Universal Basic Income: Biden's Best Bet?

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The Original Tree

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How would 2 billion cell phones get created without creating billionaires in the process?
By worker-self-directed-enterprises which would turn every billionaire into 1000 millionaires.

Take Bezos as a prime example.
He's worth around $180 billion.
How many Amazon millionaires would be created with 90% of Bezo's net worth?
None because under Biden, Bezos will be allowed to shelter all of his assets over seas. This was something President Trump was stopping and forcing capital back in to The US. Only a fool would ignore the fact Biden is for raping America of it's assets and enriching the Ultra Wealthy Elite.

Why do you think all the business closures and business restrictions are only on mom and pop shops and small business? It's to destroy small independent businesses so that all we have are large franchises and mega corporations, and when they destroy cash, they will control you, because you will have to take the 666 vaccination and chip with your Covi pass to even buy a lollipop, SUCKER!

If Biden becomes president, you just signed off on your own execution, dummies. He will implement The Great Reset and all of The UN's 666 New World Order Policies, and you will be damned to Hell.
 

danielpalos

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Are you disabled? You are on Medicaid and SSI?
My income from SSA is just over $700/month, so Medicaid picks up the 20% of medical expenses that Medicare doesn't cover. There are two US economic groups that have the best medical care in the world, the very rich and the very poor.
That's not true at all. The people who live off government have the worst health care in the US. The people who pay for their own, have the best.

By pay for their own, I mean they get a bill and pay it. I just recently went to the clinic without any insurance whatsoever. I had first class treatment, that was polite, quick, high quality, and it cost me money. I paid the bill.

I guarantee you, that i got better care than you would have. Guarantee. I've been to Medicaid clinics, and they absolutely suck.
Raise the minimum wage until even the working Poor can afford to pay for their healthcare.
 

The Original Tree

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I hate to burst your bubble, but "every" nation has poverty. There's just not enough wealth to go around. You talk a basic $1,000 dollars per month for every person. That's $12,000 per year and doesn't pay for much.
If the average US family consists of 3.14 people, $3140 would pay for a great deal. In my case as a single retired adult, an additional $1000 a month would eliminate my dependency on my $244 a month SSI benefit and another $100/month Medicaid payment.

If you believe an "invisible hand" automatically distributes wealth and income based solely on each worker's and investor's marginal utility, you are drastically underestimating the influence of our politically constructed laws and institutions on society.
If the average US family consists of 3.14 people, $3140 would pay for a great deal.

It would still have to come out of the economy somewhere else, which would result in higher prices, or lower wagers.

Government does not have a magic source of money to give to everyone. If they tax it away from people, they are worse off than if the government had let them keep their money. If they print the money, the result is a devaluation of the money, which renders everyone poorer.

If you believe an "invisible hand" automatically distributes wealth and income based solely on each worker's and investor's marginal utility, you are drastically underestimating the influence of our politically constructed laws and institutions on society.

Our politically constructed laws and institutions have nothing to do with it.

There is no country in the world, where people who produce nothing, end up wealthy.

Wealth is not distributed at all. Wealth is a function of people spending less money than they earn, and investing it wisely.

If you give someone $10 Million dollars, and they blow it, they will end up in poverty.
If you give someone $10 Million dollars, and they invest it, they will end up wealthy.

This is why the wealthy are wealthy, and the poor are poor. Nothing you do will ever change that.
The wealthy are wealthy because they have more practice using money and wealth than the Poor.
God blesses and curses people according to His will. All the gold and silver are His. Why did you vote for 666 Biden? Are you even a citizen? You seem kinda stupid. Your responses are all bot like. Are you human?

Click on the sections of the picture with street signs in it....
 

danielpalos

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I hate to burst your bubble, but "every" nation has poverty. There's just not enough wealth to go around. You talk a basic $1,000 dollars per month for every person. That's $12,000 per year and doesn't pay for much.
If the average US family consists of 3.14 people, $3140 would pay for a great deal. In my case as a single retired adult, an additional $1000 a month would eliminate my dependency on my $244 a month SSI benefit and another $100/month Medicaid payment.

If you believe an "invisible hand" automatically distributes wealth and income based solely on each worker's and investor's marginal utility, you are drastically underestimating the influence of our politically constructed laws and institutions on society.
The United States with its Free Market Capitalism and freedoms have risen more people out of poverty than ANY Marxist nation and it's the exact opposite for Marxist nations.
It was the command economics of WWII that did that by achieving full employment. Wealth inequality has been on the increase with our "Venezuela type of management" regarding our warfare-State, Big Government, nanny-State policies such as our alleged wars on crime, drugs, and terror. Only the Richest have been getting richer.
 

danielpalos

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The state doesn't create the market, moron. Markets existed long before the state. Your belief that the laws of economics are artificial creations is idiotic. When has the state ever succeeded in setting arbitrary prices for any good?

"Neoliberals often claim that reducing the size of the state will create a more efficient economy, as if the existence of the state is an impediment to the free market.

"This ideology has been used to justify the selling off of national assets, and the scaling back of public services.

"But this viewpoint ignores the fact that markets rely upon states for their very existence.

"Without states, there can be no free markets."


1. “States created markets. Markets require states. Neither could continue without the other.”
Government is the socialism that provides the stability for markets to exist more freely.
 
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georgephillip

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danielpalos

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The state doesn't create the market, moron. Markets existed long before the state. Your belief that the laws of economics are artificial creations is idiotic. When has the state ever succeeded in setting arbitrary prices for any good?

"Neoliberals often claim that reducing the size of the state will create a more efficient economy, as if the existence of the state is an impediment to the free market.

"This ideology has been used to justify the selling off of national assets, and the scaling back of public services.

"But this viewpoint ignores the fact that markets rely upon states for their very existence.

"Without states, there can be no free markets."


1. “States created markets. Markets require states. Neither could continue without the other.”
Markets existed long before the state, moron. The state doesn't create anything. All it does is expropriate what the market has already created.
The US failed under the more free market policies of the Articles of Confederation.
 

danielpalos

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The negative effects of QE will be felt for a long time.
What negative effects? We must have a better understanding of economics since we don't have the rampant inflation pre-WWII Germany had.
1. The increased debt. We do have to pay back what we borrowed, or default, which is even worse.
2. Inflation. One of the biggest reasons you're complaining about the MW being too low is inflation, and QE makes it worse by increasing the money supply but not adding actual wealth value.
3. Post WWI Germany had rampant inflation because they were trying desperately to rebuild their destroyed country. That has nothing to do with our QE now so you can stop talking about it.
Increased debt and the Rich getting richer is right wing modus operandi and nothing new.

Nope; wages should have kept pace with inflation on an Institutional basis from the beginning, we know capitalism won't do it and has no basis to care.

Germany also employed a form of QE; we have a better understanding of economics and better mechanisms now.

The out-of-control inflation began somewhat mildly during World War I, as the German government printed unbacked currency and borrowed money to finance military expenditures.--https://mashable.com/2016/07/27/german-hyperinflation/#:~:text=The%20out%2Dof%2Dcontrol%20inflation,reparations%20on%20the%20vanquished%20Allies.
1. Democrats never cut anything. Even Bubba was forced to almost balance the budget by Republicans holding his feet to the fire. No, democrats are fine with increased debt.
2. Wages should reflect actual value, not arbitrary ideas of what should be paid. Anything else causes inflation to worsen, because the amount of money that used to buy an hour's labor now only buys part of an hour.
3. Germany has nothing to do with us other than to serve as a cautionary tale of what not to do.
Wages should have kept pace with inflation on an Institutional basis from the beginning, we know capitalism won't do it and has no basis to care. Hence, the socialism of Government and fiscal command economics by legislative Act.
Whether they should have or not is immaterial, you cannot double the MW overnight and expect there to be no consequences. That only happens in the left's dreams, and no one takes the left seriously about economics.
No, it is not immaterial; it is a failure of Capitalism and why the socialism of Government has to bail us out.
But you have no issue using those sweat shop capitalist Chinese products though. Trump tried to bring manufacturing back here at fair wages and you just didn't want that. Pontificate all you want. Get down in the mud and live like what you spout for your utopia.
No. I only have a problem with lousy, right wing, Venezuela style management. Tariffs could have solved that problem, and, Capitalists in the US should not be allowed to leave for merely, cheap labor in our first world economy. It really was that simple, the whole time.
 

bripat9643

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They would exist even less without Government libraries.
Billionaires acquire their wealth by taking more from society than they contribute.

No, wealth isn’t created at the top. It is merely devoured there | Rutger Bregman

"This piece is about one of the biggest taboos of our times.

"About a truth that is seldom acknowledged, and yet – on reflection – cannot be denied.

"The truth that we are living in an inverse welfare state."
Who forced you to buy a cell phone?
 

danielpalos

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It's not doing that. At-will employment has no impact on UC.
Where does at-will employment law say you can't simply quit on an at-will basis in any at-will employment State? No other public policy can be repugnant to that concept through unequal protection of at-will employment laws.
Under UBI and under the Coming Great Reset, you will not be allowed to quit your job. You can only be fired from your job, and have your assets frozen if you do not take the vaccine and the Quantum Dot Matrix Tattoo and mark of "The Beast".

Universal Basic Income is the pathway to Universal Basic Slavery.

Feeble Joe Biden will not give you a Free Crap Card, he will give you a Draft Card so you can die for the glory of The New Normal, New World Order!


"A Dark Winter is coming! We must make lists of our enemies, round them up and put them in re-education camps!" Joe Biden

View attachment 423412View attachment 423413
"A Dark Winter is coming! We must make lists of our enemies, round them up and put them in re-education camps!" Joe Biden
Only right wingers insist on being illegal to the laws, yet are willing to practice the abomination of hypocrisy upon the less fortunate.
 

The Original Tree

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Are you disabled? You are on Medicaid and SSI?
My income from SSA is just over $700/month, so Medicaid picks up the 20% of medical expenses that Medicare doesn't cover. There are two US economic groups that have the best medical care in the world, the very rich and the very poor.
That's not true at all. The people who live off government have the worst health care in the US. The people who pay for their own, have the best.

By pay for their own, I mean they get a bill and pay it. I just recently went to the clinic without any insurance whatsoever. I had first class treatment, that was polite, quick, high quality, and it cost me money. I paid the bill.

I guarantee you, that i got better care than you would have. Guarantee. I've been to Medicaid clinics, and they absolutely suck.
Raise the minimum wage until even the working Poor can afford to pay for their healthcare.
Era
They would exist even less without Government libraries.
Billionaires acquire their wealth by taking more from society than they contribute.

No, wealth isn’t created at the top. It is merely devoured there | Rutger Bregman

"This piece is about one of the biggest taboos of our times.

"About a truth that is seldom acknowledged, and yet – on reflection – cannot be denied.

"The truth that we are living in an inverse welfare state."
You should have voted for Trump. Biden is going to allow all the people you hate to shelter 100% of their wealth in off shore accounts, just like Biden did with his bribes from China, Russia, Ukraine and everyone else he took money from for 47 years.

On top of that, Biden will make sure The US will adopt the 666 Great Reset and you will have to take The Quantum Dot Matrix Tattoo which means you are a slave.

You will not be allowed to own property, will be forced to work a job for UBI, you will not be allowed to leave your home unless you have permission, you will not be allowed to leave the state or move unless approved by The Government, Food, Healthcare, Gasoline will all be rationed except for Joe's Elitist and Rich friends.

You will be 10 times poorer than you are now, only you will be living in an illusion that The Government will take care of you until you die.
 

bripat9643

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The negative effects of QE will be felt for a long time.
What negative effects? We must have a better understanding of economics since we don't have the rampant inflation pre-WWII Germany had.
1. The increased debt. We do have to pay back what we borrowed, or default, which is even worse.
2. Inflation. One of the biggest reasons you're complaining about the MW being too low is inflation, and QE makes it worse by increasing the money supply but not adding actual wealth value.
3. Post WWI Germany had rampant inflation because they were trying desperately to rebuild their destroyed country. That has nothing to do with our QE now so you can stop talking about it.
Increased debt and the Rich getting richer is right wing modus operandi and nothing new.

Nope; wages should have kept pace with inflation on an Institutional basis from the beginning, we know capitalism won't do it and has no basis to care.

Germany also employed a form of QE; we have a better understanding of economics and better mechanisms now.

The out-of-control inflation began somewhat mildly during World War I, as the German government printed unbacked currency and borrowed money to finance military expenditures.--https://mashable.com/2016/07/27/german-hyperinflation/#:~:text=The%20out%2Dof%2Dcontrol%20inflation,reparations%20on%20the%20vanquished%20Allies.
1. Democrats never cut anything. Even Bubba was forced to almost balance the budget by Republicans holding his feet to the fire. No, democrats are fine with increased debt.
2. Wages should reflect actual value, not arbitrary ideas of what should be paid. Anything else causes inflation to worsen, because the amount of money that used to buy an hour's labor now only buys part of an hour.
3. Germany has nothing to do with us other than to serve as a cautionary tale of what not to do.
Wages should have kept pace with inflation on an Institutional basis from the beginning, we know capitalism won't do it and has no basis to care. Hence, the socialism of Government and fiscal command economics by legislative Act.
Whether they should have or not is immaterial, you cannot double the MW overnight and expect there to be no consequences. That only happens in the left's dreams, and no one takes the left seriously about economics.
No, it is not immaterial; it is a failure of Capitalism and why the socialism of Government has to bail us out.
But you have no issue using those sweat shop capitalist Chinese products though. Trump tried to bring manufacturing back here at fair wages and you just didn't want that. Pontificate all you want. Get down in the mud and live like what you spout for your utopia.
No. I only have a problem with lousy, right wing, Venezuela style management. Tariffs could have solved that problem, and, Capitalists in the US should not be allowed to leave for merely, cheap labor in our first world economy. It really was that simple, the whole time.
Venezuela is leftwing management. It's exactly the management that you support.
 

Toddsterpatriot

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They would exist even less without Government libraries.
Billionaires acquire their wealth by taking more from society than they contribute.

No, wealth isn’t created at the top. It is merely devoured there | Rutger Bregman

"This piece is about one of the biggest taboos of our times.

"About a truth that is seldom acknowledged, and yet – on reflection – cannot be denied.

"The truth that we are living in an inverse welfare state."
Billionaires acquire their wealth by taking more from society than they contribute.

Liar.
 

bripat9643

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The state doesn't create the market, moron. Markets existed long before the state. Your belief that the laws of economics are artificial creations is idiotic. When has the state ever succeeded in setting arbitrary prices for any good?

"Neoliberals often claim that reducing the size of the state will create a more efficient economy, as if the existence of the state is an impediment to the free market.

"This ideology has been used to justify the selling off of national assets, and the scaling back of public services.

"But this viewpoint ignores the fact that markets rely upon states for their very existence.

"Without states, there can be no free markets."


1. “States created markets. Markets require states. Neither could continue without the other.”
Markets existed long before the state, moron. The state doesn't create anything. All it does is expropriate what the market has already created.
The US failed under the more free market policies of the Articles of Confederation.
No it didn't.
 

danielpalos

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I hate to burst your bubble, but "every" nation has poverty. There's just not enough wealth to go around. You talk a basic $1,000 dollars per month for every person. That's $12,000 per year and doesn't pay for much.
If the average US family consists of 3.14 people, $3140 would pay for a great deal. In my case as a single retired adult, an additional $1000 a month would eliminate my dependency on my $244 a month SSI benefit and another $100/month Medicaid payment.

If you believe an "invisible hand" automatically distributes wealth and income based solely on each worker's and investor's marginal utility, you are drastically underestimating the influence of our politically constructed laws and institutions on society.
If the average US family consists of 3.14 people, $3140 would pay for a great deal.

It would still have to come out of the economy somewhere else, which would result in higher prices, or lower wagers.

Government does not have a magic source of money to give to everyone. If they tax it away from people, they are worse off than if the government had let them keep their money. If they print the money, the result is a devaluation of the money, which renders everyone poorer.

If you believe an "invisible hand" automatically distributes wealth and income based solely on each worker's and investor's marginal utility, you are drastically underestimating the influence of our politically constructed laws and institutions on society.

Our politically constructed laws and institutions have nothing to do with it.

There is no country in the world, where people who produce nothing, end up wealthy.

Wealth is not distributed at all. Wealth is a function of people spending less money than they earn, and investing it wisely.

If you give someone $10 Million dollars, and they blow it, they will end up in poverty.
If you give someone $10 Million dollars, and they invest it, they will end up wealthy.

This is why the wealthy are wealthy, and the poor are poor. Nothing you do will ever change that.
The wealthy are wealthy because they have more practice using money and wealth than the Poor.
God blesses and curses people according to His will. All the gold and silver are His. Why did you vote for 666 Biden? Are you even a citizen? You seem kinda stupid. Your responses are all bot like. Are you human?

Click on the sections of the picture with street signs in it....
lol. We have a First Amendment and our federal Constitution is our supreme, secular and temporal Law of the land and bible for the militia of the United States.
 

The Original Tree

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The state doesn't create the market, moron. Markets existed long before the state. Your belief that the laws of economics are artificial creations is idiotic. When has the state ever succeeded in setting arbitrary prices for any good?

"Neoliberals often claim that reducing the size of the state will create a more efficient economy, as if the existence of the state is an impediment to the free market.

"This ideology has been used to justify the selling off of national assets, and the scaling back of public services.

"But this viewpoint ignores the fact that markets rely upon states for their very existence.

"Without states, there can be no free markets."


1. “States created markets. Markets require states. Neither could continue without the other.”
Markets existed long before the state, moron. The state doesn't create anything. All it does is expropriate what the market has already created.
The US failed under the more free market policies of the Articles of Confederation.
You failed God. Why do you promote Satanic Policies pushed by people who hate you and think you are a virus that needs to be eradicated? Why do your friends who are pushing UBI think that 6 Billion People need to be destroyed and killed to save the planet? Will you be first in line to die for "mother earth"?

Shocking the mods have not shut this Bot Thread Down or moved it to ECONOMICS
 

bripat9643

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The state doesn't create the market, moron. Markets existed long before the state. Your belief that the laws of economics are artificial creations is idiotic. When has the state ever succeeded in setting arbitrary prices for any good?

"Neoliberals often claim that reducing the size of the state will create a more efficient economy, as if the existence of the state is an impediment to the free market.

"This ideology has been used to justify the selling off of national assets, and the scaling back of public services.

"But this viewpoint ignores the fact that markets rely upon states for their very existence.

"Without states, there can be no free markets."


1. “States created markets. Markets require states. Neither could continue without the other.”
Government is the socialism that provides the stability for markets to exist more freely.
So to have a free market, you have to abolish the free market?

You are so special, daniel.
 

danielpalos

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The state doesn't create the market, moron. Markets existed long before the state. Your belief that the laws of economics are artificial creations is idiotic. When has the state ever succeeded in setting arbitrary prices for any good?

"Neoliberals often claim that reducing the size of the state will create a more efficient economy, as if the existence of the state is an impediment to the free market.

"This ideology has been used to justify the selling off of national assets, and the scaling back of public services.

"But this viewpoint ignores the fact that markets rely upon states for their very existence.

"Without states, there can be no free markets."


1. “States created markets. Markets require states. Neither could continue without the other.”
Markets existed long before the state, moron. The state doesn't create anything. All it does is expropriate what the market has already created.
The US failed under the more free market policies of the Articles of Confederation.
No it didn't.
Why were the Articles of Confederation abandoned? This is why I don't take right wingers seriously. You have no "gospel Truth" and therefore need valid arguments for rebuttal.
 

danielpalos

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You failed God. Why do you promote Satanic Policies pushed by people who hate you and think you are a virus that needs to be eradicated? Why do your friends who are pushing UBI think that 6 Billion People need to be destroyed and killed to save the planet? Will you be first in line to die for "mother earth"?
Isn't right wing fantasy wonderful.
 

danielpalos

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The state doesn't create the market, moron. Markets existed long before the state. Your belief that the laws of economics are artificial creations is idiotic. When has the state ever succeeded in setting arbitrary prices for any good?

"Neoliberals often claim that reducing the size of the state will create a more efficient economy, as if the existence of the state is an impediment to the free market.

"This ideology has been used to justify the selling off of national assets, and the scaling back of public services.

"But this viewpoint ignores the fact that markets rely upon states for their very existence.

"Without states, there can be no free markets."


1. “States created markets. Markets require states. Neither could continue without the other.”
Government is the socialism that provides the stability for markets to exist more freely.
So to have a free market, you have to abolish the free market?

You are so special, daniel.
lol. There is no free market anarcho-Capitalism since the fall of Mogadishu. It is why I know right wingers are literally, incredible with their, full of fallacy rebuttals.
 
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