That's about it. Why would anyone work for $20k/yr when they could get $12k for free? They wouldn't. So those jobs would bump to $30k+, and a domino affect would occur. Nothing would be achieved other than the devaluing of the American dollar, which would lead to a loss of jobs, increased poverty, and guess what else - increased homelessness.
When I'm just a little bit sick I have a mixed drink using NyQuil that I like to call the Jolly Green Giant:
1 part whiskey
2 parts ginger ale
30ml NyQuil (you'll want to reduce this amount if having multiple)
Several dashes lemon juice
Garnish with lemon wedge
That's about it. Why would anyone work for $20k/yr when they could get $12k for free? They wouldn't. So those jobs would bump to $30k+, and a domino affect would occur. Nothing would be achieved other than the devaluing of the American dollar, which would lead to a loss of jobs, increased poverty, and guess what else - increased homelessness.