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Old 11-23-2020, 11:26 AM   #6857
NobodyHere
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Join Date: Nov 2013
Quote:
Originally Posted by Edward64 View Post
The article basically says the impact of Covid has gotten some European countries to think about universal income and some are piloting it.

For purely selfish reasons, I would love to see it happen. I could live on $1,423 a months + savings (until SSN kicks in) if that meant not having to work again. But as a realist and just like how large number in the US has a different take on guns vs ROW, we have a different mentality ... I just don't see it happening universally in the US.

However, I am very interested in the results of the trials/pilots.

https://www.cnn.com/2020/11/23/econo...mic/index.html

I would love to see it happen too. I would strongly consider retiring.

However I am skeptical of it working right now. How will it affect inflation? How will we pay for it? We're looking at 3 trillion dollars a year for the US minimum. How will it affect the labor force?

With that said, I really hope some country (that's not mine) does give it a full scale run instead of these measly tests that have come in the past. I'd be extremely interested in the results.
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