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	<title>Comments on: Charles Murray And $10,000 For Everyone</title>
	<atom:link href="http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/feed/" rel="self" type="application/rss+xml" />
	<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/</link>
	<description>Big Teeth. Huge Ass. Surprisingly Reasonable.</description>
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		<title>By: Donklephant &#187; Blog Archive &#187; Unhappy With The Tax Code?</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-13813</link>
		<dc:creator>Donklephant &#187; Blog Archive &#187; Unhappy With The Tax Code?</dc:creator>
		<pubDate>Mon, 17 Apr 2006 06:49:23 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-13813</guid>
		<description>[...] And yes, much like Charles Murray&#8217;s plan to reform the Welfare State in his book &#8216;In Our Hands&#8217;, this new flat tax idea calls for accountability for those who want rebates. How? They have to show they&#8217;re buying health care and save for their retirement. That retirement part isn&#8217;t in this new flat tax plan, but maybe it should be. [...]</description>
		<content:encoded><![CDATA[<p>[...] And yes, much like Charles Murray&#8217;s plan to reform the Welfare State in his book &#8216;In Our Hands&#8217;, this new flat tax idea calls for accountability for those who want rebates. How? They have to show they&#8217;re buying health care and save for their retirement. That retirement part isn&#8217;t in this new flat tax plan, but maybe it should be. [...]</p>
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		<title>By: Jim S</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-11351</link>
		<dc:creator>Jim S</dc:creator>
		<pubDate>Thu, 06 Apr 2006 02:00:24 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-11351</guid>
		<description>The reason for my &quot;hostility&quot; is because Libertarianism is a philosophy with as much of a basis in reality as communism. It believes in the fairy tale that capitalism is so pure and good and perfect that it is capable of providing a job for everyone who wants one and that the only people who can have the system fail them are those who fail the system by being lazy. While there are those who fit that description they aren&#039;t the majority of the poor by any means. And Murray&#039;s proposal comes down to pretending to give a damn.</description>
		<content:encoded><![CDATA[<p>The reason for my &#8220;hostility&#8221; is because Libertarianism is a philosophy with as much of a basis in reality as communism. It believes in the fairy tale that capitalism is so pure and good and perfect that it is capable of providing a job for everyone who wants one and that the only people who can have the system fail them are those who fail the system by being lazy. While there are those who fit that description they aren&#8217;t the majority of the poor by any means. And Murray&#8217;s proposal comes down to pretending to give a damn.</p>
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		<title>By: Pajamasphere</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10939</link>
		<dc:creator>Pajamasphere</dc:creator>
		<pubDate>Tue, 04 Apr 2006 03:04:09 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10939</guid>
		<description>To Justin: thanks for balanced coverage of a very interesting proposal.  It&#039;s (IMHO) exactly the kind of thing that Donklephant and other centrist blogs should be addressing since it crosses traditional lines.

To Blue: it&#039;s not just semantics!  Without having read the book, I&#039;ll bet that a key part of the argument is that much of current welfare money is wasted on bureacracy.  Also, cash is *empowering* in a way that a long list of programs (food stamps, Section 8, blah, blah, blah) is not.  For example, people who have ambition but currently no resources could pool their funds to start small companies.

To Tom: many on the libertarian/center/right have at least as much compassion for the poor as those who embrace &quot;liberalism&quot;; the key disagreement is over means not ends.  (I know it&#039;s fashionable in many quarters to demonize the right, but it&#039;s mostly wrong and certainly counter productive.)  To cite just one example: Milton Friedman has been talking about a similar idea for decades.

To Jim S: $14K/yr for a couple (married or not), $28K/yr for 4 roomates who share a house -- just to pick 2 scenarios.  No, it&#039;s not living high on the hog, but it looks pretty decent for someone who doesn&#039;t have a job.

Libertarianism is all about the freedom of people to make choices; not sure why you are so hostile to that philosophy.</description>
		<content:encoded><![CDATA[<p>To Justin: thanks for balanced coverage of a very interesting proposal.  It&#8217;s (IMHO) exactly the kind of thing that Donklephant and other centrist blogs should be addressing since it crosses traditional lines.</p>
<p>To Blue: it&#8217;s not just semantics!  Without having read the book, I&#8217;ll bet that a key part of the argument is that much of current welfare money is wasted on bureacracy.  Also, cash is *empowering* in a way that a long list of programs (food stamps, Section 8, blah, blah, blah) is not.  For example, people who have ambition but currently no resources could pool their funds to start small companies.</p>
<p>To Tom: many on the libertarian/center/right have at least as much compassion for the poor as those who embrace &#8220;liberalism&#8221;; the key disagreement is over means not ends.  (I know it&#8217;s fashionable in many quarters to demonize the right, but it&#8217;s mostly wrong and certainly counter productive.)  To cite just one example: Milton Friedman has been talking about a similar idea for decades.</p>
<p>To Jim S: $14K/yr for a couple (married or not), $28K/yr for 4 roomates who share a house &#8212; just to pick 2 scenarios.  No, it&#8217;s not living high on the hog, but it looks pretty decent for someone who doesn&#8217;t have a job.</p>
<p>Libertarianism is all about the freedom of people to make choices; not sure why you are so hostile to that philosophy.</p>
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		<title>By: Jim S</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10930</link>
		<dc:creator>Jim S</dc:creator>
		<pubDate>Tue, 04 Apr 2006 01:27:13 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10930</guid>
		<description>OK, I read the interview. I still call bullshit. It must be recognized that our form of capitalism will always have the long term unemployed, the permanently unemployed and the perpetually underemployed. Mr. Murray&#039;s proposal says that these people will receive $7000 a year after the $3000 paid for a health plan. No more. No food stamps. No Section 8 help to pay the rent. What country or planet do the people who think that this can cover rent, food, utilities and clothing live on? Let me guess, their answer relies on overstressed private charities suddenly having lots more money. I also love Mr. Murray&#039;s generalization that anyone outside of his approved of segments of government is living a non-productive life.

Libertarianism, the only philosophy dumber than communism.</description>
		<content:encoded><![CDATA[<p>OK, I read the interview. I still call bullshit. It must be recognized that our form of capitalism will always have the long term unemployed, the permanently unemployed and the perpetually underemployed. Mr. Murray&#8217;s proposal says that these people will receive $7000 a year after the $3000 paid for a health plan. No more. No food stamps. No Section 8 help to pay the rent. What country or planet do the people who think that this can cover rent, food, utilities and clothing live on? Let me guess, their answer relies on overstressed private charities suddenly having lots more money. I also love Mr. Murray&#8217;s generalization that anyone outside of his approved of segments of government is living a non-productive life.</p>
<p>Libertarianism, the only philosophy dumber than communism.</p>
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		<title>By: Tom Strong</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10917</link>
		<dc:creator>Tom Strong</dc:creator>
		<pubDate>Mon, 03 Apr 2006 21:31:15 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10917</guid>
		<description>I thought this quote was interesting:

&lt;i&gt;I am more and more sympathetic to the proposition that in the lottery of life some people come up with the short end of the stick on a whole bunch of different dimensions. It&#039;s not so bad if you don&#039;t have an IQ of 130 if you&#039;re beautiful, charming, or industrious. After all, there are all sorts of bundles of qualities that make it very hard to rank people from &quot;high&quot; to &quot;low.&quot;

It is also true that there are substantial numbers of people who are not that smart, not that beautiful, not that charming, not that industrious, for reasons that they have no control over -- and they&#039;ve gotten the short end of the stick. So if I&#039;m talking about using government to redistribute some resources to that person, I&#039;m not going to lie awake nights thinking that I&#039;ve done some awful thing by helping them out. I&#039;m happy with this compromise.&lt;/i&gt;

Welcome to liberalism, Mr. Murray.</description>
		<content:encoded><![CDATA[<p>I thought this quote was interesting:</p>
<p><i>I am more and more sympathetic to the proposition that in the lottery of life some people come up with the short end of the stick on a whole bunch of different dimensions. It&#8217;s not so bad if you don&#8217;t have an IQ of 130 if you&#8217;re beautiful, charming, or industrious. After all, there are all sorts of bundles of qualities that make it very hard to rank people from &#8220;high&#8221; to &#8220;low.&#8221;</p>
<p>It is also true that there are substantial numbers of people who are not that smart, not that beautiful, not that charming, not that industrious, for reasons that they have no control over &#8212; and they&#8217;ve gotten the short end of the stick. So if I&#8217;m talking about using government to redistribute some resources to that person, I&#8217;m not going to lie awake nights thinking that I&#8217;ve done some awful thing by helping them out. I&#8217;m happy with this compromise.</i></p>
<p>Welcome to liberalism, Mr. Murray.</p>
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		<title>By: Justin Gardner</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10915</link>
		<dc:creator>Justin Gardner</dc:creator>
		<pubDate>Mon, 03 Apr 2006 21:08:50 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10915</guid>
		<description>Oh shoot, you&#039;re right. Damn. Thanks Brainster.</description>
		<content:encoded><![CDATA[<p>Oh shoot, you&#8217;re right. Damn. Thanks Brainster.</p>
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		<title>By: probligo</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10914</link>
		<dc:creator>probligo</dc:creator>
		<pubDate>Mon, 03 Apr 2006 21:05:53 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10914</guid>
		<description>Instead of tripping off on preconceptions and political claptrap,  how about you read &lt;a href=&quot;http://www.tcsdaily.com/article.aspx?id=032806A&quot; rel=&quot;nofollow&quot;&gt;this interview with Murray himself&lt;/a&gt;

THEN start talking...</description>
		<content:encoded><![CDATA[<p>Instead of tripping off on preconceptions and political claptrap,  how about you read <a href="http://www.tcsdaily.com/article.aspx?id=032806A" >this interview with Murray himself</a></p>
<p>THEN start talking&#8230;</p>
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		<title>By: Brainster</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10912</link>
		<dc:creator>Brainster</dc:creator>
		<pubDate>Mon, 03 Apr 2006 20:26:16 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10912</guid>
		<description>&quot;Want 10K a month for life after you turn 21?

Well, thatÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s the plan Charles MurrayÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s new book....&quot;

Hate to spoil the party here, but that&#039;s $10K per annum.</description>
		<content:encoded><![CDATA[<p>&#8220;Want 10K a month for life after you turn 21?</p>
<p>Well, thatÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s the plan Charles MurrayÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s new book&#8230;.&#8221;</p>
<p>Hate to spoil the party here, but that&#8217;s $10K per annum.</p>
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		<title>By: Justin Gardner</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10899</link>
		<dc:creator>Justin Gardner</dc:creator>
		<pubDate>Mon, 03 Apr 2006 19:24:16 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10899</guid>
		<description>&lt;blockquote&gt;Let them suffer? How very Republican of you! ; )&lt;/blockquote&gt;

What I&#039;m saying is that certain people are going to fall through the safety nets, regardless of whether we like it or not. This plan isn&#039;t going to fix it, but it&#039;s a start towards providing people with real money that they can spend to empower themselves.</description>
		<content:encoded><![CDATA[<blockquote><p>Let them suffer? How very Republican of you! ; )</p></blockquote>
<p>What I&#8217;m saying is that certain people are going to fall through the safety nets, regardless of whether we like it or not. This plan isn&#8217;t going to fix it, but it&#8217;s a start towards providing people with real money that they can spend to empower themselves.</p>
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		<title>By: Justin Gardner</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10898</link>
		<dc:creator>Justin Gardner</dc:creator>
		<pubDate>Mon, 03 Apr 2006 19:21:34 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10898</guid>
		<description>&lt;blockquote&gt;Nobody wants $10,000 a year if everybody else is also getting $10,000 a year. They want the big score and they want more than the other guy.&lt;/blockquote&gt;

True, people want to compete, but I think you&#039;re ignoring the other side of this coin. So, I&#039;ll throw some of them out there. Having this extra capital will help people create more of an ownership society. It will encourage more homebuying. It will encourage more marriage. And it could certainly help the hopelessness that plagues many who are below the poverty level, and don&#039;t have the skills nor the means to climb out of it. There will be still be competition. People will still want to make more money. But an even, fair distribution of the money would create a more equal society on a whole.

Listen, we need new ideas. This is one. There will be more. But what&#039;s bugging the $#!+ out of me is how easily people will ignore this without really digging into it.

&lt;blockquote&gt;Another problem is that for this to work there has to be the political will to allow those who spend their $10,000 imprudently to starve, bleed to death, or die of exposure.&lt;/blockquote&gt;

That&#039;s happening right now in every major metropolitan city...and those people are getting nothing from the government because they have no address. 

Listen, we can&#039;t cure all of these problems, but giving people the means to find shelter and adequate healthcare is important. And so here is a plan. Like it or not, Murray&#039;s ideas tackle them head on and actually save us a TON of money in the long run.</description>
		<content:encoded><![CDATA[<blockquote><p>Nobody wants $10,000 a year if everybody else is also getting $10,000 a year. They want the big score and they want more than the other guy.</p></blockquote>
<p>True, people want to compete, but I think you&#8217;re ignoring the other side of this coin. So, I&#8217;ll throw some of them out there. Having this extra capital will help people create more of an ownership society. It will encourage more homebuying. It will encourage more marriage. And it could certainly help the hopelessness that plagues many who are below the poverty level, and don&#8217;t have the skills nor the means to climb out of it. There will be still be competition. People will still want to make more money. But an even, fair distribution of the money would create a more equal society on a whole.</p>
<p>Listen, we need new ideas. This is one. There will be more. But what&#8217;s bugging the $#!+ out of me is how easily people will ignore this without really digging into it.</p>
<blockquote><p>Another problem is that for this to work there has to be the political will to allow those who spend their $10,000 imprudently to starve, bleed to death, or die of exposure.</p></blockquote>
<p>That&#8217;s happening right now in every major metropolitan city&#8230;and those people are getting nothing from the government because they have no address. </p>
<p>Listen, we can&#8217;t cure all of these problems, but giving people the means to find shelter and adequate healthcare is important. And so here is a plan. Like it or not, Murray&#8217;s ideas tackle them head on and actually save us a TON of money in the long run.</p>
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		<title>By: Alan Stewart Carl</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10897</link>
		<dc:creator>Alan Stewart Carl</dc:creator>
		<pubDate>Mon, 03 Apr 2006 19:06:10 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10897</guid>
		<description>Justin:

Let them suffer? How very Republican of you! ; )

I should read the book too, but I wasn&#039;t assuming the $3000 would be earmarked for a health plan. I assumed it would be available to cover deductibles, co-pays and out-of-network expenses. But maybe it&#039;s only for those who don&#039;t otherwise have healthcare.</description>
		<content:encoded><![CDATA[<p>Justin:</p>
<p>Let them suffer? How very Republican of you! ; )</p>
<p>I should read the book too, but I wasn&#8217;t assuming the $3000 would be earmarked for a health plan. I assumed it would be available to cover deductibles, co-pays and out-of-network expenses. But maybe it&#8217;s only for those who don&#8217;t otherwise have healthcare.</p>
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		<title>By: Justin Gardner</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10894</link>
		<dc:creator>Justin Gardner</dc:creator>
		<pubDate>Mon, 03 Apr 2006 18:30:47 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10894</guid>
		<description>&lt;blockquote&gt; ItÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s not like they get to spend it on a new TV if they donÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t elect to spend it on a needless visit to the emergency room.&lt;/blockquote&gt;

Well, if people buy healthcare, they&#039;re buying a plan...not just trips to the emergency room. But maybe I&#039;m not understanding you correctly.

&lt;blockquote&gt;Also, in regards to people who donÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t save their handout, are you willing to just let them suffer?&lt;/blockquote&gt;

Individuals over 21? Yes. Children? No. And Murray has a plan for children too.

In any event, I&#039;m going to read the book and get more info.</description>
		<content:encoded><![CDATA[<blockquote><p> ItÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s not like they get to spend it on a new TV if they donÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t elect to spend it on a needless visit to the emergency room.</p></blockquote>
<p>Well, if people buy healthcare, they&#8217;re buying a plan&#8230;not just trips to the emergency room. But maybe I&#8217;m not understanding you correctly.</p>
<blockquote><p>Also, in regards to people who donÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t save their handout, are you willing to just let them suffer?</p></blockquote>
<p>Individuals over 21? Yes. Children? No. And Murray has a plan for children too.</p>
<p>In any event, I&#8217;m going to read the book and get more info.</p>
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		<title>By: Dave Schuler</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10891</link>
		<dc:creator>Dave Schuler</dc:creator>
		<pubDate>Mon, 03 Apr 2006 17:31:20 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10891</guid>
		<description>I&#039;ll repeat the comment I made over at Michael&#039;s place.

It&#039;s easy to write the words &#147;subsidies to business&#148; but removing them will be much, much more difficult. One of the key problems is that the subsidy recipients don&#039;t see them as subsides: they seem them as their due. Patents, copyrights, licensing, highways, and air traffic control are all subsidies to business. The common law system is a subsidy to lawyers. Avoidance of malpractice, i.e. accepted practice, as the standard for doctors (rather than harm) is a subsidy to physicians. Bankruptcy law is a subsidy to business (and individuals).

Nobody wants $10,000 a year if everybody else is also getting $10,000 a year. They want the big score and they want more than the other guy. Each and every constitutency will fight to defend its subsidy for its very survival (in a lot of cases that&#039;s pretty much what it means).

It&#039;s politically impossible. The sort of thing that comes out in a dorm room bull session.

Another problem is that for this to work there has to be the political will to allow those who spend their $10,000 imprudently to starve, bleed to death, or die of exposure.  Otherwise you&#039;re just piling $10,000 per person per year on top of our existing system.  The Swiss could manage it.  We can&#039;t.</description>
		<content:encoded><![CDATA[<p>I&#8217;ll repeat the comment I made over at Michael&#8217;s place.</p>
<p>It&#8217;s easy to write the words &#8220;subsidies to business&#8221; but removing them will be much, much more difficult. One of the key problems is that the subsidy recipients don&#8217;t see them as subsides: they seem them as their due. Patents, copyrights, licensing, highways, and air traffic control are all subsidies to business. The common law system is a subsidy to lawyers. Avoidance of malpractice, i.e. accepted practice, as the standard for doctors (rather than harm) is a subsidy to physicians. Bankruptcy law is a subsidy to business (and individuals).</p>
<p>Nobody wants $10,000 a year if everybody else is also getting $10,000 a year. They want the big score and they want more than the other guy. Each and every constitutency will fight to defend its subsidy for its very survival (in a lot of cases that&#8217;s pretty much what it means).</p>
<p>It&#8217;s politically impossible. The sort of thing that comes out in a dorm room bull session.</p>
<p>Another problem is that for this to work there has to be the political will to allow those who spend their $10,000 imprudently to starve, bleed to death, or die of exposure.  Otherwise you&#8217;re just piling $10,000 per person per year on top of our existing system.  The Swiss could manage it.  We can&#8217;t.</p>
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		<title>By: Alan Stewart Carl</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10884</link>
		<dc:creator>Alan Stewart Carl</dc:creator>
		<pubDate>Mon, 03 Apr 2006 16:26:14 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10884</guid>
		<description>Justin, yeah, I saw the $3000 part. But why do it that way? Why use the populace as a healthcare middleman when you could just transfer the money straight from the government to the medical industry. I do believe that people will make smarter medical choices if they&#039;re spending their own money but will they view the $3000 as their own money? It&#039;s not like they get to spend it on a new TV if they don&#039;t elect to spend it on a needless visit to the emergency room.

Also, in regards to people who don&#039;t save their handout, are you willing to just let them suffer? Sure the fault would be theirs but the burden will still be ours. I&#039;m not at all opposed to spending government money to help Americans out, but I don&#039;t see where just dispensing cash like an ATM is the best course of action. Money alone does not create opportunity. There has to be more to it, I think.</description>
		<content:encoded><![CDATA[<p>Justin, yeah, I saw the $3000 part. But why do it that way? Why use the populace as a healthcare middleman when you could just transfer the money straight from the government to the medical industry. I do believe that people will make smarter medical choices if they&#8217;re spending their own money but will they view the $3000 as their own money? It&#8217;s not like they get to spend it on a new TV if they don&#8217;t elect to spend it on a needless visit to the emergency room.</p>
<p>Also, in regards to people who don&#8217;t save their handout, are you willing to just let them suffer? Sure the fault would be theirs but the burden will still be ours. I&#8217;m not at all opposed to spending government money to help Americans out, but I don&#8217;t see where just dispensing cash like an ATM is the best course of action. Money alone does not create opportunity. There has to be more to it, I think.</p>
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		<title>By: Justin Gardner</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10872</link>
		<dc:creator>Justin Gardner</dc:creator>
		<pubDate>Mon, 03 Apr 2006 16:10:08 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10872</guid>
		<description>Read closer. 3K of that 10K has to spent on healthcare.

And yes, true, some people would spend it unwisely. But that&#039;s their cross to bear since there would be nothing else to fall back on.</description>
		<content:encoded><![CDATA[<p>Read closer. 3K of that 10K has to spent on healthcare.</p>
<p>And yes, true, some people would spend it unwisely. But that&#8217;s their cross to bear since there would be nothing else to fall back on.</p>
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		<title>By: Alan Stewart Carl</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10871</link>
		<dc:creator>Alan Stewart Carl</dc:creator>
		<pubDate>Mon, 03 Apr 2006 15:23:05 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10871</guid>
		<description>Fascinating idea, but if we&#039;re just going to be giving things out, I&#039;d rather pay for everyone to have healthcare. Unless you force people to put the money into savings, most people will not save a dime of their annual handout (found money tending to be spent a lot faster than earned money).

I have a strong aversion to any such magic-bullet solution.</description>
		<content:encoded><![CDATA[<p>Fascinating idea, but if we&#8217;re just going to be giving things out, I&#8217;d rather pay for everyone to have healthcare. Unless you force people to put the money into savings, most people will not save a dime of their annual handout (found money tending to be spent a lot faster than earned money).</p>
<p>I have a strong aversion to any such magic-bullet solution.</p>
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		<title>By: Blue Neponset</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10869</link>
		<dc:creator>Blue Neponset</dc:creator>
		<pubDate>Mon, 03 Apr 2006 14:04:55 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10869</guid>
		<description>I think I can sum up Murray&#039;s plan like this:

Give everyone welfare so we don&#039;t have to call it welfare anymore.

In my mind, his &quot;solution&quot; is just a semantic one.</description>
		<content:encoded><![CDATA[<p>I think I can sum up Murray&#8217;s plan like this:</p>
<p>Give everyone welfare so we don&#8217;t have to call it welfare anymore.</p>
<p>In my mind, his &#8220;solution&#8221; is just a semantic one.</p>
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		<title>By: Mr. Moderate</title>
		<link>http://donklephant.com/2006/04/03/charles-murray-and-10000-for-everyone/comment-page-1/#comment-10868</link>
		<dc:creator>Mr. Moderate</dc:creator>
		<pubDate>Mon, 03 Apr 2006 14:02:58 +0000</pubDate>
		<guid isPermaLink="false">http://donklephant.com/?p=2058#comment-10868</guid>
		<description>Interesting premise.  I disagree however that modern day savings accounts reach a 4% rate of return.  The only place you find anything remotely close are a handful of online banks&#039; money market accounts, some with or without check writing priveledges.  The majority of banking institutions, especially the brick and mortar banks, don&#039;t even approach this rate for their premier customers.  The handful of banks I know of that are in the ball park (and there are probably others): HSBC, ING, Emigrant Bank, Stonebridge Bank.  No standard savings accounts are at this rate however.</description>
		<content:encoded><![CDATA[<p>Interesting premise.  I disagree however that modern day savings accounts reach a 4% rate of return.  The only place you find anything remotely close are a handful of online banks&#8217; money market accounts, some with or without check writing priveledges.  The majority of banking institutions, especially the brick and mortar banks, don&#8217;t even approach this rate for their premier customers.  The handful of banks I know of that are in the ball park (and there are probably others): HSBC, ING, Emigrant Bank, Stonebridge Bank.  No standard savings accounts are at this rate however.</p>
]]></content:encoded>
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