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So the current leisure class will not be helped at all by a BI, relative to what they already have. Since you think a BI will save money, could you do a back o
by yummyfajitas 10y ago
So the current leisure class will not be helped at all by a BI, relative to what they already have.
Since you think a BI will save money, could you do a back of the envelope calculation illustrating how that would work? I can't see how (for example) 10M on welfare + 1M administrators could possibly be cheaper than 100M on welfare.
- oftenwrong 10y agoRelevant: If We Can Afford Our Current Welfare System, We Can Afford Basic Income https://medium.com/basic-income/if-we-can-afford-our-current-welfare-system-we-can-afford-basic-income-9ae9b5f186af#.2yyq7pacn https://medium.com/basic-income/if-we-can-afford-our-current...
- yummyfajitas 10y agoThose numbers suggest about 10% overhead. Giving free money to 900% more people in order to save 10% on overhead is not a cost saving strategy. Your article proves my point, even though it goes to great effort not to admit that.