danielpalos
Diamond Member
- Banned
- #221
junk bonds, not junk laws. how much do we need to raise? Here is a legitimate "vehicle" to help the rich get richer, and help the poor at the same time.how about U6 times the unemployment compensation wage? approximately fourteen dollars an hour equivalent with a fifteen dollar an hour minimum wage.Why wouldn't the least marketable, seek work the least. You miss the point about efficiency gains merely from self-selection.the ui rate times the number of people applying for unemployment compensation for simply being unemployed.
let's assume U6 numbers.
Okay, so how many people are going to, as you intend to, take welfare when you could work? I said I want to see your numbers.
That's not a number. Admit it, you really have no idea how much your wish would cost, do you?
Still no numbers. How much would it cost to implement your dream? Include the inevitable rush of those earning just a bit more quitting their jobs and be sure to include the inevitable increases. You know, the wailing that no one can be expected to live on just that, prices have gone up, etc.
And stop calling it unemployment compensation wage. Unemployment compensation has a specific meaning that does not include people who can but will not work. Stop it.
FDIC could cover it.
A general tax could cover the bond issue if necessary. It could be another relatively safe investment vehicle for any Firm.
Last edited: