Re: The meme right here, to make use of a time period from economics, I might say that the “marginal utility” of a dwelling wage is kind of excessive, nevertheless it trails off after that. It’s type of like your first sandwich whenever you’re hungry or your first coat whenever you’re chilly.
FWIW, I imagine that societies which can be organized across the precept of a dwelling wage, i.e., what one finds in the remainder of the developed world, are higher in each means than what we’ve got right here within the U.S.
Their individuals are happier, more healthy, extra productive, higher educated, much less violent, kinder, and fewer susceptible to substance abuse. Furthermore, they don’t vote for felony sociopaths to steer their nation; that’s a particular bonus.
In the event you ask folks from Sweden, as an example, in the event that they resent paying larger taxes than what we Individuals pay, most of them will snigger at you. I do that routinely, and I’ve by no means heard anybody say, “Oh, no, poverty, ignorance, and mass shootings are our nationwide goals.”
