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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (937305)	5/27/2016 10:32:20 PM
From: TopCat	2 Recommendations Recommended By i-node jlallen Respond to of 1578513

Insane....but when you read the article you learn that anyone can put something up for vote in Switzerland and it's expected to be soundly defeated. The Swiss aren't that stupid. However, it seem that a guaranteed minimum income is gaining traction all over the world. It seems that the failures of socialism have to be learned over and over again.

To: i-node who wrote (937305)	5/27/2016 10:51:01 PM
From: Wharf Rat	Respond to of 1578513

"do you have any idea how stupid that sounds?" I wasn't the one who put on their ballot. However, it's a Republican plan. Only the amount has been changed. Guaranteed Annual Income legislation In August 1969, in the eighth month of his presidency, Richard Nixon delivered a speech proposing the replacement of AFDC with a program that would benefit “the working poor, as well as the nonworking; to families with dependent children headed by a father, as well as those headed by a mother.” In case the point was missed, he continued: “What I am proposing is that the Federal Government build a foundation under the income of every American family with dependent children that cannot care for itself — and wherever in America that family may live.” Guaranteed annual income had arrived. From the margins of economic thought just a generation earlier, the GAI was now at the heart of President Nixon’s domestic policy agenda in the form of the “Family Assistance Plan” (FAP).... For a family of four without any other income, the FAP would provide $1,600 (2013: $10,121). But a family that did have income from employment would get a declining amount of FAP dollars until family income reached $3,920 (2013: $24,798). A family of four that had been earning $12,652 in 2013 dollars would have had its income increased through the FAP to $18,725. Ultimately, the vast majority of benefits would have gone to the “working poor,” a significant departure from then-existing programs that denied welfare benefits to those who were employed. The FAP sailed through the U.S. House of Representatives comfortably, 243 to 155, but stalled in the Senate. remappingdebate.org