beanbag wrote:Courtside wrote:Salted Meat wrote:
I disagree. The CERB is an extension of EI, which we all pay into. This is just people getting their money back.
Yes. It's something everyone pays into and so everyone - if there is a genuine need - should have access. That's also why it needs to be a temporary bridge and not become a gateway to some sort of universal basic income, as some are calling for. I've heard first hand stories of households that now have more money coming in every month than they did before (family and friends included), which is something that also needs to be addressed if this continues for an extended period of time.
The way I see it, if an individual is now making $2000 a month and that is an INCREASE on what they were making before, the only issue is why we as a society allow some of our citizens to be compensated so poorly to begin with.
That's not an easy question to answer.
After the industrial revolution, the developed world built their societies around the concept of Liberalism. The individual was valued because Labour was a valuable resource needed to fuel development. Well paying jobs were plentiful...life was good (for the most part).
Over the last few decades labour has become less and less valuable.
We are in the midst technological revolution now which is completely changing the dynamics of our society. Technology is completely eliminating the need for labour in a lot of areas and will continue to do so going forward. 25-30% of the people in our society will become utterly useless over the coming years/decades.
How is our government responding? Loose monetary policy. We spur growth by printing money, lowering interest rates and encouraging the use of debt to fuel spending. This is what Trudeau means by "building the economy through the heart". Go ahead son, take on massive amounts of debt to buy that house, car or whatever else you want. You deserve it. The strategy is working for the most part but it is short sighted and only makes the long term problem worse. There is only so much debt the government and consumers can take on before the convoluted pyramid type scheme starts to breakdown.
What should we do? There is no clearcut answer...that said, I do think both consumers and government alike need to change their spending habits to prepare for the civil unrest coming. Most of the focus should be on education and health care as these two things will be with us long term. Universal income is inevitable but we'll only be able to move forward with it if our books are balanced and we arent riddled with massive debts from the past.