141–150 of 746 posts
If the government starts giving me enough money each month to subsist while drastically raising taxes on my earnings from employment then I'll simply stop working. I would imagine most people would do the same.
Given everything that is going on, the case should be fairly straight forward to build. In fact, Yang has bene on top of it since Covid19 took hold in America. I truly hope UBI gains more popularity and strength going forward.
UBI has a lot of practical problems. Why not start at universal health care or wider affordability of affordable housing and education? Without that any UBI will immediately be eaten up by rising prices in these areas.
Facing reality without cherry-picking problems the rich create while ignoring the problems the poor create would undermine his ability to people please the poor and get elected.
It's all bullshit - I don't know how many Obamas and Yangs it'll take for people to realize that there is no benevolent politician that can make the problems of the poor go away without having the poor change their ways, the same way there is no trainer that can make you get in shape without you working your ass off.
UBI or not - smart/creative people would rather not live among or deal with self destructive, dangerous dummies. Self destructive, dangerous dummies are being very actively replaced by robots who don't have the downsides of human beings.
The only bargaining chip the dummies have, is that they are still necessary for the infrastructure to function. This power will be eroded away, until one day, the dummies' only argument will be that of a street beggar - won't you spare some change? And the smart/creative class will throw some change their way, they'll call it UBI.
If the government starts giving me enough money each month to subsist while drastically raising taxes on my earnings from employment then I'll simply stop working. I would imagine most people would do the same.
Announced on https://open.spotify.com/episode/1xb2GYUPxoGAprDj3G4Idz?si=A... I've got to say, I've moved almost entirely to consuming information via podcasts and Yang Speaks is one of my top ones. 1. Find some smart people/organizations you trust 2. Listen to them daily
I refuse to support what Spotify is trying to do to the podcast market.
Years ago, proponents of UBI claimed that it was a replacement for all other forms of social welfare. Now it appears by most proposals to be yet another means-tested add-on. What happened?
Every single proposed UBI was either insufficient to cover people's basic needs, obscenely expensive, or both. That's what happened. There simply isn't enough tax revenue, even if you seized 100% of the wealth and future earnings of the wealthy, to provide a basic income sufficient for most people to live off of.
Also a lot of proposals would have ended up giving the poor and elderly less than they get under current programs. And the claims of reduced overhead wouldn't have made much of a dent in things either, IIRC admin costs for Social Security are less than 1% of what the actual payouts are
If the government starts giving me enough money each month to subsist while drastically raising taxes on my earnings from employment then I'll simply stop working. I would imagine most people would do the same.
What will you do with your new free time?
I'd focus on accumulating non-monetary assets. Board seats, political connections, et cetera.
Years ago, proponents of UBI claimed that it was a replacement for all other forms of social welfare. Now it appears by most proposals to be yet another means-tested add-on. What happened?
If the government starts giving me enough money each month to subsist while drastically raising taxes on my earnings from employment then I'll simply stop working. I would imagine most people would do the same.
For a few months maybe. Soon, you will realise that to keep your previous lifestyle (or to simply fill your time with something other than browsing text-heavy sites) you need to work. So you will go back to work. And so will everyone else.
Earlier quoted context omitted.
Yep and as a replacement, it was supposed to drastically cut administrative costs.
I think that was a major point, too, because a significant portion of the money available for social assistance is spent on deciding who can get it and fighting 'fraud'. A blanket universal give is a lot easier. However - I've always been puzzled by how each person in the US doesn't have a public, singularly identifying number assigned. Doesn't that make even an 'universal' basic income hard to define? How do you gua…
https://www.cbpp.org/research/social-security/policy-basics-...
If the government starts giving me enough money each month to subsist while drastically raising taxes on my earnings from employment then I'll simply stop working. I would imagine most people would do the same.
What will you do with your new free time?