President Andrew Yang

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DBTrek
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Re: President Andrew Yang

Post by DBTrek » Thu Mar 21, 2019 10:08 pm

UBI is a stupid idea, period.

EVERYONE starting out with $0 and working for more money is the same as EVERYONE starting with $5,000,000 and working for more.
A fast food burger is, what, like $1.49? If everyone gets $5mil, it'll be $1.49 PLUS the cost inflation of EVERYONE starting at $5mil instead of zero.

How is this not clear to people?
Or better yet . . . how come no one calls bullshit on these cities and nations that "test" UBI by giving money to a sample set of 500 people? The 'U' in UBI stands for UNIVERSAL, dummies. If you aren't "testing" it out on EVERYONE then you aren't testing UBI. You're testing giving a few hundred people more money. Derp.

Everyone knows when you give a few hundred people more money, then those few hundred have more buying power. When you give EVERYONE the same amount of money, prices will simply adjust to everyone's new economic starting point of $X instead of $0.

:doh:
"Hey varmints, don't mess with a guy that's riding a buffalo"

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StCapps
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Re: President Andrew Yang

Post by StCapps » Thu Mar 21, 2019 10:15 pm

DBTrek wrote:
Thu Mar 21, 2019 10:08 pm
UBI is a stupid idea, period.

EVERYONE starting out with $0 and working for more money is the same as EVERYONE starting with $5,000,000 and working for more.
A fast food burger is, what, like $1.49? If everyone gets $5mil, it'll be $1.49 PLUS the cost inflation of EVERYONE starting at $5mil instead of zero.

How is this not clear to people?
Or better yet . . . how come no one calls bullshit on these cities and nations that "test" UBI by giving money to a sample set of 500 people? The 'U' in UBI stands for UNIVERSAL, dummies. If you aren't "testing" it out on EVERYONE then you aren't testing UBI. You're testing giving a few hundred people more money. Derp.

Everyone knows when you give a few hundred people more money, then those few hundred have more buying power. When you give EVERYONE the same amount of money, prices will simply adjust to everyone's new economic starting point of $X instead of $0.

:doh:
And that new economic starting point, results in more spending, which drives economic growth. Can't spend $0.

Stimulus for only the banks does not work as well as stimulus for all, freedom dividend ftw.
Last edited by StCapps on Thu Mar 21, 2019 10:16 pm, edited 1 time in total.
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Smitty-48
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Re: President Andrew Yang

Post by Smitty-48 » Thu Mar 21, 2019 10:15 pm

Get dat blang, Dukenogs.

Everybody else be getting the blang, why not you, Whitey?
Nec Aspera Terrent

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StCapps
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Re: President Andrew Yang

Post by StCapps » Thu Mar 21, 2019 10:17 pm

Negative Income Tax, is simply another form of UBI, if you want to do it that way instead, I'm down, and so is Milton Friedman.
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Smitty-48
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Re: President Andrew Yang

Post by Smitty-48 » Thu Mar 21, 2019 10:27 pm

StCapps wrote:
Thu Mar 21, 2019 10:17 pm
Negative Income Tax, is simply another form of UBI, if you want to do it that way instead, I'm down, and so is Milton Friedman.
Exactly.

Get dat blang.

Milton Friedman, yo.
Nec Aspera Terrent

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StCapps
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Re: President Andrew Yang

Post by StCapps » Thu Mar 21, 2019 10:39 pm

Even your boy Thomas Sowell is for a Negative Income Tax. Wise up, DBTrek.


Get Dat Blang. Secure The Bag.
Last edited by StCapps on Thu Mar 21, 2019 10:41 pm, edited 1 time in total.
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DBTrek
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Re: President Andrew Yang

Post by DBTrek » Thu Mar 21, 2019 10:41 pm

StCapps wrote:
Thu Mar 21, 2019 10:15 pm
DBTrek wrote:
Thu Mar 21, 2019 10:08 pm
UBI is a stupid idea, period.

EVERYONE starting out with $0 and working for more money is the same as EVERYONE starting with $5,000,000 and working for more.
A fast food burger is, what, like $1.49? If everyone gets $5mil, it'll be $1.49 PLUS the cost inflation of EVERYONE starting at $5mil instead of zero.

How is this not clear to people?
Or better yet . . . how come no one calls bullshit on these cities and nations that "test" UBI by giving money to a sample set of 500 people? The 'U' in UBI stands for UNIVERSAL, dummies. If you aren't "testing" it out on EVERYONE then you aren't testing UBI. You're testing giving a few hundred people more money. Derp.

Everyone knows when you give a few hundred people more money, then those few hundred have more buying power. When you give EVERYONE the same amount of money, prices will simply adjust to everyone's new economic starting point of $X instead of $0.

:doh:
And that new economic starting point, results in more spending, which drives economic growth. Can't spend $0.

Stimulus for only the banks does not work as well as stimulus for all, freedom dividend ftw.
Whether you buy a burger for $1.49, or for an adjusted $10,241.79 for it (because everyone starts with $5mil) is irrelevant. You still bought one burger. Using a wheelbarrow full of money to pay for it hasn't driven any more spending.
"Hey varmints, don't mess with a guy that's riding a buffalo"

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StCapps
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Re: President Andrew Yang

Post by StCapps » Thu Mar 21, 2019 10:41 pm

DBTrek wrote:
Thu Mar 21, 2019 10:41 pm
StCapps wrote:
Thu Mar 21, 2019 10:15 pm
DBTrek wrote:
Thu Mar 21, 2019 10:08 pm
UBI is a stupid idea, period.

EVERYONE starting out with $0 and working for more money is the same as EVERYONE starting with $5,000,000 and working for more.
A fast food burger is, what, like $1.49? If everyone gets $5mil, it'll be $1.49 PLUS the cost inflation of EVERYONE starting at $5mil instead of zero.

How is this not clear to people?
Or better yet . . . how come no one calls bullshit on these cities and nations that "test" UBI by giving money to a sample set of 500 people? The 'U' in UBI stands for UNIVERSAL, dummies. If you aren't "testing" it out on EVERYONE then you aren't testing UBI. You're testing giving a few hundred people more money. Derp.

Everyone knows when you give a few hundred people more money, then those few hundred have more buying power. When you give EVERYONE the same amount of money, prices will simply adjust to everyone's new economic starting point of $X instead of $0.

:doh:
And that new economic starting point, results in more spending, which drives economic growth. Can't spend $0.

Stimulus for only the banks does not work as well as stimulus for all, freedom dividend ftw.
Whether you buy a burger for $1.49, or for an adjusted $10,241.79 for it (because everyone starts with $5mil) is irrelevant. You still bought one burger. Using a wheelbarrow full of money to pay for it hasn't driven any more spending.
Your boy, Thomas Sowell disagrees. See above video.
Last edited by StCapps on Thu Mar 21, 2019 10:42 pm, edited 1 time in total.
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DBTrek
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Re: President Andrew Yang

Post by DBTrek » Thu Mar 21, 2019 10:41 pm

StCapps wrote:
Thu Mar 21, 2019 10:39 pm
Even your boy Thomas Sowell is for a Negative Income Tax. Wise up, DBTrek.


Get Dat Blang. Secure The Bag.
Negative income tax isn't UBI.
You and the trust funder wise up, and stay in your lanes.
"Hey varmints, don't mess with a guy that's riding a buffalo"

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StCapps
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Location: Hamilton, Ontario

Re: President Andrew Yang

Post by StCapps » Thu Mar 21, 2019 10:43 pm

DBTrek wrote:
Thu Mar 21, 2019 10:41 pm
StCapps wrote:
Thu Mar 21, 2019 10:39 pm
Even your boy Thomas Sowell is for a Negative Income Tax. Wise up, DBTrek.


Get Dat Blang. Secure The Bag.
Negative income tax isn't UBI.
You and the trust funder wise up, and stay in your lanes.
It's the same thing, faggot. Same concept, slightly different implementation, your hair splitting aside.
Last edited by StCapps on Thu Mar 21, 2019 10:44 pm, edited 1 time in total.
*yip*