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re: Silicon Valley billionaire admits that it's time for Universal Basic Income
Posted on 8/18/17 at 9:06 pm to rintintin
Posted on 8/18/17 at 9:06 pm to rintintin
quote:same thing that happens today. Even low IQ people can have value.
When that happens low IQ people will have nothing productive to contribute.
Posted on 8/18/17 at 9:08 pm to Taxing Authority
quote:Agreed, but as it's set up now, it's almost rational for them to take entitlements, but the problem is that the only way to keep them is by not working. So at least with a UBI, and no entitlement state, they (and everybody else) isrnot penalized for working and doing more.
same thing that happens today. Even low IQ people can have value.
Posted on 8/18/17 at 9:10 pm to buckeye_vol
Utopia! In a text book anyway.
Posted on 8/18/17 at 9:12 pm to PrimeTime Money
quote:
The worry I have is that people will keep wanting more and more money and/or bring back welfare also, thus making it way more expensive than it was originally meant to be.
Ding ding ding..
Give them a jobs. There is plenty of shite we need done in country.
You want welfare or a universe wage? Fine. You get a job.
Cleaning up public property, cleaning toilets, cleaning public building windows, watering gardens, working homeless shelters, whatever. Make them do something to earn it. Don't just mail a check to their lazy asses with no strings attached.
Hell you can work trade education into it. Go to school everyday for 8 hours to learn a trade and you get a check.
Also, every person on it is on mandatory birth control which must be verified effective before every check.
This post was edited on 8/18/17 at 9:20 pm
Posted on 8/18/17 at 9:16 pm to Breesus
No, no. This is the answer. These economists debated it, and it was taught at the LSU Graduate School of banking.
Nothing could ever go wrong with UBI. I mean look how well some other similar government programs worked out.
Nothing could ever go wrong with UBI. I mean look how well some other similar government programs worked out.
Posted on 8/18/17 at 9:20 pm to buckeye_vol
quote:You could change that now without resorting to UBI. Some serious progress was made under the Clinton admin with work-for-welfare rules. But, Obama rolled a lot of those rules back.
Agreed, but as it's set up now, it's almost rational for them to take entitlements, but the problem is that the only way to keep them is by not working. So at least with a UBI, and no entitlement state, they (and everybody else) isrnot penalized for working and doing more.
This post was edited on 8/18/17 at 9:24 pm
Posted on 8/18/17 at 9:22 pm to Breesus
quote:This is where it inevitably leads. Forced labor...
You want welfare or a universe wage? Fine. You get a job.
quote:... and bigger, more powerful, more invasive government.
Also, every person on it is on mandatory birth control which must be verified effective before every check.
No thanks.
Posted on 8/18/17 at 9:25 pm to Bench McElroy
You can't have a UBI without getting rid of traditional welfare and I don't think that would ever fly.
Posted on 8/18/17 at 11:17 pm to Bench McElroy
I read an article a few days ago discussing somewhere where the UBI was tested. Entrepreneurship did not go up as they expected - people should have been free to pursue their dreams. What happened was people were satisfied to just live off the universal basic income. They did not start businesses or go find jobs.
Wish I could remember where I read that so I could link.
Wish I could remember where I read that so I could link.
Posted on 8/18/17 at 11:33 pm to ChEgrad
quote:
I read an article a few days ago discussing somewhere where the UBI was tested. Entrepreneurship did not go up as they expected - people should have been free to pursue their dreams. What happened was people were satisfied to just live off the universal basic income. They did not start businesses or go find jobs.
The needed data is already available without implementing a limited scale UBI, just study those that were forced to take a early retirement at a age where there would normally be many years of productive work life left. In my limited experience those that are able to maintain what they consider a decent standard of living without pursuing a "dream" or another career do so. I am in this group, and even though I have marketable ideas and the skills to produce them, what I call "freedom of mind", the ability to think about only what is important to me at any given moment outweighs any thing I could do that would generate more income. I will gladly reduce my standard of living to maintain that freedom if needed before I would pursue another paying occupation.
Posted on 8/19/17 at 12:05 am to Bench McElroy
quote:
“Doesn't have to be much, but giving people even a very small safety net would unlock a huge amount of entrepreneurialism,” Mr Butterfield tweeted recently.
We can't even do that with welfare and social security. I honestly doubt these billionaires believe that. I think they just thinks popular to say and curry popular favor.
Posted on 8/19/17 at 12:10 am to Bench McElroy
quote:
He went on to suggest that the billions spent on university education around the world each year would be put to better use if given directly to individuals as a an unconditional payment.
Look, I agree many have no need attending the Universities and building up great debt. Not everyone should be going to school.
However, giving monetary assistance for nothing does not breed ambition, or desire to build commerce. It breeds dependency, fraud, and a slew of other socioeconomic problems.
Posted on 8/19/17 at 12:45 am to Iowa Golfer
quote:You know. There are a lot of us who are too pretentious and arrogant than we should be. But for someone with your level of arrogance, you don't ever provide much to support it. Either you're doing us a disservice by not allowing us access to your immense knowledge and reasoning, or you don't have the goods.
Silicon Valley billionaire admits that it's time for Universal Basic Income by Iowa Golfer
No, no. This is the answer. These economists debated it, and it was taught at the LSU Graduate School of banking.
Nothing could ever go wrong with UBI. I mean look how well some other similar government programs worked out.
This post was edited on 8/19/17 at 12:46 am
Posted on 8/19/17 at 2:02 am to Bench McElroy
He assumes others are like he is. A desire to build and create. Wrong.
Posted on 8/19/17 at 2:22 am to Bench McElroy
If you're against UBI then you truly are a socialist and support socialist government. UBI is the end all to 90% of social welfare programs in this country, yet too many are too fricking ignorant to realize that. You're basically taking away the incentives to not work and yet the people who claim to be conservative and right thinkers are against it.
This post was edited on 8/19/17 at 2:40 am
Posted on 8/19/17 at 2:27 am to Bench McElroy
Now why would billionaires want to redistribute wealth? So that everyone could afford their products and they can become trillionaires?
Posted on 8/19/17 at 2:30 am to DAbully
quote:
If you're against UBI then you truly are a socialist and support socialist government. UBI is the end all to 90% of social welfare programs in this country, yet too many are too fricking ignorant to realize that. You're basically taking away the incentives to not work and yet the people who claim to be consevatives and right thinkers are against it.
I bet you thought lottery money would fix education
Posted on 8/19/17 at 2:38 am to gthog61
quote:
I bet you thought lottery money would fix education
Dont know enough about that but I do know you are for incentivising the non-working by being against UBI. Sorry bro but neither side of the isle is doing away with social welfare. UBI is unanimously championed by the smartest economist, right and left. But if you prefer the way it is then have at it. Doesn't bother me either way.
This post was edited on 8/19/17 at 2:39 am
Posted on 8/19/17 at 2:42 am to Iosh
quote:
He went on to suggest that the billions spent on university education around the world each year would be put to better use if given directly to individuals as a an unconditional payment.
Show me the lie
Except for the bolded part (also ignoring grammar), seems reasonable enough.
Posted on 8/19/17 at 3:39 am to gthog61
quote:ill laugh if one day they automate slanging dope at the corner
Awesome people with too much time their hands commit most of the crimes
Let's make more
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