GRETA DOUCET asked:
"Has anyone in Canada done an analysis of what it would cost to provide
everyone with a living income versus spending so much time and energy
trying not to do so?"
How about this:
Canadian GDP is guessed at about $100 billion (is this true?)
Divide equally among 30million Canadians $100 billion annually approx =
$35000 each individual per annum
Assume half of GDP is distributed as Guaranteed Living Income = approx
$18000 per annum = $18000 / 26 biweekly = $692 biweekly per individual GLI
So Annual GLI cost:
30million Canadians, 26 bi-week pays per year,
Total pay-out = $692 per bi-week x 30million x 26 bi-weeks = $ 7.8 x
10exp11 annually = $5.4 x 10exp11 ie $540 billion annually - checks OK,
as half assumed CDN GDP.
Note:
1) Costs and savings of GLI distribution assumed to be positive saving
(which it probably will be - less complicated than present system), and,
2) Costs of living will reduce (which they will, since costs will be
reduced - by eradication of cost components that at present go to
unequal distribution mechanisms - rent, interest, dividends, and unequal
pay for work - all of which will be rendered inoperable by this form of
distribution.
Thanks for asking, Greta!
Best
john
**************
GRETA DOUCET wrote:
> Hi List Serve members,
> I haven't been around for a while..but then again, I have been here
> for a fairly long time (Alive I mean). Has anyone in Canada done an
> analysis of what it would cost to provide everyone with a living
> income versus spending so much time and energy trying not to do so?
> As I have said before, a long time ago, I was made aware of guaranteed
> income or adequate income and the potential benefits of making this
> available to everyone in our society since the 1960s (Through CCSD and
> the Vanier
> Institute and other conferences and educational forays).......
> Here we are, more than 40 years later, still punishing folks who (for
> whatever reason), cannot presently provide themselves an adequate type
> of lifestyle through their own efforts. .... My girlfriend says: We
> cannot save everybody!!!!.... I say: ..'We're not even giving it a
> shot' and "we certainly aren't helping those who can benefit from it
> fully''and the 'many who are begging for help so they can better
> themselves'. What about it? Some research and proof of what a
> country could do if it provided for it's citizens in an appropriate
> way. I see so many who could contribute if only we gave them a hand
> _*in some way.*_ Greta
> PS I'm not asking for handouts; I understand many folks just need a
> little help so they can become self reliant. In purely selfish terms:
> Aren't we losing the potential contribution these citizens could make
> in our society??? And aren't we being lesser humans for it???
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