And speaking of your grandfather's job ...

[OldJourno]

With automation taking over more and more jobs, will there come a time when the federal government will devise a formula and require businesses to pay into Social Security and Medicare for each machine that replaces a human?
Seriously.

 

[KingOrfeo]

More likely there will come a time when government provides everybody with a guaranteed minimum income.

 

[BotanyBoy]

More likely there will come a time when government provides everybody with a guaranteed minimum income.

Gawd forbid we just let them hustle their own money up....NO!!!

Making money for oneself is EVIL!!!! HORRIBLE CAPITALISM!!! OH NOES!!!

Right KO?

But then again how would the 0.1% maintain their power if they can't force everyone onto a stipend which they are forced to spend at government approved stores only.

I'm sure that will totally go over well here in the USSA.

 

[OldJourno]

More likely there will come a time when government provides everybody with a guaranteed minimum income.

Figures. I come up with a "penalize the innovator" tax liberals love as the premise for a thread, and KO marches on a half-mile to the left with something that cannot possibly work.
Why not just test children at the end of second grade. Those who fail will be groomed for technical or management jobs or careers in the military.
Winners will focus on classes such as Reading for Pleasure and Advanced Sudoku, or will train for careers as professional athletes or lifetimes as casual athletes.
A sought-after dual major will be Reading for Pleasure/Golf, and all eyes will be on Congress as it determines how many free rounds of golf per month will be allowed in conjunction with free downloads per month for e-readers.

 

[KingOrfeo]

Figures. I come up with a "penalize the innovator" tax liberals love as the premise for a thread, and KO marches on a half-mile to the left with something that cannot possibly work.

It works where it works.

Minimum income examples around the world

Cyprus

In July 2013, the Cypriot government unveiled a plan to reform the welfare system in Cyprus and create a ‘Guaranteed Minimum Income’ for all citizens.[16]

France

In 1988, France was one of the first countries to implement a minimum income, called the Revenu minimum d'insertion. In 2009, it was turned into Revenu de solidarité active (RSA), a new system which aimed at solving the Poverty trap by providing low-wage workers a complementary income; thus encouraging activity.

United States

The United States has multiple social programs that provide guaranteed minimum incomes for individuals meeting certain criteria such as assets or disability. For instance, Supplemental Security Income (SSI) is a United States government program that provides stipends to low-income people who are either aged (65 or older), blind, or disabled. SSI was created in 1974 to replace federal-state adult assistance programs that served the same purpose. Today the program provides benefits to approximately eight million Americans. Another such program is Social Security Disability Insurance (SSD or SSDI), a payroll tax-funded, federal insurance program. It is managed by the Social Security Administration and is designed to provide income supplements to people who are physically restricted in their ability to be employed because of a notable disability, usually a physical disability. SSD can be supplied on either a temporary or permanent basis, usually directly correlated to whether the person's disability is temporary or permanent.

Other countries

Brazil: Bolsa Familia[18]
Canada: each province is responsible for implementing their program, in Québec it is known as Bien être social or social welfare
Denmark: Social Bistand
Finland: Toimeentulotuki
Germany, Liechtenstein, Austria: Sozialhilfe
Iceland: Félagsleg aðstoð
Ireland: Supplementary Welfare Allowance / Family Income Supplement
Luxembourg: revenu minimum garanti (RMG)
Netherlands: algemene bijstand, Wet werk en bijstand
Norway: Stønad til livsopphold
Portugal: Rendimento mínimo garantido (replaced in 2003 by the more restrictive Rendimento Social de Inserção)
Spain: several schemes exist depending on the region (Renta Básica, Renta Mínima de Inserción, etc…)
Sweden: Ekonomiskt bistånd, previously called socialbidrag
Switzerland: fr:revenu minimal de réinsertion
UK: Income Support

 

[OldJourno]

It works where it works.

And where it doesn't it creates transgenerational poverty and a dependence on government.

 

[KingOrfeo]

And where it doesn't it creates transgenerational poverty and a dependence on government.

Sounds like the old arguments against welfare, which was mostly abolished in 1996, and we've seen no reason since to think abolishing it was a good idea.