Current Events > How is universal basic income going to work?

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Damn_Underscore
04/16/17 11:26:46 PM
#1:


The estimated federal tax revenue for 2017 is $3.64 trillion. and there are about 325 million Americans right now (which will only rise in number)

Based on those numbers and assuming tax money goes to nothing but UBI each American would get about $11,175, which is below the poverty line for a single person.

Even if you collect more taxes and give UBI only to the Bottom 90% or something, obviously tax money has to go to other things besides UBI. So how is UBI supposed to work at all?
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ChromaticAngel
04/16/17 11:28:47 PM
#2:


Damn_Underscore posted...
The estimated federal tax revenue for 2017 is $3.64 trillion. and there are about 325 million Americans right now (which will only rise in number)

Based on those numbers and assuming tax money goes to nothing but UBI each American would get about $11,175, which is below the poverty line for a single person.

Even if you collect more taxes and give UBI only to the Bottom 90% or something, obviously tax money has to go to other things besides UBI. So how is UBI supposed to work at all?


You have to have government controlled pricing of things. It's the only way.
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siganddaxter
04/16/17 11:31:22 PM
#3:


Resources will be nearly limitless.

Energy will be free, food production will be automated.

Most things will be so different.
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REMercsChamp
04/16/17 11:32:56 PM
#4:


You're going to get paid to sit at home and play video games all day!!!!!
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Drasilor
04/16/17 11:35:19 PM
#5:


Damn_Underscore posted...
The estimated federal tax revenue for 2017 is $3.64 trillion. and there are about 325 million Americans right now (which will only rise in number)

Based on those numbers and assuming tax money goes to nothing but UBI each American would get about $11,175, which is below the poverty line for a single person.

Even if you collect more taxes and give UBI only to the Bottom 90% or something, obviously tax money has to go to other things besides UBI. So how is UBI supposed to work at all?


Well your math is already off since it's including everyfuckingbody in the US.
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Questionmarktarius
04/16/17 11:36:27 PM
#6:


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Damn_Underscore
04/17/17 1:04:11 PM
#7:


A negative income tax might would breed laziness and be terrible for the economy. Nearly everyone would rather receive $15,000 for doing nothing than work a service job and make a few thousand dollars more.

And people say we will NEED UBI because automation will take all the jobs, and if that is true then a negative income tax wouldn't be enough.
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Ampelas
04/17/17 1:05:32 PM
#8:


Ask Proudclod. Aside from REMercsChamp, he's the one who talks about it the most on here

@meingott
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The Admiral
04/17/17 1:06:36 PM
#9:


Damn_Underscore posted...
So how is UBI supposed to work at all?


It's not. It's a liberal fantasy only loosely justified by some phobia that robots will eliminate all the jobs in a few hundred years.
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fire_bolt
04/17/17 1:08:58 PM
#10:


Just saiyan, I live on about $12K a year after taxes and I live pretty comfortably
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MJ_Max
04/17/17 1:09:31 PM
#11:


The Admiral posted...
It's not. It's a liberal fantasy only loosely justified by some phobia that robots will eliminate all the jobs in a few hundred years.

Why wouldn't they, at the least, eliminate most jobs?
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#12
Post #12 was unavailable or deleted.
Ampelas
04/17/17 1:10:56 PM
#13:


fire_bolt posted...
Just saiyan, I live on about $12K a year after taxes and I live pretty comfortably

Define comfortably though.
Like what are your bills?
Own place or live with parents?
Car?
Education level?

Comfortable is very variable
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Antifar
04/17/17 1:12:49 PM
#14:


MJ_Max posted...
The Admiral posted...
It's not. It's a liberal fantasy only loosely justified by some phobia that robots will eliminate all the jobs in a few hundred years.

Why wouldn't they, at the least, eliminate most jobs?

We've had these automation scares in the past; in each instance the automation of work in one sector created or opened up work opportunities elsewhere.

To give a (probably bad metaphor) the fact that we no longer have to spend hours doing laundry by hand frees up time for video games, netflix, and other recreational pursuits that, at one end result from labor.
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Sativa_Rose
04/17/17 1:13:07 PM
#15:


We are still decades off (or at least like 15 years) from being prosperous enough as a society to do UBI.
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The Admiral
04/17/17 1:13:27 PM
#16:


MJ_Max posted...
The Admiral posted...
It's not. It's a liberal fantasy only loosely justified by some phobia that robots will eliminate all the jobs in a few hundred years.

Why wouldn't they, at the least, eliminate most jobs?


Because we have no idea what the job needs of the future will be at the time those robots replace today's jobs. Technology and automation of today have eliminated almost every job that people had in 1700, and yet the global employment rate has never been higher. Those folks would have made the same assumptions about future technology in 1700 because they couldn't imagine how things would be today.
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I Like Toast
04/17/17 1:16:20 PM
#17:


It doesn't work.

fire_bolt posted...
Just saiyan, I live on about $12K a year after taxes and I live pretty comfortably

If this is true the only way you are is because of other government programs, which you'd no longer be getting.

Sativa_Rose posted...
We are still decades off (or at least like 15 years) from being prosperous enough as a society to do UBI.

Lol
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MJ_Max
04/17/17 1:17:08 PM
#18:


New jobs will open up sure, but why should we require people to take them to survive when these jobs increasingly are unrelated to survival? When all jobs that handle survival are automated, why should people need to work to survive?
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Were_Wyrm
04/17/17 1:17:31 PM
#19:


Just print more money.
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Broseph_Stalin
04/17/17 1:18:54 PM
#20:


The Admiral posted...
some phobia that robots will eliminate all the jobs in a few hundred years.


That's exactly what's going to happen and why UBI will actually be feasible in the future.

If robots are doing all the manual labor for us, energy is produced through renewable sources, health problems are easily solved with genetic engineering and every house is 3D printed in a day then the cost of living will have become so low that the government could provide that kind of money easily like they do food stamps today. Working just to survive will be a relic of the past.

But I'm trying to explain economics to a person who thinks a sweat shop in China was shut down because liberals support a minimum wage so this was probably a waste of time.
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fire_bolt
04/17/17 1:19:02 PM
#21:


Full time student with a full time job
Bills are rent, lights, internet, phone, car insurance
I split a small 2 bedroom apartment with one roommate
We eat out about half our meals and cook about half
I bought a used car at the beginning of the year by trading in my old one and paid cash from my savings on the rest

I simply don't try to live outside my means and always put a little money back whenever possible
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The Admiral
04/17/17 1:20:35 PM
#22:


Broseph_Stalin posted...
The Admiral posted...
some phobia that robots will eliminate all the jobs in a few hundred years.


That's exactly what's going to happen and why UBI will actually be feasible in the future.

If robots are doing all the manual labor for us, energy is produced through renewable sources, health problems are easily solved with genetic engineering and every house is 3D printed in a day then the cost of living will have become so low that the government could provide that kind of money easily like they do food stamps today. Working just to survive will be a relic of the past.

But I'm trying to explain economics to a person who thinks a sweat shop in China was shut down because liberals support a minimum wage so this was probably a waste of time.


No, what you're trying and failing to do is explain economics to someone with an economics degree. And, no surprise, you have no idea what you're talking about. What your post is discussing is science-fiction and is a laughable basis for current economic policies.
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fire_bolt
04/17/17 1:21:26 PM
#23:


Lmao, Toast showing his ignorance again

I receive zero government assistance, silly. Everything I have I've earned
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MJ_Max
04/17/17 1:23:55 PM
#24:


The Admiral posted...
No, what you're trying and failing to do is explain economics to someone with an economics degree. And, no surprise, you have no idea what you're talking about. What your post is discussing is science-fiction and is a laughable basis for current economic policies.

https://en.wikipedia.org/wiki/Guy_Standing_(economist)

Here's a dude I Googled in 5 seconds with a PhD in economics who supports Basic Income. I assume you're going to defer your opinion to this dude just like that guy you're responding to should bow down to your degree?
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Broseph_Stalin
04/17/17 1:26:12 PM
#25:


The Admiral posted...
What your post is discussing is science-fiction


Capitalism making industry more efficient is science-fiction? That's an admiral post for sure. Starvation was a real problem for 99.9% of human history yet today obesity is the much greater problem. That's because food is cheaper and produced in greater volume than ever before thanks to more efficient farming technology. The same thing will happen to every other industry.

And feel free to explain why a sweat shop in China got shut down because liberals in the US support minimum wage laws Mr. Economics degree.
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The Admiral
04/17/17 1:28:00 PM
#26:


MJ_Max posted...
The Admiral posted...
No, what you're trying and failing to do is explain economics to someone with an economics degree. And, no surprise, you have no idea what you're talking about. What your post is discussing is science-fiction and is a laughable basis for current economic policies.

https://en.wikipedia.org/wiki/Guy_Standing_(economist)

Here's a dude I Googled in 5 seconds with a PhD in economics who supports Basic Income. I assume you're going to defer your opinion to this dude just like that guy you're responding to should bow down to your degree?


Now, spend another 5 seconds on Google and you'll find PhDs in economics who disagree with that theory. If you actually read the paper, you'll notice the issues discussed are not the same fantasy ones mentioned in this topic (and yes, I've read academic papers on this issue before).

Not that this guy is really relevant to some completely ignorant user like Broseph Stalin who doesn't know what he's talking about. He's treated in a way that reflects his posting style and general lack of ability to make intelligent points.
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hockeybub89
04/17/17 1:29:26 PM
#27:


The Admiral posted...
MJ_Max posted...
The Admiral posted...
It's not. It's a liberal fantasy only loosely justified by some phobia that robots will eliminate all the jobs in a few hundred years.

Why wouldn't they, at the least, eliminate most jobs?


Because we have no idea what the job needs of the future will be at the time those robots replace today's jobs. Technology and automation of today have eliminated almost every job that people had in 1700, and yet the global employment rate has never been higher. Those folks would have made the same assumptions about future technology in 1700 because they couldn't imagine how things would be today.

We are attempting to eliminate as much manual and unskilled labor as possible. When that happens, I can't imagine enough new jobs being created to support the population, and that is assuming everyone is competent enough to do those jobs.
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The Admiral
04/17/17 1:30:44 PM
#28:


hockeybub89 posted...

We are attempting to eliminate as much manual and unskilled labor as possible. When that happens, I can't imagine enough new jobs being created to support the population, and that is assuming everyone is competent enough to do those jobs.


And that's the problem. Like I said earlier, people 300 years ago could not have imagined the job environment of today. But your lack of imagination and phobia of future changes is not a rational basis for economic policies.
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Broseph_Stalin
04/17/17 1:31:22 PM
#29:


The Admiral posted...
Not that this guy is really relevant to some completely ignorant user like Broseph Stalin who doesn't know what he's talking about.


Are you mad that I'm destroying you in this topic or the topic where I called you out on your anti-semitic conspiracy theory and you had to flee like usual?
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meingott
04/17/17 1:32:14 PM
#30:


admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.
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The Admiral
04/17/17 1:34:00 PM
#31:


Broseph_Stalin posted...
The Admiral posted...
Not that this guy is really relevant to some completely ignorant user like Broseph Stalin who doesn't know what he's talking about.


Are you mad that I'm destroying you in this topic or the topic where I called you out on your anti-semitic conspiracy theory and you had to flee like usual?


LOL, you're basically shadow boxing and have convinced yourself you've actually won a fight.

No one here has any respect for your intelligence, so these claims about things I said in other topics (anti-Semitism, sweat shops) are just being ignored. As they should, because you made them up to take attention off the fact that your points are garbage.
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Sativa_Rose
04/17/17 1:34:14 PM
#32:


meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


It amazes me how sure random people are about this. Notice how you said that it WILL happen. Do you work in AI? How sure are you that it is inevitable that pretty much anything a human can do will be replaced by automation?
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meingott
04/17/17 1:35:12 PM
#33:


Sativa_Rose posted...
meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


It amazes me how sure random people are about this. Notice how you said that it WILL happen. Do you work in AI? How sure are you that it is inevitable that pretty much anything a human can do will be replaced by automation?


yes i do.

100% sure.
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The Admiral
04/17/17 1:36:07 PM
#34:


meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


> Calls a position ignorant
> Makes an assertion about uncertain future technology that isn't close to existing

Come on, dude.

Even if you're right in that AI will eliminate every single job that exists today, you have no idea what the job needs will be at that point in the future. But this is a limitation of you to imagine the world of tomorrow, not an issue that should be taken seriously in creating economic policy today.
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Rexdragon125
04/17/17 1:39:19 PM
#35:


UBI will require the ruling class to hand out money, never going to happen
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meingott
04/17/17 1:39:54 PM
#36:


The Admiral posted...
meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


> Calls a position ignorant
> Makes an assertion about uncertain future technology that isn't close to existing

Come on, dude.

Even if you're right in that AI will eliminate every single job that exists today, you have no idea what the job needs will be at that point in the future. But this is a limitation of you to imagine the world of tomorrow, not an issue that should be taken seriously in creating economic policy today.


wrong. couple more years and self driving cars/trucks will be ready to replace human drivers. whatchu gonna do about that?
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MJ_Max
04/17/17 1:41:05 PM
#37:


The Admiral posted...
meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


> Calls a position ignorant
> Makes an assertion about uncertain future technology that isn't close to existing

Come on, dude.

Even if you're right in that AI will eliminate every single job that exists today, you have no idea what the job needs will be at that point in the future. But this is a limitation of you to imagine the world of tomorrow, not an issue that should be taken seriously.

If you knew for a fact that AI and automation would exist to the extent that everything everyone needs for basic survival was automated, would you still require people to get jobs? Even if there were plenty of other needs in the world for people to work jobs, just not survival-based ones.

Would you let people freely take enough to survive, or would you restrict those automated goods to those who work?
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darkphoenix181
04/17/17 1:41:19 PM
#38:


there is already self-driving trucks working and doing loads

I know a truck driver and he told me all about it
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The Admiral
04/17/17 1:42:30 PM
#39:


meingott posted...
The Admiral posted...
meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


> Calls a position ignorant
> Makes an assertion about uncertain future technology that isn't close to existing

Come on, dude.

Even if you're right in that AI will eliminate every single job that exists today, you have no idea what the job needs will be at that point in the future. But this is a limitation of you to imagine the world of tomorrow, not an issue that should be taken seriously in creating economic policy today.


wrong. couple more years and self driving cars/trucks will be ready to replace human drivers. whatchu gonna do about that?


Enjoy the improvement, the same way folks likely enjoyed the upgrade from horse buggies to cars.

You guys are acting like it's a new discovery that technological innovation replaces certain types of jobs... Not sure why you think this is something different.
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meingott
04/17/17 1:43:59 PM
#40:


The Admiral posted...
meingott posted...
The Admiral posted...
meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


> Calls a position ignorant
> Makes an assertion about uncertain future technology that isn't close to existing

Come on, dude.

Even if you're right in that AI will eliminate every single job that exists today, you have no idea what the job needs will be at that point in the future. But this is a limitation of you to imagine the world of tomorrow, not an issue that should be taken seriously in creating economic policy today.


wrong. couple more years and self driving cars/trucks will be ready to replace human drivers. whatchu gonna do about that?


Enjoy the improvement, the same way folks likely enjoyed the upgrade from horse buggies to cars.

You guys are acting like it's a new discovery that technological innovation replaces certain types of jobs... Not sure why you think this is something different.


ill enjoy the improvement.

but the millions of new unemployed people wont. whatchu gonna do about them when they come for your palace and savings?
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MJ_Max
04/17/17 1:44:31 PM
#41:


The Admiral posted...
meingott posted...
The Admiral posted...
meingott posted...
admiral, youre speaking from a position of ignorance. this new wave of automation will create artificial intelligence that can do pretty much anything a human can do.


> Calls a position ignorant
> Makes an assertion about uncertain future technology that isn't close to existing

Come on, dude.

Even if you're right in that AI will eliminate every single job that exists today, you have no idea what the job needs will be at that point in the future. But this is a limitation of you to imagine the world of tomorrow, not an issue that should be taken seriously in creating economic policy today.


wrong. couple more years and self driving cars/trucks will be ready to replace human drivers. whatchu gonna do about that?


Enjoy the improvement, the same way folks likely enjoyed the upgrade from horse buggies to cars.

You guys are acting like it's a new discovery that technological innovation replaces certain types of jobs... Not sure why you think this is something different.

Because computers allow for arbitrary automation complexity.
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Broseph_Stalin
04/17/17 1:45:16 PM
#42:


The Admiral posted...
You're making things up that's why i can't defend any of my arguments!


Unfortunately for you the topic is still up:

https://www.gamefaqs.com/boards/400-current-events/75243546

Notice the sudden lack of Admiral post once you're called out on your nazi conspiracy theories.

But if you're going to ignore that feel free to put that economics degree to use and explain why capitalism hasn't made industry more efficient. Can't wait for that one.
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hockeybub89
04/17/17 1:45:29 PM
#43:


The Admiral posted...
hockeybub89 posted...

We are attempting to eliminate as much manual and unskilled labor as possible. When that happens, I can't imagine enough new jobs being created to support the population, and that is assuming everyone is competent enough to do those jobs.


And that's the problem. Like I said earlier, people 300 years ago could not have imagined the job environment of today. But your lack of imagination and phobia of future changes is not a rational basis for economic policies.

I have no fear. I want that future.

This isn't people moving to a new factory or driving taxis instead of buggies. We are going to take people out of factories, drivers out of cars, cashiers and waitstaff out of stores and restaurants. That isn't fearmongering. That is the aim. Why let humans do what a machine can do better? Because humans have to work? We aren't automating just so people can move on to new similar jobs.
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The Admiral
04/17/17 1:50:52 PM
#44:


Broseph_Stalin posted...
The Admiral posted...
You're making things up that's why i can't defend any of my arguments!


Unfortunately for you the topic is still up:

https://www.gamefaqs.com/boards/400-current-events/75243546

Notice the sudden lack of Admiral post once you're called out on your nazi conspiracy theories.

But if you're going to ignore that feel free to put that economics degree to use and explain why capitalism hasn't made industry more efficient. Can't wait for that one.


It has, so that point is asinine.

As for the other topic, I just see someone with poor reading comprehension who thought cultural Marxism was the same as social Marxism. This was pointed out to you, and you and Rebel ignored it as expected.
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#45
Post #45 was unavailable or deleted.
MJ_Max
04/17/17 1:54:47 PM
#46:


Asherlee10 posted...
I think it's important to note that until we have Strong A.I. (https://en.wikipedia.org/wiki/Artificial_consciousness), humans are going to be needed for a lot of jobs, even after we've automated so many of the common jobs that exist today.

The main concern I have about strong A.I. though is that it seems to imply consciousness, which means we can't ethically force it to do anything.
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Broseph_Stalin
04/17/17 1:54:54 PM
#47:


The Admiral posted...
It has, so that point is asinine.


Then why don't you agree that it will continue to make industry more efficient in the future?

The Admiral posted...
I just see someone with poor reading comprehension who thought cultural Marxism was the same as social Marxism.


Yes that's exactly where you fled the topic. People pointed out there was no difference and you really couldn't explain otherwise.

DzMDwNI
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meingott
04/17/17 1:55:32 PM
#48:


Asherlee10 posted...
I think it's important to note that until we have Strong A.I. (https://en.wikipedia.org/wiki/Artificial_consciousness), humans are going to be needed for a lot of jobs, even after we've automated so many of the common jobs that exist today.


once you've eliminated transportation jobs and a good chunk of the service sector, there won't be enough work for people. that future is really close.
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Ampelas
04/17/17 1:56:15 PM
#49:


The Admiral posted...
Broseph_Stalin posted...
The Admiral posted...
You're making things up that's why i can't defend any of my arguments!


Unfortunately for you the topic is still up:

https://www.gamefaqs.com/boards/400-current-events/75243546

Notice the sudden lack of Admiral post once you're called out on your nazi conspiracy theories.

But if you're going to ignore that feel free to put that economics degree to use and explain why capitalism hasn't made industry more efficient. Can't wait for that one.


It has, so that point is asinine.

As for the other topic, I just see someone with poor reading comprehension who thought cultural Marxism was the same as social Marxism. This was pointed out to you, and you and Rebel ignored it as expected.

Please explain the difference between the two and what the definition of "social Marxism" is
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meingott
04/17/17 1:57:50 PM
#50:


daily reminder that Ampelas and Broseph_Stalin are useless shitposters
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