Right; that's an example of doing it wrong. Sure it helps people who would be suffering and that's good. But it disincentivises them. It doesn't allow them to save.
Its not about disincentivizing them, its about not providing them with applicable skills that would make their production worth more than basic hand outs. It can be demoralizing when you realize that flipping burger is worth $100 a week more than doing absolutely nothing, but we don't live in a world where a burger is worth $40 that would allow them to be paid more. Younger people tend to not have a real concept of money and what it really takes to make it.
What needs to be added along with being paid for existing, is training and potential job opportunities to be setup to get them off of the system. I think that most people in these programs would have no issue being given the ability to work. The major issue with be with people who will object to getting jobs they are "too good for." Hopefully those people are few and far between.
Maybe. In a world of increasing automation (explosive in the last 15 years) there's not much value in training for anything less than medicine or engineering. And US has 30 million flipping burgers. When that's automated too, there's not many that could retrain to be engineers. And we don't need 30M more engineers anyway.
That's why UBI is a hot topic. Its a way out of a collapse.
> In a world of increasing automation (explosive in the last 15 years) there's not much value in training for anything less than medicine or engineering.
Yes and no. I think a lot of of this automation will mean we will be going back to the world of trade schools where repair becomes a lot more important. Same goes with installation of these automated systems. The US loves to push "shovel ready" construction jobs but we should be focusing more on training for installation and repair of automation.
I've found it kind of odd that we've lost a lot of the trade skills being taught in high school. I'm in my mid 30's and I'm the only person my age I know who took classes in Small Gas Engines, Carpentry, Electrical, Plumbing, etc. From that point a lot of kids went right on to get Journeymen certs and many now own their own businesses. If they would bring those classes back and also teach these types of skills to those underemployed I think you could easily transition into any type of related field.
Automation has not been explosive in the last 15 years, I'm not sure why you think this. Productivity growth (the measure of increasing automation) has been the lowest its been in decades, see here: https://www.zerohedge.com/sites/default/files/images/user330...
As for whether we need 30 million engineers, thats entirely up to what we want to be as a society. If you don't think we can come up with engineering work for 30 million people I beg to differ.
Not a good measure, because so many are reduced to service industries. Factory automation has been a headlong rush to automation for decades.
We're down 5M factory jobs since 2000, to something like 13M. And the rest are slated to go as automation becomes cheaper. When factories 'come back' from overseas, its only because now automation is even cheaper than foreign labor.
What needs to be added along with being paid for existing, is training and potential job opportunities to be setup to get them off of the system. I think that most people in these programs would have no issue being given the ability to work. The major issue with be with people who will object to getting jobs they are "too good for." Hopefully those people are few and far between.