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Economy Essay

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Martin King Luther Jr, once quoted, “I am now convinced that the simplest approach will prove to be the most effective — the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.”Imagine you had one-thousand dollars automatically given to you monthly?Imagine also for a minute that you didn’t even have to work in the process to get it, you were just given it. This could be good news for an, eager money deprived college student. Scott Santens from the huffington post tells how it is in fact possible for our government to go back to having a basic income. Is basic income affordable or practical for our country in it’s current condition you ask? Well Staten, says it indeed is and it will…show more content…
“The participants given a choice between either two or three puzzles each spent about 5 minutes working on the puzzle they selected. But those who were also given the option not to participate spent about 7 minutes working on their selected puzzle. Explicitly choosing to do something rather than not to do it greatly increased the amount of time people spent on the task.” Staten is , giving the idea that people are more determined and dedicated when they are not forced into doing something.
How is it possible to afford basic income? Well Stanten lists, a possible idea; getting rid of several programs, or tested programs that the government has in use. Particularly he focuses on the ideas of eliminating taxes, and revenues, that he thinks are not needed. Without taxes, money could be plentiful gained, in total about five trillion dollars could potentially come available. Giving most people the choice between whether or not they want to work, Staten states will make more jobs available. People will have more spare time to think about what they want to do and even create new job opportunities.
Stanten uses many possible areas where facts about possible scenarios are given, that could take place. However it leaves the reader unsure, if the available information is fully true. Staten does not give specific sources as to where he obtained his information, whether it be from an outside source or himself personally. The information on ways
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