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Old 11-18-2013, 08:53 AM
 
Location: 125 Years Too Late...
10,869 posts, read 10,559,706 times
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Quote:
Originally Posted by TrapperJohn View Post
There is already a basic income.
Yes, it's called minimum wage. But even that requires some effort beyond breathing.
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Old 11-18-2013, 08:54 AM
 
Location: Texas
43,534 posts, read 52,616,956 times
Reputation: 70761
You cannot end poverty bc it is relative.

You can, however, waste a lot of time and money trying to make equal things that unsustainable.
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Old 11-18-2013, 08:55 AM
 
Location: Fort Worth Texas
12,482 posts, read 8,831,453 times
Reputation: 2527
Quote:
Originally Posted by John1960 View Post
A simple idea for eliminating poverty is garnering greater attention in recent weeks: automatically have the government give every adult a basic income.

The Atlantic's Matt Bruenig and Elizabeth Stoker brought up the idea a few weeks ago when they contemplated cutting poverty in half, and Annie Lowrey revisited it in today's issue of the New York Times Magazine.

American basic income: An end to poverty?
Pure socialism does not work
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Old 11-18-2013, 08:57 AM
 
7,307 posts, read 3,767,473 times
Reputation: 3789
Quote:
Originally Posted by wjtwet View Post
Pure socialism does not work
Agreed. Pure capitalism doesn`t either.
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Old 11-18-2013, 08:58 AM
 
51,859 posts, read 41,758,040 times
Reputation: 32364
Quote:
Originally Posted by urbanlife78 View Post
I worked 40 hrs a week while doing college full time, worked overtime during my summers, paid rent, bills, and food and still had to build up loans to afford to go to college because the cost of college have risen much faster than inflation making it much harder to go to college debt free without having wealthy parents. Granted I had to take go a few extra years due to only being able to afford part time from time to time, though I am much luckier than most because my debt isn't that high, but it would make more sense to have people graduate debt free, this also includes eliminating useless degrees that do nothing but rack up heavy debt with little reward.
I'm well aware of the increased costs of college. I have 4 kids in highschool as we speak.

Yeah, debt free college is darn near impossible for the average kid.

SOME debt isn't a bad thing, it does impact consumer choices acting in many ways like a deductible works on insurance policies. When you completely disconnect the consumer from the price, bad things happen IMO.

As for "useless degrees" that's a whole other can of worms.
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Old 11-18-2013, 09:00 AM
 
15,733 posts, read 9,242,575 times
Reputation: 14212
Quote:
Originally Posted by John1960 View Post
A simple idea for eliminating poverty is garnering greater attention in recent weeks: automatically have the government give every adult a basic income.

The Atlantic's Matt Bruenig and Elizabeth Stoker brought up the idea a few weeks ago when they contemplated cutting poverty in half, and Annie Lowrey revisited it in today's issue of the New York Times Magazine.

American basic income: An end to poverty?
Where would the money come from to "pay" these folks? Taken from the "rich"? And how long will those rich work hard to have their money stolen to give to others?
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Old 11-18-2013, 09:00 AM
 
25,630 posts, read 30,408,337 times
Reputation: 23112
Quote:
Originally Posted by gmagoo View Post
Agreed. Pure capitalism doesn`t either.
It works perfectly as NATURE intended. It weeds out the weak and sick very quickly making the collective stonger. Arn't you NeoProgs all about being one with Nature?
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Old 11-18-2013, 09:03 AM
 
Location: Palo Alto
12,172 posts, read 7,036,737 times
Reputation: 4175
Quote:
Originally Posted by Mathguy View Post
I'm well aware of the increased costs of college. I have 4 kids in highschool as we speak.

Yeah, debt free college is darn near impossible for the average kid.

SOME debt isn't a bad thing, it does impact consumer choices acting in many ways like a deductible works on insurance policies. When you completely disconnect the consumer from the price, bad things happen IMO.

As for "useless degrees" that's a whole other can of worms.
I don't think any degree can be classified as worthless. There are many that aren't a good value from an economic perspective, but any education holds some value.
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Old 11-18-2013, 09:06 AM
 
Location: Portland, Oregon
46,053 posts, read 29,499,569 times
Reputation: 7830
Quote:
Originally Posted by TrapperJohn View Post
I don't think any degree can be classified as worthless. There are many that aren't a good value from an economic perspective, but any education holds some value.
I should rephrase my statement, not necessarily get rid of useless programs, but programs like philosophy should be really tiny and hard to get into and only for those that wish to go on to things like teaching.
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Old 11-18-2013, 09:20 AM
 
Location: Tennessee
34,667 posts, read 33,667,394 times
Reputation: 51854
When you give everyone a basic income then, whatever that dollar number is, becomes the new poor because the census defines poverty only by income. If you only make $30,000 a year but you have two TVs, a house, a dog, 2 cars, air conditioning, computer, expensive sneakers, a washer/dryer, some type of game, etc., the government still calls you poor because they don't include how much "stuff" you have.
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