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TopicHow Andrew yang would support $1000 UBI bill
yutterh
12/01/19 11:16:28 PM
#62:


Zeus posted...
The interview just underscores that Andrew Yang is a joke. His entire plan is based on theories where he fundamentally misunderstands effects, such as believing that UBI is the cure for incarceration despite the fact that many crimes have little to do with peoples' ability to afford something, ignores that UBI will create inflation that drives up costs on all Americans, etc. And he just tosses out completely speculative math for much of it. He's like Jill Stein, but worse. Not to mention that he doesn't understand that VATs create costs that get passed along to consumers.

Assuming it's non-taxable and depending on your circumstances (particularly if "free" universal healthcare is passed and that burden is shifted onto your taxes), you kinda can. Granted, even if it was taxable, that alone could fall into a non-taxable bracket.


It isn't a cure and he doesn't say it is. But it will help keep petty crimes down. He also plans to decriminalize drug use, so you won't go to jail just for using the drug. Drug dealers will still go to jail. Sure it isn't a cure all but it will immensely help people that are in tough situations who commit crimes out of necessity. I also don't believe the UBI will raise inflation that much, Sure it will probably increase costs some what in reply to the vat tax but not enough to out do the UBI. Heck many probably won't increase prices since they will be selling a lot more items. Since demand will most likely increase, economics 101.

It is also a infinitely better option then forcing the minimum wage to increase which will have a much more devastating effect on the economy and jobs. This is definitely also a better option then trickle down economy model. This will help smaller communities and towns immensely, it will be much safer to open up a new business or be a entrepreneur. The thing with Yang's UBI is the pro's drastically out way the cons. Sure some adjustments will need to be made but it will be very helpful to a lot of people. Heck it isn't even really for us who are doing decent or well, it is to help those who are struggling, losing jobs to; automation, minimum wage increases, medical issues, forced medical coverage, dying business's etc.

Also yang will have single payer medicare for all and keep private healthcare. It is most likely not taxable and sure you can live off that if you live with your parents and have them pay all your bills. Where in the united states can you afford rent, utilities, food, luxury goods, etc all on $1000 a month?

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