- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
It's time for a Universal Basic Income
Posted on 9/9/14 at 8:53 am
Posted on 9/9/14 at 8:53 am
This article was on the front page of Yahoo...
LINK
LINK
quote:
Free money for everyone!
With weak job growth, rising poverty, and the rich continuing to devour nearly all economic growth, it's an idea that is gaining more credence. Arguments for a universal basic income (UBI) — in which everyone without exception would receive an equal stipend — have flourished in policy-centric areas of the internet, including The Week. Advocates of UBI see it as a blunter, more effective means of reducing poverty and shrinking the inequality gap.
quote:
Therefore, one can easily imagine the historical process described by Marx going in reverse. In today's labor market, where there are still twice as many job seekers as job openings, the constant conservative carping about the "dignity of work" sounds more jarring and vindictive by the day.
As someone with a nice, stimulating job, I agree that work can help people flourish. But in an economy that is flatly failing to produce enough jobs to satisfy the need, a universal basic income will start to seem more plausible — even necessary.
14
Posted on 9/9/14 at 8:56 am to Fun Bunch
It blows my mind that people think this system works. Time and again, history has given us countless examples where it doesn't.
Posted on 9/9/14 at 8:57 am to Fun Bunch
Ridiculous
If everyone had a universal income.. it then would be the same as everyone not having a universal income. Based on supply and demand, and natural economic market laws (unless the gov't is going to start setting prices too), all prices would raise by the value of the universal income, cancelling it out.
Not to mention, if everyone had a UBI... why would anyone flip burgers? Mop floors? Collect garbage? Someone has to do those jobs. And I am sure most people would rather sit on their asses than do some menial job. Therefore places like McDonalds would have to pay $15 an hour to attract people to flip burgers. Hello higher prices.
If everyone had a universal income.. it then would be the same as everyone not having a universal income. Based on supply and demand, and natural economic market laws (unless the gov't is going to start setting prices too), all prices would raise by the value of the universal income, cancelling it out.
Not to mention, if everyone had a UBI... why would anyone flip burgers? Mop floors? Collect garbage? Someone has to do those jobs. And I am sure most people would rather sit on their asses than do some menial job. Therefore places like McDonalds would have to pay $15 an hour to attract people to flip burgers. Hello higher prices.
Posted on 9/9/14 at 8:58 am to Fun Bunch
I've been unemployed for about 6 months and even I think this is a bad idea. It encourages laziness, and poor money choices. This doesn't help anybody.
Posted on 9/9/14 at 9:00 am to goldennugget
well the concept of the universal/basic income is more of a replacement of what we have, which is a bunch of programs that indirectly give a universal/basic income. this isn't just welfare. things like military expenditures and other pork are part of the system
we're going to have some demographic issues in a few decades as long as technology continues to advance. THAT is when we'll have an issue
we're going to have some demographic issues in a few decades as long as technology continues to advance. THAT is when we'll have an issue
Posted on 9/9/14 at 9:01 am to Fun Bunch
quote:
where there are still twice as many job seekers as job openings,
This isn't the message heard on the evening news.
Posted on 9/9/14 at 9:03 am to Fun Bunch
To control people, you have to give them something. Stability, environment, peace, money, hope all work to some degree.
Posted on 9/9/14 at 9:03 am to bamarep
quote:
It blows my mind that people think this system works. Time and again, history has given us countless examples where it doesn't.
The communists know it doesn't work. They just have to dupe enough useful idiots into believing the lie. They've indoctrinated them in government schools and thru the media over the last 50 years. Truth about the failures of communism/socialism is not presented. Thus this lunacy seems plausible to the idiots.
Posted on 9/9/14 at 9:04 am to 91TIGER
quote:
Thus this lunacy seems plausible to the idiots.
It's like when I was a kid my dad taught me a lesson. I wanted a toy or something and he said he didn't have any money for it. I asked him to go to the ATM and have it give him money like it always does.
That is the mentality of the left. They think money grows on trees.
Posted on 9/9/14 at 9:05 am to goldennugget
As usual, progressives take a perceived problem and tout the most simplistic solution without any thought whatsoever as to how to rationally implement said plan of action or the adverse repercussions that would flow therefrom.
Posted on 9/9/14 at 9:07 am to SlowFlowPro
quote:
we're going to have some demographic issues in a few decades as long as technology continues to advance. THAT is when we'll have an issue
I agree.. the UBI is something that may become necessary as technology and automation advance past the need for the majority of jobs.. but we're not there yet and won't be for at least 20-30 years.
Posted on 9/9/14 at 9:10 am to son of arlo
quote:
To control people, you have to give them something.
Yeah, millions of people with nothing to lose = Ferguson, MO.
Posted on 9/9/14 at 9:11 am to baytiger
quote:
the UBI is something that may become necessary as technology and automation advance past the need for the majority of jobs.. but we're not there yet and won't be for at least 20-30 years.
on the flip side, we could just start promoting a policy of emigration, which is my preferred model
as a state we need to start securing deals with countries NOW to allow for easier transition of our emigrating populations
Posted on 9/9/14 at 9:13 am to 91TIGER
quote:
Thus this lunacy seems plausible to the idiots.
This pessimistic view totally ignores the fact about how the majority of those getting something for nothing will spontaneously transform into artists, musicians, and poets. Why do you guys hate culture?
Posted on 9/9/14 at 9:20 am to Fun Bunch
F
"Moronic" doesn't even begin to describe this.
Remove all income taxes. Charge businesses a 20% corporate tax if they compensate any employee more than 500% more than their least compensated employee. This makes "spreading the wealth" to the lower economic levels an attractive proposal to businesses without making the contrary so burdensome that they leave the country.
quote:
ree money for everyone!
With weak job growth, rising poverty, and the rich continuing to devour nearly all economic growth, it's an idea that is gaining more credence. Arguments for a universal basic income (UBI) — in which everyone without exception would receive an equal stipend — have flourished in policy-centric areas of the internet, including The Week. Advocates of UBI see it as a blunter, more effective means of reducing poverty and shrinking the inequality gap.
"Moronic" doesn't even begin to describe this.
Remove all income taxes. Charge businesses a 20% corporate tax if they compensate any employee more than 500% more than their least compensated employee. This makes "spreading the wealth" to the lower economic levels an attractive proposal to businesses without making the contrary so burdensome that they leave the country.
Posted on 9/9/14 at 9:27 am to bamarep
quote:
It blows my mind that people think this system works. Time and again, history has given us countless examples where it doesn't.
We also have most of human history to show us that consolidation of wealth and power among a relative few in a ruling class doesn't work.
When obesity is an epidemic, no one should starve. The problem is that when you set up programs to prevent people from starving, you end up creating and fostering dependency. I don't know of a solution to that problem, and I don't think anyone else does either.
Posted on 9/9/14 at 9:27 am to Fun Bunch
This only benefits the government, not the people. This has nothing to do with giving people the means to live. The net effect towards buying power will be zero, at best. What it does do is give the government more control over our lives, because now everyone who receives this depends on it. What the government gives, the government can take away from whom it wishes.
Posted on 9/9/14 at 9:30 am to uway
quote:
When obesity is an epidemic, no one should starve. The problem is that when you set up programs to prevent people from starving, you end up creating and fostering dependency. I don't know of a solution to that problem, and I don't think anyone else does either.
In this case though, it's easy to see what the solution isn't. The solution isn't implementing a Minimum Wage v2.0 that can be used to basically buy votes every election. Want more money? Just vote for whoever is advocating raising the UBI.
Bad idea is terri-bad
Posted on 9/9/14 at 9:31 am to baytiger
quote:
I agree.. the UBI is something that may become necessary as technology and automation advance past the need for the majority of jobs.. but we're not there yet and won't be for at least 20-30 years.
I don't know if I'm buying this. We've had technological innovations throghout history and we've never had this issue. As certain jobs become automated, new careers tend to pop up.
The problem isn't the number of available jobs. The problem is the people who are unemployed are not trained or are not willing or are not able to do the jobs that are available.
Posted on 9/9/14 at 9:38 am to Bard
quote:
Want more money? Just vote for whoever is advocating raising the UBI
You just stated why we are never going to win an election again if we don't come up with real solutions that make sense to people conditioned by generations of dependency. And endless sermons about self reliance will not make a bit of difference.
Not that the media would fairly portray the solution if anyone came up with it.
But I said above that I don't know of a solution. That's true, but I know what I would try. Assistance would be given in ways that make the experience considerably less pleasant than the alternative. Food distribution centers doling out rice, beans, potatoes, soup, etc. Think of the solutions to hunger in the Great Depression. Those were not likely to make people want to be dependent for generations.
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News