By Charles Murray
Imagine that the U.S. have been to scrap all its source of revenue move programs—including Social protection, Medicare, and all sorts of welfare—and supply each American age twenty-one and older $10,000 a 12 months for life.This is the Plan, an intensive new method of social coverage that defies any partisan label. First laid out through Charles Murray a decade in the past, the up-to-date variation displays financial advancements considering the fact that that point. Murray, who earlier books contain Losing Ground and The Bell Curve, demonstrates that the Plan is financially possible and the makes use of targeted research to argue that many ambitions of the welfare state—elimination of poverty, cozy retirement for everybody, common entry to healthcare—would be higher served lower than the Plan than less than the present approach. Murray’s aim, shared by means of Left and correct, is a society within which all people, together with the unluckiest between us, has the chance and skill to build a delightful existence. In Our Hands bargains a wealthy and startling new solution to take into consideration how that target should be achieved.
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Extra info for In Our Hands: A Plan to Replace the Welfare State
Friedman’s concept was valid. The devil was in the details. A variant of the NIT puts it within our power to end poverty, provide for comfortable retirement and medical care for everyone, and—as a bonus that is probably more important than any of the immediate effects—revitalize American civil society. 8 I propose a plan to implement a UBI that converts all transfer payments to a single cash payment for everyone age 21 and older. It would require a constitutional amendment that I am not competent to frame in legal language, but its sense is easy to express: Henceforth, federal, state, and local governments shall make no law nor establish any program that transfers general tax revenues to some citizens and not to others, whether those transfers consist of money or in-kind benefits.
This comparison between the UBI and the current system holds true even when unrealistically conservative assumptions are made in calculating the present and future costs of the UBI. Holding those thoughts in mind, it is time to consider what the UBI would accomplish. PART IIImmediate Effects 3 Health Care The next five chapters explore the immediate effects of the UBI on health care, retirement, poverty, the underclass, and work disincentives. I begin with health care because health care is sui generis in two respects.
Suppose the money were coming out of your own pocket. In that case, it might occur to you that you don’t need to see a physician. What you need is a medical technician in a walk-in clinic that sells treatment for minor medical problems. The wholesale cost of the antiseptics, gauze, bandages, needle, surgical thread, Novocain, and tetanus booster comes to a few dollars. Add in the technician’s salary and the overhead for a clinic, and getting that arm stitched up should cost only $40 or $50, tops.