This is what happens when you refuse to use math to engage an issue like GBI: pure blather.http://mobile.nytimes.com/2016/06/01/business/economy/universal-basic-income-poverty.html …
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Replying to @St_Rev
1) Obviously you aren't just handing a flat $5000 or $10000 to every citizen. You rework the tax curve so it's net neutral for most.
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Replying to @St_Rev
2) There is a bullet that needs biting here--three related ones, really--but this column fails entirely to recognize them.
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Replying to @St_Rev
2a) Are you going to let the worst off, many of whom aren't capable of navigating the welfare system, sleep under tarps in the woods?
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Replying to @St_Rev
2b) Is it useful and a good work incentive to subject marginal workers to far higher effective marginal tax rates than the rich?
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Replying to @St_Rev
2c) Is it constructive to maintain a class of professional hoop-holders so the worst-off can be made to jump through said hoops?
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Yeah, there'd be some social upheaval just from that part. I dunno.
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.