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In this context, "preparedness" seems to mean "liquid savings," since we're talking about being forced to not work for a period of days to weeks. Are you sayin
by pmiller2 7y ago
In this context, "preparedness" seems to mean "liquid savings," since we're talking about being forced to not work for a period of days to weeks. Are you saying DI should be means tested, and that people should have to exhaust their savings that they worked for before they're eligible for assistance?
- gpm 7y agoRather I believe they are referring to the ability to prepare, i.e. we don't measure people's savings but look at their income level (and perhaps number of dependents) and decide what we think their emergency fund should be. Which seems far more reasonable to me than actually measuring savings. We don't want to punish people for creating emergency funds.
- pmiller2 7y agoNo, it does not, because we don’t want to punish people from becoming unable to work, either.
- gpm 7y agoUh... both of the two proposed systems I was comparing above do that to some extent, so that seems like a non reply.
- pmiller2 7y agoNo, my reply is a statement of how temporary disability benefits are utterly inadequate. See the other subthread for what I think of your proposal to punish people with inadequate emergency funds.
- gpm 7y agoSo what is the "it" in "No, it does not" referring to then? Because no part of my comment addresses whether or not temporarily disability benefits are or are not adequate. Rather it only expresses a preference towards how to implement them under the assumption that you are going to implement them in a means tested fashion.