Current Events > joey biden hates UBI

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Balrog0
09/18/17 6:18:09 PM
#1:


https://www.axios.com/biden-opposes-universal-basic-income-2486444320.html

Former Vice President Joe Biden tomorrow will push back against "Universal Basic Income," or UBI, one of the most popular suggested solutions to the massive eradication of jobs that's feared because of automation. UBI is a check to every American adult, but Biden thinks that it's the job that is important, not just the income. In a blog post tomorrow timed to the launch of the Joe Biden Institute at the University of Delaware, Biden will quote his father telling him how a job is "about your dignity. It's about your self-respect. It's about your place in your community."

Why this matters: UBI is seen as a solution to growing inequality and unemployment driven by technological change that's gained credence among some tech executives and investors. Hillary Clinton considered making it a part of her 2016 presidential campaign.

The Biden institute's emphasis the first semester will be the future of work and Biden will host an event at 4 pm Tuesday in Wilmington, with speakers including Biden; Elaine Chao, the secretary of transportation; and Mary Kay Henry, president of the Service Employees International Union. .

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Center_Right
09/18/17 6:22:43 PM
#2:


Biden is a pretty smart guy tbh.
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COVxy
09/18/17 6:23:08 PM
#3:


I mean, to a certain degree I agree with him. But my guess is that with UBI, the vast majority of people will either work or find some other ways of being a contributing member of society. Kinda soul crushing to just do nothing for an extended period of time.
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#4
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mustachedmystic
09/18/17 8:12:01 PM
#5:


Of course he's right, but if automation destroys tens of millions of jobs, and leaves a large portion of adults unable to find employment regardless of education, or skills(that's a big if, I don't see this happening anytime soon), then a UBI may prove to be necessary.
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Antifar
09/18/17 8:18:44 PM
#6:


Senator Mastercard strikes back
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Hop103
09/18/17 8:19:34 PM
#7:


Career destroying decision. Those who won't accept UBI and universal healthcare in the Democratic Party are harmful to the party.
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GreatEvilEmpire
09/18/17 8:22:52 PM
#8:


UBI is a great path to laziness and trained helplessness. For every one that gets a little bit of motivation out of it to look for a job, there are at least 10 others would gladly do nothing if they can get by on spending other people's money.
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Questionmarktarius
09/18/17 8:28:27 PM
#9:


GreatEvilEmpire posted...
UBI is a great path to laziness and trained helplessness. For every one that gets a little bit of motivation out of it to look for a job, there are at least 10 others would gladly do nothing if they can get by on spending other people's money.

That's what the "basic" part is supposed to handle.
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The Admiral
09/18/17 8:28:58 PM
#10:


Man I wish Joe had run instead of Hillary.

Godnorgosh posted...
It's better to be out of work and have a meager income than to be out of work and have nothing.


This already exists. It's called Unemployment benefits.
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Balrog0
09/18/17 10:19:49 PM
#11:


The Admiral posted...
Man I wish Joe had run instead of Hillary.

Godnorgosh posted...
It's better to be out of work and have a meager income than to be out of work and have nothing.


This already exists. It's called Unemployment benefits.


I am pro UBI but I'd like to see more research. UI seems relatively inefficient by comparison, since like most conditional transfers it distorts incentives in a way a UBI doesn't seem to. It lengthens unemployment durations, specifically, though some consider this a feature rather than a bug.

The research I've seen shows an increase in p/t work but not an overall drop in employment from, e.g., Canadian mincome experiments.
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Annihilated
09/18/17 10:22:18 PM
#12:


This is part of the reason why I'm against UBI as well. People underestimate how quickly society will unravel when people don't have anything constructive to do.
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clearaflagrantj
09/18/17 10:46:40 PM
#13:


I hate this Protestant American bs belief that work is good and it defines who you are.
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COVxy
09/18/17 10:47:57 PM
#14:


Annihilated posted...
This is part of the reason why I'm against UBI as well. People underestimate how quickly society will unravel when people don't have anything constructive to do.


I mean, you don't think people will adapt and find something constructive to do?
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The Admiral
09/18/17 10:49:44 PM
#15:


COVxy posted...
Annihilated posted...
This is part of the reason why I'm against UBI as well. People underestimate how quickly society will unravel when people don't have anything constructive to do.


I mean, you don't think people will adapt and find something constructive to do?


This board is basically a test case for what will happen if people didn't have to work. So no, I think not working and having no purpose will lead to a surge in depression and have devastatingly negative effects on society.
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Balrog0
09/18/17 10:50:36 PM
#16:


The Admiral posted...
COVxy posted...
Annihilated posted...
This is part of the reason why I'm against UBI as well. People underestimate how quickly society will unravel when people don't have anything constructive to do.


I mean, you don't think people will adapt and find something constructive to do?


This board is basically a test case for what will happen if people didn't have to work. So no, I think not working and having no purpose will lead to a surge in depression and have devastatingly negative effects on society.


That's called self selection my friend
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Turtlebread
09/18/17 10:51:05 PM
#17:


Covariance of X and Y, why do you always start your sentences with 'I mean'?
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COVxy
09/18/17 10:51:30 PM
#18:


The Admiral posted...
This board is basically a test case for what will happen if people didn't have to work. So no, I think not working and having no purpose will lead to a surge in depression and have devastatingly negative effects on society.


I mean, a large proportion of children born to the middle class and above have the ability to essentially be on UBI under their parents. Why don't they just do it?
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Balrog0
09/18/17 10:52:37 PM
#19:


COVxy posted...
The Admiral posted...
This board is basically a test case for what will happen if people didn't have to work. So no, I think not working and having no purpose will lead to a surge in depression and have devastatingly negative effects on society.


I mean, a large proportion of children born to the middle class and above have the ability to essentially be on UBI under their parents. Why don't they just do it?


Family values

Don't lob him softballs
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The Admiral
09/18/17 10:53:50 PM
#20:


Balrog0 posted...
The Admiral posted...
COVxy posted...
Annihilated posted...
This is part of the reason why I'm against UBI as well. People underestimate how quickly society will unravel when people don't have anything constructive to do.


I mean, you don't think people will adapt and find something constructive to do?


This board is basically a test case for what will happen if people didn't have to work. So no, I think not working and having no purpose will lead to a surge in depression and have devastatingly negative effects on society.


That's called self selection my friend


That's called people having no point in life and adding nothing of value to society. If able-bodied adult CEmen leading cushy lives in their parents homes with infinite free time don't voluntarily contribute to society, what makes you think anyone else on UBI who doesn't have to work will? I can't think of anything more psychologically devastating, to be honest. It's literally a curse.
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Questionmarktarius
09/18/17 10:55:51 PM
#22:


The Admiral posted...
This board is basically a test case for what will happen if people didn't have to work.

You assume that "basic" can afford decent internet, at least until it also becomes a "right" somehow.

Meanwhile, everyone else assumes a UBI for every adult won't cost three trillion dollars a year.
249,485,228 people x $12000 = $2,993,822,736,000
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Balrog0
09/18/17 11:01:49 PM
#23:


The Admiral posted...
If able-bodied adult CEmen leading cushy lives in their parents homes with infinite free time don't voluntarily contribute to society, what makes you think anyone else on UBI who doesn't have to work will?


Well, realizing most people aren't CE for one thing. Most people have more motivation than this, even the poors.

I do see this affluence problem you're talking about, but there are tradeoffs involved. Mincomes usually lead to better health outcomes (and lower public health spending). Since a huge part of the laborforce dropoff is due to opioid prescriptions (not even necessarily addictions) this still might be better even if we think that the labor force dropoff due to young men being content with playing video games all day - which I admit is a thing.

So basically I think there are lots of countervailing forces at work and it's kind of a judgment call
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#24
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AlternativeFAQS
09/18/17 11:04:42 PM
#25:


im broke and hungry but at least i have my dignity!!!
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The Admiral
09/18/17 11:06:45 PM
#26:


AlternativeFAQS posted...
im broke and hungry but at least i have my dignity!!!


You're right on the first two.
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Feline_Heart
09/18/17 11:13:23 PM
#28:


Annihilated posted...
This is part of the reason why I'm against UBI as well. People underestimate how quickly society will unravel when people don't have anything constructive to do.

That's what VR is for. Did you ever read Ready Player One? Society went to shit and people aren't able to support themselves and everyone ends up spending all their time in a VR world to escape from how crappy real life is.
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#29
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Balrog0
09/19/17 3:56:36 PM
#30:


the older I get the more silly that kinda thinkin' sounds
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FLUFFYGERM
09/19/17 4:00:04 PM
#31:


a politician wants people to be government slaves forever? not surprised
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BLAKUboy
09/19/17 4:00:29 PM
#32:


I love how all the arguments against UBI have to completely ignore the huge impact automation is already having. Jobs are already disappearing as machines get more advanced, and it's only going to get worse. It's already impossible for a good chunk of people to "make their own way" because the jobs simply aren't there. We need an answer for that, and that answer is not "But bootstraps!"
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Balrog0
09/19/17 4:00:34 PM
#33:


no he wants us to work with the grease from our elbows and the sweat from our brows
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Balrog0
09/19/17 4:03:37 PM
#34:


BLAKUboy posted...
I love how all the arguments against UBI have to completely ignore the huge impact automation is already having. Jobs are already disappearing as machines get more advanced, and it's only going to get worse. It's already impossible for a good chunk of people to "make their own way" because the jobs simply aren't there. We need an answer for that, and that answer is not "But bootstraps!"


there is a theoretical argument that automation will open up new jobs:
https://qz.com/904285/the-optimists-guide-to-the-robot-apocalypse/

but yeah the empirical evidence is not there: http://www.nber.org/papers/w23285
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krazychao5
09/19/17 4:03:50 PM
#35:


I don't think the world will "unwind" like others here think if UBI is introduced to America. Obviously, some people will become bigger shut-ins and not contribute much to society. I do believe that these people are in the minority. What's great is that if they live like that, it is likely that they will not procreate, which will help eliminate these character traits in the future.

People will have more time to pursue activities that are meaningful to them if there is UBI. I think there will be more entrepreneurs and more people partaking in activities that is beneficial for their mental and/or physical health. Society in general will be happier with the opportunities produced by the UBI.
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Romulox28
09/19/17 4:04:31 PM
#36:


lol @ the work martyrs in this topic talking about how society will implode on itself if people had a supplementary income

work will set you free, right fellas?
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krazychao5
09/19/17 4:08:30 PM
#37:


Romulox28 posted...
lol @ the work martyrs in this topic talking about how society will implode on itself if people had a supplementary income

work will set you free, right fellas?

People have opinions and once they are there, are difficult to change -- akin to habits
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#39
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Romulox28
09/19/17 4:10:58 PM
#40:


fenderbender321 posted...
Romulox28 posted...
lol @ the work martyrs in this topic talking about how society will implode on itself if people had a supplementary income

work will set you free, right fellas?


Yeah, society isn't gonna implode. But, UBI would still be 100% pointless.

how would it be pointless

fenderbender321 posted...
Imagine being afraid of automation. Imagine thinking we can't still employ the use of humans to expand the quality and/or quantity of whatever a company is trying to produce. Imagine thinking that there still won't be a market price for labor.

Can you imagine? I'm so glad I'm not one of those people.

people are already losing jobs to automation, dude. my first job out of college was significantly affected by it. it's not just factory workers.
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Anteaterking
09/19/17 4:13:12 PM
#41:


I don't understand why Biden would go out of his way to talk about how he doesn't like UBI.
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#42
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darkphoenix181
09/19/17 4:16:59 PM
#43:


he is wrong because

it takes money to make money


without a small income boost, many will get no dignity from their jobs because they will be forced into dignity-less jobs in an attempt to gain a small amount of wealth they can later use to find or build a job with dignity
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darkjedilink
09/19/17 4:20:43 PM
#44:


COVxy posted...
Annihilated posted...
This is part of the reason why I'm against UBI as well. People underestimate how quickly society will unravel when people don't have anything constructive to do.

I mean, you don't think people will adapt and find something constructive to do?

Why would they, if they get money purely for existing?
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#45
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Balrog0
09/19/17 4:22:35 PM
#46:


fenderbender321 posted...
Because prices adjust and wash out the effect.


imagine thinking that prices are perfectly elastic and that everyone would spend their money on the same basket of goods such that it would perfectly cancel out the effect of the additional money in their pocket
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#47
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Balrog0
09/19/17 4:24:04 PM
#48:


you just said that
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Romulox28
09/19/17 4:27:15 PM
#50:


fenderbender321 posted...
automation and outsourcing instances are still going to happen, sure. But I wouldn't be afraid of it. Nobody is going to be thrust into a hopeless and impossible situation. Human labor will always be in demand as long as we continue to develop ourselves.

the problem here is that automation is not creating new jobs, it's simply replacing older ones.
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C7D
09/19/17 4:30:13 PM
#51:


Hop103 posted...
Career destroying decision. Those who won't accept UBI and universal healthcare in the Democratic Party are harmful to the party.


Americans won't like the party you want to build. Good old Joe is for the workers. I'm a republican and I can agree with a lot of his ideals.
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