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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (20524)5/23/2009 8:05:21 PM
From: RJA_2 Recommendations  Read Replies (2) | Respond to of 71475
 
Yes, I read that. Not good.

Basic issue:

Is there enough work to give folks a basic income?

My guess is no.

Which then, is why you need some make work. It is the price of social stability.

Of course, there is a whole spectrum of make work, from the genuinely useful but not necessarily in the budget to useless but keeps person occupied and out of trouble, and with a modicum of dignity.

And then who pays for it?

But then, who pays for AIG, BA, JPM, GS, etc.?

It has been said, when you are young if you are not a liberal you have no heart, and when you are old, if you are not a conservative you have no brain.

In this case, it may be cheaper and safer to have a heart.

In other words -- be conservative by preventing social unrest before it starts.

The other thought is -- much work can and should be done by robotics. What then do you do with the excess people?

It is not a satisfying answer in my book to say "f*ck em".

Of course, population control goes hand in hand with this.

Practical? Probably not.