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re: Andrew Yang Wants to Prepare America for the Robot Revolution
Posted on 2/16/19 at 1:00 pm to CptBengal
Posted on 2/16/19 at 1:00 pm to CptBengal
quote:
Stop and think Antifa.
Option 1: liberty people keep an extra thousand a month
Option 2: take the money from the people. Hire a bunch of goverment workers. Have the goverment manage the UBI program. Then this new entity gives the money back
I'd pick option 1 every time
0
Posted on 2/16/19 at 1:01 pm to bmy
quote:It does not matter if such a mechanism is funded by tax dollars or printed for that purpose, every business in America is in an arms race to capitalize on a populace with more nominal purchasing power. This would happen (probably quickly) to the point that real wealth or purchasing power is unchanged, plus possible material damage to the economy and certain damage to the USD. The UBI will do nothing to lift the poor out of it and can only cause damage to the rest.
... the $12,000 comes from tax dollars.
This post was edited on 2/16/19 at 1:03 pm
Posted on 2/16/19 at 1:02 pm to RemouladeSawce
quote:
It does not matter if such a mechanism is funded by tax dollars or printed for that purpose, every business in America is in an arms race to capitalize on a populace with more purchasing power. This happens to the point that real wealth or purchasing power is unchanged, plus we've possibly materially hurt our economy and the USD would tank. There's no defensible support for the UBI.
Please explain how having a populace with more purchasing power could materially hurt the US economy and tank the USD
Posted on 2/16/19 at 1:08 pm to bmy
quote:Because the capitalist response to that reality is for every for-profit business in the economy to raise the prices of everything because they know people can more easily afford it.
Please explain how having a populace with more purchasing power could materially hurt the US economy and tank the USD
And eventually you're back where you're started. The poor can still only buy a set basket of goods and services, the units of measurement are just larger.
I should have clarified purchasing power with a nominal qualifier, but a UBI in a capitalist economy won't be of lasting benefit to anyone and can only hurt in price stability and the USD.
This post was edited on 2/16/19 at 1:10 pm
Posted on 2/16/19 at 1:12 pm to RemouladeSawce
One thing I think missing from your analysis is that this new paradigm likely involves incredible abundance. The very idea of scarcity could begin to break down.
Posted on 2/16/19 at 1:14 pm to RemouladeSawce
quote:
I should have clarified purchasing power with a nominal qualifier, but a UBI in a capitalist economy won't be of lasting benefit to anyone and can only hurt in price stability and the USD.
So.. reducing the total cost to administer government social programs and taking those savings + the value of services received/welfare given.. then evenly distributing those funds among the US population.. would hurt the economy?
That's idiotic
This post was edited on 2/16/19 at 1:15 pm
Posted on 2/16/19 at 1:19 pm to bmy
I'm sorry you went to BU for Econ and can't put it together but it's really not that hard.
This post was edited on 2/16/19 at 1:20 pm
Posted on 2/16/19 at 1:21 pm to RemouladeSawce
quote:
I'm sorry you went to BU for Econ and can't put it together but it's really not that hard.
TIL that taxing people $1,200 less per year would break the USD
Posted on 2/16/19 at 1:25 pm to bmy
quote:
UBI can essentially be the fair tax but conservatives oppose it
I'm opposed to it simply because it won't fix anything, in fact I could see it making things worse for the lower classes.
You want to see something like rent skyrocket? Give the lower class an extra "free" $1000 per month. We're talking everyone from the homeless, to McDonald's employees, to artists.
Suddenly people that couldn't afford rent before now can, and the rental market will go insane with price gouging. Where rental houses and apartments are already scarce, prices will rise by exactly $1000 per month - they were already full before people had that extra money, why wouldn't the landlords want that extra money?
This is just one of the many problems that would surface, amongst hard goods and vehicles going up in price. There would be a financing and home loan boom that would create a housing bubble that made the late 2000s look like child's play.
Posted on 2/16/19 at 1:26 pm to RemouladeSawce
Totally! They should remove Alaska's UBI as well. It is not fair for Alaska to get UBI while the rest of the country ain't gettin' any!
Posted on 2/16/19 at 1:27 pm to bmy
You're a fricking clown
Posted on 2/16/19 at 1:37 pm to RazorBroncs
quote:
Suddenly people that couldn't afford rent before now can, and the rental market will go insane with price gouging. Where rental houses and apartments are already scarce, prices will rise by exactly $1000 per month - they were already full before people had that extra money, why wouldn't the landlords want that extra money?
why do you stop at landlords? what about how developers and builders would react to an increased demand in housing?
This post was edited on 2/16/19 at 1:39 pm
Posted on 2/16/19 at 1:52 pm to NIH
quote:
Too many people already don’t have a purpose. Giving $1000 of tax payer money to these people isn’t going to help
The numbers will only continue to grow and begin to affect the white collar world with AI. At some point ubi is a likely component, but, again, purpose will be the real problem.
Posted on 2/16/19 at 1:52 pm to bmy
quote:Curious way of phrasing it. And add a zero. But glad to be of service.
TIL that taxing people $1,200 less per year would break the USD
Posted on 2/16/19 at 2:02 pm to cwill
quote:
The numbers will only continue to grow and begin to affect the white collar world with AI. At some point ubi is a likely component, but, again, purpose will be the real problem.
I really can't ge some of the posters in this thread. It's like they can't see the blindingly obvious.
This whole thing is pretty significant. And simple to grasp.
So what's the issue? We are literally close to the point where even the fairly limited AI's we have now could write formula romance or western novels.
What more does anyone need? This is very different from anything else in human history.
Literally there is no productive job for a lot of people at any wage. And to be honest they could give away their labor and not find a taker.
That's not a problem?
Posted on 2/16/19 at 2:09 pm to Sunbeam
If self driving cars come to pass in the next 10 years you will see massive, male blue collar unemployment and the demographics won’t matter.
I’m in o&g and I guarantee you most of the baw jobs are going to disappear. We already have automated monitoring and reporting on wells and facilities which has significantly reduced field personnel.
I’m in o&g and I guarantee you most of the baw jobs are going to disappear. We already have automated monitoring and reporting on wells and facilities which has significantly reduced field personnel.
Posted on 2/16/19 at 2:11 pm to Sunbeam
quote:
I really can't ge some of the posters in this thread. It's like they can't see the blindingly obvious.
They are so locked into far right politics they can’t escape themselves. They would rather dig their own graves then accept reality. That’s why the Republican Party is losing ground BIGLY. This is coming from a former Republican political strategist.
Posted on 2/16/19 at 2:40 pm to bmy
quote:
why do you stop at landlords? what about how developers and builders would react to an increased demand in housing?
Because my post was mostly concerning the lower classes - the people this program is designed to help the most - who are more likely to rent than own.
Posted on 2/16/19 at 3:48 pm to OleWarSkuleAlum
You must be available to the highest bidder. How much more did Yang offer you than Marco?
Also, are you going to apologize for your silly post that the “freedom dividend” is the same thing as corporate dividends? I hope yang has a better understanding of basic corporate law than you do.
Also, are you going to apologize for your silly post that the “freedom dividend” is the same thing as corporate dividends? I hope yang has a better understanding of basic corporate law than you do.
This post was edited on 2/16/19 at 3:50 pm
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