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View Diary: How to Cut the Poverty Rate in Half: A Universal Income For All (73 comments)

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  •  I was saying that if it was excessive or "Too" (0+ / 0-)

    much of a subsidy.  I do not think $2,900 is too much but I am not sure if it is enough either.  It would be rather difficult to hit the sweet spot on that type of system.

    "Perhaps the sentiments contained in the following pages, are not YET sufficiently fashionable to procure them general favour..."

    by Buckeye Nut Schell on Thu Nov 07, 2013 at 04:20:49 PM PST

    [ Parent ]

    •  This is based on a calculation of what it would (1+ / 0-)
      Recommended by:
      GleninCA

      take to cut official unemployment in half by getting people just over the poverty line. That does not set the amount in stone. It merely starts the conversation.

      When the idea gets traction (presumably after the coming complete Republican implosion, and the inauguration of the second Era of Good Feelings) we can discuss what level of not-quite-poverty and just-under-the-line-poverty has majority support, and then we can discuss ratcheting payments upward from time to time above what the COLAs would provide. Along with funding education, infrastructure, regulation, environmental cleanup, and so forth.

      Ceterem censeo, gerrymandra delenda est

      by Mokurai on Thu Nov 07, 2013 at 05:53:43 PM PST

      [ Parent ]

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