Tulsi: We Now Need Universal Income

[there4eyeM]

Banks are getting help.

 

[Ray From Cleveland]

Multiple lawmakers have proposed economic stimulus packages and universal basic income programs as the coronavirus begins to take a larger toll on the American economy.

On Friday, Rep. Tulsi Gabbard (D-Hawaii), a 2020 presidential candidate, introduced a resolution that would provide an income of $1,000 a month to every American “until COVID-19 no longer presents a public health emergency.”

In an effort to stop the spread of the virus, the U.S. has imposed travel bans on several countries hardest-hit by the pandemic, and dozens of large events and conferences have been canceled or postponed.

Lawmakers call for universal basic income amid coronavirus crisis

As Democrats use this unfortunate situation to promote their political agenda, and attempt to create more government dependents, Universal Income is now being thrown out there. $1,000 a month to every American? Does that include children? How would handing every American a thousand bucks a month help with COVID 19?

I'm sure most people cannot quit their job or stay home from work getting $1,000 a month, so what exactly is this money, handed out by the federal government now 23 trillion dollars in debt, supposed to do for the people? Who declares when this public health emergency has ended?

I've talked about UI before, but only in light of replacing all social programs, which in the long run would save the government money. But to pass out money like candy at Halloween is just a ridiculous idea. But as the Democrats believe, never let a good crisis go to waste.

Tulsi looks good in a bikini but shes an airhead

I don't think she's an airhead, I do disagree with her politics though. She's only staying in the race to antagonize the others.

I think Tulsi is still in it cuz she thinks Biden's health may fail or he might be indicted at some point so she might be the one left standing who is not a socialist. Or maybe she gets the nod to be on the Dem ticket as the VP.

I think if Biden is nominated, he'll have to pick a woman, but a woman of color. I would bet on Harris or somebody like that.

 

[Ray From Cleveland]

If everyone is guaranteed the same income whether they work or not and whether they are a brain surgeon or a trash collector, why would anyone work?

I don't think it could replace an income unless you work at Walmart stocking shelves. But I always found it an interesting concept if we removed all social programs and replaced it with UI. It would solve so many problems in this country, and this coming from a conservative.

How would it solve them?

I presented a few of them in post 29.

 

[Fort Fun Indiana]

Time for Michelle Obama to put her money where her mouth is and give the next four years to the general good by running as his VP.

 

[there4eyeM]

This income idea has interesting facets, but it has somehow escaped fully convincing me.
I have another, very different economic concept that I've never seen economists discuss. From my own understanding (and, technically, it is true I have taught university level economics in Paris), it is a viable system that creates enormous wealth for middle and under population segments without touching the money supply. It would be an essentially non-government program more like a bank or credit institution. Another attribute is that it would entwine the value of life with buying power, thus being a constant societal reminder of what value is based upon. It would establish a direct business link between the rich and the poor.
No one (of the rare people) I've tried to explain this too has quite understood. Apparently, more attention will have to be given to clear and simple description.

 

[Mac-7]

Multiple lawmakers have proposed economic stimulus packages and universal basic income programs as the coronavirus begins to take a larger toll on the American economy.

On Friday, Rep. Tulsi Gabbard (D-Hawaii), a 2020 presidential candidate, introduced a resolution that would provide an income of $1,000 a month to every American “until COVID-19 no longer presents a public health emergency.”

In an effort to stop the spread of the virus, the U.S. has imposed travel bans on several countries hardest-hit by the pandemic, and dozens of large events and conferences have been canceled or postponed.

Lawmakers call for universal basic income amid coronavirus crisis

As Democrats use this unfortunate situation to promote their political agenda, and attempt to create more government dependents, Universal Income is now being thrown out there. $1,000 a month to every American? Does that include children? How would handing every American a thousand bucks a month help with COVID 19?

I'm sure most people cannot quit their job or stay home from work getting $1,000 a month, so what exactly is this money, handed out by the federal government now 23 trillion dollars in debt, supposed to do for the people? Who declares when this public health emergency has ended?

I've talked about UI before, but only in light of replacing all social programs, which in the long run would save the government money. But to pass out money like candy at Halloween is just a ridiculous idea. But as the Democrats believe, never let a good crisis go to waste.

Tulsi looks good in a bikini but shes an airhead

I don't think she's an airhead, I do disagree with her politics though. She's only staying in the race to antagonize the others.

I think she’s smarter than any of the other females who ran for president

but I cant take any socialist seriously

 

[Ray From Cleveland]

This income idea has interesting facets, but it has somehow escaped fully convincing me.
I have another, very different economic concept that I've never seen economists discuss. From my own understanding (and, technically, it is true I have taught university level economics in Paris), it is a viable system that creates enormous wealth for middle and under population segments without touching the money supply. It would be an essentially non-government program more like a bank or credit institution. Another attribute is that it would entwine the value of life with buying power, thus being a constant societal reminder of what value is based upon. It would establish a direct business link between the rich and the poor.
No one (of the rare people) I've tried to explain this too has quite understood. Apparently, more attention will have to be given to clear and simple description.

What would really help is some mandatory financial education at grade school levels. Ask your average high school graduate what they know about the stock market, small business, investing in real estate, you will likely be met with a blank look.

This is especially significant with lower income kids, who think their only path to financial success is if they are really good at sports or writing rap songs. If they don't have that talent, they resort to criminal activity. Most of them don't have a parent(s) to teach them about this kind of stuff like middle-class and upper class children do. Plus the apple usually falls next to the tree.

 

[Billiejeens]

If everyone is guaranteed the same income whether they work or not and whether they are a brain surgeon or a trash collector, why would anyone work?

I don't think it could replace an income unless you work at Walmart stocking shelves. But I always found it an interesting concept if we removed all social programs and replaced it with UI. It would solve so many problems in this country, and this coming from a conservative.

How would it solve them?

I presented a few of them in post 29.

Yeah
No.

The reason these people have no money is they cant handle spending wisely.
Just more money to throw away won't help.

 

[Billiejeens]

This income idea has interesting facets, but it has somehow escaped fully convincing me.
I have another, very different economic concept that I've never seen economists discuss. From my own understanding (and, technically, it is true I have taught university level economics in Paris), it is a viable system that creates enormous wealth for middle and under population segments without touching the money supply. It would be an essentially non-government program more like a bank or credit institution. Another attribute is that it would entwine the value of life with buying power, thus being a constant societal reminder of what value is based upon. It would establish a direct business link between the rich and the poor.
No one (of the rare people) I've tried to explain this too has quite understood. Apparently, more attention will have to be given to clear and simple description.

Give it a shot

 

[Mac-7]

Multiple lawmakers have proposed economic stimulus packages and universal basic income programs as the coronavirus begins to take a larger toll on the American economy.

On Friday, Rep. Tulsi Gabbard (D-Hawaii), a 2020 presidential candidate, introduced a resolution that would provide an income of $1,000 a month to every American “until COVID-19 no longer presents a public health emergency.”

In an effort to stop the spread of the virus, the U.S. has imposed travel bans on several countries hardest-hit by the pandemic, and dozens of large events and conferences have been canceled or postponed.

Lawmakers call for universal basic income amid coronavirus crisis

As Democrats use this unfortunate situation to promote their political agenda, and attempt to create more government dependents, Universal Income is now being thrown out there. $1,000 a month to every American? Does that include children? How would handing every American a thousand bucks a month help with COVID 19?

I'm sure most people cannot quit their job or stay home from work getting $1,000 a month, so what exactly is this money, handed out by the federal government now 23 trillion dollars in debt, supposed to do for the people? Who declares when this public health emergency has ended?

I've talked about UI before, but only in light of replacing all social programs, which in the long run would save the government money. But to pass out money like candy at Halloween is just a ridiculous idea. But as the Democrats believe, never let a good crisis go to waste.

Tulsi looks good in a bikini but shes an airhead

I don't think she's an airhead, I do disagree with her politics though. She's only staying in the race to antagonize the others.

I think Tulsi is still in it cuz she thinks Biden's health may fail or he might be indicted at some point so she might be the one left standing who is not a socialist. Or maybe she gets the nod to be on the Dem ticket as the VP.

I think if Biden is nominated, he'll have to pick a woman, but a woman of color. I would bet on Harris or somebody like that.

Barbara Jordan was the last intelligent black woman in the democrat party

and she died a long time ago

 

[Billiejeens]

Time for Michelle Obama to put her money where her mouth is and give the next four years to the general good by running as his VP.

Literally no chance

 

[Ray From Cleveland]

If everyone is guaranteed the same income whether they work or not and whether they are a brain surgeon or a trash collector, why would anyone work?

I don't think it could replace an income unless you work at Walmart stocking shelves. But I always found it an interesting concept if we removed all social programs and replaced it with UI. It would solve so many problems in this country, and this coming from a conservative.

How would it solve them?

I presented a few of them in post 29.

Yeah
No.

The reason these people have no money is they cant handle spending wisely.
Just more money to throw away won't help.

I think it can. Our social programs prevent people from making money to stay on the dole. Without such limitations, people might be more inspired to make money.

 

[Ray From Cleveland]

Multiple lawmakers have proposed economic stimulus packages and universal basic income programs as the coronavirus begins to take a larger toll on the American economy.

On Friday, Rep. Tulsi Gabbard (D-Hawaii), a 2020 presidential candidate, introduced a resolution that would provide an income of $1,000 a month to every American “until COVID-19 no longer presents a public health emergency.”

In an effort to stop the spread of the virus, the U.S. has imposed travel bans on several countries hardest-hit by the pandemic, and dozens of large events and conferences have been canceled or postponed.

Lawmakers call for universal basic income amid coronavirus crisis

As Democrats use this unfortunate situation to promote their political agenda, and attempt to create more government dependents, Universal Income is now being thrown out there. $1,000 a month to every American? Does that include children? How would handing every American a thousand bucks a month help with COVID 19?

I'm sure most people cannot quit their job or stay home from work getting $1,000 a month, so what exactly is this money, handed out by the federal government now 23 trillion dollars in debt, supposed to do for the people? Who declares when this public health emergency has ended?

I've talked about UI before, but only in light of replacing all social programs, which in the long run would save the government money. But to pass out money like candy at Halloween is just a ridiculous idea. But as the Democrats believe, never let a good crisis go to waste.

Tulsi looks good in a bikini but shes an airhead

I don't think she's an airhead, I do disagree with her politics though. She's only staying in the race to antagonize the others.

I think Tulsi is still in it cuz she thinks Biden's health may fail or he might be indicted at some point so she might be the one left standing who is not a socialist. Or maybe she gets the nod to be on the Dem ticket as the VP.

I think if Biden is nominated, he'll have to pick a woman, but a woman of color. I would bet on Harris or somebody like that.

Barbara Jordan was the last intelligent black woman in the democrat party

and she died a long time ago

Harris can't be too dumb. She was a district attorney if I'm remembering correctly.

 

[Fort Fun Indiana]

Time for Michelle Obama to put her money where her mouth is and give the next four years to the general good by running as his VP.

Literally no chance

Yeah, probably 0% give or take 0%.

 

[Billiejeens]

If everyone is guaranteed the same income whether they work or not and whether they are a brain surgeon or a trash collector, why would anyone work?

I don't think it could replace an income unless you work at Walmart stocking shelves. But I always found it an interesting concept if we removed all social programs and replaced it with UI. It would solve so many problems in this country, and this coming from a conservative.

How would it solve them?

I presented a few of them in post 29.

Yeah
No.

The reason these people have no money is they cant handle spending wisely.
Just more money to throw away won't help.

I think it can. Our social programs prevent people from making money to stay on the dole. Without such limitations, people might be more inspired to make money.

In a perfect world, maybe.
With no net, we will have to step over dead bodies to get home each day, because there will still be life's losers
While I would be fine with that,
The fucking progressives simply would lose their minds.
Need real world solutions.

 

[Billiejeens]

Tulsi looks good in a bikini but shes an airhead

I don't think she's an airhead, I do disagree with her politics though. She's only staying in the race to antagonize the others.

I think Tulsi is still in it cuz she thinks Biden's health may fail or he might be indicted at some point so she might be the one left standing who is not a socialist. Or maybe she gets the nod to be on the Dem ticket as the VP.

I think if Biden is nominated, he'll have to pick a woman, but a woman of color. I would bet on Harris or somebody like that.

Barbara Jordan was the last intelligent black woman in the democrat party

and she died a long time ago

Harris can't be too dumb. She was a district attorney if I'm remembering correctly.

Smart enough to screw the right people.

 

[Mac-7]

Tulsi looks good in a bikini but shes an airhead

I don't think she's an airhead, I do disagree with her politics though. She's only staying in the race to antagonize the others.

I think Tulsi is still in it cuz she thinks Biden's health may fail or he might be indicted at some point so she might be the one left standing who is not a socialist. Or maybe she gets the nod to be on the Dem ticket as the VP.

I think if Biden is nominated, he'll have to pick a woman, but a woman of color. I would bet on Harris or somebody like that.

Barbara Jordan was the last intelligent black woman in the democrat party

and she died a long time ago

Harris can't be too dumb. She was a district attorney if I'm remembering correctly.

That doesent necessarily make her smart

 

[daveman]

Multiple lawmakers have proposed economic stimulus packages and universal basic income programs as the coronavirus begins to take a larger toll on the American economy.

On Friday, Rep. Tulsi Gabbard (D-Hawaii), a 2020 presidential candidate, introduced a resolution that would provide an income of $1,000 a month to every American “until COVID-19 no longer presents a public health emergency.”

In an effort to stop the spread of the virus, the U.S. has imposed travel bans on several countries hardest-hit by the pandemic, and dozens of large events and conferences have been canceled or postponed.

Lawmakers call for universal basic income amid coronavirus crisis

As Democrats use this unfortunate situation to promote their political agenda, and attempt to create more government dependents, Universal Income is now being thrown out there. $1,000 a month to every American? Does that include children? How would handing every American a thousand bucks a month help with COVID 19?

I'm sure most people cannot quit their job or stay home from work getting $1,000 a month, so what exactly is this money, handed out by the federal government now 23 trillion dollars in debt, supposed to do for the people? Who declares when this public health emergency has ended?

I've talked about UI before, but only in light of replacing all social programs, which in the long run would save the government money. But to pass out money like candy at Halloween is just a ridiculous idea. But as the Democrats believe, never let a good crisis go to waste.

You'll never be President, Gabbard. Stop trying to buy votes with other people's money.

 

[task0778]

This income idea has interesting facets, but it has somehow escaped fully convincing me.
I have another, very different economic concept that I've never seen economists discuss. From my own understanding (and, technically, it is true I have taught university level economics in Paris), it is a viable system that creates enormous wealth for middle and under population segments without touching the money supply. It would be an essentially non-government program more like a bank or credit institution. Another attribute is that it would entwine the value of life with buying power, thus being a constant societal reminder of what value is based upon. It would establish a direct business link between the rich and the poor.
No one (of the rare people) I've tried to explain this too has quite understood. Apparently, more attention will have to be given to clear and simple description.

I am struggling big time trying to see your side of the issue. How is it viable to give out $200 - $300 billion dollars every month? That's the idea, right? Do you believe the debt can be run up by that much that fast and monetize it all? And it's from the gov't directly or indirectly, how is that not a gov't program? Without touching the money supply, are you sure? It's gotta show up somewhere on the gov'ts balance sheet. It ain't hard currency, but it's gotta be driving up inflation. And banks and credit unions don't give out money without a debt to be paid back plus interest, did I miss that part?

Entwine the value of life with buying power, that is pure rubbish IMHO. The value of life has absolutely NOTHING to do with the value of anyone's life. The richest person's life has no more value than the poorest. Pretty rich coming from people that support abortion right to birth and even sometimes after. A direct business link between rich and poor? And you taught economics at a university level?

What you and Tulsi are talking about is redistribution of wealth, pure and simple. Temporary, she says. But you're talking permanently I think.

 

[Ray From Cleveland]

This income idea has interesting facets, but it has somehow escaped fully convincing me.
I have another, very different economic concept that I've never seen economists discuss. From my own understanding (and, technically, it is true I have taught university level economics in Paris), it is a viable system that creates enormous wealth for middle and under population segments without touching the money supply. It would be an essentially non-government program more like a bank or credit institution. Another attribute is that it would entwine the value of life with buying power, thus being a constant societal reminder of what value is based upon. It would establish a direct business link between the rich and the poor.
No one (of the rare people) I've tried to explain this too has quite understood. Apparently, more attention will have to be given to clear and simple description.

I am struggling big time trying to see your side of the issue. How is it viable to give out $200 - $300 billion dollars every month? That's the idea, right? Do you believe the debt can be run up by that much that fast and monetize it all? And it's from the gov't directly or indirectly, how is that not a gov't program? Without touching the money supply, are you sure? It's gotta show up somewhere on the gov'ts balance sheet. It ain't hard currency, but it's gotta be driving up inflation. And banks and credit unions don't give out money without a debt to be paid back plus interest, did I miss that part?

Entwine the value of life with buying power, that is pure rubbish IMHO. The value of life has absolutely NOTHING to do with the value of anyone's life. The richest person's life has no more value than the poorest. Pretty rich coming from people that support abortion right to birth and even sometimes after. A direct business link between rich and poor? And you taught economics at a university level?

What you and Tulsi are talking about is redistribution of wealth, pure and simple. Temporary, she says. But you're talking permanently I think.

From the OP:

But some members say a universal basic income is needed to prevent lasting economic damage.

“The coronavirus pandemic has created a threat to the health and well-being of the American people, as well as to our country’s economic stability,” Gabbard said in a statement. “While some in Washington are focused on taking care of Wall Street, everyday Americans get left behind. That’s wrong. … Taking care of all Americans will stimulate our economy during this downturn.”

Economist Nouriel Roubini backed the idea in a tweet Friday, suggesting that it be financed with bonds and monetized by the Federal Reserve.

Now I don't know what he means by financed with bonds and monetized by the federal reserve, but this is what the economist is suggesting.