- 15 Apr 2009 21:22
#1873199
I was a bit worried last night when this thread went for 4 hours with no replies, but today it's completely raging.
My take: I think Gnote's proposals for benefits are completely unaffordable. I'm saying this as an economist who did some quick math. By US standards, $25,000 for all 200 million adults adds up to $5 trillion, or a third of the GDP. Not going to be workable.
I think we could nudge up the size of the benefits scale a bit at the bottom (maybe a $4,000-5,000 GMI instead of $2,500?) and add a few things like food stamps, which I actually assumed would probably exist but didn't put in the platform explicitly. I was worried about winning CA votes without losing the SLD, but that looks to be damn near impossible at this point. We could also make the health care subsidies larger and compensate by nudging up all the tax rates by three or four points each.
Maybe instead of numerical details, we should just write up basic ideas about what kind of programs should exist and worry about the size of all the taxes, transfers and benefits later. That really ought to be something that we work out AFTER forming a government. I may be sorry that I brought up this thread, I was hoping to forge an alliance but just ended up contributing to another dimension of squabbles.
Einstein's Law of Political Relativity - All ideological reference frames are relative.