Universal Basic Income: Biden's Best Bet?

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georgephillip

georgephillip

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Let's look at financial transactions. What transactions do you speak of? Last time DumBama messed with that, he created policy that credit card companies could no longer lay heavy fines and increased interest rates for their Democrat.....
When Wall Street banks borrow from the Fed at less than 1% rates and then loan those funds to consumers at 27%, I'm more concerned with restoring some semblance of consumer protection than with transfer balance fees.:stir:

Citigroup Has Made a Sap of the Fed: It’s Borrowing at 0.35 % from the Fed While Charging Struggling Consumers 27.4 % on Credit Cards
 

danielpalos

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irosie91

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irosie91

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can you define "simple poverty"?
Poverty which can be solved with mere money. Means tested welfare should be for those for whom mere money, may not be enough.
so true-----mere money is almost never ENOUGH.
INFLATED minimum wage is MERE MONEY.
Freebee food is also MERE MONEY
You simply need to manage your money better. And, "payment in kind" is not mere money.
the secret to non-poverty is not actually "money management" ------it is LIFE-STYLE MANAGEMENT
 

j-mac

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Let's look at financial transactions. What transactions do you speak of? Last time DumBama messed with that, he created policy that credit card companies could no longer lay heavy fines and increased interest rates for their Democrat.....
When Wall Street banks borrow from the Fed at less than 1% rates and then loan those funds to consumers at 27%, I'm more concerned with restoring some semblance of consumer protection than with transfer balance fees.:stir:

Citigroup Has Made a Sap of the Fed: It’s Borrowing at 0.35 % from the Fed While Charging Struggling Consumers 27.4 % on Credit Cards
Credit card companies, Pay Day loan places, Title loan places, are predatory by nature...It's up to the consumer to beware.
 

danielpalos

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can you define "simple poverty"?
Poverty which can be solved with mere money. Means tested welfare should be for those for whom mere money, may not be enough.
so true-----mere money is almost never ENOUGH.
INFLATED minimum wage is MERE MONEY.
Freebee food is also MERE MONEY

can you expand on your objection to my statement,
D. Palos?
Employment is at the will of either party. The State has no authority to deny or disparage our privileges and immunities for unemployment compensation through unequal protection of the law.
 

danielpalos

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can you define "simple poverty"?
Poverty which can be solved with mere money. Means tested welfare should be for those for whom mere money, may not be enough.
so true-----mere money is almost never ENOUGH.
INFLATED minimum wage is MERE MONEY.
Freebee food is also MERE MONEY
You simply need to manage your money better. And, "payment in kind" is not mere money.
the secret to non-poverty is not actually "money management" ------it is LIFE-STYLE MANAGEMENT
You are merely quibbling under Capitalism.
 

irosie91

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what is ".....EQUAL PROTECTION OF THE LAWS...." ?????
A person may not be deprived of life, liberty, or property without due process of law or denied equal protection of the laws
oh---you mean "equal protection under the law"-----yes----VERY IMPORTANT------have you ever been to court on a life, liberty, or property question. I have.
THEIR AIN'T NONE (the 'equal' thing) Court decisions regarding "life, liberty, property" are
POLITICAL in my town-----increasingly.
 

hadit

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I've lectured you on economics on dozens of occasions. University of Phoenix used to pay me to lecture morons like you on basic economic principles, no one pays me to educate your ignorant ass so I shan't bother.
I thank goodness for modern broadband times and videos on the subjects I want to learn more about. All you have is fallacy not any valid arguments.

And, our welfare clause is General and must cover any given contingency in a top down manner, we also have a Commerce Clause and even a central bank, what else is there to know under our form of Capitalism?
Quite obviously, you are not using that technology to actually further your education on the subject of economics. If anything, you are finding videos and articles that confirm your bias, but are not learning. While you're at it, the defense mandate must cover any given contingency in a top down and bottom up manner, which naturally gives the government the green light to do whatever it wants with our military, including using it to fight illegal drug use.

IOW, you don't get to pick and choose which parts of the Constitution you promote and which you ignore.
 

danielpalos

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what is ".....EQUAL PROTECTION OF THE LAWS...." ?????
A person may not be deprived of life, liberty, or property without due process of law or denied equal protection of the laws
oh---you mean "equal protection under the law"-----yes----VERY IMPORTANT------have you ever been to court on a life, liberty, or property question. I have.
THEIR AIN'T NONE (the 'equal' thing) Court decisions regarding "life, liberty, property" are
POLITICAL in my town-----increasingly.
A person may not be deprived of life, liberty, or property without due process of law or denied equal protection of the laws

Do you have a point to make? Otherwise, you merely needed a superior argument in any superior Court.
 

hadit

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what is ".....EQUAL PROTECTION OF THE LAWS...." ?????
A person may not be deprived of life, liberty, or property without due process of law or denied equal protection of the laws
oh---you mean "equal protection under the law"-----yes----VERY IMPORTANT------have you ever been to court on a life, liberty, or property question. I have.
THEIR AIN'T NONE (the 'equal' thing) Court decisions regarding "life, liberty, property" are
POLITICAL in my town-----increasingly.
Daniel believes that he's not getting equal protection under the law because Unemployment Compensation doesn't cover people who simply refuse to work a job. He thinks the word "Unemployment" means unemployed for any reason at all. And you will never convince him otherwise.

Basically, he insists UC is really a welfare program that covers everyone and can't figure out why no checks ever show up in the mail.
 

danielpalos

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I've lectured you on economics on dozens of occasions. University of Phoenix used to pay me to lecture morons like you on basic economic principles, no one pays me to educate your ignorant ass so I shan't bother.
I thank goodness for modern broadband times and videos on the subjects I want to learn more about. All you have is fallacy not any valid arguments.

And, our welfare clause is General and must cover any given contingency in a top down manner, we also have a Commerce Clause and even a central bank, what else is there to know under our form of Capitalism?
Quite obviously, you are not using that technology to actually further your education on the subject of economics. If anything, you are finding videos and articles that confirm your bias, but are not learning. While you're at it, the defense mandate must cover any given contingency in a top down and bottom up manner, which naturally gives the government the green light to do whatever it wants with our military, including using it to fight illegal drug use.

IOW, you don't get to pick and choose which parts of the Constitution you promote and which you ignore.
I resort to the fewest fallacies. So obviously, you have nothing but projection on your part.

And, no, our common defense clause doesn't cover everything more than our general welfare clause. Congress has the power to declare War not the common defense.
 

hadit

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can you define "simple poverty"?
Poverty which can be solved with mere money. Means tested welfare should be for those for whom mere money, may not be enough.
so true-----mere money is almost never ENOUGH.
INFLATED minimum wage is MERE MONEY.
Freebee food is also MERE MONEY

can you expand on your objection to my statement,
D. Palos?
Employment is at the will of either party. The State has no authority to deny or disparage our privileges and immunities for unemployment compensation through unequal protection of the law.
Yes, Daniel, the state absolutely has that authority because the State owes you nothing.
 

DBA

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You can very easily.... EASILY live a 1960s life style on minimum wage today.
Not where I live.
As I recall, in 1967 the California minimum wage was $1.75 a hour; my rent was $75 a month in Santa Monica which was (and is) a relatively high rent area. My car was 7 years old, and a single minimum wage job allowed me to pay it off and maintain it. I haven't been able to afford a car since 1993. My home technology was limited to a landline and a radio. Today in California the minimum wage is $12 an hour, and it would barely cover the market rent on any apartment similar to the one I lived in half-a-century ago.
Right, but you are in a socialist hell hole. Yeah, in California you can't live on nearly anything.

But that is because you voted for socialists idiots that ruined your cities.


You, and those like you, voted for socialism in California, through controls and regulations.

You screwed yourself.

This is why I'm entirely against government bailing out California. You did this to yourself.
Here is the the problem:
People being able to afford our first world economy means more people able to afford housing costs and more builders being able to build or upgrade more housing. What do landlords believe the minimum wage should be?
If people would move out of blue states they would be able to afford housing. The able bodies must work though. Novel concept I know.
 

KarlMarxsPitBull

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328 million Americans * $1,000/month = $328 billion/month.
$328 billion/month * 12 months = $3.9 trillion/year.

Fun times indeed. Where is the almost $4 trillion going to come from, Bill Gates?

That's McConnell's response that kills the whole thing.
No one can make it on $1000 a month. The minimum should be $2000, and it would require price controls.

That would be $8T a year.

They print all the money they need already, at this point we just need electrons to fill the bank accounts. That's all "money" is at this point anyway. "Digits", it's not based on anything real or tangible. So just program the treasury computers to fill every American's account with $500 a week and let people who can work earn a little bit more.

It's not that hard.
 
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