Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
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
"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.
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?
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.
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?
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.
The only good thing I can think of is UBI would probably cause a massive spike in adoptions and empty out orphanages. $1000 tax free per kid per month would be a lot of cash in many parts of the country.
The problem with UBI is that it does not level the field. $1000 per month in NYC or Los Angeles is a lot less than $1000 in most of the USA outside the big coastal metro areas. It would take away the incentive to work and to strive for education and self-improvement, for a family of 4 or 5 people in a low cost of living area. Why work or look for work when $4-5K (tax free) drops onto your front door every month?
The purpose of the population is to consume, not to self improve. Besides, they can always self improve by voting for a larger UBI.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
