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RE: Thoughts on Andrew Yang's UBI proposal
Yang himself will tell you it isn't his idea. He is just rehashing it because it makes sense to do so. I have believed since Reagan popularized Trickle Down Economics that it could never work and only the opposite approach would have the desired effect. That opposite is UBI. It works because poor people spend money and dont save it. It will be injected immediately into the economy and benefit everyone. The opposite only injects 13 cents per dollar and even less after you adjust for inflation. It doesn't make sense. UBI does make sense
you are obviously either a socialist marxist that wants Venezuela to happen here in America... OR... you are a right wing neo-con trying to privatize everything and leave people on the streets with nothing...
I just can't decide....
hahahha
I'm neither. I'm a trained economist and just saying that UBI will achieve the desired effect of Trickle Down Economics. Reaganomics was a lie and it has been proven over and over in paper after paper that it cannot work. It nothing more than a way to steal wealth. UBI will stimulate and economy and cost practically nothing. Socialism does not work, Venezuela has been a CIA debacle since the plans to assassinate Chavez and privatization is a ridiculus concept. I have no idea how you got your opinion of me based on my answer.
I'm being silly my friend... I'm just being facetious for a second. Since I've been accused of being both for having an nuanced pro position on the matter as yourself. I was giving you a small taste of the twitter discussions.
I hear you. It's tough to tell sometimes through text. My position is that Ive never surrendered my mind to a political party. The economics of a plan either works or it doesnt. The Republicans always have a plan that cannot work under any circumstance and it ultimately leads to a recession if not tweaked. Politics and government are a bad mix in my opinion lol