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I would still want more of a lifestyle than what $1,100 month could afford me.
LOL. Yup, I think most people would. Its why the amount of basic income is important. We want enough to be OK, but not so much that that lifestyle desire is met.
hmmmm you know that is about the amount of Federal taxes I pay a month. How about they just give me the money I earn and let me decide to do what I want with it. If you want to tax me 3% federal sales tax on everything I buy go ahead. This way everyone pays something and its small enough number put the spending we do will also increase. With an extra 1000 dollars a month in my pocket. <-- that I earned. What I find interesting 1000 dollars a month in this story in the question comes from thin air. :-) Must be the federal reserve printing press.
hmmmm you know that is about the amount of Federal taxes I pay a month. How about they just give me the money I earn and let me decide to do what I want with it. If you want to tax me 3% federal sales tax on everything I buy go ahead. This way everyone pays something and its small enough number put the spending we do will also increase. With an extra 1000 dollars a month in my pocket. <-- that I earned. What I find interesting 1000 dollars a month in this story in the question comes from thin air. :-) Must be the federal reserve printing press.
The federal reserve in Germany?
Go read the article. You apparently did not do so.
Many of the tech 'experts' think that the rich will share so we can all have a brighter future. I don't think that will happen; nobody volunteers to give up power and money. Of course, if that happens, it might lead to total anarchy.
Then, going back to your question, I don't think anytime is a good time to ask the shrinking middle-class to dig deeper. I want to see if a problem solver/business leader can get us on track.
Also very familiar with that as well. In fact I have written a fair bit of software that automated jobs away.
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Many of the tech 'experts' think that the rich will share so we can all have a brighter future. I don't think that will happen; nobody volunteers to give up power and money. Of course, if that happens, it might lead to total anarchy.
LOL. Like you I find this laughable. Eventually it will be true, when doing so is such a pittance that its irrelevant, but that eventually is a long long long ways away.
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Then, going back to your question, I don't think anytime is a good time to ask the shrinking middle-class to dig deeper. I want to see if a problem solver/business leader can get us on track.
Given that the vast majority of the gains is going to the top 1%, its not the middle class that should feel the burden. They in fact should remain pretty unaffected. but nothing here convinces me that now is the time. Will it be in the future? Absolutely, but I think its going to have to be driven by other countries providing a example, while we are trying to deal with rising unemployment. And that is simply not the case at the moment.
it's gonna depend on their backgrounds. if you give a poor person that money, they most likely won't have their lives improved. if you give an upper middle class person that money, they most likely will.
But what if the poor person is currently living at a survival limit, just enough to eat and maybe a roof over the head? You don't think that enough to do more since they would not be primarily worried just about survival wouldn't allow them to persue other goals which are impossible before? Or in your view are poor people poor because they don't try to do better?
The middle class sorts I know would just go spend more money on stuff. Materialism and showing it off is much in style and that would just buy more toys.
Money enough to give a decent place to live and an expectation that it won't dissapear makes it possible to get past the mindset of the limitations of being poor.
In many places that would still make you poor. Its close to the SSI amount in higher cost states. If you lived in a lower cost state and gave the same it would be a bit more of a help.
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