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Universal Basic Income

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  1. #1
    Quote Originally Posted by OngBonga View Post
    The problem is, and I say this with experience, is that a large percentage of the unemployed, well it doesn't make economical sense to employ them, because they cost the employer more in wages than their value.
    Excellent point.

    The optimal way to develop wage-earning skills is through entry-level training and all the subsequent on-the-job training. So, we should want to be in a place where entry-level trainee employment is dirt cheap. This would mean low to no minimum wage, not overschooling, the lower the regulations the better, and lots of other stuff.

    In my estimation, the best thing we could do is make it so the concept of internship is the standard for entry-level.
  2. #2
    Quote Originally Posted by wufwugy View Post
    In my estimation, the best thing we could do is make it so the concept of internship is the standard for entry-level.
    Ahem.....

    are you familiar with something called "The Emancipation Proclamation"?
  3. #3
    Quote Originally Posted by BananaStand View Post
    Ahem.....

    are you familiar with something called "The Emancipation Proclamation"?
    What's your point?
  4. #4
    Quote Originally Posted by wufwugy View Post
    What's your point?
    The law barely allows unpaid internships now. Most challenges to unpaid internships have been successful, either in court or through settlement.

    Charlie Rose forked over a quarter million.

    My point is that internships are very close to extinction, and that is likely irreversible at this point.
  5. #5
    Quote Originally Posted by BananaStand View Post
    The law barely allows unpaid internships now. Most challenges to unpaid internships have been successful, either in court or through settlement.

    Charlie Rose forked over a quarter million.

    My point is that internships are very close to extinction, and that is likely irreversible at this point.
    Yeah I know the trend. It's bad news.

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