Sad but true, let's add a layer of thoughts & prayers on the top of this indecency

This post was edited by Saucisson6000 on Feb 14 2020 02:24pm

Yang's days are not over yet. I've heard that he might run for mayor of NYC and do a UBI within NYC but I don't know how it will work out if its just NYC alone. Yeah I understand its a rich city with a population of 8 million+ but still. It would be hard to do a UBI within the city as it requires much more corporate help and the VAT tax they would be pay. Its more of a national policy imo.

The big question would be: how does he prevent a tsunami of slackers from moving to the city in order to pocket their free monthly $1k check?

Slackers in for a surprised once they find out the cost of living in NYC.

What's the point of UBI if it doesnt even cover the cost of living?

if this is a serious question i can answer it.

Sure, I was being serious. UBI, as far as I understood it so far, works on the idea that people no longer have to work to survive, which would unleash a lot of creativity, allow for more private family and care work, and cause wages to better reflect the usefulness for society and the comfort level. Perhaps the flusher would be better paid than the white collar guy who's gaming the financial markets all day long.

If UBI doesnt cover living expenses, then it also doesnt help that much against those affected by automation.
As long as UBI doesnt cover living expenses, it's not much more than a glorified extension of food stamp programs: a standstill premium intended to prevent riots and crime from getting out of control in areas with low job opportunity.

This post was edited by Black XistenZ on Feb 20 2020 02:00pm

that is the end goal of UBI. in the mean time it is used to get a head start by increasing savings of families, decreasing debt of families, and bolstering retirement accounts. if we charged corporations the taxes needed to financially support 50% of the population, as will be needed by the year 2080 or so imo, the world economy would collapse.

as of now it can help someone who lost a fulltime job survive off of savings, UBI, and part time work. or it can fully support some people in very cheap living expenses. my ex-stepmother lives entirely off social security, zero savings, and she's a renter.

I see. Do you think that my characterization of this initial UBI as "a glorified extension of stood stamps: a standstill premium to prevent riots" is accurate?

You just described all welfare. It is in the 1%'s best interest to not have their heads in pikes.

Welfare doesn't happen because we are nice or are being nice.

This post was edited by Skinned on Feb 20 2020 02:11pm