Current Events > How would UBI even work?

(+) Yeah! (+)

They dont even want to lower taxes. How is giving money to people ever going to be a thing?

_____Cait posted...

They dont even want to lower taxes. How is giving money to people ever going to be a thing?

UBI would be easy since the government already gives out tons of free money.

The idea is that if more people had money to buy things, more tax would be generated

The question isnt how UBI is going to work, the question is how contemporary capitalist society is going to work without UBI. Hint: it wont.

The question is not what your country can do for you

I'm not working my ass off so lazy bums can get my hard earned money to buy their booze, porn, and drugs.

It gets paid directly from the fed rather than the government. It doesnt come out of the existing pots of money. That way the fed can increase and decrease how much UBI is paid and it becomes another lever they can use to control inflation like interest rates.

Revisited posted...

I'm not working my ass off so lazy bums can get my hard earned money to buy their booze, porn, and drugs.

I'm not working my ass off so your arthritic grandmother can have a dignified retirement.

-- American tough guys

Revisited posted...

I'm not working my ass off so lazy bums can get my hard earned money to buy their booze, porn, and drugs.

You dont need to work your ass off. Universal includes you.

Government gives money to be put into the economy. The market uses that money being infused into the economy to invest into technologies, resources, improvements and pays money back into the government.

Also UBI wouldn't preclude people working. It is just there to help bolster their pay or if they lose their job they're not just straight up fuck fucked.

Americans are way to selfish to ever have anything that benefits them like free college or healthcare

CADE_FOSTER posted...

Americans are way to selfish to ever have anything that benefits them like free college or healthcare

How much would universal healthcare cost per person per month? Like how much do the countries with it spend? Just curious I think UBI would be around 4.1 trillion a year at just $1,000 a month.

Mistere_Man posted...

How much would universal healthcare cost per person per month? Like how much do the countries with it spend? Just curious I think UBI would be around 4.1 trillion a year at just $1,000 a month.

and that money would be spent, generating taxes. Then the people who they gave the money to will spend the money, generating more taxes, etc. It eventually all is given back to the government, which then reinvests the money in the people. it's basically just circulating the supply of money around and making sure everyone get a piece (which would be a slice designed so poor people who don't/can't find other options other than full-time+ employment can survive, rather than be unhoused, die, or resort to crime to surive), as opposed to lowering taxes for the rich so they can keep and hold their piece of the pie while the rest starve or fight for scraps.

Oh I am not judging against the idea, I am just curious at the cost. Trying to figure out how much would be needed to make it work.

it wouldn't

Take money away from NASA and all non essential military shit just for a few months. Should cover it

haloiscoolisbak posted...

Take money away from NASA and all non essential military shit just for a few months. Should cover it

It's funny when conservatives make pronouncements like this. It's a good thing your leaders are generally smart enough to understand the research and development benefits of NASA for things like military weapon development...but they know such nuance is lost on their base, they just need you to be screaming at fake nonsense like making science and scientists a hated foe to distrust.

haloiscoolisbak posted...

Take money away from NASA and all non essential military shit just for a few months. Should cover it

So, eliminate jobs to cover UBI?

Americans dont even want to vote for universal healthcare because ThAts SoCiAlIsM! Theres no way UBI will ever happen.

tankboy posted...

So, eliminate jobs to cover UBI?

I'm guessing people that post stuff like that think science is a "globalist" conspiracy to get magnetic 5G devil squids into your children's library using Central America immigrants to turn it trans.

Chill guys, I meant it more in like a "space travel is a luxury compared to real issues" type way I guess. Definitely not anti Vax or anti science, work in the health field!

haloiscoolisbak posted...

Chill guys, I meant it more in like a "space travel is a luxury compared to real issues" type way I guess. Definitely not anti Vax or anti science, work in the health field!

Why take money away from NASA of all places?

That's the odd part that drew attention.

Torgo posted...

I'm not working my ass off so your arthritic grandmother can have a dignified retirement.

*arithmetic

Torgo posted...

Why take money away from NASA of all places?

That's the odd part that drew attention.

Dunno, I guess I know little about NASA beyond their desire to push the final frontier. and while I view it as highly interesting(see my username for my opinion on outer space), I think we should fully focus on fixing earth before worrying about Mars

haloiscoolisbak posted...

Dunno, I guess I know little about NASA beyond their desire to push the final frontier. and while I view it as highly interesting(see my username for my opinion on outer space), I think we should fully focus on fixing earth before worrying about Mars

Ahh... well the thing about science is that it's not singularly focused, especially for an organization so broad as NASA. They provide valuable research into a lot of technology that benefits life here on earth as well as adding to the body of human knowledge.

I'd say NASA, along with the Post Office are examples of our government doing things that benefit society and are well worth the taxpayer investment.

Roads are useful too.

famfam posted...

and that money would be spent, generating taxes. Then the people who they gave the money to will spend the money, generating more taxes, etc. It eventually all is given back to the government, which then reinvests the money in the people. it's basically just circulating the supply of money around and making sure everyone get a piece (which would be a slice designed so poor people who don't/can't find other options other than full-time+ employment can survive, rather than be unhoused, die, or resort to crime to surive), as opposed to lowering taxes for the rich so they can keep and hold their piece of the pie while the rest starve or fight for scraps.

The government will only receive a small % of that money back after taxs, no where near enough for the UBI to essentially pay for itself as youre implying, let alone the debt were in for all the other programs and things were funding.

That and frankly Im curious why many seem to think this just wont increase demand and cause even more inflation.

haloiscoolisbak posted...

Dunno, I guess I know little about NASA beyond their desire to push the final frontier. and while I view it as highly interesting(see my username for my opinion on outer space), I think we should fully focus on fixing earth before worrying about Mars

And Space X too right

Prismsblade posted...

The government will only receive a small % of that money back after taxs, no where near enough for the UBI to essentially pay for itself as youre implying, let alone the debt were in for all the other programs and things were funding.

That and frankly Im curious why many seem to think this just wont increase demand and cause even more inflation.

See my post 7.

_____Cait posted...

And Space X too right

Well they're not government funded but sure I absolutely would love it if Musk donated his whole net worth towards UBI

SHRlKE posted...

See my post 7.

I did but I think youre greatly overestimating the feds ability to print money with zero repercussions and control inflation.

UBI would replace most of the welfare programs that already exist, so it's not like it's "what we have now PLUS billions of dollars"

Euripides posted...

UBI would replace most of the welfare programs that already exist, so it's not like it's "what we have now PLUS billions of dollars"

Its just uninformed people. 0% of the people who would visit a site like this have even a single reason to be against it.

Prismsblade posted...

I did but I think youre greatly overestimating the feds ability to print money with zero repercussions and control inflation.

Well if you have an issue with that Im guessing you have an issue with the current system?

haloiscoolisbak posted...

Well they're not government funded but sure I absolutely would love it if Musk donated his whole net worth towards UBI

If you liquidated musk you'd have enough money to give everyone in America like $500/month ubi for half a year. Musk's a target because he's so rich but in the grand scheme of things he's just one small chunk of a larger billionaire problem. Instead of taking all his money, we need to take part of the money from all people like him.

I go to sleep with less money and I wake up with more money

I know lowering taxes sounds great but that just means the government has less money to do the things it should be doing. That's why when democrats take over the need to raise taxes again because our country is collapsing from the inside and it's because Republicans keep taking away the money that repairs things.

Hejiru posted...

Americans dont even want to vote for universal healthcare because ThAts SoCiAlIsM! Theres no way UBI will ever happen.

lol pretty much this.

Unfortunately.

creativerealms posted...

I know lowering taxes sounds great but that just means the government has less money to do the things it should be doing. That's why when democrats take over the need to raise taxes again because our country is collapsing from the inside and it's because Republicans keep taking away the money that repairs things.

I wouldnt mind raising taxes if the government handles it properly and puts it toward the common American people but our tax money is used to fund wars and used to give the rich and wealthy more tax breaks

It would work like it does in most civilized European countries

I think a problem that wed have to find a way to address first would be people raising the prices of stuff. Like rent or whatever It would suck if after UBI, some places started resisting the rent since they know the people around them would have extra money That would suck

LinkPizza posted...

I think a problem that wed have to find a way to address first would be people raising the prices of stuff. Like rent or whatever It would suck if after UBI, some places started resisting the rent since they know the people around them would have extra money That would suck

thats where regulations come in

and guess who is against regulations

Revisited posted...

I'm not working my ass off so lazy bums can get my hard earned money to buy their booze, porn, and drugs.

OK but it's not your money

_____Cait posted...

thats where regulations come in

and guess who is against regulations

Regulations are all good. The problem is people working around those regulations. For example, people can already charge whatever they want for renting a house to live in. So, its hard to tell someone they cant change how much to charge someone for rent. Or how to prove a house on the market. Or how much things should cost at the store. Regulations can only do so much. But cant stop people just pricing stuff at the price they want Well, cant stop most stuff. Some stuff, they can probably stop I think thats my main worry

u gib me da moneys and i spend da moneys

easy. how can one possibly NOT understand this, leik, ooooomg. stupid 'pubwicans!!!!1

Theres a lot of indirect ways the government pays people that wouldnt be needed if we had UBI

Tyranthraxus posted...

If you liquidated musk you'd have enough money to give everyone in America like $500/month ubi for half a year.

So lets check that. 192,6 billion usd is his net worth. most of that is in stock, and you can't just """liquididate""" (good word tho!) without the assets taking a massive nosedive in valuation. That's....literally how stocks work.

Anyways, assuming you can, 192.6 Bill over 350 mil = $550. Total. Not per month.

Quezovercoatl posted...

OK but it's not your money

Oh come on, don't be obtuse. Taxes come from our paychecks.

I'd really rather have a lot of accounting and auditing going on to make sure money gets to where it should go. So much exploitation out there.