Universal Basic Income: Biden's Best Bet?

[danielpalos]

Equal protection of the law for unemployment compensation in our at-will employment States could be accomplished by executive order.

Automatic stabilization of our economy now!

How can we have unused productive capacity and mass unemployment at the same time?

What Is the Output Gap? - Back to Basics - Finance & Development, September 2013

"The output gap is an economic measure of the difference between the actual output of an economy and its potential output.

"Potential output is the maximum amount of goods and services an economy can turn out when it is most efficient—that is, at full capacity.

"Often, potential output is referred to as the production capacity of the economy."

We don't or should not have have a supply problem with supply side economics; we only have a demand problem, which solving for simple poverty can solve.

So that would be 1000 dollars times 12 time 350 million a year. That equals 4 trillion and 200 billion dollars a year. So all those tax increases that is proposed. What would the lower classes be on the hook for? That may destabilize the economy. The increases in prices of everything may be very high inflation to hyper inflation. I am not an economist though.

Inflation should not be a problem with supply side economics. That is why we need to increase the minimum wage so capitalists can automate for their bottom line.

Taxation is just not the Federal Wage Income Tax and the social Security/Medicare Tax. There are many taxes and many hidden ones. they add up. That is part of what make people who earn the minimum salaries tough. Those taxes and fees are embedded in everything we do. Its like a cycle that has to keep pushing the wage up as the taxes increase and the inflation rises. We do not even get the official amount of money in circulation anymore from the government as they are printing it up to keep the system solvent.

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

 

[Orangecat]

Equal protection of the laws is a Constitutional right.

No, equal protection under law is. Laws do not need equal protection.

 

[hadit]

Employment is at-will. I automatically qualify for unemployment compensation.

You obviously don't know what "at-will" employment means.

What do you think it means?

I've told you countless times what it means, and you still repeat your nonsense. A bot would be more flexible.

 

[danielpalos]

Employment is at the will of either party.

How so?

Employers do not have to hire me even in Right to Work States.

Of course they don't. Employers are not required to hire anyone, much less whiny dickbags like yourself.

Employment is at-will. I automatically qualify for unemployment compensation.

Actually read the law on UC, then come back and quote the portion that says you automatically qualify. If you can't, you need to stop saying you do.

Equal protection of the laws is in our Constitution. Automatic stabilization now!

 

[Orangecat]

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

Higher paid labor creates inflation.

 

[hadit]

Equal protection of the law for unemployment compensation in our at-will employment States could be accomplished by executive order.

Automatic stabilization of our economy now!

How can we have unused productive capacity and mass unemployment at the same time?

What Is the Output Gap? - Back to Basics - Finance & Development, September 2013

"The output gap is an economic measure of the difference between the actual output of an economy and its potential output.

"Potential output is the maximum amount of goods and services an economy can turn out when it is most efficient—that is, at full capacity.

"Often, potential output is referred to as the production capacity of the economy."

We don't or should not have have a supply problem with supply side economics; we only have a demand problem, which solving for simple poverty can solve.

So that would be 1000 dollars times 12 time 350 million a year. That equals 4 trillion and 200 billion dollars a year. So all those tax increases that is proposed. What would the lower classes be on the hook for? That may destabilize the economy. The increases in prices of everything may be very high inflation to hyper inflation. I am not an economist though.

Inflation should not be a problem with supply side economics. That is why we need to increase the minimum wage so capitalists can automate for their bottom line.

Taxation is just not the Federal Wage Income Tax and the social Security/Medicare Tax. There are many taxes and many hidden ones. they add up. That is part of what make people who earn the minimum salaries tough. Those taxes and fees are embedded in everything we do. Its like a cycle that has to keep pushing the wage up as the taxes increase and the inflation rises. We do not even get the official amount of money in circulation anymore from the government as they are printing it up to keep the system solvent.

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

So let's lay off everyone who earns less than $50/hr. That'll work wonders.

 

[danielpalos]

UC is not a Constitutional right, it is a benefit set up specifically to help those who are laid off from their jobs until they can find new employment.

Equal protection of the laws is a Constitutional right.

Quote the portion of UC law that says you qualify.

Our State Constitution says I can't be denied equal protection of the laws.

 

[hadit]

UC is not a Constitutional right, it is a benefit set up specifically to help those who are laid off from their jobs until they can find new employment.

Equal protection of the laws is a Constitutional right.

Quote the portion of UC law that says you qualify.

Our State Constitution says I can't be denied equal protection of the laws.

Great, quote the portion of the law that says you qualify for UC simply because you exist.

 

[danielpalos]

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

Higher paid labor creates inflation.

What doesn't create inflation? They had inflation even with slavery.

Promote and provide for the general welfare of the People!

 

[OldLady]

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?

What if someone doesnt want to work, but still wants the basic income? Why should other people work then?

They want to give free college, but why go to college if you get a basic income, sounds like a waste of time to get educated for nothing.....

Because you can't live on $1,000 a month.

 

[hadit]

Equal protection of the law for unemployment compensation in our at-will employment States could be accomplished by executive order.

Automatic stabilization of our economy now!

How can we have unused productive capacity and mass unemployment at the same time?

What Is the Output Gap? - Back to Basics - Finance & Development, September 2013

"The output gap is an economic measure of the difference between the actual output of an economy and its potential output.

"Potential output is the maximum amount of goods and services an economy can turn out when it is most efficient—that is, at full capacity.

"Often, potential output is referred to as the production capacity of the economy."

We don't or should not have have a supply problem with supply side economics; we only have a demand problem, which solving for simple poverty can solve.

So that would be 1000 dollars times 12 time 350 million a year. That equals 4 trillion and 200 billion dollars a year. So all those tax increases that is proposed. What would the lower classes be on the hook for? That may destabilize the economy. The increases in prices of everything may be very high inflation to hyper inflation. I am not an economist though.

Inflation should not be a problem with supply side economics. That is why we need to increase the minimum wage so capitalists can automate for their bottom line.

Taxation is just not the Federal Wage Income Tax and the social Security/Medicare Tax. There are many taxes and many hidden ones. they add up. That is part of what make people who earn the minimum salaries tough. Those taxes and fees are embedded in everything we do. Its like a cycle that has to keep pushing the wage up as the taxes increase and the inflation rises. We do not even get the official amount of money in circulation anymore from the government as they are printing it up to keep the system solvent.

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

So just raise all wages to at least $100/hr. That would generate a lot more in tax revenue, right?

 

[jbrownson0831]

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?

There have already been proposals along these lines from Democrats like Kamala Harris.

Personally I think they are a great idea. This is America, the richest, best country in the world. We should have no one living in poverty here.

They don't have to live in poverty whiner, just get one of the many thousand jobs available and be responsible for themselves.

 

[Wyatt earp]

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

Higher paid labor creates inflation.

What doesn't create inflation? They had inflation even with slavery.

Promote and provide for the general welfare of the People!

Just get a fucking job Danny and why the hell did you derail this thread with your ignorant nonsense?

 

[danielpalos]

By executive authority as the chief magistrate of the Union.

He's not the chief magistrate of any Union.

I gainsay your contention, want to argue about it?

 

[danielpalos]

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

Higher paid labor creates inflation.

What doesn't create inflation? They had inflation even with slavery.

Promote and provide for the general welfare of the People!

Just get a fucking job Danny and why the hell did you derail this thread with your ignorant nonsense?

Only right wingers claim equal protection of the laws is, ignorant nonsense.

 

[Orangecat]

What doesn't create inflation?

Millions of things.

 

[Wyatt earp]

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?

This doesn't make sense where is the oil under the corn fields of Iowa ?

 

[danielpalos]

Equal protection of the law for unemployment compensation in our at-will employment States could be accomplished by executive order.

Automatic stabilization of our economy now!

How can we have unused productive capacity and mass unemployment at the same time?

What Is the Output Gap? - Back to Basics - Finance & Development, September 2013

"The output gap is an economic measure of the difference between the actual output of an economy and its potential output.

"Potential output is the maximum amount of goods and services an economy can turn out when it is most efficient—that is, at full capacity.

"Often, potential output is referred to as the production capacity of the economy."

We don't or should not have have a supply problem with supply side economics; we only have a demand problem, which solving for simple poverty can solve.

So that would be 1000 dollars times 12 time 350 million a year. That equals 4 trillion and 200 billion dollars a year. So all those tax increases that is proposed. What would the lower classes be on the hook for? That may destabilize the economy. The increases in prices of everything may be very high inflation to hyper inflation. I am not an economist though.

Inflation should not be a problem with supply side economics. That is why we need to increase the minimum wage so capitalists can automate for their bottom line.

Taxation is just not the Federal Wage Income Tax and the social Security/Medicare Tax. There are many taxes and many hidden ones. they add up. That is part of what make people who earn the minimum salaries tough. Those taxes and fees are embedded in everything we do. Its like a cycle that has to keep pushing the wage up as the taxes increase and the inflation rises. We do not even get the official amount of money in circulation anymore from the government as they are printing it up to keep the system solvent.

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

So let's lay off everyone who earns less than $50/hr. That'll work wonders.

Your idea not mine; why don't You, take point on it?

 

[Orangecat]

Promote and provide for the general welfare of the People!

Yet you want individual welfare provided. Do you understand words?

 

[Wyatt earp]

Higher paid labor creates more in demand and generates more in tax revenue. A positive multiplier applies.

Higher paid labor creates inflation.

What doesn't create inflation? They had inflation even with slavery.

Promote and provide for the general welfare of the People!

Just get a fucking job Danny and why the hell did you derail this thread with your ignorant nonsense?

Only right wingers claim equal protection of the laws is, ignorant nonsense.

What does that have to do with the topic ?