Saturday, 15 June 2013

Day 420: Basic Income and Minimum Wage

url One of the Big Concerns of people is that: “If Everyone Gets a Living Wage, Who is going to do All the Dirty Work?” Because Nobody wants to Do it. So, in a Basic Income approach it’s going to be vital to Change the ‘Living Wage’ or the ‘Basic Minimum Wage’ and here It is Suggested that It Should Be at least Double the Basic Income Grant, so that it is a Motivation for People that would Like to live a more Extravagant or Luxurious Life to Actually Do the Work – so whether it is a Janitor, a Road Worker, a Gardener, a Child-minder – whomsoever Works and thus Does Not Depend on the Basic Income Grant, Gets a Minimum Wage that is Double the Basic Income Grant, that will ensure that there is Motivation for people to Do the Labor and for those that would like to Improve their Lives, while the Basic Income Grant ensures that Everybody Has Got Enough to make a Decent Living.

The difference between the two would merely be a Measure of Luxury and therefore, Businesses will have to Consider that Wage – which is obviously an Input on Production – Must be Equated within the Price. And so, Pricing will be based on Ensuring that there are Minimum Wages and that people Earn very Good Incomes – this obviously will Increase Again the amount of Money that can be Spent and so the Economy will Grow and the House Market will Grow and the Motor Car Markets, All the Markets that are now in Extreme Trouble and where the Trouble is Increasing: they will all Grow and Life on Earth will be Sustainable.

So, for you that are Ready for Approaching these Issues and to look at How to Implement it in your Particular Countries, Translate These Proposals into your Language, do Blogs about it and get Involved in your Political Parties, see Whom is Willing to Embrace a Basic Income Grant, and If they are Not: Start a Political Party. The Way Forward is Political.