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re: Andrew Yang on Google, Amazon helping pay for his $1,000-per-month UBI plan

Posted on 8/20/19 at 8:13 am to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89621 posts
Posted on 8/20/19 at 8:13 am to
quote:

If that’s the case, he’s got my vote locked up


Classic - burn the whole building down to get your share of the ashes.



Can none of you UBI motherfrickers do math? Give or take 250 million adults - $1k per month, that's $250 billion - PER MONTH. $3 TRILLION per year.

There is no amount of savings from SNAP or Section 8 or social security (which will all remain intact, regardless of UBI, even if there are reductions or offsets) is going to make $3 T pop in out of thin air.

So, we'll have to print it. Which will make your $1000 a month worth about tree fiddy.
This post was edited on 8/20/19 at 8:14 am
Posted by Smeg
Member since Aug 2018
9406 posts
Posted on 8/20/19 at 8:56 am to
quote:

So, we'll have to print it. Which will make your $1000 a month worth about tree fiddy.

People who believe everyone can just be given $1,000/month free are not smart enough to realize that one it happens, that $1,000 won't be worth what it was before.

"Oh, rent, groceries, bills went up? Wait, even though I have an extra $1,000 I'm no better off than before? Who could have seen this coming?"
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