• This Presidential Candidate Wants to Give Every Adult $1,000 a Month
    117 replies, posted
I'd rather just cut the administrative steps between unemployment and the check, consolidate many of the other safety programs into one like tanf and snap and the other few programs, and give people health care coverage than a UBI
May as well since companies have already gone there with 'there's no such thing as a salary anymore, all of you are independent contractors now so that we don't have to care about unemployment or firings'.
That would benefit older people more so than younger ones trying to enter the workforce, though.
Still -- it is nonetheless better than our present approach. We are the Titanic whose Captain has been told about the oncoming Iceburg and his reaction so far has been 'it's a fine ship, we can easily brush that little ice cube off; you're being dramatic'.
Loss of jobs by automation is already happening by the way. Sears went bankrupt not too long ago and Payless shoes went bankrupt just the other week.
I'm just more worried about how this will be abused, not by the poor or destitute, but by a government seeking to control a populace. The US is already on a very touchy precipice, imagine having to get UBI only if you're a good little boy or girl. I'm still of the mindset that Automation isn't the answer and its being researched and created to our detriment, not the betterment.
not really, just giving people healthcare alone would do so much for livability in this country, its just disgusting how repulsed politicians are by the idea of people just getting treated when they need it even the ones that genuinely believe that the private system is better than a government system can't come up with any way to ensure everyone in this country gets the treatment they need when they need it, irregardless of one's employment status.
Some courses at the trade school in my county run for about $1,500 for the entire program. At community college it costs $2,500 for just one semester. It's only a better route if you're fresh out of high school and have access to dozens of scholarships and grants that can slide you through easily. And after that, no one gives a shit about associate degrees - this world runs on bachelors-or-bust.
Yeah but I got no other option so my only shot is sucking it up or hoping my writing takes off. Guess which is more likely.
He plans on having the the 001% finance, and they most certainly can.
Don't get me wrong, I think college can open up a lot of opportunities. But from my personal experience, if you're on the verge of your early 30s and just now figured out what things you would like to do with your life, you're royally fucked. Especially if you want to go back to school - trade schools are financially easier to afford than community college. I'm just doubly fucked because my specific county decided to cater to a bunch of high school kids rather than the working class adults in the region.
No, he plans on having a VAT to finance it. His own words.
Watch the rogan interview, there's more than one revenue source, as there should be. VAT will be the primary source, but there will scaling on earned income as well.
Unfortunately, Bachelor Degrees alone probably aren’t even enough these days tbh. Most of the old blokes and sheilas in my line of work only really needed a single Bachelor degree and their professional accreditation, and that was all they needed to be set for a career for life. In my career path in this day and age, where everyone has at least a Bachelor degree, it’s an arms race to stand out. I myself obtained two Bachelors Degrees before I started my professional accreditation, and no joke, I’m probably going to go back for a Masters. 13 years of K-12, 6 years of undergraduate study at uni, 3 years of postgrad with a professional body, and another 2 years minimum for a Masters. It never ends.
That's great and all but his goal is to help the impoverished get economic stability, not healthcare. You're starting to orbit an entirely different discussion.
Won't landlords just up their prices by $1000 so you'd be paying the same as before?
Gradually. Many rents are set by length of time contracts. When their contract nears expiration and resigning, then it'll go up.
Actually the second plank of his platform is universalized healthcare, and the third is getting international relations normalized with equal asides of higher education reform and a serious overhaul of big pharma.
One of the underlying ideas is that rich people don't spend money as much as they should. This is, economically, a problem. We have an ever increasing percentage of our wealth concentrated in an ever dwindling number of people. How much money can one person ACTUALLY spend? So you use the government to enforce taxes on the wealthy to drop some of that pay back down to the lower classes. The lower classes then in turn spend more money on retail goods and improve the economic health of the nation. This, in turn, improves the stability of the country and allows for the upper classes to continue living comfortably with their businesses thriving under them. Wealth doesn't do you a great deal of good if the country collapses under you.
UBI is going to have to become a thing eventually. The money is all funneling up, and automation is going to hit a boom leaving a lot of people out of a job
Financing UBI through what is essentially a regressive tax has got to be the most retarded idea I've heard to fund universal income.
I like the idea of universal income, but the cost would be staggering. You wouldn't be able to do $1000 per person. You'd have to do it by household and probably half that amount. Let's do some math. According to the U.S. Census Bureau in 2018, there were about 127.59 million households in the United States. If you take that number and multiply by $500 then you get $63,795,000,000. That's per month. If that's done per year that's $765,540,000,000. That's still a lot of money, but that could be doable with the current state of the US economy. At $1000 per month it's $1,531,080,000,000. That's every year. Keep in mind this talking about purely by household. If you did it by people you're talking about trillions of dollars per year.
Well yeah sure the numbers are big and scary, but you need to look at the science and not rely on your feelings about big numbers. http://rooseveltinstitute.org/wp-content/uploads/2017/08/Modeling-the-Macroeconomic-Effects-of-a-UBI.pdf This paper examines the theoretical effects of 3 different forms of UBI, and the 1000 per adult per year would increase the US GDP by around 13%. They also modeled the necessary tax increases on various brackets to make this happen. It's not that outlandish an idea, is the point.
I don't know how feasible a universal income is atm but it pretty much has to arrive at some point unless we want to live in a cyberpunk dystopia.
How exactly would this work for every adult american? I'd imagine it wouldn't be going to people with a high end income. What about people who have had endless criminal records or spend it on addictions like alcohol or drugs rather than needs?
I wish FP still had the optimistic ratings.
What do you think the word "universal" means in "universal basic income"
Somehow I can't imagine USA having a UBI any time soon, with all the shit going on and all the corruption, lobbying and whatnot I just don't see it happen. Especially with things like government shutdown, imagine an UBI could be affected by that.
how do we know this is a legitimate idea that will help and isn't carried out only as a feel-good tactic that doesn't do anything? and where will the money come from, especially considering this? To be sure, the policy might not formally exist yet for a reason. For one, it would be extraordinarily expensive. The Center on Budget and Policy Priorities, a nonpartisan think tank, estimates a basic income of $10,000 a year — $2,000 less than Yang’s proposal — would cost the government $3 trillion a year. Social Security, by comparison, totaled $988 billion in Fiscal Year 2018. doesn't seem feasible to me
I mean it shouldn't take a rocket scientist to realize that it won't be implemented to everyone like right off the bat ffs. The only way to fully implement UBI is a slow implementation of it. The people who should receive it first would be people who are suffering the most economically. And then slowly build on that. Given the evidence that UBI helps grow the GDP, a gradual process of implementation that corresponds with the growth of the GDP would eventually make the full implementation feasible.
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