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It's a proxy to take a look at potential resource reallocation. It seems grotesque when human beings in Silicon Valley are left with no viable option but to li
by cat-dev-null 11y ago
It's a proxy to take a look at potential resource reallocation.
It seems grotesque when human beings in Silicon Valley are left with no viable option but to live in their cars or under a bridge, while folks tool around in their latest Lamborarri/Ferrambo. If some people can't be meaningfully trained or can't find a means of self-sufficiency, we cannot just allow them to freeze to death on the street. It's not civilized. (I asked and found out that a male on street without disabilities in Santa Clara County receives only ~$5/day in cash and ~$4/day for food.)
Certainly more people in the upper brackets may need to pay something more than now in order for all reach a minimum standard of living, but perhaps not quite as much as billionaires. A gradual tax on all income seems like the fairest, least complicated and straightforward method... say tax starting at $25k USD (adjust for inflation/cost-of-living) , then slope up to something like 35% for most people and 50% for the top end. It's a question really of what quality of infrastructure and social investment is desired, because debt isn't free.
I've also noticed the gradual labor oversupply in first-world, white-collar jobs... there's just not enough work to go around. China, India and others also have tons-tons-tons of unskilled labor as evidenced by frequent usage of more people in-lieu of mechanical equipment for small- & medium-scale jobs. This labor supply/demand imbalance seems attributable to peak global population and increasing productivity/automation.
Perhaps an underestimated crisis is the desperate need for more entrepreneurs to create new businesses which add more jobs in order to utilize more untapped, idle value, especially of groups which are traditionally marginalized from interviews, not just because of PR value, but some groups are really good at some things. (Autistic spectrum personalities seem to be quiet good at sorting/organizing/labeling, etc.)