[ARCHIVED THREAD] - Democratic presidential hopeful wants to give citizens $1,000 a month (Page 1 of 2)
Posted: 4/23/2018 4:39:38 PM EDT
Holy shit, these people are stupid. 
https://www.foxbusiness.com/politics/democratic-presidential-hopeful-wants-to-give-citizens-1000-a-month "A Democratic presidential hopeful for the 2020 presidency is proposing $1,000 a month for all for all citizens between the ages of 18 and 64 as part of a universal basic income program. Andrew Yang, an American entrepreneur and the founder of Venture for America, said the spending proposal would cost the U.S. Treasury an estimated $2 trillion a year. The size of our economy is now $19 trillion a year. Its grown by $4 trillion in the last 10 years alone. We can easily afford $1,000 a month per citizen, he told FOX Business Stuart Varney on Monday." |
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It will have to be more than that. How will you pay for those without jobs? Quoted:
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Hers the trick. Anyone who has a job will receive a $1000/month payroll tax increase. |
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Similar concept to whats been posted here :
https://www.ar15.com/forums/general/Finland-s-Basic-Income-experiment-Finished/5-2104130/ |
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If they cancelled every other assistance program, and applied it as a negative income tax for citizens only, we'd probably come out ahead. It wouldn't solve any problems either, but at least we'd be spending less. But they'd never do that. ZERO .gov benefits across the board. $1k per month. Use it on what you want. Broke come time to pay a bill or medical expense? Tough shit. Make payments out of the $1k. This would force accountability on people like no other. |
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Im ok with it. It will be a good economic lesson for all involved. I think this is a dupe, too.  Humanity First | Andrew Yang for President eta: @ 1:50 he says the $1k/month will come from largest companies that make profits off automation. |
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The guy is a freekin genius. "We need it because truck driving is the most common job in 29 states right now in the U.S. and we all know that trucks will start driving themselves in the next five to 10 years, Yang said. Retail is the second-biggest job category in the United States and 30% of malls are going to close." |
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Was thinking this. ZERO .gov benefits across the board. $1k per month. Use it on what you want. Broke come time to pay a bill or medical expense? Tough shit. Make payments out of the $1k. This would force accountability on people like no other. Quoted:
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If they cancelled every other assistance program, and applied it as a negative income tax for citizens only, we'd probably come out ahead. It wouldn't solve any problems either, but at least we'd be spending less. But they'd never do that. ZERO .gov benefits across the board. $1k per month. Use it on what you want. Broke come time to pay a bill or medical expense? Tough shit. Make payments out of the $1k. This would force accountability on people like no other. If you think you're going to get the same amount as a single mom with 4 kids, you're crazy. |
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Was thinking this. ZERO .gov benefits across the board. $1k per month. Use it on what you want. Broke come time to pay a bill or medical expense? Tough shit. Make payments out of the $1k. This would force accountability on people like no other. The reason people are poor is not due to not having any money. Learn that, and silly ideas like that one won't rattle around in your brain. |
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No it wouldn't. The reason people are poor is not due to not having any money. Learn that, and silly ideas like that one won't rattle around in your brain. |
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“It’s common sense where if you gave $1,000 to American consumers, they would spend it in their local economy in Main Street businesses every day,” he said. 
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Wow! I wonder who they got to pay for that??! |
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365,000,000 citizens at $1k a mo = 365,000,000,000 a month? Yeah, our grandchildren's grandchildren can't pay what we owe already yet alone this additional burden. |
I love the abandoned factories he shows. The ones whose occupants they drove out of the country. Apparently, he thinks that if your job gets replaced by automation, you're entitled to get paid for doing nothing. I sure picked the wrong job. I fix robots. 
Humanity First | Andrew Yang for President |
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IM IN!!!!!!
Give me that money Of course my taxes will go up 20 percent but I am ok with that because I will gain 1% a month of free money.... They will have to come up with a $50,000 dollar bill. Obamas face can be on it. Lets make it $4000 a month That way we can afford better food How dare he want to give me a little bit of money. That aint goin to buy me shit. Greedy fucking people only want to give me 1000 a month. |