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Started By
Message
re: Is UBI Inevitable At This Point?
Posted on 10/9/20 at 10:32 am to TheNewOrleansSaints
Posted on 10/9/20 at 10:32 am to TheNewOrleansSaints
Ubi will never happen. It can't, unless the government literally takes complete direct control over every company in the country. Because the goal of a company is profit, what does it profit companies to invest massively in robotics and other things people claim inevitably lead to ubi, when those same companies are just going to have to pay those extra profits right back to the government to fund ubi? While simultaneously putting productive workers out of jobs and onto ubi (subsistence level) so they will no longer have disposable income, whos going to be buying the products they sunk all that capital into making? Ubi is on the same level as the perpetual motion machine. That doesn't even address the little issue of once everybody has ubi, the way people are going to try to get elected will be what they always do, promise more free stuff. Who honestly thinks if ubi did happen it's going to just stay at that level, plus how inflation would feed back into that scheme.
This post was edited on 10/9/20 at 5:16 pm
1
Posted on 10/9/20 at 10:34 am to Eli Goldfinger
quote:
If it happens, I will semi retire early and get a job driving a school bus for benefits.
You’ll find me at the lake catching crappie.
They’ll basically be turning a 6-figure taxpayer into a government mooch, but in the words of Merle Haggard “it’s time some guys like me have some fun”.
You and me both my friend.
Posted on 10/9/20 at 10:48 am to DMAN1968
Race you to the boat ramp!
This post was edited on 10/9/20 at 11:04 am
Posted on 10/9/20 at 11:00 am to TheNewOrleansSaints
People who think UBI is going to be necessary anytime soon remind me of the patent office guy wanting to shut the whole office down in the 1700s because he thought everything had been invented already.
If we as a society start rewarding people for simply existing and nothing else we will fall apart quickly. We are seeing the unintended consequences of welfare state and it would be 1000x worse with UBI.
Also politics will be a disaster. Elections will turn into who can promise the biggest UBI increase. All you need are 51% of the population dependent on UBI and you’ll never lose another election.
UBI is a trash idea
Posted on 10/9/20 at 11:02 am to TerryDawg03
quote:
The response to COVID will end up being one of the biggest economic fleecings ever.
And it wasn't hard to see coming. Nor was the fleecing of civil liberties, which Americans aren't even willing to comprehend at this stage.
The Right has no idea how badly it fricked itself this past March/April.
Posted on 10/9/20 at 11:07 am to narddogg81
quote:This is an excellent post.
Ubi will never happen. It can't, unless the government literally takes complete direct control over every company in the country. Because the goal of a company is profit, what does it profit a companies to invest massively in robotics and other things people claim inevitably lead to ubi, when those same companies are just going to have to pay those extra profits right back to the government to fund ubi? While simultaneously putting productive workers out of jobs and onto ubi (subsistence level) so they will no longer have disposable income, whos going to be buying the products they sunk all that capital into making? Ubi is on the same level as the perpetual motion machine. That doesn't even address the little issue of once everybody has ubi, the way people are going to try to get elected will be what they always do, promise more free stuff. Who honestly thinks if ubi did happen it's going to just stay at that level, plus how inflation would feed back into that scheme.
Any proponent of UBI is broadcasting they have no idea how wealth is created. UBI is the equivalent of paying half the country to dig holes and paying the other half to fill them up. Without the shoveling.
Posted on 10/9/20 at 11:26 am to Taxing Authority
quote:
Any proponent of UBI is broadcasting they have no idea how wealth is created. UBI is the equivalent of paying half the country to dig holes and paying the other half to fill them up. Without the shoveling.
You post this like wealth creation is an objective on the Left's target list. Don't rest easy because UBI doesn't make sense to you. For all the reasons you find the idea wrongheaded, it's the perfect program for the active Left.
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