Thank you, Mr. Chair.
My questions are mostly for Madam Guy and Mr. Cross.
I want to talk about that universal basic income guarantee, which is also called the negative income tax. My questions are a bit different from those so far. This comes from Friedman's 1962 book, Capitalism and Freedom. I have read the Roosevelt Institute's proposal. In it, though, they go away from the Friedman ideal, which is that you do away with the civil servants who are managing the welfare programs, who are having to vet whether the person should be eligible or not. They say that you would take those savings and give them to the poor, to those who truly need them and who are trapped.
You kept referring to the poverty trap, to being stuck in a situation where the rational choice is to choose not to work, because otherwise you will lose your benefits. You mentioned that your organization was going to do a study that you were going to put out. Are you going to be calculating the savings made possible by the elimination of these benefit programs and by substituting some type of minimum income or negative income tax guarantee program? That was the Friedman idea in its purest form. It was the substitution effect.