Andrew Yang seems pretty awesome

August 15th, 2019 at 12:37:32 PM permalink
Gandler
Member since: Aug 15, 2019
Threads: 27
Posts: 4256
Quote: Evenbob
What does that mean. That $1000 is
the only amount it will work with?
That can't be correct. It doesn't
matter, it's a ridiculous idea for
any amount. You aren't creating
wealth, you're just moving already
existing wealth around on a game
board. Without creating new wealth
to pay for this, it's doomed to fail.


Right, it is a distribution program. Nobody (especially nobody on this kind of forum) thinks that wealth can magically appear.
It is paid for by VAT and cutting existing entitlements …

1000 is not the only level it will work with, but obviously there are limits you can't say "well lets make it 10 million a month", limits are set by assumed VAT revenue as well as assumed revenue from reduced entitlement spending. So yes, it would work with 1001 and 1002 as well.
August 15th, 2019 at 1:10:33 PM permalink
aceofspades
Member since: Oct 24, 2012
Threads: 83
Posts: 2019
Quote: beachbumbabs
UBI is a consumption tax. How many rude posts about welfare queens and the 47% by resentful right-wing people on here have we slogged through for years? All the stuff about EBD users with iPhone and bling buying steak while sponging off the "rest of us".

But here's a guy saying, don't finance those people any more. Charge them a VAT on the cell phone, the bling, the steaks, and everything else they buy. Charge you at the SAME percentage of your purchases. Send everyone a check for 1k/mo, regardless of income. Everyone. 100%, not 47%.

No more welfare queens. No more 47%. No more income tax paying for entitlements. No more working people paying for retirements of others or non-workers.

But, no. Those same people reject that approach without even looking at it, just because it's being proposed by a Democratic candidate. Tag it as "Socialist" and dismiss it when it actually provides the parity that right-wingers claim the current system doesn't. It's the flattest tax ever. It's supremely Capitalistic. Make or sell a product people want. They now have the funds to buy it. Part of the cost replenishes their (and your) funds. Rinse and repeat.

I'm not saying it's THE answer. But the math makes sense, even if there are flaws to be worked out in implementation.

Entitlements are 21% of the federal budget for FY2018. To call it a "budget" is a joke, since this Administration is totally ignoring spending almost a TRILLION more a year than their revenue. But that budget would nearly balance, even with the reprehensible tax cuts from last year, without entitlements coming out of it.

Yes, you'd pay a small percentage more on everything you buy. But so would EVERYONE else at the same rate. Isn't that exactly what all the whining has been about?

Andrew Yang is not my guy. Amy Klobuchar is. But Andrew is a force for good, and change that would fix some problems. I'd be happy to support him if it comes to that.



UBI queens
August 15th, 2019 at 1:23:49 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 135
Posts: 18209
Quote: beachbumbabs


But, no. Those same people reject that approach without even looking at it, just because it's being proposed by a Democratic candidate. Tag it as "Socialist" and dismiss it when it actually provides the parity that right-wingers claim the current system doesn't. It's the flattest tax ever. It's supremely Capitalistic. Make or sell a product people want. They now have the funds to buy it. Part of the cost replenishes their (and your) funds. Rinse and repeat.


No, we are against it because it cannot work. In no universe can the numbers work. It is the same as a company giving its employees $10 a day as a raise but charging $12 to rent their required uniforms. Wealth cannot appear out of nowhere.

Not to mention that it will take 5 years at most before some welfare program is proposed. Same as the 1986 tax cuts promised a low rate in return for no deductions. The low rate lasted just 4 years before it was raised and 3 more before it was raised again. We are not the suckers that they think we are.
The President is a fink.
August 15th, 2019 at 1:28:04 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 135
Posts: 18209
Quote: Shrek
I have mixed feelings. On the one hand I oppose legalization of drugs. But on the other hand I see how the legalization of gay marriage opened the floodgates to legalizing every other crazy thing. So in a way, I really don't even care anymore. At this point I think we may be better off letting society crumble to the ground so that we can rebuild it that much sooner.


This is kind of where I am. I see collapse no matter what. The inner city has been torn apart with crack, the countryside with meth, and now the suburbs with heroin. Time to get rid of victimless crimes. I'd say make staying clean a requirement to get any kind of assistance from the government and for sure make federal workers subject to random drug tests at all pay grades. But decriminalize. Chips fall where they may.
The President is a fink.
August 15th, 2019 at 1:42:59 PM permalink
Shrek
Member since: Aug 13, 2019
Threads: 6
Posts: 1635
Quote: aceofspades
UBI queens

So now the libbies want to pay people a wage for doing nothing??? lol

And they claim it's not an entitlement????????????? Bigger lol! 😂😂
August 15th, 2019 at 1:52:35 PM permalink
Shrek
Member since: Aug 13, 2019
Threads: 6
Posts: 1635
Quote: AZDuffman
This is kind of where I am. I see collapse no matter what.......Chips fall where they may.
Sadly, I have to agree. America had a good run for 230+ years. The libbies of the 60's and 70's may not have gotten everything they wanted, but they soon infiltrated the university system and brainwashed all of the millennials. Now can get anything they want, and the country is screwed. 😢
August 15th, 2019 at 3:53:45 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 135
Posts: 18209
Quote: Shrek
Sadly, I have to agree. America had a good run for 230+ years. The libbies of the 60's and 70's may not have gotten everything they wanted, but they soon infiltrated the university system and brainwashed all of the millennials. Now can get anything they want, and the country is screwed. 😢


Great societies have a life cycle, the USA is near an end. I see the breakup of the USA as a unified country before 2076. IMHO civil wars are inevitable in large societies. Fertility rate in the USA is now below replacement level, probably to stay. I see it going even lower over the next 2 decades. Collapse comes around that.
The President is a fink.
August 15th, 2019 at 3:57:12 PM permalink
Shrek
Member since: Aug 13, 2019
Threads: 6
Posts: 1635
Quote: AZDuffman
Great societies have a life cycle, the USA is near an end. I see the breakup of the USA as a unified country before 2076. IMHO civil wars are inevitable in large societies. Fertility rate in the USA is now below replacement level, probably to stay. I see it going even lower over the next 2 decades. Collapse comes around that.

It's sad. The British couldn't defeat us, the Nazis couldn't defeat us, nor could ISIS defeat us. Liberals are succeeding where those groups failed.
August 15th, 2019 at 4:20:40 PM permalink
terapined
Member since: Aug 6, 2014
Threads: 73
Posts: 11791
Quote: Shrek
It's sad. The British couldn't defeat us, the Nazis couldn't defeat us, nor could ISIS defeat us. Liberals are succeeding where those groups failed.

???????
us is me, a lib.
Good job, 5 weeks of vacation. Life in the US is good. Sorry to hear you are suffering Shrek. Maybe its not the libs but you yourself that is causing your suffering believing the USA is at its end. Chill out and take a bong hit, enjoy life

Shrek will moan and groan about the end of the USA
LOL
I'm taking my RV to the Lockn festival enjoying life in this country that is not defeated
Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World"
August 15th, 2019 at 6:34:42 PM permalink
kenarman
Member since: Oct 24, 2012
Threads: 14
Posts: 4510
Quote: gamerfreak
I don’t understand your point.

UBI money isn’t going into a black hole. It will be spent and put back into the economy.


Go and make sure you understand what Gross Domestic Product (GDP) is and then come back and tell me how you can give that away. As a starting point the current total federal budget is 21% of GDP.
"but if you make yourselves sheep, the wolves will eat you." Benjamin Franklin