Reposting this thread as it had some interesting discussion going

Reposting this thread as it had some interesting discussion going.

>Giving every adult in the United States a $1,000 cash handout per month would grow the economy by $2.5 trillion by 2025, according to a new study on universal basic income.

>The idea of a universal basic income has been promoted lately by technology leaders and Silicon Valley billionaires.

>Some, like Tesla and SpaceX CEO Elon Musk, see cash handouts as a solution to the imminent threat of automation to the labor force. Musk has said that universal basic income will be a virtual necessity because robots will put so many low-skilled workers out of a job.

>Others, like Facebook CEO Mark Zuckerberg, think handouts could give everyone the safety net necessary to think like an entrepreneur. Zuckerberg touts UBI as a way to ensure people are not afraid to take risks to pursue the projects and business ventures they are passionate about.

>Y Combinator President and Silicon Valley heavyweight Sam Altman has launched an initiative to study the long-term effects on human behavior of getting a cash handout. The research is still in process.

cnbc.com/2017/08/31/1000-per-month-cash-handout-would-grow-the-economy-by-2-point-5-trillion.html

Other urls found in this thread:

youtube.com/watch?v=9wmzxxN0m3k
theguardian.com/technology/2017/apr/15/uk-government-urged-help-low-skilled-workers-replaced-robots
archive.is/15ww4
youtube.com/watch?v=G3psxs3gyf8
twitter.com/SFWRedditImages

This would not work because of black people and they'll never admit it.

But the $2.5 trillion will be worth less than $1000 today because of the hyperinflation it will cause.

>human
So that excludes all the niggers, spics, goatfuckers, et al.

IMO UBI is nothing more than a way to transfer tax money into the pockets of companies such as Apple, Microsoft, Sony, Samsung and all the gadgety, Silicon Valley companies awa car companies.

Human trash will never understand the benefits of saving and investing part of your income in order to grow it over time. Give 1000 dollars a month to a nigger and what will he do ? He'll lease a new phone, lease a brand new car and pay for gas, insurance, fast food, video games and drugs with the rest, he might even end up worse off.

The money doesn't grow the economy, it's just fleeing back to the top, MASSIVELY inflating profits for those companies. Sure the smart entrepreneurs will appreciate a 1000 dollars safety net every month, but the poor will just consider this money to be the NEET life they've been waiting for. Unemployment will skyrocket.

People have argued that automation should pay for the NEET lifestyle of those who want it, not sure how that would work. If companies are the only ones paying the UBI tax, this would crater their profits and they won't argue in its favour nearly as much.

But what do I know, I'm only a frog

It would be nice to not have to pay rent but then my rent would double.

It wouldn't cost hyperinflation, the government would be just printing money and directly using that. It'd be money that was at some point already in circulation.

Not that I agree with it. UBI is stupid.

Wouldn't be*

It would be good for the average family if they could do it without inflation but the price if drugs would probably go up and those who abuse the system would be in the same position due to financial irresponsibility. Also I'm against anything promoted by Globalists.

>$1,000 per month
I'm all for basic income, but it needs to be the least amount needed for survival, hence "Basic", not to live comfortably and not be encouraged to get off their lazy asses and do others things as described in the pic.

It'll never work without price regulations anyway, otherwise $1000 a month really would be the bare minimum you need for survival.

Printing it would make it even more worthless, it's absolutely going to come out of someone's pocket. If those giant companies are arguing for it, they are obviously implying that it should come out of your pocket too "(((((so it's cheaper for everybody)))))", knowing fully well it's gonna be spent with them

I swear to god... I've wasted my entire life thinking about money. I fucking hate this system so much.

Any bureaucrat or government agent that thinks this is a good system is fooling themselves.

There are smart people living in bad conditions.

Typo, I said they wouldn't be printing it.

Don't get me wrong, I don't agree with it, but it wouldn't really cause massive inflation.

UBI is bad news. If it's ever started, you can count on the next generation of people to be so dependent on the State they will be the ultimate slaves, losing any personal protections for personal freedom. The government and the state should not be so sheepishly trusted.

It's retarded to give MONEY for universal basic income. Giving the actual goods thought necessary for basic living would make slight more sense. Give free shelter, free food, free water, free electricity and free transport instead.

That's why they're doing it. They saw how well it worked on black people destroying their culture, family and cohesion.

Good point. Of course it's not about true piece of mind, if you had guaranteed housing your whole life, how could they impoverish you with inflation?

sounds like (((communism)))

Basic income should be free soup and a place in a dorm and there should be no other form of welfare.

why not just reduce taxes by $1000?

What kind of smart people are we talking about ?

You show me one of those smart people living in bad conditions and I'll show you someone who had children too early, who got too big a loan, who has a lifestyle they can't pay for in general...

I understand that some people are just hit with bad luck, but UBI wouldn't even fix that as there's no guarantee that giant companies wouldn't just push their UBI tax onto their customers, effectively cancelling its worth.

i think that stuff costs more than a grand though

Only NEETs and lazy faggots want this.
If you think paying people our tax revenue automatically for doing nothing is a good idea, move to a country where they do that.
Or neck yourself.
Either one is fine.

How does someone who hate socialism reconcile right wing or libertarian beliefs with guaranteed (socialized) housing, soup or god forbid, cash ?

Where do they get $1k/month.

We have enough issues with social security. They let niggers and other undesireables pull against it even if they never paid....basically a system that I have been dumping money into for 25 years is going broke because of government involvement.

I do not want any government alternative either. Why don't they take that $1k week/person and put it back in to social security until it is correct.

I can take care of my money thanks. I don't want some commie system. People already get money per month. It is called welfare.

This is probably the only way it can actually work, provided the government is actually competent and also does not give in to lazy people's demands (free internet, free clothing, free household appliances, also free money, etc).

I was actually thinking of something along the lines of a 25m2 room per person for their own property (that they earn with their own money) and privacy, but yeah, it should be the minimum.

>spics
mestizos are not Spanish, they are dumpy oompah loompah Matroska dolls brought to life by the feathered serpent

That's the point, goyim.

This can't work fucking retards, consuption without production cannot work.
They will create a mass of people who rely on the state to fuck you more, so obvious.

From the tech billionaires pushing the idea of course

Idealism will never work in reality.
Even if basic income were a thing inflation would continue to devalue the amount making it effectively useless.
Even if it did work it encourages being lazy and not working/providing for the economy you live in.
You dumb commy fuck.

>There are smart people living in bad conditions.
not that smart then.

I know. UBI is as retarded as the Venus Project.

Why is my country full of turbo-socialist faggots when we are already drowning in socialism?

you calling Thomas Edison and Nikola Tesla dumb? you try making a fucking lightbulb

You deserve what you gave to the world!

basic income is new feudalism, and it will completely block any social mobility

I don't want UBI, connard. Fuck anything that's remotely socialist including this country.

They blacks will be back the next day, after they've spent their "free" money on Jordan's and other useless nigger wear. The rest of it on Newport's and eating out because they're too stupid to make their own food or make any plans whatsoever...

I fixed the pic in OP.

In USA, UBI would be fine but you have to eliminate welfare/food stamps and oversight involved. Social Security would have to be phased out in 15-20 years

Great, boil down ALL welfare, poverty programs, medicare, and medicaid into the universal income.

A baseline of money to invest in, house, clothe, and feed yourself, you have no excuse for failing. So people who do fail get no extra help whatsoever.

> "Muh inflation" won't happen.
The same amount of money is being spent. Of setting all of this with eliminating welfare and government jobs.

> "Muh special needs"
live in a retard colony and pool your basic income.

>we need immigrants to do our jobs but you can't get a job because robots are taking them over
ok

> If it's ever started, you can count on the next generation of people to be so dependent on the State they will be the ultimate slaves, losing any personal protections for personal freedom.

Thats why they are promoting it so strongly. The sheep masses will welcome new serfdom with open arms.

if they gave me $1000 a month i would just buy $1000 worth of gold every time

I will give you all free money. Vote for me in 2020

>give every adult in the U.S. 1k a month for breathing
>around 238,000,000 adults in the U.S.
>Spend 2.8 trillion
>lose around 300 billion every year
do you not even know basic math?
also with the current leftists they will want illegals to get it too

>Human trash will never understand the benefits of saving and investing
Poor people aren't poor because they don't have money. They're poor because when they get money, they suck with it.

>The sheep masses will welcome new serfdom with open arms.

They can't learn from our current serfdom, ug it all looks so harmless as it's slowly overcoming the entire world.

Obviously they mean the study shows that there would be a positive impact with the price of UBI factored in.

Can't believe people are retarded enough to say this, there were some like you in the previous thread.

>and it will completely block any social mobility

what about people who choose to and have the skills to still work as well as collecting basic income?

>what about people who choose to and have the skills to still work as well as collecting basic income?

These people will be society's leaders, probably into tech like robotics and AI. They better bank that free money and be prepared to pay it back for freedom.

This

Nice fantasy, idiot

How would giving away $126 billion = a 2.5 trillion growth?

The reason I'm not thinking of getting a job in the first place is because of robots. They're already killing jobs faster than they can make them so what's the point?

I just want money to persue what I want to do, not what I'm forced to do and if annual basic income comes to Britain then my god I'll gladly build that money up to go places.

This might not be the thread for it, but a subsidised gym membership would be fuckin sweet. Gyms are god damn expensive and it shouldn't be insane to say as a society we should put more money into benefiting the people instead of treating them like cattle.
I'm sure it's a pretty dumb idea cause I don't know a lot about economics but wouldn't it realistically help people?

How would giving away nearly $300 billion a month result in an increase of 2.5 trillion?

The main problem is that some jobs gives no psychological satisfactions and must be done by people who need the money

And where exactly will the government get this amount of money? Wouldn't it be much easier to lower taxes for people?

>American education

Fucking lazy turds.
I work for self improvement, so I can get even bigger salary, if I dont improve in the IT I get out the window.
But if I improve I get to get more money, and after around 120k, now I have time to improve myself for the sake of improvement. And I do.

Please stop being lazy and stupid, go get a job, improve so you get better and work it out.
And please dont drag everybody, especially hard working man with you in that shit.

Economy will certainly not work like today when we will have robots doing all the work(agriculture, constructions, and so on)
Basically humans won't need to work.

People pay for it themselves and still don't even use it. If it's free it will just be a bunch of hobos and the conditions will become terrible so much so that the regular people won't even be able to use them anymore.

>In 200 years.

OP here, I agree completely. This is only posted for the sake of discussion.

Bitch, if we want civilization to keep functioning, somebody has to shovel shit. Nobody is going to shovel shit if they don't have to to survive.

where is this money gonna cone from?
If the government isnt going to print more to prevent inflation then the only way I see for then to get the money is taxing it away from the american people just to give it to every lazy shitstain that wants an easy life

That's complete shit. When your bodily needs are met it breeds complacency and indifference. Everyone who gets on welfare and off says the hardest part was getting the motivation to pull yourself out of being a parasite. It's so easy to just sit back and rot.

>no psychological satisfaction
There should be none. Not that it is impossible to be satisfied....It is irrelevant. You go to work to do a task and get paid in return. There is no misconception about employee happiness. This is SJW bullshit. Get the fuck out of here you hippie. No one gives a flying fuck about workplace satisfaction. No one who works for minimum wage should be satisfied. They should be trampled on by society so that they can draft resumes and move upward in society. The people who work minimum wage jobs their whole life get what they deserve. If they have no self preservation and pride, they certainly won't get that at work....No different than "satisfaction".

youtube.com/watch?v=9wmzxxN0m3k

more like 1,000 years, realistically.

>grow by 5 trillion
and it would only cost you 30 trillion a year! what a deal goy!
notice these niggers never say where the money actually comes from.

I see, that's a good point.

see

>smart
>stay in bad conditions
Pick one

...

That'd be okay in theory, but the reality is that all the welfare leeches would bum out even harder.

According to Jews, anyone who is not a Jew isn't a human.

So white people should be on your list as well. We know your tricks schlomo.

250 million adults
1k a month
12 months
Total yearly cost = 3 trillion dollars

Anyone care to tell me where this would come from? Note that the current federal budget assumes total expenditures of ~3.7 trillion

...

theguardian.com/technology/2017/apr/15/uk-government-urged-help-low-skilled-workers-replaced-robots

I'd say around 50-70 years for most jobs. That doesn't mean that we shouldn't do any step towards basic income until we reach complete automation, plenty of workers will be out of jobs in the next 15 or so years

>hey let's pay for useless people and let them multiply exponentially instead of having a small useful population

Archived it for you
archive.is/15ww4

>musk
remember this is the guy who is so afraid of machine learning he is trying to regulate it heavily

i personally cannot agree with universial basic income due to the fact that this causes inflation and other issues

but after that everyone will be so happy that the economy will magically soar

well i also would exclude jews

Edison founded General Electric one of the world's biggest corporations and Tesla was more like autistic than smart.

>$1000 monthly cash handout to all American adults
>nigs all immediately spend it on basketball shoes
>jose sends half back to mexico and uses the other half to go to a water park with his 12 obese brown goblins
>still need all the other welfare, section 8, food stamps

yeah sounds like a great plan

they will suffer from inflation and they will not be able to accumulate capital to jump from commoner to feudal in time.

their work will be "equalized" by force

however all money the government prints has an interest, this is due to the fact we use a fractional reserve system for money

>Throw in 245 billion dollars per month
>grow the economy by 2.5 trillion after pouring that much in for 87 months
>Spend 21 trillion dollars in order to grow the economy by 2.5 trillion

So not only is it woefully inefficient, but it would destroy the (artificial) value of the US dollar? WTF i love UBI now.

So communism lite.

This is such a shit idea, and we are at end times for it to be even considered seriously.

Why stop at $1000 a month?? Why not give everyone $10,000 a month? Then we will all be wealthy right!?

Non-whites and Jews will not be getting the $1000. Problem solved.

>an initiative to study the long-term effects on human behavior of getting a cash handout.


See: Detroit

I can't believe you saps really believe this billionaire Jews want to give you free money no strings attached.

>I swear to god...I've wasted my entire life thinking about bartering goods and services

>bix nood we starvin"!
>give nigger 1k
>blows it all on weed and jordans in 2 days
>bix nood we starvin'!

I mean it's the natural evolution of capitalism really, that evolution being increased automation. We're already seeing a new groundbreaking advancement in automation being implemented in real-time, the Blockchain Technology used in Crytocurrencies.
youtube.com/watch?v=G3psxs3gyf8
This technology will automate many logistical desk jobs in the very-near future, well-paying white collar jobs such as Accounting. I hypothesize this will cause FAR more of a disruption to the job market then mechanical automation when it impacted blue collar jobs.

One the highest overheads for a corporation is it's labor costs. Automation frees up VAST amounts of money, money that can be taxed. An "Automation Tax" if you will, something that scales based on a set of guidelines to "measure" the degree at which a corporation is automated, and tax it accordingly.

Automation is the natural evolution of Capitalism, to meet the well-being demands of a nation's population post-automation, supplementation must occur. UBI must be created in some form or another. I do not believe that we will see such implementation until automation through Blockchain Technology is more pervasive in industries. Once white collar jobs start to go, then we can start worry, but it WILL happen, make no mistake.
Not all the jobs will go, human labor will always be needed to some degree, but the unemployment will be the biggest factor in the discussion of a nation implementing UBI in some form or another.

UBI is a natural reaction to the evolution of Capitalism through automation, but like many of you said, I fear it will accelerate the infantilizing of the population, and make them far more dependent on the nation's government.
Fascism, Collectivism through Individualism, would solve the issue of infantilizing. Putting a priority on societal values to preserve them, values such as our rights, the family unit, education, etc. The problem is implementing such an ideology.

>What happens when you receive basic income

So, here's how I would do it, some of it's similar to other people's posts, some of it isn't.

>Basic Housing (free of charge)
10 story high-rise apartment buildings, 100 rooms per floor, 7 floors are residential, 700 single-person free-of-charge residences per building. You get a 200 sq. ft. bedroom w/ bed and sheets etc. and also has a light. No TV. radio, electronic appliances other than the one light.

There's no bathroom, you can use the shared floor bathroom. There's no laundry, you can use the building's laundry near the common room on the 3rd floor, free of charge. The 2nd Floor is the cafeteria and computer library. Since library resources can be infinitely cheaper on the internet than in a book form, getting a bunch of computers and having people queue up for time on them is much more efficient and cheap in the long run.

Food is provided free of charge, as is internet access. However, if you want unrestricted internet access (social meida, entertainment, etc.), you can hook into the building's ethernet LAN network to access the internet through the building's main router for a fee, or you can also buy time on a computer for a fee.

In addtion, security patrols will check every hall of every floor at least once an hour, to keep the peace. In each hallway there will be buttons to alert security if they are needed urgently. The apartment buildings will also be constructed with backdoor stairways that only the police/security can enter to give police the ability to flank any riot/unrest that may occur inside an apartment building.

Job Placement (fee-based):
For those who are of the age of being able to work, remote-based staff will attempt to find ANY job the resident. Usually, there are an assortment of jobs and upon entry to the apartment you would fill out a career-placement form, to better find work suited to your skills and desires. However, beggars can't be choosers.

Cont. in Next Post.

>food is a human right
>water is a human right
>shelter is a human right
>warmth is a human right
>the internet is a human right
>a partner is a human right
How long before all entertainment is a human right?