July 26, 2014
AND DIVERT FUNDS TO PERSONAL RETIREMENT ACCOUNTS:
The most conservative way to fight poverty is to send everyone a government check (Max Ehrenfreund, July 25, 2014, Washington Post)
The as yet unexamined danger of bigger government spending is that it will make people too independent.But wouldn't it be even more amenable to conservative principles to eliminate government interference altogether, whether federal or state? Couldn't Uncle Sam simply write checks directly to everyone? After all, aren't we the people best equipped to make decisions about how to use our money?These are arguments for what's known as a universal basic income -- a check that everyone, regardless of income, would receive from the federal government on a regular basis. Economist Milton Friedman, a pioneer of contemporary conservatism, was probably the best-known proponent of the idea, which has recently been implemented with good results so far in Brazil. Instead of filtering through layers of bureaucracy and charitable groups, the money goes directly to the people who have the most reason to use it well, because it's theirs.
Posted by Orrin Judd at July 26, 2014 11:03 AM