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Why not both? The economy is healthier with safety nets that prevent people from "dropping out" of the economy through homeless, excessive debt, being trapped
by InclinedPlane 8y ago
Why not both?
The economy is healthier with safety nets that prevent people from "dropping out" of the economy through homeless, excessive debt, being trapped under huge debt burdens that limit their options, etc.
But the economy is also healthier when it is fully participatory. When only a small slice of the public has any significant amount of discretionary spending the economy tends to stagnate.
- Veelox 8y agoThe biggest change to safety nets I want to see is the restructuring of benefit phase out because currently people get in a position that earn more money will decrease their standard of living. That is an awful thing for them and for society.
- orangecat 8y agoYes. That's why the argument against basic income of "it removes people's incentive to work" is so frustrating; to the extent that it's true, it's even more true of the current system.