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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (10082)	1/27/2006 4:35:09 PM
From: TimF	Read Replies (1) \| Respond to of 541777

The "asset" is not durable enough to inherit. It ends when the person who dies ends. I'll tell you what. I will sell you all my wages earned after I die for just $1000. I'll open up the offer to all takers, first come first serve. Hello? Anyone? Also it would be pretty hard to trade. 1 - It is indeterminate. It can change. So can other incomes streams but they are often a little more predictable. Not a fatal flaw but perhaps the next two are. 2 - Once it is sold the person doing the earning has no incentive to keep earning. Even if he doesn't quit, or work so poorly as to be fired, he loses the incentive to make the extra effort to get raises and promotions, or at least loses the financial part of the effort without which many people will not work hard, or will not work at all. 3 - If you can somehow make someone work hard to continue the income stream than you are effectively allowing people to sell themselves in to slavery. Some people might argue that it should be allowed but if that is your argument you will find it hard to win support. Tim