Guaranteed Income as Quantitative Easing

[Tom Joad]

I don't care what anybody says, due to dramatic increases in worker productivity we have a surplus of labor.

Robotics is going to make this surplus even more acute.

It's a wet dream for employers because they can dictate the terms of employment they want and the poor desperate for a job masses have to eat whatever shit sandwich they are offered.

The way I see it we have two options.

One is to create a shitload of non-jobs with the government.

The other is to pay people not to work, like we pay farmers not to grow shit in order to avoid surpluses.

I favor paying people not to work.

That's what I see the guaranteed income to be.