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Economy
See other Economy Articles

Title: Inflation of basic income items
Source: PandaWhale.com
URL Source: http://pandawhale.com/post/65290/inflation-of-basic-income-items
Published: Jul 14, 2015
Author: Joyce Park
Post Date: 2015-07-14 18:31:03 by TheFireBert
Keywords: welfare, needs, wants
Views: 1194
Comments: 5

"Whenever we talk about anything involving a basic income -- whether today's concepts of minimum-wage jobs and welfare, or tomorrow's concepts of the gig economy and guaranteed minimum income -- we're also talking about what people REALLY NEED to just be living decently in the world. Turns out that the things that make old people crazy on Fox News -- welfare recipients have cable TV and buy fancy clothes [and Obama-phones (TFB)]! -- are far cheaper than they used to be, and therefore are rational decisions for the poor. The problem is that the truly important investments of life -- health, education, nutrition -- have become more expensive."

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#1. To: TheFireBert (#0)

Education, food, drink, child care, health care and vehicle maintenance are essential. TVs, cellphones, computers and toys are not.

Kluane  posted on  2015-07-14   18:52:09 ET  Reply   Trace   Private Reply  


#2. To: TheFireBert (#0)

There is no inflation - the Emperor has decreed it so. So Let It Be.

Any rumors to the contrary are just examples of racism by Fox News, Right Wing Talk Radio, or republicans.

Rufus T Firefly  posted on  2015-07-14   19:57:56 ET  Reply   Trace   Private Reply  


#3. To: Kluane (#1)

Education, food, drink, child care, health care and vehicle maintenance are essential. TVs, cellphones, computers and toys are not.

I believe you summed up the intent of the article succinctly. This nation has a "priorities crisis", the only type of crisis that the President will surely let go to waste.

I also believe that the essentials are not going to be a target of looting during riots, yet besides the rare picture of someone stealing toilet paper before torching a CSV, they will most likely go for the TVs and malt liquor...

By the way, if anyone completes that last sentence and criticizes me for it, they would be a racist.

TheFireBert  posted on  2015-07-14   20:24:39 ET  Reply   Trace   Private Reply  


#4. To: TheFireBert (#3)

" before torching a CSV, they will most likely go for the TVs and malt liquor... "

I agree with you, so if that makes me "rassis" TS!

Si vis pacem, para bellum

Stoner  posted on  2015-07-15   7:25:27 ET  Reply   Trace   Private Reply  


#5. To: Stoner (#4)

lol

TheFireBert  posted on  2015-07-15   7:47:33 ET  Reply   Trace   Private Reply  


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