Universal Basic Income

[progressive hunter]

There are thousands and thousands and thousands of tax expenditures.

As I just showed, they cost $1.6 trillion EVERY YEAR.



You've been gaslighted because you actually believe eliminating these EXPENDITURES is socialism.

You could not possibly be more wrong.

so you dont have a list and are just throwing random bullshit to gaslight us,,

thats what I thought,,

 

[g5000]

got a list??

https://home.treasury.gov/system/files/131/Tax-Expenditures-FY2024-update.pdf

Just for fun, do a word search for coal.

 

[g5000]

so you dont have a list and are just throwing random bullshit to gaslight us,,

thats what I thought,,

I bet you thought you were being clever.

See post 82.

I know my subject, dude.

You are advertising your ignorance.

 

[progressive hunter]

I bet you thought you were being clever.

See post 82.

I know my subject, dude.

You are advertising your ignorance.

if you knew the subject you could give me a list,,

 

[jbander]

I agree what we currently have in the US is not capitalism. I agree with JD Vance that what we have is a "corporate oligarchy".

But as I said, there are good regulations and there are bad regulations.

and like I said saying there is good and bad regulation shows the total lack of understanding of regulations. They attack regulation by telling you about stupid regulations but once moved to action on regulation would never touch the talking point bad regulation and only go after the bottom line regulation , so if that's the case, the issue is in no way the problem being there are good and bad regulations. , my simple response is without regulation big b would eat our children for their bottom line and history supports this point completely. Regulations are attacked not because they are bad or stupid they are attacked because how it effects their bottom line.

 

[g5000]

what you want will increase the debt and not decrease the taxs people pay and create a bigger divide in the country,,

Again, you are showing off your ignorance. The more you repeat a lie does not make it magically become true.

Sorry. It just does not work that way.

And Reagan proved I'm right 40 years ago.

You haven't a clue what conservatism is.

 

[g5000]

if you knew the subject you could give me a list,,

Again, see post 82. Are you blind?

 

[g5000]

Wow. You quoted the post containing a link to the list of tax expenditures and then repeated your demand for a list!


You really are willfully blind.

Sad.

 

[ThisIsMe]

Not necessarily in the way you imply, no. As we can see in the US and in other countries, wages can outpace and have outpaced prices. Because time marches on. Economic growth continues.

But if every time an upward pressure on prices occurs, you have a huge wealth gap rendering a significant portion of the earners virtually immune to inflation, it exacerbates the problem.

In fact, these upper earners often BENEFIT from inflation. They begin to conspire (wittingly or otherwise) to push prices even higher.

Go see the housing market right now, for a great example.

So you believe that the entire country can increase its income by $500, $1000, $2000 per month and the economy wouldn’t react?

I just feel that whatever UBI is decided on, THAT will become the new norm, or baseline, and eventually we’ll be right back in the same place as we are now.

Maybe I’m wrong, I just think these things tend to have a way of “evening out”

 

[BackAgain]

“Universal basic income” consists of taking from the pockets of those who contribute in order to hand it out to those who refuse to even try to contribute.

What an asshole notion.

 

[jbander]

and like I said saying there is good and bad regulation shows the total lack of understanding of regulations. They attack regulation by telling you about stupid regulations but once moved to action on regulation would never touch the talking point bad regulation and only go after the bottom line regulation , so if that's the case, the issue is in no way the problem being there are good and bad regulations. , my simple response is without regulation big b would eat our children for their bottom line and history supports this point completely. Regulations are attacked not because they are bad or stupid they are attacked because how it effects their bottom line.

Capitalism can be twisted into a corporate oligarchy within the perimeter of a capitalistic system . The idea that capitalism within itself is some noble economic direction is non sense , it can be twisted into the ugliest forms within the stated parameters of the system.

 

[Fort Fun Indiana]

So you believe that the entire country can increase its income by $500, $1000, $2000 per month and the economy wouldn’t react?

I didnt state or imply this, and I have no use or time for your non sequiturs.

I even specifically pointed resulting economic growth countering your overly simple idea. What a waste of time that was, apparently.

 

[Fort Fun Indiana]

“Universal basic income” consists of taking from the pockets of those who contribute in order to hand it out to those who refuse to even try to contribute.

"Refuse"

What we have here is a specious appeal to emotion that comes loaded with judgment of 10s of millions of people.

 

[RoshawnMarkwees]

I think at some point a UBI will be inevitable given the improvement in technology replacing human labor at a rapid pace.

Every advance in technology warned of labor replacement while the advancements mostly resulted in new employment.
You’re just signing off on an excuse for communism. No surprise. You’re a democrat.

 

[ThisIsMe]

I didnt state or imply this, and I have no use or time for your non sequiturs.

I’m suggesting that giving everyone UBI will give everyone a little breathing room, for awhile, but eventually we will be right back where we are now.

You seem to think that’s not the case, so I can only assume that you think that giving people extra money won’t affect the economy in that way. Good grief man, it was a question, and we’re having (or we’re having) a conversation and almost immediately you jump off the deep end into accusing me of “non sequiturs”, rather than correct my assumption you go defensive lol.

 

[my2¢]

Being retired the one security I have is that my job isn't at risk of being replaced by AI. They're predicting millions of jobs lost to AI by 2030. Both our landscaper and housecleaner should be okay, otherwise I can't imagine what future of careers holds. Elon Musk imagines a future where jobs are only a hobby and the existence of a universal high income. Sounds like Science Fiction to me.

 

[Fort Fun Indiana]

Every advance in technology warned of labor replacement while the advancements mostly resulted in new employment.

*In China and Mexico and Thailand

 

[Dont Taz Me Bro]

Every advance in technology warned of labor replacement while the advancements mostly resulted in new employment.

What are the jobs of the future?

 

[Fort Fun Indiana]

I’m suggesting that giving everyone UBI will give everyone a little breathing room, for awhile, but eventually we will be right back where we are now.

I know. I heard you the first time.

And I explained pretty well why that is just not necessarily so. Possible? Yes.

 

[Fort Fun Indiana]

What are the jobs of the future?

Serving foreign tourists drinks at the wet bar.