Thoughts on Andrew Yang's UBI proposal
There are some people calling the UBI idea an extreme right wing trojan horse. The ultimate move to break down our social safety nets so that once and for all chaos can reign supreme.
What is also very funny about this, is that my right leaning friends say that UBI is the most socialist idea they've ever heard, and that it would never work.
Truth is that UBI is not exclusive to any political spectrum, and it's implementation is just as important as the core idea behind it.
As always, do your own research on the matter, but these are my current thoughts on how it actually makes sense to me.
MenO
I am disabled and on SSDI (disability insurance) I would love to work but my situation doesn’t allow. I get a a pathetically small government check. It’s hard to scrape by, but my parents are awesome and help a lot. I also have a significant savings (from years of work) was which allows me to invest in Steem and such. I’m one of the fortunate ones. Many of my disabled friends don’t have anything really. So, a UBI would be wonderful- but I don’t know how realistic it is...
Also, too many people take advantage of the system, ruining things for most of us who need it!
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I think UBI is just a flawed term. Change the word income to opportunity, and people don't bat an eye. Alaska has UBO already , in the form of a dividend.
UBO can work very well, we have a form of it in Steem, if you work hard , everyone has equal opportunity to make something out of nothing.
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
I've been a big fan of Yang and i'm glad he's getting a bit more recognition now. I'm starting to see technology replace mid-level managers in white collar jobs so that 'freedom dividend' is going to be very important for a large section of the population.