I might just be dense, but how does this work without running itself dry? We can’t just give away resources without the collection of resources. If everyone gets a living wage, then there is no guarantee that the jobs people used to work will continue to work. Unless we reach full-scale automation, I know the heavily indebted chicken farmers would love to stop working, as would other underpaid or over stressed workers.
Not to mention, if this is government-paid money, the government is either borrowing, taxing, or running dry. Taking $1000 now only to pay more to the government later […]
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