4 ms·
I'm not exactly sure where the meme of giving a minimal guaranteed income came from (and I only mention it because this seems to be along the similar lines). Ho
by programminggeek 13y ago
I'm not exactly sure where the meme of giving a minimal guaranteed income came from (and I only mention it because this seems to be along the similar lines). However, it is worth noting that income inequality has as much to do with the middle class as it does the poor.
I'm not exactly pro-union as they tend to outlive their usefulness, but in the absence of something similar, the average employee basically gave up their bargaining rights probably decades ago and since then the people at the top who know how to bargain are getting ahead faster than anyone else.
I don't know if a guaranteed income for the poor would help out a lot and I don't know how you would even pay for such a program. What I do know is in a consumer driven economy, more money is made by all if people are spending it, and the people at the top who get paid the most just don't spend enough to keep things moving up and to the right forever.
I do agree with the idea that somehow people lower on the economic ladder need to get paid more and that would benefit society as a whole. Heck, even Henry Ford seemed to understand that point. Somehow, that notion has been lost on modern society and I find that to be somewhat sad.