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Nah, I can go to the library to use high speed internet (and they even supply the computer) and I can get me a free Obamaphone....
Honestly, I'm to the point that I think I could live a very simple lifestyle in exchange for not having to work for a living. There are lots of free resources and I'd have time to work out and cook meals from scratch. There are libraries where you can borrow books and movies and use the internet, parks and public transportation which is inexpensive. I could chill out and read all kinds of books and watch movies. I could check the news on the internet at the library. Net flix is only $7.99/month and places like Panara Bread have free internet for their customers. Buy a bagel and watch shows on Net Flix.
Where do I sign up?
Sure you would. For a month, maybe. Then you would miss your smart phone and your car and your Internet access and simply being able to go out to eat or see a movie or take a vacation once in a while. Very few people in today's world would be satisfied with simply surviving without anything else that our society affords. And that's all basic income would cover--simple survival. You will not starve nor die of exposure for lack of shelter.
Do you agree that food and shelter should be a basic birthright for all humans on the planet?
The incentive to work will be if you want to have anything outside of the very basics you need to survive, i.e., shelter and food, something that should be a basic birthright of every human being on the planet. If you want a smart phone or a car or high speed Internet or the means to do anything outside of simply surviving, you will have to earn the money for those extras. But there would no longer be homeless people living on the streets or children going to bed hungry every night.
There would indeed be people living on the streets still. Most are mentally ill and do it out of choice. There is already no need for any kid go to sleep at night hungry. People can eat well on our current food stamp program. Any kid not eating is doing so because of the parents bad decisions, which isn't going to change with money being handed out as opposed to food stamps.
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Covering the most basic needs of human beings is a humane philosophy. In a world of such abundance, no one should be going hungry or homeless. Will some people be satisfied sitting around doing nothing? Probably. But how many here would want to forego everything else to sit at home and have nothing else other than basic shelter? It may sound great in the short term, but eventually everyone would want more and would be willing to work for it.
And removing the constant fear of financial hardship would actually open up a lot of human creativity.
How many can be discussed when you come up with a legitimate argument as to why. We already are providing the access to all of the things you claim are lacking.
Giving income with no increased production is inflationary; the cost are as always passed on to consumers. Its no different than seeing those house not backed by production based on income. It created a bubble since it in reality was like expanding money supply not supported by producing anything. to back it up. Probably the worse bubble we have now is government sending increase not support by any GDP growth and it will have long term effect just has Greece has found out.70% of production cost is labor by time it gets to consumer. which means higher cost factor by far without saleable production increase.
Giving income with no increased production is inflationary; the cost are as always passed on to consumers. Its no different than seeing those house not backed by production based on income. It created a bubble since it in reality was like expanding money supply not supported by producing anything. to back it up.
That is not an issue if the incentive to produce is preserved. That means continuing with taxation and making sure the basic income is low enough to entice people to earn more cash.
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Originally Posted by texdav
Probably the worse bubble we have now is government sending increase not support by any GDP growth and it will have long term effect just has Greece has found out.70% of production cost is labor by time it gets to consumer. which means higher cost factor by far without saleable production increase.
Greece is NOT monetarily sovereign. Stop comparing Greece to the United States. Greece is a currency user. The United States is a currency issuer.
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