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View Poll Results: If you had a guarenteed income of $1,500 a month you would....
Yes I would keep working 86 64.18%
I would quit and live off 1500 a month 10 7.46%
I would quit to start my own business 12 8.96%
I would work part time-maybe 20 hours a week 11 8.21%
None of these choices would match my behavior 15 11.19%
Voters: 134. You may not vote on this poll

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Old 12-09-2013, 05:26 PM
 
Location: Alaska
7,497 posts, read 5,748,141 times
Reputation: 4880

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Quote:
Originally Posted by residinghere2007 View Post
You do realize that your figures for the $18K include "medicare and social security" programs that are exclusively given to the elderly right....

You should read your link better.

The lower income people in this country who qualify for food stamps and/or Medicaid actually do work. You should get your head out of the partisan poop and especially read your own links.
Actually, you want to read that again. It's disability not retirement.
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Old 12-16-2013, 09:20 AM
 
Location: Palm Coast FL
2,414 posts, read 2,986,472 times
Reputation: 2833
I just thought of something else that would be huge. So many women stay in terrible marriages because they can't afford to leave. I think the divorce rate would initially skyrocket and then level off. Abusive, controlling men would have less of a hold over their wives. It might not be enough to live well, but it would give women the ability to leave and start over. It could have the power to change the whole landscape of marriage by changing the balance of power.

Our church houses homeless families for a week at a time, along with other churches. These are parents who have fallen on hard times, but are working hard to get back on their feet. One of the greatest benefits of living at the different churches on a rotating basis, is that once they get jobs (and they receive help getting jobs), they can save those first few paychecks for a down payment on an apartment. If they also received 1500/mo they could be on their own so much sooner and back to being productive citizens.
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Old 12-16-2013, 09:22 AM
 
Location: North America
19,784 posts, read 15,106,655 times
Reputation: 8527
I'd still work. $1,500 doesn't go far as an only income.
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Old 12-16-2013, 09:45 AM
 
Location: Eastern NC
20,868 posts, read 23,543,034 times
Reputation: 18814
$1500 would cover my mortgage and food but nothing else so I would have to keep working.
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Old 11-12-2014, 04:42 AM
 
Location: South Carolina
3,022 posts, read 2,272,937 times
Reputation: 2168
I think if we did this it would be a great for many people

For people who did not need the money they will spend it at businesses or put it in their kids college fund.
Business would not have to worry about having to pay to high a wage to their employees
Poor people would already have a boost before whatever money they get from the boost and be better off
It would give employees more power in that they may not have to take the first job available since they have money they can live off till they find a good job for them.
It really is a win for everyone.
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Old 11-12-2014, 04:50 AM
 
Location: Long Island
32,816 posts, read 19,475,534 times
Reputation: 9618
Quote:
Originally Posted by Storm Eagle View Post
.............................

...........
...........

It really is a win for everyone.
except the taxpayer
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Old 11-12-2014, 05:01 AM
 
Location: Old Mother Idaho
29,214 posts, read 22,351,209 times
Reputation: 23853
Sure. I'm retired and pretty secure, but I would like to help my grown kids out more than I already do. Some are struggling more than others in these times, and having their back would be a lot of assurance for them all when they needed it.
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Old 11-12-2014, 05:36 AM
 
Location: Phoenix
30,343 posts, read 19,138,862 times
Reputation: 26238
1500/mo is poverty. Yes, I would keep working. I can't seem to get by on less than $7K/mo spending currently....so the amount at which I wouldn't have to work would be about $10K/mo. I have friends that won $6M in the Washington lottery and both kept working their same jobs. Considering the long hours I currently work, I would stop working and just manage my investments if/when I get up to that $10K/mo.
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Old 11-12-2014, 05:49 AM
 
Location: DFW
40,952 posts, read 49,166,535 times
Reputation: 55003
Most of us are reasonable and educated enough to put that money to good use.

I have several old friends that $1500 a month would allow them to buy more drugs and booze.
It would only help to send them to an even earlier grave.
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Old 11-12-2014, 06:02 AM
 
24,832 posts, read 37,334,167 times
Reputation: 11538
I could get by on $1500 a month.

We have gotten by on far less.

I remember years ago I would not give my husband $5 to buy donuts when it was his turn by buy for their fishing group.

I had the money......but, was saving for a back-hoe.

Yes, I could........but, I won't.
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