Monday, July 28, 2014
Universal Basic Income.
Max Ehrenfreund has some well-thought words about guaranteed income. The basic idea is that as income-indexed reduction in assistance actually acts as an unfair tax on the poor. Since then, he has expanded on the theme in the Washington Post. And David Atkins added more depth to his thoughts in the Washington Monthly. In some form this should be appealing to both sides of the aisle because if it is done right a great big bit of government bureaucracy can be simplified while we significantly improve the lives of those at the bottom of the economic scale. I've heard an interesting counter-argument that the misery of American poverty is a major deterrent to completely uncontrollable illegal immigration.