Universal Basic Income: Biden's Best Bet?

[Orangecat]

Capitalism creates a natural rate of unemployment due to its inefficiency.

Nope, capitalism is a system that creates jobs, alleviating the natural state of unemployment that exists without capitalism. It does, however, have the added bonus of rewarding the intelligent and ambitious while ignoring the lazy and feeble. That's the real reason you dislike it so.

There us no unemployment under more Perfect Capitalism only underpayment.

There's no such thing as "more perfect capitalism" as it is neither perfect nor imperfect. It's just free people voluntarily interacting with capital.

Yes, it is inefficient Capitalism's fault.

Sorry, but your personal failures are not the fault of capitalism, the're your own fault.

A positive multiplier of two or more is all that is required under our Commerce Clause for capitalism purposes.

More gibberish. You use words and communicate nothing. That's not capitalism, it's a poor education.

 

[danielpalos]

Nope, capitalism is a system that creates jobs, alleviating the natural state of unemployment that exists without capitalism. It does, however, have the added bonus of rewarding the intelligent and ambitious while ignoring the lazy and feeble. That's why you dislike it so.

Natural rate of unemployment - Wikipedia

en.wikipedia.org

Nobody takes right wingers seriously about economics.

 

[Toddsterpatriot]

Capitalism creates a natural rate of unemployment due to its inefficiency.

You sitting on the couch in your mom's basement for the last 10 years is not due to the inefficiency of capitalism.

A positive multiplier of two or more is all that is required under our Commerce Clause for capitalism purposes.

Taking money from the productive to hand it to the couch surfing community would be a negative multiplier.

 

[danielpalos]

There is no unemployment under Capitalism, only underpayment. The proof is, anyone "can be bought" under Capitalism.

 

[Orangecat]

Nobody takes right wingers seriously about economics.

By that measure, you're a right winger.

 

[danielpalos]

Taking money from the productive to hand it to the couch surfing community would be a negative multiplier.

Only if they don't circulate it; the Poor tend to circulate most of their income sooner rather than later. This has to do with monetary policy not fiscal policy.

 

[Toddsterpatriot]

Do you honestly believe libraries, cable tv, cell phones, and the internet would not exist without billionaires?

What are the Trabant equivalents of cable TV, cell phones and the internet?

There would be a 10 year waiting list, your cell phone would cost you $1000 a month for 100 minutes and your internet would use your TRS-80 and a 16K connection for an hour a day.
Your cable would have 3 channels for 12 hours a day. And they'd all be RT.

 

[bripat9643]

Do you honestly believe libraries, cable tv, cell phones, and the internet would not exist without billionaires?

What are the Trabant equivalents of cable TV, cell phones and the internet?

There would be a 10 year waiting list, your cell phone would cost you $1000 a month for 100 minutes and your internet would use your TRS-80 and a 16K connection for an hour a day.
Your cable would have 3 channels for 12 hours a day. And they'd all be RT.

In the former USSR, color TVs would blow up on a regular basis.

 

[Dick Foster]

Almost everyone's aware of Alaska's Permanent Fund:

"...The program began in 1976 after the discovery of oil on Alaska’s North Slope.

"The then-governor, a renegade Republican named Jay Hammond, concluded that this windfall was too good to just give to the oil companies.

"So he devised the program to share the revenue with Alaska residents...."

"OK, here’s the idea for President-elect Biden:

"Bring 20 of the Trumpiest-looking Alaskans to a press conference.

"Unveil a plan whereby every man, woman, and child gets a $1,000 check every month from the government.

"Finance it with taxes on large wealth, fossil fuels, financial transactions, and intellectual property resulting from taxpayer-funded public research.

"Invite the Alaskans to describe the joy of getting their checks: no middleman, no means tests, no government forms to fill out—just free money as everyone’s share of the American commons.

"Dare Mitch McConnell to oppose it."

A Big, Simple, Winning Issue for Biden

The "American commons" are the cultural and natural resources accessible to all members of society. In a time when the privileged few expand their vast fortunes despite a global pandemic and recession, it seems fitting to socialize the profits and privatize the losses.

Does anyone believe "Delaware Joe" will turn on his corporate benefactors?

Then the oil runs out and the whole idiotic idea blows up in everyone's face. Some starve, some even die.

 

[Orangecat]

the Poor tend to circulate most of their income sooner rather than later.

The poor have little to no income to circulate. That's what "poor" means.
Wealthy people have far more capital to circulate via larger purchases and investment into job-creating enterprises.

 

[danielpalos]

the Poor tend to circulate most of their income sooner rather than later.

The poor have little to no income to circulate. That's what "poor" means.
Wealthy people have far more capital to circulate via larger purchases and investment into job-creating enterprises.

That is the whole point of this policy, to promote the general welfare by solving for simple poverty so even the Poor have money to pay their share of taxes in a market friendly manner which engenders a positive multiplier of two or more.

 

[Orangecat]

That is the whole point of this policy,

What "policy"? The one where you get paid OPM to "circulate currency"? Grow up.

to promote the general welfare by solving for simple poverty so even the Poor have money to pay their share of taxes in a market friendly manner which engenders a positive multiplier of two or more.

More moonbat babble.

 

[danielpalos]

That is the whole point of this policy,

What "policy"? The one where you get paid OPM to "circulate currency"? Grow up.

to promote the general welfare by solving for simple poverty so even the Poor have money to pay their share of taxes in a market friendly manner which engenders a positive multiplier of two or more.

More moonbat babble.

Solving simple poverty in a market friendly manner like good democrats do. Biden could do it via executive order once he is in office.

It can be accomplished without the need to convene the Congress.

It can be handled with monetary policy by merely ensuring our laws be faithfully executed.

and, He could brag, even the reality tv guy could not get, that real, afterward.

 

[Dick Foster]

the Poor tend to circulate most of their income sooner rather than later.

The poor have little to no income to circulate. That's what "poor" means.
Wealthy people have far more capital to circulate via larger purchases and investment into job-creating enterprises.

That is the whole point of this policy, to promote the general welfare by solving for simple poverty so even the Poor have money to pay their share of taxes in a market friendly manner which engenders a positive multiplier of two or more.

You seem to be suffering under the delusion that government is able to create wealth to distribute to the poor when it simply can't because government produces nothing but waste. Now if there was ever a market for pure bullshit, then you might have something.

 

[Toddsterpatriot]

Biden could do it via executive order once he is in office.

Biden can hand you money by executive order? Tell me more!!

 

[Orangecat]

Solving simple poverty in a market friendly manner like good democrats do. Biden could do it via executive order once he is in office.

Poverty can be solved by an executive order now? Could you be any more naive about life?

It can be accomplished without the need to convene the Congress. It can be handled with monetary policy by merely ensuring our laws be faithfully executed.
and, He could brag, even the reality tv guy could not get, that real, afterward.

Are you originally from Babylon, perchance?

 

[danielpalos]

the Poor tend to circulate most of their income sooner rather than later.

The poor have little to no income to circulate. That's what "poor" means.
Wealthy people have far more capital to circulate via larger purchases and investment into job-creating enterprises.

That is the whole point of this policy, to promote the general welfare by solving for simple poverty so even the Poor have money to pay their share of taxes in a market friendly manner which engenders a positive multiplier of two or more.

You seem to be suffering under the delusion that government is able to create wealth to distribute to the poor when it simply can't because government produces nothing but waste. Now if there was ever a market for pure bullshit, then you might have something.

Isn't right wing fantasy wonderful.

 

[danielpalos]

Biden could do it via executive order once he is in office.

Biden can hand you money by executive order? Tell me more!!

He could do it when even the right wing's reality tv guy could not get, that Real.

 

[danielpalos]

Nobody takes right wingers seriously about economics or the law. Hoax is all they have.

 

[Toddsterpatriot]

Biden could do it via executive order once he is in office.

Biden can hand you money by executive order? Tell me more!!

He could do it when even the right wing's reality tv guy could not get, that Real.

He could do it

Explain how.