The US economy moved from a capital goods basis to a #consumer goods basis a century ago. An #economy like that needs high incomes for all to ensure the consumption rates needed. Without a #MaximumWage and a high #GuaranteedMinimumIncome, the whole thing will inevitably collapse.

The Road Not Taken Is Guaranteed Minimum Income

https://blog.codinghorror.com/the-road-not-taken-is-guaranteed-minimum-income/

#HackerNews #GuaranteedMinimumIncome #RoadNotTaken #IncomeInequality #SocialSafetyNet #CodingHorror

#TIL that an employer doesn't have to pay workers while they're on jury service, and the state only pays a daily lump sum for expenses that wouldn't cover 2 hours on Living Wage.

Yet another good argument for guaranteed minimum income, paid automatically, no need to apply (instead you can apply to opt out).

@simplicitarian
@Br3nda @essjax @leighelse @BobLefridge

#PolicyNZ #GMI #GuaranteedMinimumIncome