Elections $12,000! (Andrew Yang’s email list)

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Lucifer Alpha said:
Yang is a can.
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QualifiedArcticKob-max-1mb.gif


:D
 
Yang is da Mang!

Go get dem robots, boi!

Years from now, when AI controls us, we'll be asking

"Why...why didn't we listen....to Yang?! ...the....*cough*........mang. *dies from robot stuff*"
 
I'm not for socialism. I do feel like this kind of system is better than our current hand outs though.
 
I like how when people get politicians to buy their vote, they are dirty leftists asking for a hand out, but when Amazon or Boeing asks for a handout, that is just business.

The phrase cuck comes to mind.

Don't hate the player, hate the game.
 
I like the UBI concept. As someone once said, under communism people have money with nothing to buy. Under capitalism, there is plenty to buy, but too many of the people don't have the money.

UBI would help with the second problem, which is a nicer problem to have and easier to solve than the first problem. The world is going more and more to ultra low, or negative interest rates. This shows the drastic mismatch between savings versus people willing to invest. A few institutions sitting on giant stockpiles of cash that they can't invest. We cann still print money and throw it into the system, but inflation has been low despite massive amounts of money being printed because the money is hardly going anywhere. It's one thing to print a trillion dollars and have someone stuff it under their bed, than priniing a trillion and having people go out and spend it.

People thinking everyone is gonna quit work if they get UBI is a scare tactic. Yang has laid out how he's going to pay for it. Basically all the technological advancements that in theory should have alllowed peple to improve their lives but instead have just funnelled benefits to Bezos, Gates and a few others are going to be evened out more.
 
Tobacco said:
I like the UBI concept. As someone once said, under communism people have money with nothing to buy. Under capitalism, there is plenty to buy, but too many of the people don't have the money.

UBI would help with the second problem, which is a nicer problem to have and easier to solve than the first problem. The world is going more and more to ultra low, or negative interest rates. This shows the drastic mismatch between savings versus people willing to invest. A few institutions sitting on giant stockpiles of cash that they can't invest. We cann still print money and throw it into the system, but inflation has been low despite massive amounts of money being printed because the money is hardly going anywhere. It's one thing to print a trillion dollars and have someone stuff it under their bed, than priniing a trillion and having people go out and spend it.

People thinking everyone is gonna quit work if they get UBI is a scare tactic. Yang has laid out how he's going to pay for it. Basically all the technological advancements that in theory should have alllowed peple to improve their lives but instead have just funnelled benefits to Bezos, Gates and a few others are going to be evened out more.
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https://www.merriam-webster.com/dictionary/fascism
 
Tobacco said:
Yang has laid out how he's going to pay for it.
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Except his numbers don't possibly add up.

His UBI idea would pay out over 2.5 Trillion a year

The US government took in 3.3 trillion from personal income taxes, corporate taxes, tarrifs, and every other source combined. It's literally looking to increase the entirety spending of the government by 75%

He thinks magical 10% value added tax and budget cuts would cover it. It's like letting a 6 year old come up with his parents monthly budget to afford a new luxury car.
 
On topic, has he given out any of the money yet? Or is he still waiting to declare any winners so that more people join his email chain?

Lol if there's fine print of him only paying out if he wins the dem nomination
 
HockeyBjj said:
Except his numbers don't possibly add up.

His UBI idea would pay out over 2.5 Trillion a year

The US government took in 3.3 trillion from personal income taxes, corporate taxes, tarrifs, and every other source combined. It's literally looking to increase the entirety spending of the government by 75%

He thinks magical 10% value added tax and budget cuts would cover it. It's like letting a 6 year old come up with his parents monthly budget to afford a new luxury car.
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Yang is a mathematical genius. You don't get it. He will tax Amazon transactions, and spend less on the military, and have people re-nvest in the economy. Don't doubt his numbers, we don't need a ying to the Yang.
 
KeepItRealist said:
$1000 a month?

That would have been enough to live on before WW2 maybe.
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1000 a month would have been a fortune in WWII, dont be stupid.

Also, itd be tough to impossible to make that work in any major city now. But most rural areas? Itd be a boring but sustainable existence.
 
In my overly simplistic view any form of UBI will lead to inflation, and a small but significant number of people leaving the job market.
 
One thing about UBI that doesn't get discussed enough is that cost of living varies wildly depending on location. I could easily live on 1,000 a month if I took my current savings and moved out in the boonies. There are homes out there for less than 50,000 in rural Louisiana. However, try doing that anywhere in a mid sized or greater city if you don't already have your home paid for.
 
I like to call my investments my second wife. It's an additional income string that's grown and grown. Trust me that when it got to $12,000 a year, that was zero incentive to retire or try to live off of. I thnk it will be like that for most people except the very old who worrk horrible jobs, or some of the young who balance work with education.
 
LMAO are everyone in here saying 12k/yr is not enough to live off of. No shit. Yang himself said that. He expects it to be a starting point to soften the blow while we figure out what to do with millions of people losing jobs at the same time.

This plan will seem stupid until self driving cars become a reality. Once that tech is viable for business use literally millions of drivers will lose a career overnight. Retail giants like walmart are salivating at the thought of an automated transportation system to deliver shipments.

12/k yr is supplemental income meant to soften the blow. It's not supposed to be the only source of income for everyone.
 
HockeyBjj said:
On topic, has he given out any of the money yet? Or is he still waiting to declare any winners so that more people join his email chain?

Lol if there's fine print of him only paying out if he wins the dem nomination
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Money is flowing out. I met the family in New Hampshire receiving the $. It is really helping with their kid in college.

ToxicShocker said:
In my overly simplistic view any form of UBI will lead to inflation, and a small but significant number of people leaving the job market.
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No added money into the economy. Tech driving costs down. There will probably be a slight uptick in non essential items as those industries pass along the 10% vat.
Check this out if you have time.


Jkillah said:
One thing about UBI that doesn't get discussed enough is that cost of living varies wildly depending on location. I could easily live on 1,000 a month if I took my current savings and moved out in the boonies. There are homes out there for less than 50,000 in rural Louisiana. However, try doing that anywhere in a mid sized or greater city if you don't already have your home paid for.
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Lots of people moving to rural Louisiana to become ballers!
 
Cash Bill 52 said:
Money is flowing out. I met the family in New Hampshire receiving the $. It is really helping with their kid in college.
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That's when a single family gets something, like winning a 12,000 lottery or raffle. Of course that helps that family

When everyone gets a magic $12,000 that's called hyper inflation

And doesn't you meeting a prop family imply you're simply a shill?
 
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