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Old 02-08-2019, 12:53 PM
Velocity Velocity is online now
Join Date: Jun 2014
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Green New Deal: "Economic security for those unwilling to work"

The Green New Deal proposed by Ocasio-Cortez contains an interesting part: "Economic security for those unwilling to work."

There needs to be a strong social net for those who are unable to work or temporarily out of work, no doubt. But for those who are unwilling to work, this opens up a huge can of worms. Many workers in America - perhaps even the majority - do not enjoy their jobs and work their jobs only because they have to make financial ends meet. If we provide enough financial assistance that Americans who don't want to work, don't have to work another day in their lives, then many millions of people (especially, those who work in minimum-wage industries, such as janitors, fast food, cashiers etc) would retire on the spot. That would be catastrophic for the economy.

Perhaps one could argue that this is just another word for Universal Basic Income. But UBI would also be problematic if it is so generous that many people simply quit working altogether and leave a gaping hole in the workforce. (Unless Ocasio-Cortez is proposing massive automation that would let tens of millions of workers not have to work, but I don't think she is suggesting that at all.)


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