Cross-party group of parliamentarians say emergency policy needed to give financial security
I'm just hoping it wouldn't be inflationary.
Over 170 MPs and peers have urged the government to introduce a universal basic income to "give everyone the financial support they need to provide for themselves and their families" during the coronavirus pandemic.
In a letter to chancellor Rishi Sunak the parliamentarians say that the plan to pay every adult a flat, unconditional sum of money each week for the duration of the crisis is a "practical, not ideological" proposal.
How does the MMT Job Guaranty work if nobody can go to work?
ReplyDeleteThat's right. And in basic income schemes where it has worked, people became more productive, which isn't likely to be the case this time.
DeleteKevin watch now as a result of this "virus!" thing Liberal Art MMT will not change their Theory...
ReplyDeleteThat's a "guaranty"... they are not trained to make adjustments...
Lock it...
Guarantee a mistress per month for Boris, and this should be a done deal.
ReplyDelete“ How does the MMT Job Guaranty work if nobody can go to work?”
ReplyDeleteAnd you think that is a relevant question to enlighten what? Because you cherry picked the word guarantee!
It’s a question as stupid as - how can anyone work productivity when one cannot work productively. Duh!
. Matt is not trained to understand his own stupid thoughts and therefore make adjustments...
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ReplyDeleteWhoa Matt, put the bong down... go for a walk, listen to some crickets.
ReplyDeleteSorry ... lost temper....
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