Quote:That is one problem I also see right now. In my ideal world there is a base level of welfare that is guaranteed which is the very bottom of the budget pyramid. The next step up would be minimum wage, which would be regulated in such a manner as to create a real financial incentive that encourages all but the most lazy of welfare recipients to seek employment. And as you get higher up this pyramid the amount of regulation decreases as market forces would hopefully create a natural equilibrium. 

 

that might work in a small extremely limited eco system but not on a scale as large as the United States. That's the thing, what works other places won't always work in the larger economies, and what works here won't always work in the smaller economies. I'm a huge believer there is no one way a universal way if you'll have it to run an economy. Which is why the United States is in such a mess, we've tried to find that magic way of running the economy for 50 very different and diverse states.

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