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General Discussion => The New Joe Montgomery Birther Pit => Topic started by: sys on April 26, 2016, 01:46:12 PM
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http://fivethirtyeight.com/features/universal-basic-income/
i know this has been mentioned in previous threads, but i don't want to bother looking for it.
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Just as I don't want to bother reading this
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Thanks for exhausting your intellectual capital with that reply, chooch.
I'm for trying anything to see if it works. That said, I didn't see much evidence to suggest it would work. I do appreciate the administrative convenience of a single, uniform payment for everyone (although decreasing bureaucracy also means killing jobs, i.e. political poison). However, the $700/mo per capita figure that the U.S. spends on "entitlements" includes everything--including Medicare and Social Security. Unless we are willing to more than double our spending on entitlement programs, it's difficult to ever imagine the political capital to make this a reality. Furthermore, it would probably be unconstitutional in many cases, particularly with respect to trust programs like social security. Not to mention, the increased tax burden would be epochal. The cited studies favorably mention labor participation without mentioning tax revenues from the study groups. I'm not trying to be unduly skeptical, but is this something more than the convulsing corpse of a small-but-vocal body of socialist utopians?
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Without worrying about the details, a basic income would be the absolute best thing we could possibly do for society. Yeah, people could invest and start businesses and make art, and you know, eat and stuff. but the study that saw the spike in divorce made me realize that it would be easier for people to get out of abusive relationships or makes it easier on the children of single parent homes, too. I'm sure there's a ton of other secondary benefits that we don't even realize.
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I agree that a single payment makes a helluva lot more sense than the running around Bullshit that is the current welfare bureaucracy. All the losers administering the system could just go on these bankrolls rather than as state employees. Another massive savings
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I am optimistic but would like to see what the test cases show. Could also do a basic income of X amount for under 60 or whatever and Y amount for over to make up some for social security. I don't think it could reasonably do away with medicare.
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I agree that a single payment makes a helluva lot more sense than the running around Bullshit that is the current welfare bureaucracy. All the losers administering the system could just go on these bankrolls rather than as state employees. Another massive savings
yes
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No mention of Alaska in the article :Wha:
Probably because Alaskan payouts are relatively small - not nearly enough to pull someone out of poverty:
https://en.wikipedia.org/wiki/Alaska_Permanent_Fund
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Economy is so weird/complex who knows what the actual effect would be of something like this. My main thought is that "living wage" will always be a relative term. Inflation seems like it could be a significant problem.
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http://www.wsj.com/articles/a-guaranteed-income-for-every-american-1464969586
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Yea, it just seems odd that they didn't mention it at all, since you know Alaska does just give people money and I am sure it has been studied by many economists.
Also unclear why they didn't study my high school allowance.
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http://www.wsj.com/articles/a-guaranteed-income-for-every-american-1464969586
Swiss vote failed, 78 percent against.
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Yea, it just seems odd that they didn't mention it at all, since you know Alaska does just give people money and I am sure it has been studied by many economists.
Also unclear why they didn't study my high school allowance.
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Holy crap
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http://www.wsj.com/articles/a-guaranteed-income-for-every-american-1464969586
I'm pretty sure this will never happen, but I think the biggest reason it won't is because most people have no understanding of how draining entitlements and people without health insurance are to the US economy already.
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So is this taking all the IOU's that are in all the "lockboxes" now and dumping them into one?
Albeit, I am pretty much down with what would and should amount to a massive RIF of the welfare bureaucracy, which as mentioned would be a huge saving in-and-of-itself.
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https://www.bloomberg.com/view/articles/2016-06-08/silicon-valley-s-basic-income-experiment-is-worth-watching
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https://www.bloomberg.com/view/articles/2016-06-08/silicon-valley-s-basic-income-experiment-is-worth-watching
Here's a less rosy take on Silicon Valley's involvement I saw on Vanishing SF (my favorite facebook page for seeing people who love to wallow in their own misery):
https://www.theguardian.com/technology/2016/may/16/universal-basic-income-equality-tech-silicon-valley
I personally think the guy puts up a dumb argument, (if that's what you can call it), but just having involvement from tech leaders makes people annoyingly uneasy.
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Yea, it just seems odd that they didn't mention it at all, since you know Alaska does just give people money and I am sure it has been studied by many economists.
Also unclear why they didn't study my high school allowance.
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Just got really jealous of KK childhood :frown:
only child :Woot:
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We got money (allowance) for completing chores. If they weren't completed on time or the quality was poor we were penalized. Also the money wasn't physically handed over, it was documented in a ledger. If I needed cash for like fireworks or something I would have to ask and then my planned purchases were scrutinized and I could be denied my own money if I proposed poor purchases.
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Some parents are no fun
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I'm not sure what kind of bizarre and cruel reward system that is, but it's not an allowance.
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I'm not sure what kind of bizarre and cruel reward system that is, but it's not an allowance.
It's probably a major why emo now wastes his money on glorified camp outs and coolers.
:frown:
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I'm not sure what kind of bizarre and cruel reward system that is, but it's not an allowance.
It's probably a major why emo now wastes his money on glorified camp outs and coolers.
:frown:
No doubt. We also maintain hybrid separate/merged economies because of this. I don't need her scrutiny! :shakesfist:
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Mrs. Emo: Why don't you kill an elk first, and then decide if your current backpack isn't good for hauling out an elk. :blah:
Emo: :curse:
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Lol, pretty good burn from lady emo
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Ugh she mocks me so (subtlety) hard. This year, NO EFFORT WILL BE SPARED. I WILL KILL. Or I might have to get a divorce or something.
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My kid has a savings account. All the money that grandparents send for birthdays and every damn holiday you can think of goes into the account. It's like $250. Nothing ever comes out. We just always buy her what she wants, even when she specifically asks for her own money. Like the other day:
Daughter: Can I have $100 from my account?
Me: What for?
Daughter: Art supplies.
Me: I don't want you spending all your money like that. Here's $60. That should be good.
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My kid has a savings account. All the money that grandparents send for birthdays and every damn holiday you can think of goes into the account. It's like $250. Nothing ever comes out. We just always buy her what she wants, even when she specifically asks for her own money. Like the other day:
Daughter: Can I have $100 from my account?
Me: What for?
Daughter: Art supplies.
Me: I don't want you spending all your money like that. Here's $60. That should be good.
so what do you want her spending that money on?
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My kid has a savings account. All the money that grandparents send for birthdays and every damn holiday you can think of goes into the account. It's like $250. Nothing ever comes out. We just always buy her what she wants, even when she specifically asks for her own money. Like the other day:
Daughter: Can I have $100 from my account?
Me: What for?
Daughter: Art supplies.
Me: I don't want you spending all your money like that. Here's $60. That should be good.
so what do you want her spending that money on?
parents: college and retirement
kid: drugs and alcohol in HS
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Only your unattractive daughters should have to pay for drugs/alcohol.
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Only your unattractive daughters should have to pay for drugs/alcohol.
I'm sure there will still be nardfrogs in the future to take care of those ladies as well
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My kid has a savings account. All the money that grandparents send for birthdays and every damn holiday you can think of goes into the account. It's like $250. Nothing ever comes out. We just always buy her what she wants, even when she specifically asks for her own money. Like the other day:
Daughter: Can I have $100 from my account?
Me: What for?
Daughter: Art supplies.
Me: I don't want you spending all your money like that. Here's $60. That should be good.
so what do you want her spending that money on?
Nothing. That's what I'm for.