It Is Time For Basic Income

Re:It Is Time For Basic Income by drblast on Saturday March 22, 2014 @03:06PM (#7450366)

And how is that different than eliminating a minimum wage and providing a basic income, other that the basic job is much more complex?

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Re:It Is Time For Basic Income by ycaspirant on Saturday March 22, 2014 @04:54PM (#7450847)

I think the idea is that if you already have a basic income, then you probably would not be motivated to work for such low wages.

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Re:It Is Time For Basic Income by thaumasiotes on Sunday March 23, 2014 @12:00AM (#7452080)

The basic income goes towards making sure the worthless jobs don't get done anyway. It's more like eliminating the minimum wage and then using the existing welfare state mechanisms to float everyone's consumption up to a floor of $20k / year as long as they have a job.

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