Universal Basic Income - Social Anxiety Forum
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post #1 of 44 (permalink) Old 09-14-2018, 02:11 AM Thread Starter
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Universal Basic Income

What would you do with $1,000 per month?

I would go back to school, put some money away for a rainy day, go to more concerts, fix up my house, maybe get a haircut (just a trim)
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post #2 of 44 (permalink) Old 09-14-2018, 08:36 PM
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1000 per month only?
1000 on top of what you have currently? meaning what would you do with an extra 1000?
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post #3 of 44 (permalink) Old 09-15-2018, 12:06 PM
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Fall into a higher tax bracket. If I had am extra 1k, I'd put 500 into my savings account and 500 into my life is beautiful account.
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post #4 of 44 (permalink) Old 09-18-2018, 05:23 AM
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A thousand dollars a month is not enough to cover even the basics, at least where I live.
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post #5 of 44 (permalink) Old 09-18-2018, 09:42 PM
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Not live in a dumpy apartment I suppose. Sick of living in dumps.

I want a nice apartment that I'm not ashamed of. Current one is embarrassing. And maybe I'd finally get a car.

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post #6 of 44 (permalink) Old 12-03-2018, 04:22 PM
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post #7 of 44 (permalink) Old 12-03-2018, 05:11 PM
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Honestly, I'd find somewhere cheap and quiet and live off it even if the living standard is pretty low. When you factor in the major extra difficulty caused by SA, improving that quality of life by working a job becomes very counterproductive as the job itself is a big detriment. Hell, the job-seeking process is a massive and immediate disincentive.
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post #8 of 44 (permalink) Old 12-03-2018, 09:37 PM
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I want to set up a nice porch with a nice herb garden and colorful flowers that don't die easily. Oh a a cool kitchen pls.
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post #9 of 44 (permalink) Old 12-03-2018, 11:30 PM
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Originally Posted by scarpia View Post
Where is the $1000 coming from? A money tree?
Good question. I'd guess it would cost about $4.8 Trillion dollars a year to fund everyone in the U.S. for 12 thousand a year. Currently, the U.S. lives on circular debt, enforcing the petrodollar and sustained by bonds. Just that the U.S. comparatively floats above all the others nations in the shared sea of debt. I guess the beleaguered minds of many are coming to be ok with it, no matter the closer risk of a hyperinflation collapse or wwIII.
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post #10 of 44 (permalink) Old 12-04-2018, 04:53 AM
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It wouldn't work. Most prices would eventually normalize and go up by $1000.
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post #11 of 44 (permalink) Old 12-04-2018, 06:03 AM
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Give me a break. How about we pay less in taxes for our hard work instead.
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post #12 of 44 (permalink) Old 12-04-2018, 06:40 AM Thread Starter
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I think most people would spend any extra cash they get. It could help the economy. How much would instantly go back to local and state governments as taxes? A lot.

Cash money is made out of cotton fiber paper, so our money doesn't grow on trees but bushes. Maybe they should use hemp fiber paper instead.

And I always thought this would be
the land of milk and honey
Oh but I came to find out that it's
all hate and money
And there's a canopy of greed holding me down.
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post #13 of 44 (permalink) Old 12-04-2018, 06:48 AM
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Save it, I'm a fairly good saver anyway, pay for something big & worthwhile in the future, I don't do much foolish spending, house, car, holiday etc.

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post #14 of 44 (permalink) Old 12-04-2018, 06:50 AM
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Universal Basic Income never made any sense to me. It would be like Obama care, marketed as everyone gets free Health care but reality is the poor can get some coverage and Middle class gets completely screwed over on their prices and coverage.

They already tax you 40% before you even get your income, about $26,000 was taken out of my income last year. Why don’t you just lower Taxes than? Universal Basic Income will come from taxes so basically you would take even more taxes from the middle class give that difference in money back to them through Universal Basic Income and give the poor money the government stool from the middle class. Great society work hard and get nowhere. On top of that the inflation from doing that would be ridiculous to the point $1000 would not even matter.
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post #15 of 44 (permalink) Old 12-04-2018, 06:54 AM
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I'd be less constrained by bills and it would free me up to pursue interests that would lead to me being a more productive member of society as opposed to an unmotivated wage slave.

We could probably afford it by manufacturing less empire building bombs and bullets to kill brown people who don't agree with American businesses raping their land.
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post #16 of 44 (permalink) Old 12-04-2018, 06:59 AM
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I would probably just never work. I really hate work.

What's wrong with running away from reality if it sucks?

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post #17 of 44 (permalink) Old 01-16-2019, 11:37 AM Thread Starter
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Andrew Yang is running for President on UBI.

Check out his website!


What is UBI?

In the next 12 years, 1 out of 3 American workers is at risk of losing their jobs to new technologies—and unlike with previous waves of automation, this time new jobs will not appear quickly enough in large enough numbers to make up for it. To avoid an unprecedented crisis, we’re going to have to find a new solution, unlike anything we’ve done before. It all begins with Universal Basic Income for all American adults, no strings attached – a foundation on which a stable, prosperous, and just society can be built.
What is Universal Basic Income (UBI)?

Universal Basic Income (UBI) is a form of social security that guarantees a certain amount of money to every citizen within a given governed population, without having to pass a test or fulfill a work requirement. Every Universal Basic Income plan can be different in terms of amount or design.
Andrew Yang is running for President as Democrat in 2020 on the platform of Universal Basic Income. The UBI he is proposing for the United States is a set of guaranteed payments of $1,000 per month, or $12,000 per year, to all U.S. citizens over the age of 18. Yes, that means you and everyone you know would get another $1,000/month every month from the U.S. government, no questions asked.

Why does Andrew Yang want to implement Universal Basic Income (UBI) in America?

Andrew Yang wants Universal Basic Income because we are experiencing the greatest technological shift the world has ever seen. By 2015, automation had already destroyed four million manufacturing jobs, and the smartest people in the world now predict that a third of all working Americans will lose their job to automation in the next 12 years. Our current policies are not equipped to handle this crisis. Even our most forward-thinking politicians are unprepared.
As technology improves, workers will be able to stop doing the most dangerous, repetitive, and boring jobs. This should excite us, but if Americans have no source of income—no ability to pay for groceries, buy homes, save for education, or start families with confidence—then the future could be very dark. Our labor participation rate now is only 62.7% – lower than it has been in decades, with 1 out of 5 working-age men currently out of the workforce. This will get much worse as self-driving cars and other technologies come online.
Andrew’s version of UBI—funded by a simple Value Added Tax—would guarantee that all Americans benefit from automation, not just big companies. UBI would provide money to cover the basics for Americans while enabling us to look for a better job, start our own business, go back to school, take care of our loved ones or work towards our next opportunity.
For more about why Andrew Yang believes so strongly in Universal Basic Income, read his book ‘The War on Normal People’ published by Hachette on April 3rd.

Who would get UBI in Andrew Yang’s plan?

Every U.S. citizen over the age of 18 would receive $1,000 a month, regardless of income or employment status, free and clear. No jumping through hoops. Yes, this means you and everyone you know would receive a check for $1,000 a month every month starting in January 2021.
What would you do with $1,000 a month on top of whatever you now make? Let’s find out.

How would we pay for Universal Basic Income?

It would be easier than you might think. Andrew proposes funding UBI by consolidating some welfare programs and implementing a Value-Added Tax (VAT) of 10%. Current welfare and social program beneficiaries would be given a choice between their current benefits or $1,000 cash unconditionally – most would prefer cash with no restriction.
A Value-Added Tax (VAT) is a tax on the production of goods or services a business produces. It is a fair tax and it makes it much harder for large corporations, who are experts at hiding profits and income, to avoid paying their fair share. A VAT is nothing new. 160 out of 193 countries in the world already have a Value-Added Tax or something similar, including all of Europe which has an average VAT of 20 percent.
The means to pay for a Universal Basic Income will come from 4 sources:
1. Current spending. We currently spend between $500 and $600 billion a year on welfare programs, food stamps, disability and the like. This reduces the cost of Universal Basic Income because people already receiving benefits would have a choice but would be ineligible to receive the full $1,000 in addition to current benefits.
2. A VAT. Our economy is now incredibly vast at $19 trillion, up $4 trillion in the last 10 years alone. A VAT at half the European level would generate $800 billion in new revenue. A VAT will become more and more important as technology improves because you cannot collect income tax from robots or software.
3. New revenue. Putting money into the hands of American consumers would grow the economy. The Roosevelt Institute projected that the economy would grow by approximately $2.5 trillion and create 4.6 million new jobs. This would generate approximately $500 – 600 billion in new revenue from economic growth and activity.
4. We currently spend over one trillion dollars on health care, incarceration, homelessness services and the like. We would save $100 – 200 billion as people would take better care of themselves and avoid the emergency room, jail, and the street and would generally be more functional. Universal Basic Income would pay for itself by helping people avoid our institutions, which is when our costs shoot up. Some studies have shown that $1 to a poor parent will result in as much as $7 in cost-savings and economic growth.

And I always thought this would be
the land of milk and honey
Oh but I came to find out that it's
all hate and money
And there's a canopy of greed holding me down.
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post #18 of 44 (permalink) Old 04-28-2019, 09:41 AM Thread Starter
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We need UBI like yesterday

And I always thought this would be
the land of milk and honey
Oh but I came to find out that it's
all hate and money
And there's a canopy of greed holding me down.
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post #19 of 44 (permalink) Old 04-28-2019, 10:00 AM
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actual ubi I'm pretty against. don't waste aid on people who don't need aid. but then already said some ppl would be ineligible so not really universal is it.

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post #20 of 44 (permalink) Old 04-29-2019, 09:41 AM
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It depends, if it is Andre Yang style UBI where you get set amount, but all social programs are gone, then a UBI is useless and does nothing to actually lift people out of poverty. It might even be anti union and work against actual workers' rights then, since instead of fighting for better work environments, it feeds into a sense of uselessness. If a UBI however, is competitive and fluid enough to be placed next to the job market on top of social programs and is supported by taxes, then it may actually push companies to be worker first and remain valuable enough for individuals to stick within the market. A UBI is meant to give enough financial security so that individuals can work on their passions and not just survival.

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