Korean Job Discussion Forums

[Axiom]

[Captain Corea]

I like the premise behind this idea, but wasn't there just a thread about generations of Britons on welfare??

[mises]

[recessiontime]

I think our attitudes are a bit premature. I doubt the government is willing to entertain the idea.

[Mosley]

Not sure what sergio meant by "low-paid'' work "for the state'', in regards to liberal arts grads. In Canada, at least, a lot of useless liberal arts grads(esp. non-white, non-male, non-Anglophone, etc., ones)get civil service jobs that pay far too much for far too little.

The GAI idea has been around for a long time. It really opened a lot of eyes decades ago when the late, great Milton Friedman proposed his own version of it via the NIT(negative income tax). A lot of his erstwhile allies on the "right" were aghast.

And the "right" is still aghast at such an idea. But let's remember that many on the "left" are aghast at the GAI notion. In Canada, this is manifested by powerful public sector unions, consisting mainly of "workers" who are middle-class, white-collar, university-educated types. They spew a lot of '70s university sociology Marxist kind of notions objecting to the GAI, but really, what they fear is the loss of their cushy gov. jobs in administering pogey, welfare, worker's comp., etc., etc, ....

[Jeonmunka]

You will also find prices for everything will rise in line with the extra cash people have. NZ has the same basic income - it helps people with children but then rents in poorer locations rise and rest assured, prices increase in order to take the pound of flesh off the people.

[liveinkorea316]

The idea of a Univeral basic income is a good one. Prices of basic goods would rise because there would be more people able to afford them its true.

I think that $20,000 is particularly generous though. It should be set just above the poverty line. This means a single living alone would be on basic food and no holidays. That would give anyone a motivation to get out their and earn a living and get a better life no?

It would be however terribly expensive. Taking away free healthcare and making people pay into an insurance scheme is a start. Also making people pay for all education would be good too. That might save enough money.

[Leslie Cheswyck]

Hey, why stop at 20 grand? How about a million?

[madoka]

Here's a video simulation of what would happen:

http://noolmusic.com/comedy_central_videos/chappelles_show_-_reparations_2003.php

[blm]

[blm]

[Fox]

[jvalmer]

I do like the Quebec idea of every resident getting $12,000. It isn't much, but enough to barely cover rent. And if you have a few people living in one home then you can pool the money and hopefully someone in the household is able to work.

Also with that small amount you can start to experiment with cuts to bloated social programs and see if the idea is actually feasible. Maybe even start off with a lower amount of money, say $6000.

[mmstyle]

[blm]