Why are dumb people jealous of geniuses like Elon, Bezos, and Hardisty

uh oh...correction time?

 

Probably jealous

 

I just feel like UBI is a cute way for corporate executives to pretend they care about income inequality. UBI isn't going to solve access to healthcare or quality education.

It seems like a gimmick for corporate execs to advocate for UBI just to make sure they have a public that is more willing to spend money on their products.

 

So he’s against us getting a stimulus check while millions of Americans are seriously struggling right now, but in theory is for a UBI which has a zero percent chance of being passed anytime soon?

EDIT - stimulus package is different then stimulus check, so I guess he should be advocating for a stimulus check, but against the rest of the package? I’d be closer to on board with that.

 

It depends on the details. If they are supporting it as a complete replacement for social programs, the argument could be made, is someone better off with 1k in food and housing assistance vouchers, or cash. The goal of society is to extract cash from people, so it could be argued that turning the vouchers into cash that can be extracted will lead to greater hunger and homelessness. Especially if it is not inflation adjusted.

 

In my opinion an ideal system would be were the government provides a baseline that allows children to have healthy upbringings. That means instead of UBI, every American is entitled to basic housing that is hygienic, with working utilities such as high speed internet and clean running water, access to healthcare, access to some form of transportation and access to free high quality education. That way children aren't punished for bad spending habits by parents and those children have room to develop into emotionally healthy adults.

Anything beyond basic housing, healthcare, defense, utilities and education, the free market can solve. You want a house with a nice lawn and 4 bedrooms, free market. You want a Porsche 911 rather than taking public transportation, free market. Go earn it.

The free market shouldn't be used for the basic necessities required for healthy child development and just handing out money as UBI just allows for adults to spend unwisely and still harm children in the process. The stimulus checks are different. We are in a time of emergency and yes stimulus checks in that context makes sense.

I think this approach is cheaper on the long run as this approach probably limits the amount of children falling through the cracks the most which means a future with less mentality unstable adults and a future of more tax paying productive members of society.

 

n/m already posted

 

You’d be surprised how many Republicans and their billionaire donors would love to actually discuss a UBI plan because they know UBI’s typically just mean a redistribution of social security and other “entitlements” and its a chance for social security programs to go private.

So not incredibly shocked someone from the billionaire class wants to chat UBI. The guy already saves a fortune in subsidies. Subsidies funded by the middle class tax payer.

 

The last package of $2T has more money going to interests and companies than to people that need it. I don't want to see another pkg like that.

 

Absolutely agree but the stimulus check part absolutely should stay and I'm sure you agree with that part at least.

 

I do but I wouldn't call it's stimulus . It's survival for many of these folks.

 

Problem is that the money isn't going to small businesses but big corporations that don't need the money.

 

Ask Elon.

 

I'm sure the PPP loans help some of them and wasn't enough for others. There are a number of problems with it.

- Larger business got the lion share of it first, not smaller busn (this might because those with good relationship with the banks were prioritized)
- Religious organizations got at least 7B of it. The smaller religious org (less than 200 members) were less likely to apply and got the loan than the larger religious org (>200 members).
- A number of billionaire got these loans so I think you can also assume many owners with 10-100s of millions also got these loans.
- Did it really keep unemployment down? Doubtful. Unemployment still skyrocketed.
- It did not work well with the incentive to stay unemployed given the danger of the virus and extra unemployment benefit

it might be mostly a waste as small busn still suffer and close down and those that uses it to survive could only do so for a few weeks

for those busn that were able to survive with it or not, it’s free money

it doesn’t stimulate much - people weren’t willing to spend during a health crisis and more money doesn’t change that