning any one thing which federal government does which should be more costly than providing a livable income to everyone over the age of 65?

Our Federal Government is not responsible for most of the major functions of governance because our states cover most functions. Also, we aren't at war with a major foreign power.

Re:Trends that will create demand for an Unconditional Basic... by Zaytes on Thursday July 11, 2013 @05:23PM (#6029314)
Prop 13 in California
Re:Trends that will create demand for an Unconditional Basic... by beachstartup on Thursday July 11, 2013 @01:23PM (#6027489)
see welfare vs. disability
Re:Trends that will create demand for an Unconditional Basic... by 127001brewer on Thursday July 11, 2013 @02:39PM (#6028175)
As I have just posted elsewhere in this thread, disability seems to be a type of "basic income". [1]

[1] http://apps.npr.org/unfit-for-work/

Edited for clarity.

Re:Trends that will create demand for an Unconditional Basic... by pille on Thursday July 11, 2013 @04:38PM (#6029063)
One of the biggest problems with disability pay is the barrier it creates to joining the workforce. Losing payments when you get employed is a huge disincentive to looking for employment. That's the opposite of what UBI is trying to do.
Re:Trends that will create demand for an Unconditional Basic... by tomjen3 on Thursday July 11, 2013 @02:20PM (#6027991)
Ah, but that is a feature, not a bug.
Re:Trends that will create demand for an Unconditional Basic... by ahoy on Thursday July 11, 2013 @02:55PM (#6028312)
I don't follow, do you care to elaborate? Are you suggesting that welfare programs are designed to be unpopular/to be stigmatizing?
Re:Trends that will create demand for an Unconditional Basic... by TeMPOraL on Thursday July 11, 2013 @04:13PM (#6028869)
In current job-valuing society, yes.