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Floridagold @ 11:13 re America is running out of jobs. It’s time for a universal basic income.

Posted by Mr.Copper @ 12:20 on September 9, 2014  

part, [revised]:
“With weak job growth, rising poverty, and [China] continuing to devour nearly all [global] economic growth, it’s an idea that is [returning from the ’40s] gaining more credence. Arguments for a universal basic income (UBI) [minimum standard wage] — in which everyone without exception would receive an equal stipend”

comment:
But even that’s no good, because cost of living is so different in many areas of the country. A set “Dollars” is no good. The “standard” should be defined as the total cost, in the area, of a studio apartment, food, and a well used car.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.