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Old 03-09-2016, 07:32 PM
 
3,350 posts, read 1,239,574 times
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Quote:
Originally Posted by rruff View Post
No you don't give it up. But you also don't get $8k on top of it.

$8k/yr is enough to live on. I'm quite certain of that.

BI should be linked to GDP and tech unemployment rates. I think 15% of GDP is a good start. If computer and robotic capabilities increase as much as expected, few people will be able to earn a wage 50 years from now.
So now you wanna steal money from people to give to other people and screw over people who have paid into forced social security their entire lives. Sounds great.

Leach on society here's 10 k a year. Worked your whole life and were forced into SS for 40 years and would get paid 10k a year- here's 10 k a year. same as the deadbeat who will never contribute anything.
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Old 03-09-2016, 07:34 PM
 
Location: Ruidoso, NM
5,668 posts, read 6,598,326 times
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Quote:
Originally Posted by HappyTexan View Post
Sure I would. Basic income is for EVERYONE, rich, poor and in between
I definitely agree with it not being means tested, but it just seems silly to give extra money to someone who is already getting larger government handout.

SS needs to be regarded as welfare for old people. I know that isn't how it was sold, but that's really what it is. It's a tax that working people pay to support the retired. And I'll be getting my check pretty soon as well.
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Old 03-09-2016, 07:35 PM
 
3,350 posts, read 1,239,574 times
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Quote:
Originally Posted by rodentraiser View Post
Not everyone can have roommates. Many apartments won't let more than two or three people share it without charging extra. They especially don't want young adults sharing apartments because of the damages and the noise complaints. Even if you're renting a 4 bedroom house, the rent then becomes so high that each roommate is paying what is probably the equivalent of a studio apartment anyway. I pointed out in another thread that one of my friends had her mom move in with her into a double wide 2 bedroom trailer. The landlord promptly jacked the rent up because the original rent was only for 1 person living there.




Hungry children are something that is better avoided, wouldn't you say? The "laws" we have for this type of problem are already stretched to the limit. There are over 300,000 children in foster care right now looking for a permanent home. Why add more to the mix if we don't need to?

I seriously doubt in this country we can afford to give everyone a basic income. I just don't see it happening. Especially given the fact that we can't seem to stay out of a war for more than 15 years.

And I really don't think anyone is going to receive a basic income that will allow them to rent an apartment in most places in the country. Not and live where they can get a job as well. If you're going to pay $1500 to $2000 a month for a one bedroom apartment, then for it to cost only half your income, you'd have to be given at least $36,000 to $48,000 a year. Where is that kind of money going to come from?

And not everyone living on the street is a drug user or alcoholic. Many people lost their homes and jobs in 2008, and an equal number lost their savings or retirement pensions through no fault of their own. Walking away from that and saying tough luck isn't what this country is about, although sometimes you'd wonder.
this is completely and utterly false.2 bedrooms don't cost double 1 bedrooms, 3 bedroom don't cost double 2 bedrooms etc.
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Old 03-09-2016, 07:40 PM
 
Location: Ruidoso, NM
5,668 posts, read 6,598,326 times
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Quote:
Originally Posted by rodentraiser View Post
If your rent is $1000/month, then rent alone would be $12,000/yr.
Roommates? Live in a town where rents are $400/mo? I'm not going to keep repeating myself. I went through this in detail a few pages back.

Bottom line is a person can live on $8k/yr easily. I know this for a fact because I've lived on a lot less.
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Old 03-09-2016, 10:00 PM
 
4,369 posts, read 3,726,103 times
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Quote:
Originally Posted by rruff View Post
Roommates? Live in a town where rents are $400/mo? I'm not going to keep repeating myself. I went through this in detail a few pages back.

Bottom line is a person can live on $8k/yr easily. I know this for a fact because I've lived on a lot less.
Doctors in the 1940s lived the high life on 8k.
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Old 03-09-2016, 10:03 PM
 
Location: Ruidoso, NM
5,668 posts, read 6,598,326 times
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Quote:
Originally Posted by Perma Bear View Post
Doctors in the 1940s lived the high life on 8k.
And how is that relevant? $8k in 1940 = $135k in 2016.
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Old 03-09-2016, 10:08 PM
 
4,369 posts, read 3,726,103 times
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Quote:
Originally Posted by rruff View Post
And how is that relevant? $8k in 1940 = $135k in 2016.
Because you said you lived on less than 8k and didn't give a year. It can be just as anecdotal as my example.
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Old 03-09-2016, 10:52 PM
 
Location: Ruidoso, NM
5,668 posts, read 6,598,326 times
Reputation: 4817
Quote:
Originally Posted by Perma Bear View Post
Because you said you lived on less than 8k and didn't give a year. It can be just as anecdotal as my example.
I'm not quite that old...

I said I lived on a lot less than $8k per year (~$4k), and it was as recently as 2003.

Here is a breakdown of hypothetical expenses for someone who wants to live on $8k/yr: http://www.city-data.com/forum/43228295-post226.html
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Old 03-09-2016, 10:55 PM
 
4,369 posts, read 3,726,103 times
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Quote:
Originally Posted by rruff View Post
I'm not quite that old...

I said I lived on a lot less than $8k per year (~$4k), and it was as recently as 2003.

Here is a breakdown of hypothetical expenses for someone who wants to live on $8k/yr: http://www.city-data.com/forum/43228295-post226.html
Might as well live under an overpass at that point. Where are these magical 600 dollar apartments? 2 bedrooms is 3000 here.
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Old 03-09-2016, 11:07 PM
 
Location: Ruidoso, NM
5,668 posts, read 6,598,326 times
Reputation: 4817
Quote:
Originally Posted by Perma Bear View Post
Might as well live under an overpass at that point. Where are these magical 600 dollar apartments? 2 bedrooms is 3000 here.
Maybe you should get out more?

I live in the highest rent area for many miles around. Resort town. Plenty of $600 apartments here. I lived in a 2 bd 2ba condo that was $550 3 years ago before I bought a house. There are many towns that are cheaper than this.

This should be pretty obvious but I guess it needs stating. The BI isn't going to pay for you to live and not work in a fashionable, big city, high rent area. If that is where you want to be, then you need to get a job.
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