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But, on the other hand, there might be dozens of Elon Musks each generation if people didn't have to worry about their children falling into poverty because the
by damon_c 13y ago
But, on the other hand, there might be dozens of Elon Musks each generation if people didn't have to worry about their children falling into poverty because the idea they quit their job and spent their savings trying to execute didn't take off.
Or, imagine during that crucial make or break period, being able to go cut the founder of the electric car company you're working at a little slack with payroll because you already had a check coming in each month that covered your rent and data plan.
- bsbechtel 13y agoYour first comment is a fair point, although the article is about not having to work and taking from those who are rich to pay for it, not providing a safety net so entrepreneurs could try risky thing. To your second point, I'm not convinced that would happen...even if it did, labor is a fairly small portion of an auto company's costs (I think at one point I saw around 20%).