> Unlike establishing price floors as things like the farm subsidies do and which encourage over production of unneeded goods While the programs are certainly

> Unlike establishing price floors as things like the farm subsidies do and which encourage over production of unneeded goods While the programs are certainly not perfect, part of that is by design. The idea is to overproduce storable goods now, when you can, in case you cannot produce food in the future (crop failure, war, etc.). > And the software engineer making six figures? She might take here bi-weekly BI check and help others, or go out to dinner at a fancy restaurant, or save it for a durable goods purchase. For her, its like "free money" so its easy to spend (which also helps the economy). Given that a $100K salary puts one in the top 7%[1], wouldn't you have a different inversion layer here? i.e. The taxes paid to support basic income will exceed the income from basic income. As a result, I don't see it becoming 'free money' in the eyes of such people, it will be something to cling on to because it and more were earlier taken away. [1] http://en.wikipedia.org/wiki/Personal_income_in_the_United_States http://en.wikipedia.org/wiki/Personal_income_in_the_United_S...