Thoughts on UBI?

Eventually will be necessary to prevent large scale rioting, you already got things like food coupons because you don't want people to have to commit crime not to starve

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Figures a sci-fi autist is dumb enough to think UBI is in any way an economically viable idea. How's that mars colony going champ?

absolutely needed, in combination with a law to punish parents for reproducing without the means to fulfill their children’s needs

Lol no if others raise prices you can undercut them all and clear out everything from your inventory in record time

its stupid without some sort of tight fisted restrictions on the countries economy to be banned from adjusting the prices of everything else to fleese that $1000 back off people, it would be empty inflation and shit up the place even more in the long run. you would be better off putting that $1000 per person to pay of debt in one big hit, then when thats clear maybe start on those pie in the sky socialist programs you keep harping on about.

they actually would prefer all the displaced workers just died.

Fighting for lifeboats on the Titanic.

>Competitors in a market wouldn't compete on prices.

Do you fucking idiots even know anything about economics?

It's true though, tech is evolving so fast that every job will be automated pretty soon. Literally, every single job. At some point, having a job and earning money will be pointless.

its not about the business undercutting other businesses, its about consumers bidding for a product

Just sayin, my truck and insurance payment are about $1,000 a month together

Tax you of the ass then you get back a part of what you are taxed, the rest goes to niggers .

It's as simple as that, no working man should support that crap. It's an excuse to saddle productive people with paying for the slobs. Unless it's generated via sales tax or VAT but I fucking doubt it. The state would never spend less money on itself to fund it, they will foot it out to the people.

Dan Carlin is a fucking boomer retard that lives in a comfort bubble when it comes to all things politics. That faggot lost his shit when trump got elected like he was surprised when history repeats

Unless we use Chinese slave labor... $1000 per person each month will never happen.

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The cost of living will rise by precisely $1000 a month, and 'white supremacists are ineligable'+ 'white people existing is white supremacy' means white people won't get the $100 to pay that.

Inflation

musk has obviously been compromised by the chinese

We aren’t there yet where everything is automated but in the future say 100 years, yes we will need UBI.

>Implying all the companies aren't owned by the same group of people who have an agreement to not undercut so they don't have to lower their prices.

>Do you fucking idiots even know anything about economics?
everyone gets $1000 of money magicked out of the fucken ether, whos paying for it? what is this money put against that could be devalued to the extent that they printed out for however many millions in your country.
>welp thats kruggenomics for you, dont have to explain shit

>Thoughts on UBI?
incompatible with open borders, same as free heath care & education...

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Will be the end of america if it doesnt already collapse by 2020 elecs

Well good news.

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> magicked out of the fucken ether

Yang's plan is funded via a VAT. It does not increase the money supply

How well has become dependent on state gibs turned out for the blacks?

Do you want to become the new blacks?

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UBI doesn't incentivize one to not work as standard gibs do.

>Also implying gibs is the problem and not just black people DNA

fpbp

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Vat will cause inflation too and since the government is already broke and has trillions in unfunded liabilities, money will of course be printed. You are at retard levels.

UBI will be needed in the future. As automation advances, most forms of labor will have no value.

>just get a tech job, dummy!

Not everybody is going to be smart enough to contribute. So your choice is either UBI, or billions of poorfags that are pissed off and starving and want to kill you. Do you idiots really think every 100 IQ idiot can be a doctor, researcher, or programmer?

Leaf has a point

Yes that's right. Useless bastards who've been made obsolete by automation. You either give them UBI or they riot.

I support the idea behind implementing UBI, its purpose for being theorized in the first place, beyond that I wont argue cause its only speculation

Let's see how did it work for a country all progressive use as example.
Https://www.helsinki.fi/en/news/nordic-welfare-news/heikki-hiilamo-disappointing-results-from-the-finnish-basic-income-experiment

It's both though. Gibs degrades you as a people. It leads to the decay of the responsibilities the underclass holds, in turn leading to the increasing decay of them as a people. That's how useful people become, in time, useless. More and more dependent and dysgenic.

With UBI much more people will be able to care and actually have confidence that things can be changed.

That's what scares you though, right?

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This experiment was not UBI. It only gave money to a few poor people, not people at all income levels, and certainly not all citizens in their society.

We'd be better off taking 99% of the wealth of the 1% and lighting it on fire, potlatch style.

Only niggers are allowed free money, don't you get that yet? If you work and you're poor well FUCK YOU.

It's the opposite in Canada, parents are rewarded with tax payer money every month for every child they can't afford.

yep, aka wealth redistrubtion from people who have been here since 1600s to people who just landed last month

Wrong. You think the elite want people walking around all day every day with nothing to do? There's no reason for them to ever want that. They're rich, you're not, you're kept busy so you don't try and overthrow them.

Daily reminder:
Self-checkouts and mcdonalds kiosks are NOT AUTOMATION. That's you doing the job instead of the employee. Automation is a meme, but outsourcing is not.

Lol what a fucking moron
they can't even get a robot to turn a screwdriver
Fully-automated cars are a free-money button from moronic governments. Auto pilot is a cute feature, but don't expect unmanned trucks in your lifetime

Would be good if automation actually replaces jobs like retail workers and other low income jobs. However, that seems to be a few more years ahead. Yang's other policies are also retarded. Puerto Rico and DC are hella gay. And he is 100% going to immigrate millions of illegals. Don't trust the lies he has in his proposals.

The only cities they go are sanctuary cities

YAAAAAAAAAAAAAS! It's about time something is done with wh*te problem in America.

That's... exactly what we have in the U.S. too.

>everyone gets money
>demand goes up
>prices go up
>purchasing power remains the same as before

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no, they're just edgy enough to think that letting the majority of the population starve because of the lack of available jobs is a viable option

You can tax automation and not hand out free money.
UBI is a retarded nigger-tier idea while the former isn't.
The tax money would be better spent on public education so that we don't have more fucking idiots like you.

Future's fucked either way
UBI would lead to a population boom of undesirable asshats both domestic and foreign, and everything would soon spiral out control as they are able to dictate policy through numbers and vote for everything selfish. No UBI means that most people will lose their job, as despite what most people think about AI, it's perfectly able to take your highly specialized job. Only an increasingly small percentage of workers will be able to keep their profession as the years pass, and everything would soon spiral out of control as the outer percentage of the stratified population will be able to dictate policy through numbers and vote for something impulsive.
There's no way through without a significant amount of anarchy, and the end result will not resemble the democracy that we're used to unless we find a way to reach post-scarcity before the pot boils over.

>you can't tax automation and not have UBI! the two ideas are obvious mutual.
Holy fuck.

Doesn't work.

Or, ya know, you actually familiarize yourself with manufacturering industry and realize only more jobs are being made and the ratr of adoption will match attrition.
>Everyone is just going to retool overnight because it will automatically be cheaper than labor
>Externalities do not exist
>Limits of supply do not exist
Yang is a fucking moron who generalizes on things he knows nothing about - not even the least bit of familiarity. He belongs in the ground as he is clearly braindead.
Also
>We won't engineer ourselves to a post-scarcity world any time soon
>gen IV nuclear does not exist
>Totally not going to bring energy costs down by 80+ percent
None of you faggot in this thread or on this board know a God damn thing about anything you pontificate on. You are brainless morons latching onto the demagoguery of a midwit fag who has done nothing effective in his life.
>Buuuh Elon endorsed him
Elon is a dumb faggot who rides on the accomplishments of others with some great PR.
t. a faggot within one degree of separation from that bumbling moron who thinks his scifi novels are engineering handbooks

i think if you lose your job to robots, that company you pay into UBI fund for the people who lost their jobs so the fuckers still gotta pay either way, you can have a robot and pay the dude you fired or pay the dude for doing his job.

You're retarded. Having any form of increased public welfare in response to automation will eventually breed similar results, not just UBI. Even now, the trends in regard to population that I referred to in my post are happening today thanks to public programs like Medicare, due in part to it covering the bills of said pregnancies. Or maybe you're trying to say that the money will be going to anywhere but some sort of public welfare program, which is also a scenario I referred to in my post.

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remove niggers, spics, and jews

What is economics?

Most Americans do not know that the US House of Representative's already passed Universal Basic Income twice !
Once in 1970 and once in 1971. They passed it at a higher level than Andrew Yang is proposing!

With 243 votes for and 155 against, the House of Representatives approved President Nixon’s Family Assistance Plan (FAP) on April 16, 1970. Most expected the plan to pass the Senate, too, which was even more progressive than the House.
Most vehemently opposed, however, were the Democrats. They felt the FAP (UBI) didn’t go far enough, and pushed for an even higher income floor than $1600 a year. The Senate and the White House batted the bill back and forth for months before finally giving up entirely.

The following year, Nixon presented a slightly tweaked proposal to Congress. Once again, the bill sailed through the House, now part of a larger reform package. (The vote this time was 288 in favor, 132 against.)

In his 1971 State of the Union address, Nixon declared that his (UBI) plan to “place a floor under the income of every family with children in America” was the most important item on his legislative agenda.

Today $1600 from 1970 has a relative income worth of $16,093.64 to $19,820.61 depending on one's tax bracket.

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This should be considered absolute basic knowledge before even starting to give one's opinion on the downsides of Universal Basic Income

Milton Friedman - The Negative Income Tax
youtube.com/watch?v=xtpgkX588nM
In this 1968 interview, Milton Friedman explained the negative income tax, a proposal that at minimum would save taxpayers the 72 percent of our current welfare budget spent on administration.

He is asked every possible question by one of the greatest conservative debater's of all time - William F Buckley Jr.
*IN before UBI is not Negative Income tax. The outcome is the same according to the best minds on planet earth READ" not Jow Forums
adamsmith.org/blog/welfare-pensions/the-negative-income-tax-and-basic-income-are-pretty-much-the-same-thing
adamsmith.org/about-the-asi

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Yang explains to you the fight.
Compare this to ANY trump Speech. This is Gen-X. This is now.
youtube.com/watch?v=GDT7XWCgOqQ

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Yang understands today's youth
youtube.com/watch?v=LUolzAltwKI

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Andrew Yang breaks it down (Was # 3 trending on all of Youtube)(1 million views in 2 days)
youtube.com/watch?v=otEbT0l_Hbg

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Maslow is a Jew and his hierarchy is shit and so are you.

If acceleration is your thing, I'd say Trump is your guy.

youtube.com/watch?v=NAtyv8NpbFQ
and the FULL Interview (long)
youtube.com/watch?v=cTsEzmFamZ8

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Transfers of money within an economy do not alter GDP growth - so no extra GDP growth, creates massive work disincentives, and is another tax (under a different name) that is disproportionately derived from whites and disproportionately benefits nonwhites.

Yang's Spotify Playlist - Pure Gen-X
open.spotify.com/playlist/7904Fte7dciDiaHDsDKllf

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Humans Need Not Apply - Your replacement is already here or it's currently being built.
youtube.com/watch?v=7Pq-S557XQU

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Will UBI cause Inflation ? 100% Won't happen
youtube.com/watch?v=tIufGrWkf10
youtube.com/watch?v=FeuqfSutaUw

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Watch the first few minutes of this video? Yang directly talks about how the country becoming majority nonwhite is happening, and how it's NOT normal. Unlike Trump, Yang directly talks about white demographic decline.
youtube.com/watch?v=_Qf2EX0d9AY

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Do you guys actually plan on voting for a candidate which is the favorite of a Asian supremacist fifth column that does nothing but shit on white men 24/7 due to their incurable inceldom?

reddit.com/r/aznidentity/

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>the world is run by pedophile billionaires who just had one of their own killed to save their asses
>if we vote for yang we can force them to pay us $1000 a month
do americans really believe this?

If I had UBI I would quit working. I assume most people would do the same.

this guy does not even understand the supply-demand rule and proposes to raise minimum wage to a level that middle and lower class melt into one class that inevitably goes full communism

i really liked his cover of red red wine

Not a single cent of taxpayers money should go to shitskins.

A retarded idea. It practically government funded consumerism benefitting the ultra rich.

>free
how exactly is it free? will it be printed out of thin air? wont that cause inflation and make money worth less? or will it be taken from taxpayers? someone will have to fund it, it wont be "free"

the Harvard Economist Andrew Yang does not support the $15 minimum wage. You are incorrect.

It's a bandaid on a brain tumor. I don't think it will do anything except try to rehabilitate liberal corporate capitalism by pumping in loads of gibs for crack cocaine and buffalo wild wings

The federal government recently printed $4 trillion for the bank bailouts in its quantitative easing program with no inflation. Our plan for the Freedom Dividend uses mostly money already in the economy. In monetary economics, leading theory states that inflation is based on changes in the supply of money. The Freedom Dividend has minimal changes in the supply of money because it is funded by a Value-added Tax.

It is likely that some companies will increase their prices in response to people having more buying power, and a VAT would also increase prices marginally. However, there will still be competition between firms that will keep prices in check. Over time, technology will continue to decrease the prices of most goods where it is allowed to do so (e.g., clothing, media, consumer electronics, etc.). The main inflation we currently experience is in sectors where automation has not been applied due to government regulation or inapplicability – primarily housing, education, and healthcare. The real issue isn’t the Freedom Dividend, it’s whether technology and automation will be allowed to reduce prices in different sectors.

>Dan "anyone could have been a Celt" Carlin

UBI is a Trojan horse to get the population literally dependent on the government for their basic daily sustenance. UBI is step one to starving to death for hate speech because you've been classified as a terrorist threat and you've been made untouchable.

Thing is, as they transition closer and closer to all-digital infrastructure, people won't even be able to give you money anymore, because they'd have to wire it through your account anyways, which is locked. The next step is phasing out material (paper/coinage) currency.

> Promises $1000 a month
> End up paying him $100 for a president we’ll never have

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But that's not how people, who let themselves be bought by politicians with their own money, think. Now be quiet. I bet you are also a racist and misogynist, go... Guy!

Even if the government controls the money supply digitally and does away with physical currency people can barter. Using precious medals as a medium will be commonplace.

>man whose entire legacy was only survived through obama subsidies wants more government assistance

That's one shoo-in law about 'circumventing reputable financial institutions being a pipeline for antisocial and terroristic intent' away from being made a federal offense. If they gain a toehold with UBI, you will see a rapid erosion of control over your own (((money))).