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Funny how conservatives are ok bailing out farmers, oil companies, and having Trump spend $100 million+ on golfing but God forbid someone gives tax money to common folk to spend or save.
Who says conservatives are Ok with bailing out anybody? Tax breaks are very different from a bail out. The "Trump spend $100 million+ on golfing" is complete malarkey if you look at how they get to that number.
Already almost 50% of the households get a huge tax break by paying no income tax, many getting money back. That is already giving "tax money to common folk". This is just increasing the amount given for those that did nothing to earn it.
The major concerns are that it may disincentivize people to get jobs, and could significantly reduce labor force participation rate. Also, it could cause inflation due to the increase in demand for goods and services and may result in little change to standard of living in the long run because of inflated prices. If savings are used to disqualify someone from getting this assistance, there will be a big disincentive to save for retirement or invest. In the long run, it could cause those it is meant to help to be worse off.
People must be prodigiously productive not because of money but because that is what civilized people do. If you seek a life of indulgent dissipation and boredom, at the expense of others, you're a parasite.
And yet we had a prosperous growing middle class and high middle class in the 70's before the money changers jumped on the globalist bandwagon and now the middle class is dying along with many others.
Nope, this nonsense needs to stop!
There are two ways we can approach this.
We can throw the globalist parasites out of this country that make their wealth on globalism, or we can make them pay for it.
Most globalists money changers have already jumped ship for cheaper shores so all we are left with is ones that cannot leave since their customers are here.
It it is pretty dang hard to have a McDonald's in China taking your order while sending you your burger at the drive through in America.
Most threats made by American businessmen ring hollow since they would have jumped ship years ago in the pursuit of greater profits. They are stuck here where their customers are.
Why employ an American worker that has a union backing him, along with full healthcare and when you can run to China and employ a worker under Communism where labor is cheaper.
Just don't take my business over or steal my secrets China least I complain about it and phone some politicians to raise a stink about it.
Who says conservatives are Ok with bailing out anybody? Tax breaks are very different from a bail out. The "Trump spend $100 million+ on golfing" is complete malarkey if you look at how they get to that number.
Already almost 50% of the households get a huge tax break by paying no income tax, many getting money back. That is already giving "tax money to common folk". This is just increasing the amount given for those that did nothing to earn it.
The major concerns are that it may disincentivize people to get jobs, and could significantly reduce labor force participation rate. Also, it could cause inflation due to the increase in demand for goods and services and may result in little change to standard of living in the long run because of inflated prices. If savings are used to disqualify someone from getting this assistance, there will be a big disincentive to save for retirement or invest. In the long run, it could cause those it is meant to help to be worse off.
Study the history of food stamps and a lot of farm subsidies and aid come into play.
We are a Corporate Run Big Business Country. It is not run by the people of this country.
Everything is done with the Big Banks and Corporations in mind since they donate heavily to the politicians campaigns.
That is how it works in this country!
Back in the 50's, the aid you got for food, was blocks of cheese, dry milk, bags of rice, canned meat, dried beans, canned peanut butter and so on.
That all changed when Big Ag and Lobbyists for Grocery Chains came into the picture.
They saw something they could benefit from and lobbied politicians that they should get a cut of the action.
Over the years, aid to poor families has been cut, while each time, aid to Big Ag has been increased every time so they do not feel the pain. It is not much different than Communism where the state players take all the gains while everyone else drifts into poverty.
Every time food stamps was cut, Aid to Corporations increased. Big Ag used to be the middle man being the beneficiary to food Stamps. Now it is the other way around where aid to to food stamp recipients is in the way and need to be done away with and just funnel the money directly to corporations.
I think the sad part is the mayor thought $500 will make a massive improvement in their lives. At best it buys them a week or 2. Its not a solution to poverty, all it does is buy himself votes. He's doing it for himself not others.
It’s not free money it comes out of the working mans pocket
The mayor did not give anybody any thing he took it away from those who worked it and gave it to those that didn’t
Last edited by Huckleberry3911948; 10-05-2019 at 09:38 PM..
The idea of universal basic income is that everyone gets it (hence the "universal"), not just poor people. That way, everyone benefits from it, and the economy grows as well (since it's being spent on more than just food and bills). So I believe this was a poorly-instituted example.
Like all govt schemes they'll trot them out with great fanfare while the politicians bask in the glory of their ginned up outcomes, but never mention how the people who fund the schemes are made poorer and have a lower standard of living as a result.
Study the history of food stamps and a lot of farm subsidies and aid come into play.
We are a Corporate Run Big Business Country. It is not run by the people of this country.
Everything is done with the Big Banks and Corporations in mind since they donate heavily to the politicians campaigns.
That is how it works in this country!
Back in the 50's, the aid you got for food, was blocks of cheese, dry milk, bags of rice, canned meat, dried beans, canned peanut butter and so on.
That all changed when Big Ag and Lobbyists for Grocery Chains came into the picture.
They saw something they could benefit from and lobbied politicians that they should get a cut of the action.
Over the years, aid to poor families has been cut, while each time, aid to Big Ag has been increased every time so they do not feel the pain. It is not much different than Communism where the state players take all the gains while everyone else drifts into poverty.
Every time food stamps was cut, Aid to Corporations increased. Big Ag used to be the middle man being the beneficiary to food Stamps. Now it is the other way around where aid to to food stamp recipients is in the way and need to be done away with and just funnel the money directly to corporations.
Wow are you cynical - again tax breaks are not bail outs. This is off topic to main discussion of Basic Income subsidy, Food Stamps or SNAP are not basic income.
FYI - Bail outs are the $700B that Obama gave to Fanny Mae, Freddie Mac, Automobile companies, banks and financial institutions.
Farm subsidies are about $20B and mainly used to stabilize prices. Food stamps are about $80B and can be spent as they want, poor way to subsidize "Big Ag" as you put it. Aid to SNAP was last cut in 2013 with the expiration of a temp boost. The US currently spends less on food stamps because improving economy has meant fewer now qualify. There is no correlation between food stamps and Ag aid.
One of Trump proposals is give food in place of part of the SNAP benefit. His budget details :
Quote:
Under the proposal, households receiving $90 or more per month in SNAP benefits will receive a portion of their benefits in the form of a USDA Foods package, which would include items such as shelf-stable milk, ready to eat cereals, pasta, peanut butter, beans and canned fruit, vegetables, and meat, poultry or fish.
Program would be partially like it was in the 50s - where is "Big Ag" gaining from this proposal?
Back to main topic -
Large scale implementation of basic income is a form of socialism where money from the haves is funneled to the have nots with less incentive on either side to work or benefit the whole. It is more about closing the income gap than anything else and in the process lowering everyone's quality of life.
Funny how apparently NONE saved the money, invested for growth, then used the money as a down payment in conjunction with the various home buyer programs to buy a home, which they could then RENT OUT (obviously program dependent, or rent a room or two) and suddenly have a recurring income. But no, they went to the Dollar Store...
If they saved their $500 for 18 months, they would have $9,000, let's say $10,000 with a decent stock return. That's a $200,000 house with $3,000 left for repairs. And if they made the average $46,000 income they could surely save another few hundered a month - so a $300,000 duplex might be feasible - now they have long term income.
But instead they use it to pay off a wedding ring that they over paid for in the first place, probably at userous interest...
And that my friends is why the rich get richer.
And why on earth are TESLA EMPLOYEES with TWO INCOMES and people making $46,000 a year involved this this experiment in the first place? Seems like Walmart is the place to find working poor.
Another cockamamie scheme by a child politician. I'm sorry, but most 29 year olds do not have enough life experience to hold higher offices. I think 35 should be a minimum age for mayors or state / fed office. And I think 70 should be the maximum age to hold any office, especially President and Congress. Elder statesmen / persons should hold positions as advisors, but we need to stop it with these 84 year old politicians who's heyday was the 1950's.
I also think that with the coming automated future a UBI is going to be a necessity for many if not most as jobs are replaced. At least until someone develops a Star Trek "replicator" type device where you can toss some dirt in and a gold bar comes out.
Some people are not salvageable. They spend every dollar they get their hands on, which means you shouldn't give them dollars to waste on stupid consumption items. Not everyone can be saved.
Wow are you cynical - again tax breaks are not bail outs. This is off topic to main discussion of Basic Income subsidy, Food Stamps or SNAP are not basic income.
FYI - Bail outs are the $700B that Obama gave to Fanny Mae, Freddie Mac, Automobile companies, banks and financial institutions.
Farm subsidies are about $20B and mainly used to stabilize prices. Food stamps are about $80B and can be spent as they want, poor way to subsidize "Big Ag" as you put it. Aid to SNAP was last cut in 2013 with the expiration of a temp boost. The US currently spends less on food stamps because improving economy has meant fewer now qualify. There is no correlation between food stamps and Ag aid.
One of Trump proposals is give food in place of part of the SNAP benefit. His budget details :
Program would be partially like it was in the 50s - where is "Big Ag" gaining from this proposal?
Back to main topic -
Large scale implementation of basic income is a form of socialism where money from the haves is funneled to the have nots with less incentive on either side to work or benefit the whole. It is more about closing the income gap than anything else and in the process lowering everyone's quality of life.
How do think Food Stamps are cut?
They are cut by raising the qualifications every time.
The cost of living is also increasing which makes it worse.
Clinton raised the qualifications as has every other president.
I can provide links if you wish.
We are moving into corporate fascism where every policy in our country is tailored to benefit them and **** on everyone else.
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