I'm talking to some socialist and they're like "GBI" and I'm like "me too, GBI" and they're "$2000/month" and I'm "the hell you say"
@lulach_cuardach @simplic10 @ArthurFrDent actually this is an advantage: GBI properly implemented removes welfare traps.
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@lulach_cuardach@simplic10@ArthurFrDent Low GBI + no welfare penalty for working a low-paid job means poor are more incentivized, not less -
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@lulach_cuardach@simplic10@ArthurFrDent No. This is flat-out absurd. You need to think harder about what 'enough to live on' means. -
@lulach_cuardach@simplic10@ArthurFrDent Then about incentive structures and welfare traps (poor are not magically immune to incentives). -
@lulach_cuardach@simplic10@ArthurFrDent nb. revenue neutral GBI would be about $400/mo under current budget conditions. -
@lulach_cuardach@simplic10@ArthurFrDent Poor on welfare don't work because they are aggressively penalized--eff. marginal tax rate ~90%+ -
@lulach_cuardach@simplic10@ArthurFrDent "enough to live on" means a) don't have to eat out of dumpsters b) don't sleep in woods. -
@lulach_cuardach@simplic10@ArthurFrDent nb: the current system fails miserably at achieving that level of support, because - 2 more replies
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@St_Rev I'm a hesitant supporter of GBI, but "properly implemented" is a worrying caveat. -
@gattsuru Oh yes. We're doomed, I realize. I think it likely that 'properly implemented' is impossible. -
@gattsuru This is why Milton Friedman dropped his support for GBI back in the Nixon administration--it mutated into EITC.
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.