111–120 of 236 posts
If I politicaly dissent from the majority (whomsoever that is or whatever they believe) what stops them—the government as often described—from stopping UBI from those that are deemed "unfit."
I'd like to make food stamps automatic for everyone. It makes pretty good sense to me. Everyone who has a driver's license or is enrolled in school or is registered to vote gets food stamps. The most hateful southern baptists in my family who are still screaming about Obama's death panels can still agree that donating to food banks is a good idea. I can understand people who say "I don't want to pay higher taxes to s…
Yes, of course giving people money makes their lives better. It especially works when a very small subset of the population receives such treatment, such that their relative income is higher than those outside the experiment. The issue with UBI is that enacting it at scale has two huge problems: 1. Financing it. These programs are monumentally expensive. You need to get the money from somewhere. The easiest place to…
> The USA did this during the COVID era. Japan has being doing this for decades now and, AFAIK, there hasn't been any terrible consequences. What are they doing differently? imf.org says Japan's dept to GDP ratio is 214% and the US' is 110%.
Yes, of course giving people money makes their lives better. It especially works when a very small subset of the population receives such treatment, such that their relative income is higher than those outside the experiment. The issue with UBI is that enacting it at scale has two huge problems: 1. Financing it. These programs are monumentally expensive. You need to get the money from somewhere. The easiest place to…
> The USA did this during the COVID era. Japan has being doing this for decades now and, AFAIK, there hasn't been any terrible consequences. What are they doing differently? imf.org says Japan's dept to GDP ratio is 214% and the US' is 110%.
https://www.statista.com/statistics/263578/gross-domestic-pr...
Yes, of course giving people money makes their lives better. It especially works when a very small subset of the population receives such treatment, such that their relative income is higher than those outside the experiment. The issue with UBI is that enacting it at scale has two huge problems: 1. Financing it. These programs are monumentally expensive. You need to get the money from somewhere. The easiest place to…
One question I have is, how much of that inflationary period has been due to supply issues that would have occurred regardless of stimulus checks?
I share your skepticism about the "lol just tax the rich" approach. I'm not sure how true it is that taxes "hobble our most productive citizens" (what are you alluding to about china?), I generally just think rich people inevitably outmaneuver the government trying to tax them, and that rich people really shouldn't be "earning" that much to begin with (because I think their earnings in most cases has fuck-all to do with their actual "productivity"). I imagine there are plenty of smart people who have thought up other ways of socializing the fruits of economic growth in, idk, better ways.
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Yes, of course giving people money makes their lives better. It especially works when a very small subset of the population receives such treatment, such that their relative income is higher than those outside the experiment. The issue with UBI is that enacting it at scale has two huge problems: 1. Financing it. These programs are monumentally expensive. You need to get the money from somewhere. The easiest place to…
> The USA did this during the COVID era. Japan has being doing this for decades now and, AFAIK, there hasn't been any terrible consequences. What are they doing differently? imf.org says Japan's dept to GDP ratio is 214% and the US' is 110%.
update: first thing remains true. but china owns less parts of the us depth by now, its more distributed among other countries.
He didn’t take into account that there are destructive jobs, whose workers significantly contribute to the destruction of the conditions which render the planet habitable.
The planet would be better off if those folks received a UBI for staying at home