georgephillip
Diamond Member
Tea-Party types and Occupiers should be able to agree the US has reached a point where advances in automation have made "...the need for human labor obsolete in many cases."
The Most Serious Issue Facing America and the World US Message Board - Political Discussion Forum
There is an old idea to this problem that even Dick Nixon and George McGovern agreed to support in their '72 presidential contest, and Dick and George didn't agree on much that year.
Martin King also found the idea workable:
"In 1967, Martin Luther King Jr. said, 'The solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.' Richard Nixon unsuccessfully tried to pass a version of Friedman’s plan a few years later, and his Democratic opponent in the 1972 presidential election, George McGovern, also suggested a guaranteed annual income."
In 2012 there were 179 million Americans between 21 and 65 (when SS would take over). The poverty line was $11,945. This means giving each American an income equal to the poverty line would cost $2.14 trillion.
Cutting all federal and state benefits for eligible Americans would save about $1 trillion a year.
The Conservative Case for a Guaranteed Basic Income The Atlantic
The Most Serious Issue Facing America and the World US Message Board - Political Discussion Forum
There is an old idea to this problem that even Dick Nixon and George McGovern agreed to support in their '72 presidential contest, and Dick and George didn't agree on much that year.
Martin King also found the idea workable:
"In 1967, Martin Luther King Jr. said, 'The solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.' Richard Nixon unsuccessfully tried to pass a version of Friedman’s plan a few years later, and his Democratic opponent in the 1972 presidential election, George McGovern, also suggested a guaranteed annual income."
In 2012 there were 179 million Americans between 21 and 65 (when SS would take over). The poverty line was $11,945. This means giving each American an income equal to the poverty line would cost $2.14 trillion.
Cutting all federal and state benefits for eligible Americans would save about $1 trillion a year.
The Conservative Case for a Guaranteed Basic Income The Atlantic