[FoRK] New Benefits of Marriage Study Actually Hints at the Horrors of Middle Age
J. Andrew Rogers
andrew at jarbox.org
Fri Jan 23 10:11:20 PST 2015
> On Jan 23, 2015, at 9:36 AM, Gregory Alan Bolcer <greg at bolcer.org> wrote:
> Oh. I understand and have heard before. But wouldn't that just re-adjust inflation to the point that basic income wouldn't be a basic living income anymore?
No, you would hopefully set the basic income levels so low that it does not materially change consumption patterns. It might decrease wages a bit.
However, you will still need a welfare system since many people will spend their income on hookers and blackjack instead of rent or food, just like now.
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