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Well, I think you can overdo it. Yang's proposal was $1k/mo, which seems more like the sweet spot.
by Reedx 6y ago
Well, I think you can overdo it. Yang's proposal was $1k/mo, which seems more like the sweet spot.
- ThrowawayR2 6y agoIt'll never stay $1k a month because voters will vote in politicians that will increase it, year after year. We've already seen this happen with the US Social Security program. Why repeat something that is known not to work?
- Reedx 6y agoYeah, was hoping to hear how he planned to address that (unless I missed it?). It'd need to be indexed to something or have other hard controls to prevent that spiraling: "Vote for me, I'll increase it to $2k" "No, vote for me, I'll increase it to $3k!"
- zelly 6y agoThere are no controls. Once you put something like that in place and create a dependent population, there is no going back. It would take a violent revolution to repeal it.