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We should see this for what it really is - hidden unemployment benefit for people "working" at Accenture. Or hidden basic income, call it whatever you want. Our
by perfunctory 8y ago
We should see this for what it really is - hidden unemployment benefit for people "working" at Accenture. Or hidden basic income, call it whatever you want. Our level of economic development and accumulated wealth is so great that without these sorts of "stimulus" the majority of the population would be unemployed or work just a couple of days per week [0]. And the conspiracy theorist inside me suspects that the government cannot allow it. With so much free time at their hands people might get creative and get some strange ideas and so on.
[0] http://www.econ.yale.edu/smith/econ116a/keynes1.pdf http://www.econ.yale.edu/smith/econ116a/keynes1.pdf
- astura 8y agoThe most appropriate word I think is "corporate welfare"
- spectrum1234 8y agoExcept that this raises prices. For those on the outside who still need the product or service, the best "stimulus" is efficiency. How can inefficiency help poor people in the long run? Your logic doesn't pass the common sense test.