|
I'm generally a fan of this idea, as long as its implemented correctly. At the moment lots of western countries, spend billions on welfare entitlement, and billions more administering a complex system, so that politicans can change particular benefits to win votes from certian groups of voters. Under this system, all benefits are replaced with a single, universal level, so politicans can give rises either to everyone, or no one. (The only additional benefits should be for those with serve disabilities). You also lose the withdrawal issues of going from out of work, to in work, you can get rid of things like minimum wages, as their not needed any more, and you can support a more flexible labour market. Politicans cannot fight over, how particular benefits can change, say increase pensions, but cut unemployment. If you also merge this into the tax system, with a flat tax as a negative income tax, it is even more efficient. And eventually you also get what alot of people on the right want - a smaller, more efficient goverment, while doing what alot of people on the left want. |