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Old Today, 03:59 AM
 
5,633 posts, read 3,130,855 times
Reputation: 3365

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Quote:
Originally Posted by lifeisruff View Post
It works for me.

Instead of giving that money to Banks, Corps and Special Interest Groups that just hide it offshore, give it to the American people who will spend it at the local grocery store.

Whats so hard about that?
Kind of an alien issue that many are understandably uncomfortable with.

"Get payed for existing?? That's absurd!".

It should be enough to keep from starving, but not enough to live off and do nothing.

Enough to help you if you become homeless. No need to beg, get food, clean and while you apply for a job, you at least have some money to get a bite and a motel room til' you can get back on your feet.

So it's not easy street, but your not damned to a life of homelessness..
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Old Today, 04:49 AM
 
24,948 posts, read 12,268,431 times
Reputation: 10677
Quote:
Originally Posted by Luciano700 View Post
Would UBI really work for the elderly, the disabled or for the poor?
No. They already collect a handful of free stuff.
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Old Today, 04:56 AM
 
30,402 posts, read 16,744,047 times
Reputation: 14099
Quote:
Originally Posted by Luciano700 View Post
Would UBI really work for the elderly, the disabled or for the poor?
"work" is a subjective term, but if a UBI were ever implmented in leu of the present rob and redstribution schemes, I'm convinced we'd eventually be told by vote seeking politicians that it isnt enough and other welfare schemes are absolutely neccesary so the old, sick and weak don't die on the streets
Wash rinse repeat
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Old Today, 05:00 AM
 
1,188 posts, read 638,939 times
Reputation: 1775
"Every american" would include people who are incarcerated or in other institutions, are newborn, are minors, are millionaires, are billionaires, or live in other countries. Seems unlikely the intention is to give these people $1,000 per month.
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Old Today, 05:04 AM
 
Location: OH->FL->NJ
10,361 posts, read 8,250,128 times
Reputation: 4451
Since jobs are available, this is a terrible idea. With automation, we may have to investigate again at a later date but we are not there yet.
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Old Today, 05:48 AM
 
2,148 posts, read 3,907,002 times
Reputation: 2626
Quote:
Originally Posted by Buckeye77 View Post
At least in Yang's proposal, only adults get the UBI.
Does that make it better?

The USA population is about 77% > 18 years old. That's 253.8MM people * $12,000/year / $3329MM/year budget and we end up with 91% of the budget being used for UBI. That's before administrative overhead, the requisite Medicare 4 All, free college, running the government, military, etc.

He proposes taxing Wall St transactions (I think). Do you think a) that much money can be pulled out of the financial sector without consequence, or b) Wall St wouldn't come up with new financial instruments/deals that circumvent the multi-trillion dollar tax?
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Old Today, 05:54 AM
 
Location: Atlanta, GA (Sandy Springs)
5,533 posts, read 2,926,389 times
Reputation: 4131
Quote:
Originally Posted by cachibatches View Post
It is the idiotic idea of a political party that has lost its ****ing mind. Your math is admirable, but all you have to say is that we are already 22 trillion in debt.

UBI, universal healthcare, even for illegals, student loan forgiveness, green new deal...who the hell is going to pay for all of this?

If you are voting Democrat, you are intentionally trying to destroy this country, and are a traitor.
If you are voting for the maniac you are putting party before country.
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Old Today, 05:56 AM
 
Location: Croatia and Worldwideweb
511 posts, read 171,734 times
Reputation: 340
UBI ie Freedom Dividend - Frequently Asked Questions

This link has answers to the following questions:

What is the Freedom Dividend?
Wouldn’t the VAT just get passed on to consumers, “cancelling out” the UBI?
Why does Andrew Yang want to implement the Freedom Dividend in America?
Who would get the Freedom Dividend in Andrew Yang’s plan?
How would we pay for the Freedom Dividend?
What are the benefits of the Freedom Dividend?
Would it stack with Social Security or Veteran’s Disability benefits?
Is there evidence to support the case for the Freedom Dividend?
I’ve never heard of the Freedom Dividend and Universal Basic Income. Where did it come from? Who supports it?
Why do we need the Freedom Dividend now?
What impact would the Freedom Dividend have on the economy?
Wouldn’t that cause rampant inflation?
Won’t people spend their money on dumb things like drugs and alcohol?
Won’t people stop working?
What about variations in the cost of living? Wouldn’t major cities need much more money than rural areas?
Why would you give the Freedom Dividend to the rich?
Why can’t we just retrain people who lose their jobs?
I don’t see robots. Isn’t this early?
If the Freedom Dividend is so great why haven’t we done it already?
Will this lead to mass immigration to the United States?
Isn’t this Communism/Socialism?
Wouldn’t employers just start paying less?
This sounds great! What can I do to make it happen?
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Old Today, 06:09 AM
 
Location: Colorado
2,172 posts, read 1,315,266 times
Reputation: 4516
I was of the impression that a UBI would only been given out to 18 years and older, which is still a sizable chunk of the U.S. population, admittedly.

I think it's an interesting idea, but I don't think a 'flat rate' all across the country would work--for example, Denver (where I live now) is a higher COL than St. Louis (where I grew up). I think the rate would have to be adjustable according to where one lives--maybe it's $1000 for Denver, and it's $800 for St. Louis, and $500 for Tulsa, Oklahoma, for example.
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Old Today, 06:17 AM
 
Location: Plymouth Meeting, PA.
4,077 posts, read 2,098,884 times
Reputation: 1965
and what free stuff is that????

My elderly father is not collecting free stuff. If you mean SS check each month? He paid into that all his life so it wasn't free.





Quote:
Originally Posted by T-310 View Post
No. They already collect a handful of free stuff.
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