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A New Report Finds No Evidence That People Will Work Less Under a Universal Basic Income (theoutline.com)

Economists Djavad Salehi-Isfahani and Mohammad H. Mostafavi-Dehzooeifrom for the Economic Research Forum have released a new report on the results of a basic income scheme launched in Iran in 2011. "In 2011, in response to heavy cuts to oil and gas subsidies, Iran implemented a program that guaranteed citizens cash payments of 29 percent of the nation's median income, which amounts to about $1.50 every day (about $16,000 per year in the U.S.)," reports The Outline. Here are the key findings: The report found no evidence for the idea that people will work less under a universal income, and found that in some cases, like in the service industry, people worked more, expanding their businesses or pursuing more satisfying lines of work. The researchers did find that young people -- specifically people in their twenties -- worked less, but noted that Iran never had a high level of employment among young people, and that they were likely enrolling in school with the added income. The evidence presented in the paper is compelling, but the anecdotal belief that handing people money will make them lazy is hard to shake. "The findings in this paper do not settle this question," the report's authors point out. "What we have accomplished is at the very least to shift the burden of proof on this issue to those who claim cash transfer [sic] make poor people lazy, and to show the need for better data and more research."

361 of 564 comments (clear)

  1. What is work? by Anonymous Coward · · Score: 2, Insightful

    It seems obvious that if people can do something they will, but what? Who knows. Hobby or Job, or accidental community service via picking up trash.

    1. Re:What is work? by slashrio · · Score: 1

      The ideal of course is that people find a hobby that gives them additional income. I.e.: work with satisfaction, higher mobility, lower unemployment rate.
      This will also bring down the number of cases of burn-out and other stress-related diseases (cancer?, heart attacks?) because people can tell their boss to shove it and totally relaxed look for another job.
      I smell a win-win.

      --
      "Trump!!", the new Godwin.
    2. Re:What is work? by Highdude702 · · Score: 1

      As would every american making $1200/mo or less. there is a reason they only make that much to begin with.

    3. Re:What is work? by Maritz · · Score: 1

      I smell a win-win.

      The perception that somebody is getting some kind of 'hand out' will always go down like a fart in a space suit on slashdot. These are of course usually guys who credit themselves with everything beneficial in their lives.

      UBI will be a very, very tough sell in the US. Almost certainly won't ever happen. Even if you have 40% unemployment because of robots or something, you still won't budge.

      But it's great to have strong convictions, even when they fly in the face of the evidence. If the world isn't how you'd like it to be, just loudly proclaim that it is and get on with it.

      --
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  2. Who did they ask? by Br00se · · Score: 3, Interesting

    I would work less if I didn't have to work for my income. Am I the only one?

    1. Re: Who did they ask? by Anonymous Coward · · Score: 2, Funny

      Yes you worthless, unamerican, sack of shit.

    2. Re: Who did they ask? by alvinrod · · Score: 1

      Would you be completely unproductive with your extra free time though? If you worked on some open source hobby project instead it's not like the world is worse off. Yes I realize that's not the most efficient use of capital, and yes there are some who won't be productive with their time, but if it means some criminals will also be less productive with their time it means society probably sees some cost savings on the other end.

      The U.S. already spends huge sums of money on myriad social programs. Simplify the government side and do away with the bureaucracy for additional savings. Even if you don't think a basic income is a good idea for moral or philosophical reasons, it's probably the idea with the least cost so long as you don't let those wholly on the dole vote themselves more bread and circuses.

    3. Re:Who did they ask? by ShanghaiBill · · Score: 4, Insightful

      I'm still not sold.

      Nor should you be. Finding no evidence that X is true is very different (and much easier) than finding evidence that X is false.

    4. Re:Who did they ask? by Pfhorrest · · Score: 1

      Obviously nobody would work (for someone else) if they could keep any arbitrary standard of living and not work.

      But if you had the choice between either getting every third paycheck doubled for the same amount of work, or else living on a third of your income for zero work, which would you pick? I sure as hell know I would keep working and just pocket the extra money to reach my life goals sooner, rather than live a life of bare subsistence just so that I could sit around doing nothing.

      (Not that I would be doing nothing even in that case... I'd spend the time on the life's work of not-for-profit personal projects I'm probably never going to have time to complete otherwise).

      --
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    5. Re:Who did they ask? by Pfhorrest · · Score: 1

      Where are you that your janitors get paid $2.40/hr?

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    6. Re:Who did they ask? by OYAHHH · · Score: 1

      I hate it when people make crap up.

      --
      Caution: Contents under pressure
    7. Re:Who did they ask? by PopeRatzo · · Score: 5, Insightful

      I would work less if I didn't have to work for my income. Am I the only one?

      I also thought this until I retired. I do more now than I did when I was working. And more of that work actually does something for my community. No, I don't put in the "hours" like a wage slave, but the work is more productive and meaningful and fun for me.

      --
      You are welcome on my lawn.
    8. Re:Who did they ask? by Anonymous Coward · · Score: 1

      You know that $1.50 is for someone living in Iran, right? The $16,000 a year for the US comes out to just shy of $44 a day in the US. It's not a great living, but it's doable in some parts of the country.

    9. Re:Who did they ask? by PopeRatzo · · Score: 1

      I sure as hell know I would keep working and just pocket the extra money to reach my life goals sooner

      And I bet those life goals involve putting that money back into the economy. Maybe you want to travel, or buy a nicer place to live, or fix up a '72 Chevelle SS. Either way, the money feeds the economy.

      The economy is not helped because a hedge fund manager can buy more derivatives (now a bigger market than actual capital stocks). It just gets taken off the table to add to a net worth that will never be spent.

      --
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    10. Re:Who did they ask? by ShanghaiBill · · Score: 1

      I sure as hell know I would keep working and just pocket the extra money to reach my life goals sooner

      But would you retire sooner? If so, the result is still fewer people working.

    11. Re:Who did they ask? by sound+vision · · Score: 1

      What is your income, $16k/year? (Not that I think a UBI would reach even that high)

    12. Re:Who did they ask? by Pfhorrest · · Score: 5, Interesting

      A world where fewer people are working because more people are capable of retiring sooner sounds like exactly the kind of world we should always be striving toward. The end goal of human progress is for everyone to be born into perpetual retirement.

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    13. Re:Who did they ask? by Pfhorrest · · Score: 1

      My personal life goals are just to pay off any house at all (which currently is a lifelong task I'm not sure I will ever finish), after which the remaining costs of living are small enough to be easily covered by a minimal amount of work (or a reasonable retirement investment), freeing up my time to spend doing creative projects that I want done for their own sake and not ruined by limits and requirements set by marketability.

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    14. Re:Who did they ask? by interkin3tic · · Score: 4, Insightful

      No, but realize it also goes the other way too. I'm a biomedical researcher, I'll likely make more money quitting cutting edge research at a university and going into pharmecutical work. I'll be doing stuff that will have less risk of failing, but also has very little chance of being a big breakthrough. I'd love to continue doing what I am now, but I can't due to salary reasons. If money weren't an issue, I'd keep doing the high risk/high reward science as I am now.

      My job puts food on the table and a roof over my head, sure, but I'm working mainly to accomplish stuff I can take pride in. If the necessities were guaranteed, I think plenty of people would take riskier work in order to feel accomplished.

    15. Re: Who did they ask? by Wycliffe · · Score: 1

      I'm not sure you can compare it that way. There is a huge difference between 16k/year in the USA and $1.50/day ($550/year) in Iran. Sure you might be able to feed yourself in both places for that same amount but there are significant differences. Someone in Iran will never be able to buy a car with his salary. It would take more than a year salary to buy a plane ticket or a smart phone. Someone in the USA on the other hand if they managed to save a year's salary over say a decade could move to someplace like Iran and practically retire. Someone at $1.50/day likely has a lot more wants and needs than someone at 16k. At 16k, a person in the USA could get a small shared apartment with a computer, internet, and air conditioning. They could live a fairly simple and comfortable life. This would likely appeal to some people like some avid gamers. $550/year will not buy you that no matter where in the world you live.

    16. Re:Who did they ask? by Fire_Wraith · · Score: 4, Insightful

      I might work less at my current job. That doesn't mean I would sit on my butt and watch Netflix all day.

      I've actually had periods where I wasn't employed for a reasonable stretch of time. Sure, I did a bunch of video gaming at first, but pretty soon I got bored and restless, and needed to find something productive to do. So yes, I'd find something useful to occupy my time. I might not be punching a clock at a corporate office, though - I might start doing independent hacking and vulnerability research for instance. I might set out coding new apps, or other such things. I might do something entirely different like learn more about automotive computer networks. But I sure wouldn't be idle.

    17. Re:Who did they ask? by Cipheron · · Score: 1

      Who did they ask? They didn't ask opinions, they looked at real employment data after implementing the scheme. That's the sort of data that cuts through opinions to the heart of the matter. Also, one of the facts is that if you give out a basic payment, then people have to spend it, which creates jobs for people who want the money. ... Funny how that works, right?

    18. Re:Who did they ask? by Opportunist · · Score: 1

      You would likely be able to do just that. Because there is no reason anymore to uphold a minimum wage law.

      The main argument of minwage proponents is that any employer is in a much stronger position and could pressure people into accepting any job for any payment, because there's bills to pay and little money is still better than no money.

      That isn't the case anymore with UBI.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    19. Re:Who did they ask? by Opportunist · · Score: 4, Insightful

      Yes, the people trying to make a living with streams and videos will certainly increase. But I doubt that the low paying jobs will go. Rather, they will get cheaper for the employers and you will deal with a LOT higher fluctuation. Which isn't really a problem because, well, how much training time do you need for someone who sweeps your floors or stocks your shelves?

      What you'll have is people who want to buy something and need money for it that they don't have with UBI alone, so they'll go and work for a week or two. As an employer, you'll probably have to pay less, too, because now they only want "extra" money from you, not the money they need to sustain themselves.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    20. Re:Who did they ask? by Opportunist · · Score: 1

      What's yours?

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    21. Re:Who did they ask? by Opportunist · · Score: 1

      Hey! That's my text! :)

      Seriously, though, are we related? This is scarily close to my job+hobby.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    22. Re:Who did they ask? by skam240 · · Score: 1

      If UBI only pays for the basics (literally the 'B' in the acronym) which would be, more or less, food and a roof it seems to be pretty sensible to assume that people would be lining up to get a job so as to afford things like TVs, smart phones, cars or anything else associated with the average consumer. Do you really think people will suddenly abandon their desire for pretty main stream luxury items when given UBI?

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    23. Re:Who did they ask? by dunkelfalke · · Score: 1

      Universal basic income is about as high as the lower end unemployment benefits. It is literally a basic income, it covers only basic needs. I have been unemployed for about a year during the great recession and received the (quite generous in my case) German unemployment benefits. Honestly, if I had a choice, I'd rather work and be able to afford at least some luxury.

      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    24. Re:Who did they ask? by skam240 · · Score: 1

      You don't think people would pick up a job to be able to afford beyond the "Basic"?

      That's certainly the reason I got a job when I was in high school.

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    25. Re:Who did they ask? by AmiMoJo · · Score: 1

      I'd be much more productive if I worked fewer hours. Of course the company would want to pay me less too... They prioritize coverage and attendance over productivity.

      --
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    26. Re:Who did they ask? by Rei · · Score: 5, Insightful

      UBI doesn't make vast amounts of money for comfortable living appear out of thin air. 29% of the average US household take-home income is under $14k. The poverty line in the US is around $22k.

      UBI offers a replacement for welfare, social security, minimum wages, unemployment insurance, and countless other things. Total combined welfare in the US ranged from $16984 (Mississippi) to $49175 (Hawaii) in 2013 (everything from direct payments to assistance for food, housing, energy, etc, both federal and state), according to the conservative Cato Institute. Social Security in the US averages $16k. Minimum wage is $15.1k. Etc. So keep those numbers in perspective. To put $14k a different way, that's $1167 per month - and given that a household is not supposed to spend more than 30% of their income on rent (greater than 30% is defined as "rent burdened"), that would suggest a rent of no more than $350 per month. And we're talking household income here, not individual. And that's income that would be without other added assistance (food, housing, etc), unless your goal is to double up the welfare system rather than replace it.

      The big difference with today's welfare patchworks is that UBI is far more efficient (no huge bureaucratic mess, no "hoops" for people to jump through to prove qualifications, etc), doesn't have "cracks" for people to fall through. doesn't have any "cliffs" that disincentivize people to work further, etc. You don't "lose benefits" by working more - any extra work you do is extra income. To move you from poverty wages (UBI) to having the resources to not have to live in a dump, to be able to afford a vehicle, electronics, whatever it is that you enjoy in life. And if you really are the rare sort of person who actually likes living on poverty wages rather than working... well, that probably already describes your situation today.

      --
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    27. Re: Who did they ask? by whopis · · Score: 1

      I have a couple questions about that, if you don't mind.

      1) Do you enjoy your job at all?

      2) What would you do with you new found free time?

      3) What if the UBI only amounted to a portion of your current income. Say 80% or even 60%. Would you work to make up the difference or adjust your lifestyle to make the reduced income?

    28. Re: Who did they ask? by Anonymous Coward · · Score: 1

      Not everyone is so fixated on maximizing wealth as you seem to be. If the standard of living provided by a UBI is sufficient to someone, and the value of not working is greater than the marginal value of getting a job, it is absolutely reasonable and rational that people won't work. All these arguments supporting UBI or any other socialist scheme depend on the assumption humans are NOT rational actors, which is demonstrably false. I guess rainbows and unicorns are better than logic...

    29. Re:Who did they ask? by slashdot_commentator · · Score: 1

      Is the extra $5K a year you'll make working as a janitor be worth it now?

      Yes, because that janitor will have access to $5K more luxuries (or investment opportunities) than someone who only collects UBI with no alternate income. Supply and demand will still drive the consumer market; it just means UBIs will only have enough money to feed themselves, clothe themselves, and house themselves. If they want to buy that book, computer SoC, or LeBron James kicks, he's going to have to earn money outside of UBI to pay for them.

      --
      There is no America. There is no democracy. There is only IBM and AT&T and DuPont, Dow, General Electric, and Exxon
    30. Re:Who did they ask? by Anonymous Coward · · Score: 1

      UBI still has cracks to fall through. If too many people quit working, the goverment tax income drop. And that is paying for UBI, so UBI rates drop while prices go up. (Less production due to people quitting boring jobs => higher prices for goods.)

      Suddenly, some people doesn't have enough to cover the basics. Those able to work for money will be forced to do that, but when people *need* work, wages drop. Those unable to work were meant to be covered by UBI - as UBI rates drop, they starve or sleep on the streets.

    31. Re:Who did they ask? by bluefoxlucid · · Score: 1

      We didn't have a 40-hour work week until recently. It used to be up to 100 hours per week--10-16 hours per day, 6 days per week. There were arguments about this, riots, even murders.

      Each iteration in technology increases our wealth. People in the 90s lived simple lives with $30/month landlines, expensive PCs, a few cable TV channels, and cars with anti-lock brakes as an option. Today, I spent $87/month for Internet speeds which would have cost me $58,000/month in 1996; I just spent $160 for the entire year of cell phone service with 2GB of LTE+ data; computers are cheap; cars have more built-in goodies that should take a lot more labor (and expense) to make, but we've developed ways to do it cheaper (less labor).

      The cost of food, clothing, personal care, and so forth as a proportion of income has fallen. Housing and utilities fluctuate, but generally trend down in terms of cost per square foot of living space versus income. Technical progress cut things back dramatically from 1940-1980, with food falling from around 35% to 15% of income, and clothing falling from 14% to 4%. Today it's 12% and about 3.2% for median-income households.

      You can go from your quaint little 1990s lifestyle to the futuristic 2015 lifestyle (and still complain you're not getting richer, somehow, even though the median-income household has all this stuff you could never have afforded on a median income in 1990), or you can live in 1990 but work 28 hours per week.

      We've bought time before.

    32. Re:Who did they ask? by bluefoxlucid · · Score: 1

      Why would the janitor work for $2.40/hr? He wouldn't be in danger of catastrophic lifestyle failure, and his lifestyle and security wouldn't be improved much by $2.40/hr of pay. The amount of work required for an insignificant increase in income would be enormous.

    33. Re:Who did they ask? by Anonymous Coward · · Score: 1

      Anyone who is paying for student loans in America right know should understand what will happen to the price of everything once subsidized.

      If the current base income is 0, raising it to $15k will effectively make incomes $15k less valuable in purchasing power. The price of everything will rise accordingly because demand will rise artificially at first without a rise in supply, and the market will adjust to rising prices making the first $15k you make worthless.

      This is also true in arguments like minimum wage. No matter how high it is set, it is never enough. UBI will constantly need to be adjusted ever higher to offset the rising prices of everything and nobody will be wealthier for it or better off.

    34. Re:Who did they ask? by bluefoxlucid · · Score: 1

      If you're satisfied living on $1.50 a day, congratulations

      In practice, you've probably got major depressive disorder.

    35. Re:Who did they ask? by Pfhorrest · · Score: 1

      if there were actually houses and lots at those prices this wouldn't be a problem at all and i would be mostly done by now. empty lots outside city limits of the tiny rural town i live in ask $200k just by themselves. and no i'm not fucking moving so far away it might as well be another country, abandoning my job and family and future wife (just pending our ability to live together) who are all here in the process of doing so.

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    36. Re:Who did they ask? by Pfhorrest · · Score: 1

      An employer could offer that if we got rid of minimum wage laws which we could do if we had UBI, but why would anyone accept it? Like you say, they're no longer so desperate that they have to accept just any job for any money because a little money is better than no money. It becomes a question of whether the money the job pays is worth the time lost to the worker.

      With an UBI, and eliminating minimum wage, real market prices for wages would be set at last. For some jobs, that might mean they go down -- which is to say, new jobs come into existence that can't right now with the minimum wage because they're not worth (to the employer) what you'd have to pay them. But for other jobs, that might mean they go up, if the only reason people accept such a pittance for the hard work they have to do is because the alternative is death, which it wouldn't be anymore with an UBI.

      So easy, fun, low-paying jobs spring into existence, and people can take them just for something to do and a tiny bit of extra cash; meanwhile shit jobs, that pay shit because anyone can do them even though nobody wants to, pay more because otherwise everyone tells those employers to shove their shit jobs up the ass they came from.

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    37. Re: Who did they ask? by suutar · · Score: 1

      So you are asserting that all humans are rational actors? I think I need to request proof.

      Of course, even if they are, your assertion that the rational action is to do nothing is gated by "if the standard of living provided by UBI is sufficient to someone" and "the value of not working is greater than the marginal value of getting a job", which are both pretty strong assertions to apply to, well, everyone. Given that the scenario you're replying to is that the provided standard of living is some food and a roof (and presumably some clothes), well... I don't think I know anyone for whom that would really be "sufficient" (though I do know some for whom it would be an improvement), so I would have to say that I don't think I know anyone for whom the rational action would be to subsist on that and do nothing else. It certainly wouldn't be for me; I like my toys.

    38. Re:Who did they ask? by apoc.famine · · Score: 1

      The converse is that employers who want employees to stick around are really going to have to offer an incentive. I can think of a few jobs in my life where, if I had UBI, I would have flipped my desk and walked out.
       
      I'm actually really excited about this aspect of UBI. If you can set up an awesome work environment, you might be able to get people to work for free, because they love it, and UBI is enough to get by on. If you set up a shitty work environment, or the work itself is shitty (garbage collector, sewage worker), you're going to have to offer sweet pay and benefits for people to want to do that.
       
      When nobody has to work to live, it's going to very much uncover the true cost of employment for businesses. In the long run, that will put a lot of power back in the hands of employees, and require businesses to really care about the people they employ. I can't see that as being a bad thing for humanity.

      --
      Velociraptor = Distiraptor / Timeraptor
    39. Re:Who did they ask? by Pfhorrest · · Score: 1

      People in retirement work for themselves. Retirement doesn't mean sitting around doing nothing, it just means you work on whatever you feel like working on whenever you feel like working on it, and not what when and how someone else says just because you have to.

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    40. Re:Who did they ask? by apoc.famine · · Score: 1

      Idle time might actually drive a new economy.

      I've actually had periods where I wasn't employed for a reasonable stretch of time. Sure, I did a bunch of video gaming at first, but pretty soon I got bored and restless...

      Everyone in that situation is going to need to consume entertainment. They may even spend some of their UBI on it. And guess what? If your hobby is playing video games while "idle", and you decide to go stream on Twitch, it's quite possible that your idle time plus theirs turns into their UBI headed into your pocket. And maybe they decide that the're spending too much money on Twitch, but someone in the neighborhood is offering $2/hr for dog walking, might as well do that to pay for the entertainment.
       
      Suddenly your idle time is making you money, they're entertained with their idle time, and they find something to do that makes them happy to earn a little more money. Compared to most welfare systems, that's pretty sweet. It's not doing paperwork, proving you're looking for a job, taking the bus across town to wait in line for shit, etc., etc. It's not worrying that you might earn too much and lose your benefits.

      I might start doing....X or Y or Z....

      And if any one of those part-time jobs or hobbies takes off, there's a really good chance that the person follows it, because they are doing what they love, not doing whatever they have to in order to survive.
       
      That aspect of UBI makes me really, really excited.

      --
      Velociraptor = Distiraptor / Timeraptor
    41. Re:Who did they ask? by chihowa · · Score: 1

      Also, image how much nicer and more productive your workplace would be without all of the people who would be happy sitting on their butts watching TV all day. I don't imagine there's even be a significant drop in overall productivity.

      --
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    42. Re:Who did they ask? by BCGlorfindel · · Score: 1

      I might work less at my current job. That doesn't mean I would sit on my butt and watch Netflix all day.

      I've actually had periods where I wasn't employed for a reasonable stretch of time. Sure, I did a bunch of video gaming at first, but pretty soon I got bored and restless, and needed to find something productive to do. So yes, I'd find something useful to occupy my time. I might not be punching a clock at a corporate office, though - I might start doing independent hacking and vulnerability research for instance. I might set out coding new apps, or other such things. I might do something entirely different like learn more about automotive computer networks. But I sure wouldn't be idle.

      That's great for you. Your anecdote though doesn't refute the experimental runs that have been made before. Many, many times in history nations have tried growing the economy by freeing people to do the work they want to do. Usually the required first step is robbing/taxing land owners/rich so the more deserving people can be free. The end result is mass starvation because the economy does not grow as anticipated by folks relating anecdotes like yours. See the Russian revolution and Mao's great leap forward.

    43. Re: Who did they ask? by bluefoxlucid · · Score: 1

      Would you be completely unproductive with your extra free time though? If you worked on some open source hobby project instead it's not like the world is worse off

      This line of thinking is constant, and is also complete bullshit. The economy would be more-stable and more-efficient. People would consume more, and thus there would be an increase in demand for jobs. The only way we're getting more free time is if we respond to productivity increases by shortening working hours so we have a 28-32-hour work week (3.5-4 day full time) via an amendment of the Free Labor Standards Act.

      The U.S. already spends huge sums of money on myriad social programs. Simplify the government side and do away with the bureaucracy for additional savings.

      This is also a bad argument. I've actually designed a UBI framework for the United States. It's a Universal Social Security, and it's an expansion of OASDI. The Social Security Administration is so damned efficient that this works.

      On the other side, we have shit like HUD and SNAP, which are efficient-ish but underperforming. HUD puts 75% of everyone on a waiting list and never pays benefits; SNAP isn't quite sufficient. Unemployment, as well, goes away when you get a job--meaning an equivalent $10.25/hr unemployment income (I got that) makes that $10.50/hr FedEx job really a $0.25 FedEx job.

      The Government side of things is mainly fine in terms of overhead, and even faces surprisingly little loss to fraud and abuse; its major malfunction is not reaching enough people. The big efficiency savings is in the market economy around low-income households: there's too much financial risk in dealing with someone who works a low-wage, part-time job and occasionally goes on welfare.

      Landlords are the easiest argument here, and also form the root. Landlords mean housing, and housing means residence; residence means you have a population, ergo a consumer base; and a consumer base means a stable market to which to sell. Opening a supermarket in a low-income area? How's that 5-year and 25-year population estimate look? Will a fluctuation in the job market destroy your business by taking away a chunk of the population capable of affording food?

      Landlords have risks. A landlord has to pay for maintenance, taxes, and so forth. Empty units need to be cleaned, painted, exterminated, and the like; they increase common-area heating load; they contribute to building size, but not to income, and so can cost you in property taxes. Renter protection laws disallow landlords from raising rents more than 5% per year or executing an eviction for three months; and evictions entail legal filings, documentation, and physical labor (moving men) to throw all your shit out on the sidewalk. Then the city fines the landlord, so he has to pay for junk removal to avoid that.

      In some cases, a unit empty for a single month can cost the entire year's profits. In small buildings, the risk of an empty unit is enormous, because it can eat your entire operating profit in just a few short months. Evictions are even worse. To offset this, the probability of these adverse events is multiplied by the cost, divided out by the number of units in a given group, and then added to the rent.

      How does that impact our economy?

      People with part-time, low-income jobs don't have much savings. They can have their hours cut. They can be fired or lain off. Welfare goes away after a little while; unemployment is less than your wage to begin with. Renter protection laws multiply these risks, thanks to that whole eviction thing.

      Housing a low-income worker is riskier than housing a middle-classer. A larger, more-expensive apartment thus has a lower price per square foot than a small studio in the same area. The cost of risk demands it. At a point, your income is too low to afford the rent the landlord must charge to stay in business.

      To put this into

    44. Re:Who did they ask? by david_thornley · · Score: 1

      f I wanted to live on a UBI income, I could just quit and collect social security and a pension. I'm going to do that anyway at some point, but I'm continuing to work.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    45. Re:Who did they ask? by Opportunist · · Score: 1

      Because UBI doesn't mean that you get as much money as you do now that you're working.

      It means that you get what is the bare minimum to survive. Food, shelter, basic clothing. Anything else is most likely beyond your reach. New TV? New Smartphone? Or internet? Go and get a job.

      Yes, it means that you will probably have to work for a week as a burger flipper for maybe 100 bucks. But that's 100 bucks spending money. Your food/shelter/clothing needs are covered. If that's all you want, great.

      But some people want to live instead of just surviving.

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    46. Re:Who did they ask? by Opportunist · · Score: 1

      Then I guess the market will find a way to solve it. Maybe you have to pay more? But maybe you'll also find people who will do it.

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    47. Re:Who did they ask? by Opportunist · · Score: 1

      That sums it up nicely.

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    48. Re:Who did they ask? by Opportunist · · Score: 1

      With an UBI, that number will increase. Because then even making maybe 200 bucks a month might well be acceptable to some.

      I do predict, though, that you'll get a LOT of people trying to do it, and those 200 bucks will soon become 20 bucks for many. In the end, it will most likely even out.

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      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    49. Re:Who did they ask? by Opportunist · · Score: 1

      The working market would definitely turn from a buyer's into a seller's market in many areas. Employers will probably have to offer quite a bit different incentives to work for them but "only" money, just as you say. Right now, many can get away with offering shitty pay for a shitty job, especially in areas where jobs are scarce, knowing that you have no option but to bite the bullet. But with UBI, they will quickly have to offer a job worth getting.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    50. Re:Who did they ask? by erapert · · Score: 1

      As an employer, you'll probably have to pay less, too, because now they only want "extra" money from you, not the money they need to sustain themselves.

      But the money to fund the UBI is being taken from the employer in the form of taxes, isn't it? So the employer wouldn't be coming out ahead unless they lobby to lower wages, right? Wouldn't this turn into a tit-for-tat like the reverse of the minimum wage situation where the government would increase the UBI and then employers lower wages to make up for it resulting in very little net change if any but wasting a lot of time and bickering in the process?

      They will have every incentive to cut your pay as close to zero as possible. And what if they cut your pay to the point that (your new salary + UBI
      What if the UBI isn't enough to actually live on? (i.e. because inflation or an economic downturn)

      What if the (UBI + your new salary == barely subsistence)?

    51. Re: Who did they ask? by Highdude702 · · Score: 1

      Woosh!

    52. Re:Who did they ask? by shutdown+-p+now · · Score: 1

      If too many people quit working, we'll just fill those jobs with automation. We actually have a reverse problem - we need to find out what to do with all the people whose jobs are eliminated because automation takes over. UBI could be a part of the solution to that problem.

    53. Re:Who did they ask? by driblio · · Score: 1

      Except people wouldn't be so desperate for jobs. So their reward would be more in line with how necessary they are, not how easy they are to fill. Some of the shittiest jobs (literally) might go up.

    54. Re:Who did they ask? by bluefoxlucid · · Score: 1

      You might find people who will janitor for a hobby, sure. I doubt you'd find a stable and sufficient base of labor that wants to work all the low-income jobs as hobby, though--and even then, not without perceived-fair pay.

      You suggested that you'd be able to pay people an unfairly-low wage (so low it doesn't give them any advantage) because there's no minimum wage and no need for one, and supported this by suggesting that minimum wage is there because people are lacking negotiating power and now they have power because they can just walk and so can negotiate a fair wage. These are conflicting positions. The term for that is "cognitive dissonance".

    55. Re:Who did they ask? by Opportunist · · Score: 1

      No, I suggest that no minimum wage is necessary because if you offer too little for a fucked up job, people can easily give you the finger instead of having to grin and bear it.

      Minimum wage is a necessity exactly because people lack that bargaining position right now.

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      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    56. Re:Who did they ask? by bluefoxlucid · · Score: 1

      Then, why would you be able to pay a janitor $2.40/hr? It wouldn't make any sense. It'd be a lot of work for nothing, and nobody would likely take the job. If they did take the job, they wouldn't likely stay very long at all. You'd have enormous staffing gaps and need to somehow get the janitorial work done, meaning you'd have to pay high wages to get a quick replacement or temporary contractor until you can find the next low-wage guy who will also quit in a week.

      Not that you can't try, but you'll utterly fail. I'd argue that you wouldn't be able to pay a janitor $2.40/hr because nobody would take the job. Note that the AC is also being silly:

      I can believe that people won't necessarily work less, but will we see a mass exodus out of low paying jobs? Is the extra $5K a year you'll make working as a janitor be worth it now?

      Obviously, they'll have to get a viable paycheck.

      Though, on both points, my own Universal Social Security takes a tax strategy that doesn't increase current taxes on anyone, and aims for viability by covering the retail prices of current goods plus risk (overbudgeting). The stable income reduces landlord costs (cost-of-risk: evictions and empty units are expensive, and landlords must divide the periodic cost across everyone's rent, raising rental prices) at low-income rent levels, thus allowing a rental market that today's economy simply cannot support. My model uses 224sqft single-individual apartments and a wide (25%-33%) risk margin.

      The wage to provide a take-home pay matching the Social Security benefit in that scenario is about $4/hr. Doubling your income is kind of attractive; the $8.25/hr current minimum wage provides a pretty good standard-of-living bump over that. My plan also requires (initially) 5.3% OASDI on the payroll side (the paycheck OASDI withholding is replaced by the Universal Social Security withholding) to uphold Social Security retirement payments during the transition period; this is smaller than the 6.2% taken today, so any given wage costs the employer less.

      It's more likely wages can come down without a minimum wage under the Universal Social Security I describe, as such a wage is substantial compared to not having it, and thus the Social Security benefit doesn't supply sufficient upwards pressure to raise wages. Wages wouldn't come down far, however, due to the Social Security benefit being substantial in itself. The impact of wage is also less because the payroll taxes are lower, so purchasing power would increase slightly.

      Therefor both the mass-exodus from low-income jobs and the enormous reduction of low-income wages are unlikely, at best; pressures on both ends exist.

    57. Re:Who did they ask? by Opportunist · · Score: 1

      No, they would not stay for long. Anyone taking such a job would do it because they need some money now for something they wish to buy but UBI doesn't cover. For the time necessary to get the money together they need.

      Would you find people doing the job for 2.40? Depends on how badly you want them. Supply and demand, if a lot of people need money and few no-skill jobs are available, you might have to pay more. More likely, though, you'll get some new temp agencies that deal exactly with this, matching supply and demand.

      What will most likely happen is what has been suggested elsewhere in the thread, that low-skill jobs that are easy or even fun to do will get cheaper, while low-skill jobs that are dangerous and/or hard will get significantly more expensive.

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  3. If I could get say max $16K by future+assassin · · Score: 3, Insightful

    per year extra hell yah I'd still work (Mind you I own my own business) but still $1200 extra per month is a lot of money to do things lots of people wouldn't be able to do other wise. Hell with $1200 extra I could use that to run a second online business.

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    by TheSpoom (715771) Uncaring Linux user here. I have nothing to add to this but please continue. *munches popcorn*
    1. Re:If I could get say max $16K by Jzanu · · Score: 3, Interesting

      Precisely, the provision of minimal support in general simply alleviates some of the burdens of class divide. Enabling more people to exercise creativity and advance the economy has greater gains than the dog-eat-dog model allows.

    2. Re:If I could get say max $16K by ranton · · Score: 1

      per year extra hell yah I'd still work (Mind you I own my own business) but still $1200 extra per month is a lot of money to do things lots of people wouldn't be able to do other wise. Hell with $1200 extra I could use that to run a second online business.

      Well it should be pointed out that if you are a successful businessman you would either see no increase in income or more likely a decrease in income from the implementation of basic income. My arbitrary guess is a family with around $100k in income would see no change in income (they would get a basic income check of $1200 per month and pay $1200 more in taxes per month), while everyone under that gets more money and everyone over that gets less money. Basic income only makes sense when paid for by a progressive tax structure, and someone has to pay for it.

      There could be extra benefits to those who pay more in taxes, however. Basic income would probably lead to a reduction in minimum wage (either real or nominal) so its likely you would see many service jobs drop in price.

      --
      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
    3. Re:If I could get say max $16K by king+neckbeard · · Score: 3, Insightful

      Of course, his business might actually make more money, since more people have money that they will actually spend.

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    4. Re:If I could get say max $16K by Wattos · · Score: 1

      In Switzerland, we had a vote for Universal Income. Here the following system was used. if you have income, you will not get an additional $1200. You will get nothing. The way it works is that $1200 is taken away from your income and then the same amount is placed back.

      This is to make sure that you always have at least $1200 no matter what you do. So if you actually earn already more than $1200, there is no change for you. That means, that you would most likely not get any extra under universal income. Heck, most people will not receive more money

    5. Re:If I could get say max $16K by Anonymous Coward · · Score: 1

      actually you would likely see them increase in wage and these jobs are not fun and usually are not fulfilling people would not do them unless they got PAID. They would likely do other things.

    6. Re:If I could get say max $16K by AlanBDee · · Score: 1

      This needs to be voted up. I never thought about the fact the UBI would change the need for a minimum wage.

    7. Re:If I could get say max $16K by future+assassin · · Score: 1

      Exactly with that $16K per year I could buy $16K worth of extra stock for my store, buy more advertising, donate the money or hire another part time employee which could give me more free time (believe it or not except for a couple long weekends I haven't taken holidays for 5+ years)

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    8. Re:If I could get say max $16K by h4ck7h3p14n37 · · Score: 1

      I think you're greatly overestimating the number of creative and motivated people. They are the exception.

      Many people are intellectually lazy and only want work the minimum that's required to get by.

    9. Re:If I could get say max $16K by apoc.famine · · Score: 1

      And he might also be able to pay people less if the working conditions and work are great. Sewage treatment plant workers are going to become expensive, dog walkers, gardeners, and artists are going to become cheap. Dog lover, UBI, might just walk dogs for free every day. Not enough workers willing to work for free, up the pay a bit until you find some that want to do the job. Not enough people want to work for you at your rates? Either make the job better to work at, or make the rates higher.
       
      It's going to be very disruptive to businesses, because we currently don't know how much jobs need to pay to be worth doing. Right now, plenty of people hate their jobs but don't want to starve. It's hard to predict, but some businesses are going to be really hard hit by UBI, and some are going to hugely benefit from it.

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    10. Re:If I could get say max $16K by king+neckbeard · · Score: 1

      It will be disruptive, but disruptive in the way that workers are able to reasonably negotiate with employers. Basically, all that supply and demand stuff starts actually working more like the textbooks.

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    11. Re:If I could get say max $16K by apoc.famine · · Score: 1

      I just posted this elsewhere, but I'll summarize here: Now, a business competes for workers against other businesses and against starvation and homelessness. That's not good competition, as the other companies have the same players. With UBI, they're now competing against other businesses and UBI for workers. That ups the ante significantly.
       
      If you have to reasonably treat your workers, because they don't need you, the amount of money you can pay your CEO, shareholders, and horde overseas goes down very quickly. But where does the money go? Back into the economy, because it's going back to workers to make them happy. And taxed in the process. Then they spend it in businesses, (taxed in the process) more goes back to the workers, and the cycle repeats.
       
      This is an implication of UBI that I didn't get until today, in this thread. I like it.

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      Velociraptor = Distiraptor / Timeraptor
    12. Re:If I could get say max $16K by shutdown+-p+now · · Score: 1

      UBI is supposed to replace most existing welfare schemes, not be added on top of them. So don't forget to factor that into account.

  4. Stundy out of Iran? really ?? by Bradac_55 · · Score: 1

    yea becouse I'd believe anything coming out of Iran ... not. /. is really stretching here.

  5. And the report also provides no evidence of by Anonymous Coward · · Score: 1, Informative

    Where the money would come from. Google says there are 243,000,000 working age people in the US. Multiplied by $16,000 that is

    $3888000000000

    lol

    1. Re:And the report also provides no evidence of by borcharc · · Score: 3, Informative

      it's basically 4 trillion dollars so they would have to double the federal budget to pay for this. Bare minimum, everyone's tax rate doubles. This is based on total outlays vs total income. Remember that FICA is just another source of income for the feds, an effective ~15% tax before any income tax is considered. Then there is all the excise, corporate, etc taxes. It's easy to say they can get the money, but there are not enough rich people to just stick with the bill. It will land on the middle class like every other tax increase does and we will be stuck with a standard of living much closer to those on universal basic income.

    2. Re:And the report also provides no evidence of by AvitarX · · Score: 1

      A consumption tax.

      It'd have to be high, and would eat some of the benefits, but a 25% consumption tax should cover it (quick Google has us consumer spending around 12 trillion).

      You also get some of it by rolling back SS payments for people that have had the basic income their whole life.

      If it's a 25% consumption tax, you get a benefit from it up to almost 100k.

      Here's a smarter look at how it could really be done (uses a lower number and makes assumptions about low income businesses starting).

      https://bluecollarlunch.wordpr...

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    3. Re: And the report also provides no evidence of by PopeRatzo · · Score: 1

      3.888*10^12 is 3 Trillion 888 Billion.......

      Nobody told me there would be math in this comments section.

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    4. Re:And the report also provides no evidence of by ranton · · Score: 1

      Where the money would come from. Google says there are 243,000,000 working age people in the US. Multiplied by $16,000 that is

      $3888000000000

      lol

      That is ridiculous. Obviously not everyone would see a net increase of $16k per year. There would be some threshold where people make $16,000 per year in basic income and pay an extra $16,000 in taxes per year (lets say at around $75k household income). Everyone under that threshold gets more money because of basic income and everyone over that threshold are the ones funding the program.

      The bottom 50% of income earners currently pay 2.75% of federal income taxes. It's safe to say these are the ones who would benefit most from a basic income. People at the halfway point would be the ones neither gaining or losing from the program. So of the 300 million 18+ year old Americans, about 150 million would receive a net benefit of around lets say $10k, giving a total price of $1.5 trillion.

      We currently spend $400 billion in welfare at the federal, state, and local level. Police and prisons are another $230 billion. Take away 80% of welfare spending and 25% of police / prisons because of basic income and that is a savings of $350 billion. This brings the total price to $1.15 trillion. If you include income taxes and half of payroll taxes, that would bring the cost to taxpayers directly to about $750 billion. The rest would be paid for from increases in other federal income sources.

      Since this would probably be done in a very progressive way, like today's federal taxes, the top 5% of wage earners (making over $200k household income) would pay about 60% of this cost. With the majority of that being paid for by the top 1%, and the majority of that being paid for by the top 0.1%.

      People making between $75k-$200k in income would probably see income tax increases between $150-$400 per month.

      --
      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
    5. Re:And the report also provides no evidence of by stdarg · · Score: 1

      Take away 80% of welfare spending and 25% of police / prisons

      That's pretty optimistic, especially the police/prisons part.

      If you include income taxes and half of payroll taxes

      Are you saying recovered income and payroll taxes on the UBI payments?

      People making between $75k-$200k in income would probably see income tax increases between $150-$400 per month.

      Jeeze we're slowly turning into a slave society where the middle class works for the unholy alliance of the ultra rich and the dirt poor. About half of all births are on Medicaid now, and the rich get to virtue signal by raising taxes.

      I hope the middle class has the foresight, while still a voting majority, to do something like say "Receiving UBI payments requires you to get long term birth control."

    6. Re:And the report also provides no evidence of by slew · · Score: 1

      it's basically 4 trillion dollars so they would have to double the federal budget to pay for this. Bare minimum, everyone's tax rate doubles. This is based on total outlays vs total income. Remember that FICA is just another source of income for the feds, an effective ~15% tax before any income tax is considered. Then there is all the excise, corporate, etc taxes. It's easy to say they can get the money, but there are not enough rich people to just stick with the bill. It will land on the middle class like every other tax increase does and we will be stuck with a standard of living much closer to those on universal basic income.

      Although you are technically correct that FICA is a source of income for the FEDs, it comes with it's own liability (future Social Security payouts) which are actuarially high enough that it has negative net current value. Presumably basic income means that now we can do the politically unpopular maneuver of increasing the retirement age to move it to solvency at net-zero (where it should be)...

      Not that I'm actually for UBI (I think it fails for other reasons), but FICA shouldn't be a consideration here...

      Of course any "bill" for UBI must fall on the middle class. That's the way everything works in the tax world. Corporations and the rich can move their money around (e.g. internationally) to avoid most types of taxes and the easiest taxes to collect are generally highly regressive (like VAT).

    7. Re:And the report also provides no evidence of by BadDreamer · · Score: 2, Informative

      It is 6.5% of GDP. Current US Social Security is ~5% of GDP. In other words, it is not much more than is being spent right now.

    8. Re:And the report also provides no evidence of by borcharc · · Score: 1

      If FICA went into a real trust account it would be worth considering, bu tit doesn't. All of the proceeds go into the general fund and are spent on current bills. It's a tax disguised as something else and is part of the gross receipts of the federal government. Its expenditures are part of the gross outlays. So if you remove FICA revenue and SS related revenue, you need to dramatically more than double the every tax rate, as FICA accounts for about 1/3 of federal revenue http://www.pgpf.org/finding-solutions/understanding-the-budget/revenue

    9. Re:And the report also provides no evidence of by werepants · · Score: 1

      Wrong. The only sensible way to implement UBI is with tax reform, and a sensible tax reform would cause all income past UBI to be taxed on a progressive scale. Or heck, you could even just implement a flat tax on all income past the UBI, which effectively acts as a progressive tax structure, with your tax rate starting at 0% (or actually negative, depending on how you want to define it) for somebody who earns nothing and lives purely off of UBI, and asymptotically approaching 25% for people that make more and more money. With a UBI of $12k/yr and though, that means that starting at $48k/yr, you are actually paying as much in taxes as you're getting from UBI so you're economically neutral. Anybody over that amount is contributing to the system.

      So UBI multiplied by the # of working people is the wrong formula. A subset of the population will be drawing from the system, most people will be contributing (just as it is today). Add in the fact that welfare and social security could be done away with to reclaim ~$1.5T, and it becomes fairly easy to devise a set of parameters that make the system cash neutral or even have it come out as a net gain. Of course, the specific details depend on exactly how much you give for UBI and exactly how you implement taxation. At the end of the day though, the only thing that makes UBI fiscally unworkable is bad math.

    10. Re:And the report also provides no evidence of by h4ck7h3p14n37 · · Score: 1

      It will land on the middle class like every other tax increase does and we will be stuck with a standard of living much closer to those on universal basic income.

      The older I get the more I believe that's the intended goal. Create a bifurcated society with the ultra-wealthy running things politically and the poor dependent on the ultra-wealthy for handouts.

    11. Re:And the report also provides no evidence of by Pfhorrest · · Score: 1

      this constant "where will the money come from" panic ignores WHERE THE MONEY WILL GO: right back to the same populace who are paying the taxes to fund it. For people in the middle income ranges, what it pays them and what it costs them largely cancels out, and they see neither significant cost nor benefit. the rest of the people at the bottom get a little hand up, and the people at the top have easily more than enough income to fund that. the gradual tapering of the long tail is important: you're not asking the top 1% to pay each of the 99% the full basic income, you're asking everyone to pay it, and everyone gets it, and yes the people at the top bear the bulk of the costs but the math works out very differently than you keep spewing.

      the most straightforward way to design an ubi is to take whatever basic income you want to pay out, divide it by the mean income, and add a new flat tax at that ratio (basic income over mean income) to everyone's taxes. by definition, this means that people making the mean income see no cost or benefit. the net effect on everyone else is that their post-ubi-and-tax income shifts from wherever it was before toward the mean income by whatever that percent was. that means that even if we had a basic income of HALF the mean income, which is roughly the current MEDIAN income, so more than half of the people would see their incomes more than doubled, there would, necessarily, be enough money among those above the mean to pay for it, and the richest of the rich would still be making way more than the mean income.

      Run some simple numbers and see. The mean personal income is presently close to $50k, and let's say we had a basic income of 25% of that, a little over $1k/mo.

      $1,600,000 * 0.75 + $12,500 = $1,212,500 still left over, so millionaires are still millionaires even
      $800,000 * 0.75 + $12,500 = $725,000 still left over
      $400,000 * 0.75 + $12,500 = $312,500 still left over
      $200,000 * 0.75 + $12,500 = $162,500 still left over
      $100,000 * 0.75 + $12,500 = $87,500 still left over
      $50,000 * 0.75 + $12,500 = $50,000, the break-even point at the mean personal income
      $25,000 * 0.75 + $12,500 = $31,250, around the median personal income
      $12,500 * 0.75 + $12,500 = $21,875
      $6,250 * 0.75 + $12,500 = $17,187.50
      $3,125 * 0.75 + $12,500 = $14,843.75
      $1,562.50 * 0.75 + $12,500 = $13,671.88
      $0.00 * 0.75 + $12,500 = $12,500

      And all of that is necessarily revenue-neutral. Then you can tax normal taxes on those post-UBI-and-UBItax incomes, except those normal taxes would be much lower because of all the programs that can be cut once the UBI replaces them.

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    12. Re:And the report also provides no evidence of by apoc.famine · · Score: 1

      Not just bad math. Math also based on the assumptions that companies will be able to continue to hoard money like they do currently. A number of them are going to get very poor very quickly with UBI, because people aren't going to keep working for them if UBI means that they don't have to anymore. Walmart is one good example. Fast food joints, janitorial services, telemarketing and helpdesk, data entry and a lot of manual labor jobs.
       
      I would expect that there will be far more people in the "well above UBI" with UBI than without, because every business is now competing with UBI for workers rather than competing against homelessness and starvation. You can't abuse and shit on your workers when they lose very little by not taking your shit any more. For this reason, if you want to keep your workers, they are now a commodity. They are now a valuable resource that you're going to have to foster, coddle, and play nice with. All that is going to cost companies money, and that's a good thing. Every dollar that goes back into the economy helps it a ton. Every dollar hoarded stunts it. And this is true in large part EVEN FOR THE COMPANIES HOARDING THE MONEY! FFS, Apple could buy something like a hundred million iPhones with the cash they have on hand. If that was in the hands of the general population, that would be significant.

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    13. Re:And the report also provides no evidence of by tricorn · · Score: 1

      Flat tax of 45%, plus a VAT of 25%, with a UBI of $2000/month ($800 for dependent children), pays for itself and has taxes at or lower than current for people making $80000 or so (which would be $160000 for a couple with no kids). Assumes all welfare costs end other than medical (but those drop significantly as well).

      Needs to be paired with Universal Health Care (e.g. Medicare For All).

    14. Re:And the report also provides no evidence of by Pfhorrest · · Score: 1

      You're doing something wrong with your math.

      Pick any UBI amount less than the mean income, as luxurious as you want it to be with that one constraint.

      Tax everyone at the ratio of that basic income over the mean income to fund it.

      That tax is guaranteed to exactly fund it, because that's how averages work (x% of each member of a set sum up to x% of the average of the set), and there is guaranteed to be enough money to fund it, because you're only taking a fraction of anyone's income.

      Now everyone who was making below the mean income will get more from their UBI than they pay in taxes to fund it (the x% tax on an income below the mean is less than the x% of the mean income paid out, duh). Currently that is about 75% of the population. (Remember, mean is not the same as median). So no matter what UBI amount you pick (so long as it's below the mean income), it is mathematically guaranteed that there is enough money to fund it while providing a net benefit to the vast majority of the population.

      And that percentage of the population who see a net benefit varies only with equality of income distribution: the more wealth concentrates at the top, the higher the mean rises above the median, and the more people are guaranteed to see a net benefit; while the more equally incomes are distributed, the closer the mean and median get, and the smaller a percentage of people see a net benefit, but then a smaller percentage would need it in that circumstance too.

      --
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    15. Re:And the report also provides no evidence of by Pfhorrest · · Score: 1

      (x% of each member of a set sum up to x% of the average of the set)

      Oops, that should be:

      (x% of each member of a set sum up to x% of the sum of the set)

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    16. Re:And the report also provides no evidence of by stdarg · · Score: 1

      If someone is willing to accept a fairly menial existence, you do not need crime to fund your lifestyle. You can get on welfare, public housing, food stamps, etc. Drug dealers go into it because they want to actually be rich and have power over others, not "oh gee I wish I had like $16k/year income." UBI won't change that at all.

  6. What would stop employers from lowering... by Anonymous Coward · · Score: 1

    What would stop employers from lowering their salaries by whatever the "universal income" amount might be, thus reducing their salary expenses, and leaving the employees with the same net (minus any credits they'd get for stuff like social security, etc)?

    1. Re:What would stop employers from lowering... by rholtzjr · · Score: 1

      Net effect, the rich stay rich and everyone else is in the same situation they were in. There is only one reason why people are pushing this. It will allow them to stay in power. If we follow the money from which this will all come from, it will show who is trying to establish their control over not just a single country, but the world. Once they accomplish this, reversing it will almost impossible except outright conflict.

    2. Re:What would stop employers from lowering... by borcharc · · Score: 4, Informative

      Rich are fine and the middle class gets their standard of living dragged far closer to those on UBI. It is a fact that the rich can not pay the bills, they are too large. The middle class will be the ones who pay for this.

    3. Re:What would stop employers from lowering... by ShanghaiBill · · Score: 1

      What would stop employers from lowering their salaries by whatever the "universal income" amount might be

      The free market for labor. You can't just arbitrarily lower salaries and still expect to be able to attract enough workers. If anything, employers will need to raise salaries, since potential employees will have less incentive to work.

    4. Re:What would stop employers from lowering... by PhrostyMcByte · · Score: 4, Insightful

      If anything, employers will need to raise salaries, since potential employees will have less incentive to work.

      Employers would need to get better in all parts. When the populace no longer fears for their lives upon losing their job, they would be far more apt to quit a shitty job to find something better. Over a generation or two it'd weed out bad businesses, making the country more efficient with higher quality output and faster economic growth.

      But I don't know what I'm talking about. Walmart would probably find a way to game the system like do currently.

    5. Re:What would stop employers from lowering... by king+neckbeard · · Score: 3, Informative

      The drastic reduction in desperate workers gives employers less leverage.

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    6. Re:What would stop employers from lowering... by stdarg · · Score: 1

      There's a difference between bad businesses and businesses with employees who don't want to be there.

      I mean there are plenty of "good" retail shops, but they still don't pay well and the jobs aren't intellectually fulfilling.

      I guess the assumption is these are also the businesses most capable of being automated.

    7. Re:What would stop employers from lowering... by borcharc · · Score: 1

      $727 billion in income was reported by the million-and-up set in 2009, based on the adjusted gross income line on the federal tax return. In the same year, you could have run the $3.5 trillion federal government for about 2.5 months on that income. The rich do not have enough money!

    8. Re:What would stop employers from lowering... by pellik · · Score: 1

      When you have money it's not "income" until you spend it.

  7. Hunger by DanSeapants · · Score: 1

    I am pretty sure I only work to be able to keep up my lifestyle, which is around 15k. The 45k on top of that is a nice-to-have.

    1. Re:Hunger by maglor_83 · · Score: 1

      So what you're saying is that if you got a UBI, you WOULD sill work, because that extra money is nice to have. Which makes sense. There are not many who would want to live on/below the poverty line.

  8. Strawman Much? by hwihyw · · Score: 5, Insightful

    The argument against basic income is not about laziness, it's where the money comes from. Gather 5 of your friends and implement basic income. Those who earn less than the BI gets paid by money collected from those who earn more than the BI. Post back the results. Do it among 10, 20, or 30 of friends, all without the need for any government or politicians. Good luck.

    1. Re:Strawman Much? by OYAHHH · · Score: 1

      Yes, And the people who are paying are just as pissed about it.

      Just sayin'.

      --
      Caution: Contents under pressure
    2. Re: Strawman Much? by PoopJuggler · · Score: 3, Informative

      I'm not pissed about it. Only wankers get pissed about helping out the needy. It's an investment in the future of this country, and it benefits everyone. Less problems, less crime, less strain on medical services, more productivity. Yeah, maybe you can't afford that new big screen TV because of it. Boohoo.

    3. Re:Strawman Much? by king+neckbeard · · Score: 1

      The money comes disproportionately from the people that hold a grossly disproportionate amount of the wealth.

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    4. Re: Strawman Much? by stdarg · · Score: 3, Interesting

      Only wankers huh. What a compelling argument.

      I'm pissed about it because it's destroying civilization. Every benefit you said is a lie.

      Well, I take that back, it's not "helping the needy" it's HOW they help the needy. Unrestricted welfare and medical care creates more problems than they solve for societies, developed and developing. In the US, about half of babies are born on Medicaid. The Medicaid budget is out of control. And yet poor people have the most kids. That's not a very good cycle to be in. Just read an article about England's NHS service considering a plan to let people prioritize their appointments by paying extra, because they need the money. Germany is spending billions on welfare for refugees, and there's basically an unlimited supply of refugees... they can overwhelm any budget. (And yes that's related, the refugees are passing up relatively stingy countries and being drawn to countries with better welfare benefits such as Germany and Sweden.)

      You need to take a look at the median income worldwide sometime. Then consider whether you reeeeeally want to redistribute wealth to "help the needy." There are too many needy. Help for the needy has to be done in concert with stuff like long term birth control. And it has to be done in a way that doesn't interfere with the producers of wealth, i.e. the middle class. Otherwise it's the equivalent of eating your seed corn.

    5. Re:Strawman Much? by stdarg · · Score: 1

      So we're taking from the most productive and giving to the least productive? Sounds like a recipe for success...

    6. Re:Strawman Much? by Actually,+I+do+RTFA · · Score: 1

      It's illegal for me to beat my friends and just take their money. It's actually legal for the government to use force to get what it wants.

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    7. Re: Strawman Much? by JonnyCalcutta · · Score: 4, Insightful

      Just read an article about England's NHS service considering a plan to let people prioritize their appointments by paying extra, because they need the money.

      You need to look into this more before using it as an argument. The reason the NHS in 'England' is suffering is because of Conservative party policies. Ideas like these are floated because it is (Conservative) Government policy at the moment to run down the services and thus show that the NHS needs more privatisation. This is not speculation - current Government ministers have been involved in writing planning documents and books outlining just these policies.

    8. Re:Strawman Much? by king+neckbeard · · Score: 1

      Now, we're taking from people like the Koch family, who inherited money and industry from their father, a man who literally sold oil refineries to both Stalin and Hitler. They have since used that wealth to buy off politicians for favorable policies that allowed them to multiply your wealth.

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    9. Re:Strawman Much? by king+neckbeard · · Score: 1

      No, we're taking the money back from the legalized thieves who've been stealing from the rest of us for the last few decades. It's even in those thieve's rational self-interest, since starving people are less productive, less violent, and less hygienic, and they couldn't spend all of their money even if they, their children, and their grandchildren, spent the rest of their lives snorting miles of the finest cocaine. However, man is not a rational animal, he is a rationalizing animal. Thus, the ultra-wealthy cling desperately to all the money they can despite those facts.

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    10. Re:Strawman Much? by Gryle · · Score: 1

      The money comes disproportionately from the people that hold a grossly disproportionate amount of the wealth.

      I'm genuinely curious as to what you consider proportionate. I see these "fair/proportionate/just"-style arguements used often, but I've rarely seen anyone put numbers to them. How do we decide proportionality? How much money is too much? Please use actual numbers in your reply.

      --
      Only two things are infinite, the universe and human stupidity, and I'm not entirely sure about the universe - Einstein
    11. Re:Strawman Much? by Anonymous Coward · · Score: 1

      Good Lord, the assumption that the wealthy are the "most productive" is patently absurd.

      The wealthiest are the wealthy for a plethora of reasons, but hardly because they are typically the "most productive".

    12. Re:Strawman Much? by pellik · · Score: 2

      Ok, but now exempt those 5 friends from paying social security, from paying any taxes that contribute to welfare, or any taxes that pay for or run any other wealth redistribution scheme already in effect. Then give them payments equal to the massive tax incentives given by local and state governments to corporations looking to bring jobs to their area. Those 5 friends might just do alright.

    13. Re:Strawman Much? by udachny · · Score: 1

      Same user, backup account. Cannot comment from the first account for another 12 hours or so.

      You managed to miss the entire point of my comment, of course this is unsurprising, it is impossible for you not to miss it, you are rationalizing the theft, you are gaining from it.

      The point is (again) that the theft leads to government growth that collapses the economy, you are not a super wealthy, so you need a functioning economy, yet you will destroy it with the policies that inevitably lead to borrowing and printing of the money by the ever growing government to pay for the unsustainable growth.

      As to the wealthy who are tied to the government and can use those connections to steal through the government - your policies create them.

      The last few decades are the result of the collectivist policies backfiring, we are at the end of this cycle, you are not the lucky one to squeeze your life between the beginning and the end points of the gain received from the theft.

    14. Re: Strawman Much? by jimbolauski · · Score: 1

      I don't have a problem with helping the needy, I donate about 10% of my income. I do have a problem with the confiscation of my income so other people can feel good about helping others with my money.

      --
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      P= W/t
      t=Money
      Money = Work/Knowledge so the less you know the more you make
    15. Re:Strawman Much? by DarthVain · · Score: 1

      Not really a fair comparison. You're assuming that personal income is where all the money comes from. Government in run using multiple sources of funding, and while Income Tax isn't a trivial amount, it isn't the only thing that pays for everything. Corporate tax is another big example, services, fees, permits, licences, trade, markets, sales, royalties, etc... Your own example is a huge strawman, not sure if you were intentionally trying to be ironic or not.

    16. Re:Strawman Much? by werepants · · Score: 3, Insightful

      This happens regularly, actually. At the most basic level, in families, when one member has a physical or mental illness that prevents work, or when somebody loses a job, what do you think happens? Somebody with extra space offers a couch or a basement for a while, etc. Parents support adult children, spouses live off of a single income for a while, etc.

      The same thing happens in church communities and presumably other, similar groups - people pool resources to help those in need.

      It's a fundamentally decent thing to do. Basic income isn't meant to be a freebie to allow free loaders to lay around, but to help people in a rough patch. In a similar way, families support members in need. In both cases, sometimes the system can be taken advantage of, but that's just an inherent part of human nature, and you do what you can to incentivize self-sufficiency.

    17. Re:Strawman Much? by sjames · · Score: 1

      But it turns out, often the least productive are the ones who end up with the bulk of the income.

    18. Re:Strawman Much? by king+neckbeard · · Score: 1

      No, I'm not claiming that all rich people stole their money. However, there is a certainly level of wealth that is no mathematically possible to have been earned. The Koch brothers have $40 billion each. If I made $40k a year, paid no taxes, and saved every penny of it, it would take me literally a million years to have as much money as they do. Sure, you can say that they were smarter or worked harder, but when it takes 5 times as long as modern humans have existed to catch up, Occam's razor says that they either stole a substantial portion of it, or they can leap tall building in a single bound. Since no billionaires have adopted the superhero life, it would seem that the former conclusion is correct.

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    19. Re:Strawman Much? by king+neckbeard · · Score: 1

      How cute, you think tens of millions is rich.

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    20. Re:Strawman Much? by udachny · · Score: 1

      Wrong, they didn't steal any money, the collective is stealing from them all the time and they do fight back of course.

      Your comparison of a wage earner against money that a business makes is invalid. You can only sell your own time and labour, a business serves millions (in case of Kochs it sells to billions) and the owner is not paid a wage, he is getting a return on the investment.

    21. Re:Strawman Much? by king+neckbeard · · Score: 1

      AC above did a pretty good job of it. Now, you can argue about where exactly to draw the line, but a clear example would be the Koch Brothers. That they inherited money from their father, who earned it largely by selling oil refinieries to both Stalin and Hitler, just adds to the cartoonishness of it. If I was working a job that netted me $40k a year, I paid no taxes, and saved every penny, it would take me literally a million years to reach their $40 billion mark. For reference, that's 5 times the length that modern humans have been around. Thus, they've either gamed the system, or they grow strong under a yellow sun. If that's the case, we should feel safe shooting bullets at them.

      Plus, executive pay has gone up far faster than the pay of the average worker, especially in the US. Management is becoming less and less relevant to productivity, and yet they are getting more and more of the gains from increased productivity.

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    22. Re:Strawman Much? by king+neckbeard · · Score: 1

      and the most profitable investment is in buying off the government. The people I'm attacking are the people that an actual free market would have eviscerated years ago.

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    23. Re:Strawman Much? by UnknownSoldier · · Score: 1

      > The argument against basic income is not about laziness, it's where the money comes from.

      ^ THIS.

      Robbing Peter to pay Paul means that eventually you run out of other people's money.

    24. Re: Strawman Much? by h4ck7h3p14n37 · · Score: 1

      If you want to help the needy you should contribute to charities. The taxpayer should not be expected to subsidize poverty.

    25. Re:Strawman Much? by udachny · · Score: 1

      Kochs would do fine in any market, but if it is the free market that you are after then you cannot simultaneously advocate for any form of income and property taxation and redistribution. Income and wealth taxation is the opposite of the free market, incompatible with it. Government ability to tax income and wealth is what destroys the concept of the free market.

    26. Re:Strawman Much? by king+neckbeard · · Score: 1

      I didn't say I advocated a free market. But the defense of the Koch's is essentially a free market defense, and they are the furthest thing from a free market. Just the property damage their pollution causes would be enough to bankrupt them, were it not for the highly preferential treatment they get.

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    27. Re:Strawman Much? by h4ck7h3p14n37 · · Score: 1

      Those 5 friends would still pay those taxes, but they would go towards funding UBI instead of Social Security, Medicaid, etc.

    28. Re:Strawman Much? by udachny · · Score: 1

      It is interesting, you are not advocating for the free market yet you admit that in a free market there wouldn't be the type of theft by some of the wealthy you are complaining about.

      I never deny that in presence of government interfering with the market there is abuse by some of those who can buy the power, that's because the power is for sale. Clearly the solution is to ensure that there is no power that could be sold.

      Your solution is to increase the amount of power allocated to the government and then somehow hope that for some reason there would be less theft? I don't see how you can hold these opposing views simultaneously.

    29. Re:Strawman Much? by king+neckbeard · · Score: 1

      Overall, I want a lot less government, I would just prefer it be in the right areas. I'm talking about getting the government off the backs of 99% of the population, and shifting corporate regulations from creating barriers to entry to protecting against abuse from oligopolies.

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    30. Re:Strawman Much? by getvinod · · Score: 1

      strawman, You hit nail on the head.. the Idea is only good if it works in a group.. what better way to test within family and friends then... i m sure it will not be quite easy to explain. No one likes to serve free lunch ! good luck to all those who have the courage to discuss this idea..... I SAY: " If I stop work for a few some time, will you all (friends) support me and my family for 6 months (pay me $1200/month).. and expect no returns.." THEY : you need a psychiatrist !! I SAY : Forget it.. --End of discussion--

    31. Re:Strawman Much? by Gryle · · Score: 1

      Interesting and food for though. Thank you for a good-faith response.

      --
      Only two things are infinite, the universe and human stupidity, and I'm not entirely sure about the universe - Einstein
    32. Re:Strawman Much? by shutdown+-p+now · · Score: 1

      I'm one of those people whose tax bill would increase if we implement UBI. I'm fully in support of it.

    33. Re:Strawman Much? by nctritech · · Score: 1

      Top earners use automation to increase per-worker productivity. The worker that becomes more productive does not reap any benefits from the heightened productivity; wages and hours remain the same while the company either pushes out more product on the same count of man-hours or jobs are eliminated. Historically this worked out okay because the automation required replacement jobs that the displaced workers would shift to. What we are currently living through is a form of automation unlike any in history, where there may be one new replacement job for every hundred workers displaced.

      Technically, the top earners have not stolen anything. Ethically speaking, however, they have improved their ability to make money off of their workers while sharing none of the benefits with those workers. The corporate machine is oiled with the blood of the workers. Total capitalism is as bad as total socialism; there must be a balance or everything goes to pot.

      Apple is a great example of where this ultimately goes. Apple Computer has an astonishing amount of cold hard cash at its disposal that is doing nothing other than sitting in a bunch of banks. That cash has effectively been removed from the economy. The richest people in the world have hoards of cash that they will never use. The wealth concentrates in the hands of what you call "the top earners" and is permanently removed from the economy. This process very literally shrinks the economy. They have plenty of cash to ride out decades-long recessions while the workers that actually do the real work that funnels the dollars up to "top earners" has no savings and becomes more destitute as a result of the economic conditions created by this cash hoarding.

      But go on, continue to insist that the people at the very top hoarding their cash is a good thing and totally okay because "they've earned it." At some point your house of cards comes crashing down, and I can pretty much guarantee that you aren't one of these rich people that will escape a new automation-fueled recession unscathed...only further begging the question: why do you have a problem with taking money back from the wealth concentrators when you'll never EVER be one of them?

    34. Re:Strawman Much? by stdarg · · Score: 1

      No, not the bulk of income. Some unproductive people get a lot of assets through inheritance, but they can't make much of it. If they have the bulk of the income then they are doing something productive with their inheritance.

      Even a huge asset advantage evaporates over time though. I'm not going to look up the hard numbers now (I did it once) but if you want to see something very informative, try this... figure out the percent of GDP that Rockefeller owned in terms of either income or assets. (It makes him the richest man in US history by a big factor, like more than 10x as rich as Bill Gates). Now find the richest living descendant and do the same calculation. From what I recall, it was something like a 98% reduction.

    35. Re: Strawman Much? by stdarg · · Score: 1

      https://www.kingsfund.org.uk/b...

      Looks like the NHS budget has only been lowered a few times in the last 50 years (and this chart includes the effects of inflation).

      How exactly is this running down the service? Because it isn't given an unlimited budget?

      What you're essentially saying is that despite consistent budget increases above inflation, because those increases weren't *big enough* the service is degrading. Can you clarify why this isn't a good example for me to use about how caring for the needy is a neverending black hole for money?

      And please keep in mind, I was replying to a post that said "It's an investment in the future of this country, and it benefits everyone. Less problems, less crime, less strain on medical services" -- so theoretically the NHS budget could be shrunk after we help the needy some... obviously that doesn't happen because it's complete BS.

    36. Re: Strawman Much? by stdarg · · Score: 1

      The refugees are due to imperial policies of the US and vassals of destroying functioning states like Syria and Libya.

      Exactly. And if you look back at the rhetoric, in the modern age this kind of interference is always phrased as helping people. We're going to liberate the people of Iraq! We're going to help the people oppressed by Gaddafi! Assad is evil, we have to help his people! Etc. Another example of painting someone as "the most needy" and then fucking over our own people for their benefit.

      A small caste of weapons dealers and crazed globalists enrich themselves while tens of millions are impoverished

      I really don't know. You might be right but it almost seems too evil.. I like to think that a lot of people who support this kind of thing really do have good intentions and are just bumbling idiots.

      Mentioning Germany and forced sterilization in the same bunch of sentences is funny.

      Birth control isn't sterilization but yeah I know. Germany wouldn't have to even do that, they would be fine if they just ended the refugee nonsense.

    37. Re:Strawman Much? by stdarg · · Score: 1

      Not really. I didn't assume that all of the rich were the most productive. But the majority are.

      Oh also, don't confuse productivity with hard work. Sometimes that's how it is, but not always. Elon Musk is more productive in a 1 hour meeting than the noble savage you have in mind who gets up at 4am, trudges to their job at McDonalds, works until 11pm without a single break, etc. I hope you understand that.

    38. Re:Strawman Much? by sjames · · Score: 1

      Yes, the bulk of the income. Someone sitting on their ass collecting interest and dividends is not being productive, they're sitting on their ass being a lump.

      A bunch of glad-handing CEOs in a room are not being more productive than the thousands of employees putting in 10 hours a day, they're just being paid 800 times as much. Not claiming they're doing nothing, just that they're not exactly the best value for the buck.

      As for the tendency for the fortune to fade over generations, that represents multiple generations of non-productive people living it up big dividing a one time windfall ever finer as they reproduce. David Rockefeller (passed in March) had 3 billion dollars. That is, enough to last hundreds of families a lifetime. Looks like another couple generations of non-producers that will never have to wonder what anything costs.

    39. Re: Strawman Much? by JonnyCalcutta · · Score: 1

      http://www.independent.co.uk/v...

      You don't have to reduce the budget to run it down. The point is they are privatising it by the back door, therefore any user fees added are part of a long term political policy and not directly to do with budgets. Really the issue is talking about the NHS as something to help the needy - it is not medicaid or whatever programs they have in the US to help the needy. It is how we run our health care, for everyone, needy or not (and Conservative policy not withstanding). Comparing it with programs for the needy is comparing apples and oranges.

    40. Re:Strawman Much? by stdarg · · Score: 1

      Warren Buffett makes a lot of money from dividends. Only an ignoramus would say he isn't productive, btw. But let's look at his sources of income for an example. Buffett's top holding right now is Wells Fargo. Let's look at their expenses for the first quarter of 2017. https://www08.wellsfargomedia....

      Let's see, money returned to shareholders, $3.1 billion, which includes dividends and share repurchases. So that includes INDIRECT money given to shareholders. It's a very generous measure for what we're talking about.

      And then under noninterest expenses we have salaries, commissions, and employee benefits $8.7 billion. I won't include stuff like "outside professional services" which was probably mostly salaries (lawyers, outsourced programmers, etc).

      So at one of the biggest companies, and the biggest holding of one of the biggest unproductive dividend leeches (if you think of him that way), with the very generous measure of shareholder money vs employee money, we see employee payments are a large majority.

      I actually had a hard time finding a hard number of "total amount of dividends paid in the US" vs "total wage income in the US" -- if you can find reliable numbers for those to disprove what I'm saying, I'd be glad to hear.

      As for the tendency for the fortune to fade over generations, that represents multiple generations of non-productive people living it up big

      The Rockefellers diluted their $500 billion fortune (adjusted for inflation) into chunks of $3 billion in 2 generations. I don't know how it's possible. They are some of the most inept people on Earth. I mean are you seriously going to begrudge the guy his less than 1% share of his grandfather's net worth? I'd be embarrassed if I were him for not making more of myself. At this rate in a couple more generations the Rockefellers will be running McDonalds franchises. IF they qualify.

    41. Re: Strawman Much? by stdarg · · Score: 1

      Are you suggesting that they want to charge these fees in order to make the NHS look bad even though they don't need the money? That's a bold claim that I haven't seen argued in any reports.

      I'm not an expert on the NHS, but I am interested in healthcare costs so I read a little bit about lots of different healthcare systems. I'd love to see something official from the NHS saying in more polite terms "No, don't give us more money, we don't need it or an equivalent tax increase. This fee is not our idea, it's being imposed on us in order to make us look bad." Or have I misunderstood what you meant?

      Anyway, as to your point about NHS vs Medicaid, that's true, but only just. The largest cost driver for health care costs everywhere in the world is poor people, which includes old people on fixed incomes. In the US that is handled under Medicare, but really it's no different than Medicaid except for the age requirement. If you add the budgets together it's astronomical. As far as I know, the NHS is in the same boat... an aging population, plus filling in "missing population growth" with mostly poor immigrants, means you have to raise taxes or add fees to pay for it.

    42. Re:Strawman Much? by sjames · · Score: 1

      Buffett has done productive things, but the dividends don't come from those and much of his fortune is not derived from productive work. Unlike some, he appears to know that. The productive work is probably worth 150-200K/year.

      Your figures should include interest expenses (economic rent for the non-productive). "outside professional services" is likely far too complex to analyse for a simple discussion, so I'll grant that.

      As for the Rockefellers, you're happy with the most inept and unproductive people on Earth living in luxury due to an accident of birth, but hesitate to make sure others have at least the basics to live on because it might impact the Rockefellers' caviar budget?

    43. Re: Strawman Much? by JonnyCalcutta · · Score: 1

      No, I'm suggesting they want to encourage those fees to build momentum away from the principle of 'free at the point of use' (which is one of the founding principles of the NHS). Any change from that is a political decision that can only be controlled by the Government. The NHS doesn't petition for money - it is apolitical (in as much as it is run by the Government through the Department of Health so follows Government policy).

      It really comes down to how you pay for your ageing population and poor people, doesn't it. I'm happy with the NHS - free at the point of use (but then you might call me a socialist). If that involves raising taxes then I'm fine with that. How would you propose to deal with the costs of poor people and the elderly?

      (Incidentally, some studies suggest that migrants are an overall fiscal plus to the UK - http://www.cream-migration.org...)

    44. Re: Strawman Much? by stdarg · · Score: 1

      It's too hard to separate out interest expense for a bank. A lot of it goes to the government, a lot to depositors, a lot to bond holders, a lot to other banks. I guess I could have picked another company that doesn't have so much interest expense. You'd find the same thing except for certain specialty businesses like REITs and mlps who are basically passthrough entities to convert "productive" money (eg pipeline transit fees) into dividends and have very few employees themselves. Do the same exercise for Walmart and feel free to include interest expense however you see fit. I'd do it but I'm on vacation and usingâ a cell phone only.

      As.for bufgett i didn't say he's compensated only for productive work, I was responding to your statement that people who get most of their money from dividends and interest are "lumps" just sitting around. Buffett is very productive and even with your low ball estimate that makes him many times more productive than the average person.

    45. Re: Strawman Much? by sjames · · Score: 1

      It's too hard to separate out interest expense for a bank.

      Not a problem, it's all rent.

      WRT Buffett, I said collecting dividends is not productive work. I never said it was impossible to have income from productive and non-productive activities. I did say people collecting only unproductive income are worthless lumps.

  9. Oh, well, if it worked in Iran for $1.50 by SensitiveMale · · Score: 2

    then I'm sure it'll work everywhere else in the world.

    After all, Iran is just like every other country in the world.

    1. Re:Oh, well, if it worked in Iran for $1.50 by DontBeAMoran · · Score: 1

      Well, USD$1.50 is like CAD$150.00 so yes I'd apply for that.

      --
      #DeleteFacebook
  10. The Left using Iran as a model by mi · · Score: 2

    Now we are supposed to base public policy based on data Iran collected?..

    But, hey, why not try this in Venezuela now? Surely, Maduro will listen to the foreign fans of Bolivarian revolution...

    --
    In Soviet Washington the swamp drains you.
  11. No duh. by lkroll4565 · · Score: 1

    Unfortunately, automation will displace more jobs than it creates. The question is, do we embrace the Ubuntu group's solution, or, will some technology get invented that helps stir the creation of more jobs than not? Time will tell. :)

  12. Uh, researchers found they worked less... by urbanriot · · Score: 4, Insightful

    Slashdot headline reads "A New Report Finds No Evidence That People Will Work Less Under a Universal Basic Income" yet quoted in the article "The researchers did find that young people - specifically people in their twenties - worked less"

    Sooo... yea. I realize Slashdot has become a new social justice platform but c'mon, this is at least the third universal basic income propaganda post of the week and it's certainly stretching the boundaries of legitimate.

    1. Re: Uh, researchers found they worked less... by PoopJuggler · · Score: 2

      Any excuse to say the words "social justice", eh? Even when the topic has nothing to do with it.

    2. Re:Uh, researchers found they worked less... by mentil · · Score: 1

      Pretty sure it was meant that people didn't work less on the average, even if specific groups did work less. It was thought that people in their 20s were going to school instead of working right away, which is probably beneficial to the country in the long run. It's like how dropping out of school after 6th grade to work on the family farm is no longer considered a good decision long-term.

      --
      Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
    3. Re:Uh, researchers found they worked less... by Fire_Wraith · · Score: 1

      Yes. College age kids are more likely to spend their time doing things like going to college rather than working an entry level no skill job, if given the choice. It's a shocking proposition, I know.

    4. Re:Uh, researchers found they worked less... by slew · · Score: 3, Insightful

      Yes. College age kids are more likely to spend their time doing things like going to college rather than working an entry level no skill job, if given the choice. It's a shocking proposition, I know.

      Although many folks like to push "more college" as the solution, we actually have too many people going to college as it is.

      Of course college is very important to those that can benefit from the experience, it doesn't change the fact that many people find that after graduating college they aren't actually ahead of the game and missed out of 4-6 years of work experience on their resume and are only employed in positions that don't actually require college degrees.

      In the post-scarcity automated job-scarce world, this is just an inefficient use of resources and a giant waste of human capital. You are probably better off with a make-work program for college aged folks that likely won't have jobs that require college degrees at the end of the line than to let them live off of UBI and not develop any work skills that allow them to potentially contribute to society more in the future rather than get stuck in a welfare trap (albeit more gilded than the current one).

    5. Re:Uh, researchers found they worked less... by Smidge204 · · Score: 1

      I would argue that the problem isn't too many people going to college, it's too many people going to college for the wrong reasons.

      You need to have a plan. Either you're working to get a degree that opens up opportunities you're interested in pursuing, or you have some other plan to make ends meet and you're going for a degree out of personal interest and fulfillment.

      Both are fine IMHO, but in either case you have a plan.

      It strikes me that a lot of students attend college because they feel it's necessary, and take classes/get degrees in subjects with no clear plan to leverage that education for better careers. Instead, it's treated like another 4 years of high school.
      =Smidge=

  13. Hawthorne effect? by poity · · Score: 1
    --
    your thin skin doesn't make me a troll
  14. Inflation negates UBI by Anonymous Coward · · Score: 1

    Anyone pushing UBI seems to forget that UBI will simply offset the Cost Of Living and Inflation indexes thereby negating it. Just like with minimum wage it would be an ever increasing value as any change in it would be shortly thereafter negated by inflation.

    1. Re: Inflation negates UBI by Anonymous Coward · · Score: 1

      Well yes, of course. But u get a bunch of idiot loser poors that think "wow if I had $16k a year my life would be set!"

      but they are idiot loser poors because they don't understand the ramifications of everyone getting $16k and how prices would adjust

    2. Re:Inflation negates UBI by king+neckbeard · · Score: 1

      No, it would only scale directly with inflation if everyone got a proportional bonus. Bill Gates getting $16k extra a year doesn't change anything for him, but it does change things for someone making $20k.

      --
      This is my signature. There are many like it, but this one is mine.
  15. I'd find a job... by Anonymous Coward · · Score: 1

    ...that paid me under the table, while collecting my UBI...

    Yes, I'd abuse the hell out of it.

    1. Re:I'd find a job... by interkin3tic · · Score: 1

      Man, I hope no one realizes they could do this with taxes. The government would have no money and would have to shut down because the whole system would be broken.

      You're saying you'd be unethical? I'll take your word for that. Just make sure you don't confuse that with thinking UBI would therefore be a failure because everyone is shameless like you.

    2. Re:I'd find a job... by Immerman · · Score: 4, Informative

      I think you're thinking of welfare. You still get your full UBI regardless of how much money you make, dramatically increasing the incentives to work.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    3. Re:I'd find a job... by Fire_Wraith · · Score: 3, Interesting

      Why though? The idea of UBI is that it doesn't change if you get paid for a regular job. You'd get your UBI plus whatever you earn for working.

      I guess you could say you're getting out of paying taxes, but how is that any different from the current system where you work at a job and pay taxes on that income? There's no additional incentive from the existence of UBI specifically. I suppose you could argue that payroll taxes are needed to fund it, but that's a big assumption, and many of the cases for UBI assume it's coming from something else (since it often comes in scenarios where there just isn't enough work/jobs for everyone due to automation or such).

    4. Re:I'd find a job... by Cipheron · · Score: 1

      Dodging taxation by being paid in cash is already a thing, there's no reason to think UBI will cause more of that.

    5. Re:I'd find a job... by Cipheron · · Score: 1

      Why isn't he being paid under the table already? Tax dodging exists already, there's no plausible cause/effect relationship between creating an UBI and people being paid in cash. The government should already be broke by that logic.

    6. Re:I'd find a job... by Opportunist · · Score: 1

      Why, though?

      You risk getting fined out the wazoo, essentially to give whoever employs you a free ride so he can dodge taxes, while you have exactly zero benefit out of it.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    7. Re:I'd find a job... by skam240 · · Score: 1

      Ugh, sorry. I replied to the wrong comment. Must be the UBI making me lazy

      --
      I ignore Anonymous Coward posts. If you want to discuss something, that's awesome. Log in.
    8. Re:I'd find a job... by religionofpeas · · Score: 3, Interesting

      You still get your full UBI regardless of how much money you make, dramatically increasing the incentives to work.

      No, because employers don't want to dramatically increase the incentives. They are getting enough employees with the current system, so with UBI, they can lower the wages, and still get enough people.

    9. Re:I'd find a job... by slashrio · · Score: 1

      If you meant to say that the unidentifiable AC to whom interkin3tic replied is retarded, then you replied to the wrong post.
      Just saying...

      --
      "Trump!!", the new Godwin.
    10. Re:I'd find a job... by Rei · · Score: 5, Informative

      *Whoosh*

      They're not talking about "incentives from employers". They're talking about the personal incentive ("incentive (n): something that incites or tends to incite to action or greater effort, as a reward offered for increased productivity.") to work. Aka, under most welfare systems, there's a "welfare cliff" where if a person works more, their income actually drops as they lose their benefits - and thus there's a disincentive to work past that cliff. Under UBI, there is no such cliff - the more you work, the more you earn.

      It's a serious issue. A lot of people who are on benefits for various physical or mental disabilities have "marginal" ability to work. Many want to work, but are afraid that if they take on a job, lose their benefits, and then it ultimately turns out that their condition prevents them from fulfilling the job requirements (a very real risk), that they'll be screwed. It keeps a lot of people who might actually be able to work out of the job marketplace for no good reason.

      --
      We gotta go to a crappy town where I'm a hero.
    11. Re:I'd find a job... by RabidReindeer · · Score: 1

      That's not how UBI works. Unlike Welfare, UBI is a basic unconditional income, and any other income you make doesn't affect it.

      The only benefit of under-the-table would be to hide the extra cash from taxation. People do that anyway.

    12. Re:I'd find a job... by religionofpeas · · Score: 1

      I'm afraid the "whoosh" is on your side.

      Aka, under most welfare systems, there's a "welfare cliff" where if a person works more, their income actually drops as they lose their benefits - and thus there's a disincentive to work past that cliff

      Correct. But people do it anyway. For example, someone on $900 welfare who switches to a $1200 job is apparently willing to work full time in order to get $300 more. Now, imagine the same person on $900 UBI, with the same motivation, will do the same amount of work to get to the $1200 level. This means that the employer only needs to give $300 in incentives to get the same number of people working for him, instead of $1200.

      In order words, incentives to work will not be "dramatically" increased. They'll stay roughly the same due to market forces.

    13. Re:I'd find a job... by Rei · · Score: 4, Insightful

      Why are you still talking as if the GP was talking about employer-provided incentives when the GP was very clearly talking about personal incentives? It's almost looking as if you were trying to make a point about something else and decided to inject it into the conversation here because someone used a word you felt you could chain off of.

      And yes, low-end wages can be expected to go down with UBI - as they should. Minimum wage should disappear, because it's just one of the many pieces of a patchwork currently in use to approximate a UBI. In turn, corporate tax rates can rise (compensating for the windfall to employers for not having to pay as much), in turn helping pay for the UBI.

      That said, your notion that people would tend to only try to work up to $1200/mo take-home income (far below the US poverty line) is silly. And contradicted by the study that forms the basis of this Slashdot article.

      --
      We gotta go to a crappy town where I'm a hero.
    14. Re:I'd find a job... by religionofpeas · · Score: 1

      The only benefit of under-the-table would be to hide the extra cash from taxation. People do that anyway.

      It's harder to do on welfare, because (at least where I live) you need to show that you've been applying for jobs, which would interfere with working a full job somewhere else.

    15. Re:I'd find a job... by religionofpeas · · Score: 1

      Why are you still talking as if the GP was talking about employer-provided incentives when the GP was very clearly talking about personal incentives?

      Because GP's statement that the personal incentives would dramatically increase are only true if the employer-provided incentives stay the same under the UBI program. That's not going to be the case. Salaries will drop, such that the personal incentives for work stay just as modest as they are now.

      That said, your notion that people would tend to only try to work up to $1200/mo take-home income (far below the US poverty line) is silly. And contradicted by the study that forms the basis of this Slashdot article.

      Feel free to double or triple the dollar amounts. It doesn't change the argument.

    16. Re: I'd find a job... by whopis · · Score: 1

      You seem to not grasp the concept of "universal". With UBI everyone gets the income. It doesn't matter what other income or assets you have. So no need to hide your job.

    17. Re:I'd find a job... by Chas · · Score: 3, Insightful

      There are also certain sectors of the population where, with enough children, a person simply MAKES more off welfare and benefits than they could possibly make off even a decently paying job.

      And it's seeing cases like this that we know welfare for the truly broken system it is.

      --


      Chas - The one, the only.
      THANK GOD!!!
    18. Re:I'd find a job... by religionofpeas · · Score: 2

      But what would happen in an UBI system with someone who gets the same amount of children ? Would they starve, because the UBI level is fixed ? If that is what we want, we can simply remove the welfare payouts for extra children.

    19. Re:I'd find a job... by RoccamOccam · · Score: 1

      Doesn't each child get the UBI? Would it be given to the parent to manage?

    20. Re:I'd find a job... by MangoCats · · Score: 1

      The interesting aspect of UBI is the loosening of the "I hate this job, but I NEED the money" leash. Many of today's bottom tier jobs don't really care about what their employees want or feel because they know that they need the income, badly.

      I stocked groceries in college. I had a 22yo Napoleon complex up and comer complete -hole of an assistant manager who: verbally abused everyone, never gave me as many hours as I asked for, but always gave me hours in time slots I specifically told him I didn't want, and was just generally unpleasant to even talk to. One day he and I had a difference of opinion about my working style that ended with him saying: "Well, maybe you don't need this job." and me answering "well, maybe I don't." (In truth I didn't, but he was far too self absorbed to have picked this up in the previous 6 months.) After that exchange, he went straight to the store manager and: 1) I never saw his face or heard his voice again, 2) my schedules started filling up with all the hours I asked for, in the timeslots I asked for, never in the ones I said I didn't want.

      When nobody "really needs" your crappy job, the default management style should switch from abuse to something a little more employee friendly - and this can have benefits not only for the employees, but also the customers, and even people who interact with the employees outside of work.

    21. Re:I'd find a job... by Rutulian · · Score: 1

      Don't forget that the biggest negative incentives with our current system are not wages, but other benefits. Medicaid eligibility is the biggest one. Also on the list are things like WIC eligibility and subsidized housing. If you are collecting one or more of these benefits and move to employment (either full or part-time), you will very likely lose them (you will make too much money to qualify), which is a much greater loss than any marginal wage benefit.

      So the GPP is absolutely right. UBI could dramatically increase personal incentives by resetting the poverty thresholds.

    22. Re:I'd find a job... by Rutulian · · Score: 3, Insightful

      Salaries will drop, such that the personal incentives for work stay just as modest as they are now.

      Not necessarily. Salaries will only drop if people are willing to work for less, which is not a given. A possibility equal to your scenario is that, with UBI place, people who feel more secure when employment lapses will not be willing to work for less and will demand more. Also possible, as the article alluded to, is people who feel they are not offered high enough wages may be more able to seek education or training so that they can move into a new job market that pays more, which would put upward pressure on wages. Markets are complicated.

    23. Re:I'd find a job... by JWW · · Score: 1

      So everybody, literally everybody, has X more dollars in their pocket.

      Yep, there is no way that wouldn't cause just enough inflation to make all that "extra" money meaningless.....

    24. Re:I'd find a job... by Anonymous Coward · · Score: 1

      Because GP's statement that the personal incentives would dramatically increase are only true if the employer-provided incentives stay the same under the UBI program. That's not going to be the case. Salaries will drop, such that the personal incentives for work stay just as modest as they are now.

      With a UBI it may be the case that people will be unwilling to work for such low wages. Why would they give up more free time for so little gain if their basic needs are already taken care of?

    25. Re: I'd find a job... by Anonymous Coward · · Score: 1, Insightful

      Please provide your data on this. Until such data and valid studies paid for by truly non-biased parties comes to this conclusion and is brought to the discussion, I've no choice but assume you've bought into the anecdotal and patently false Republican claim of the 'Welfare Queen' syndrome that is apparently rampant across the US; and therefore I must assume your opinion is invalid.

      To battle anecdote with anecdote: When I was injured and lost my ability to work for years while battling workman's comp I had to jump through legal hoops providing documentation to not only get on public assistance services (Food Stamps, utility assistance, and that's it), but I had to consistently jump through those same hoops every 3 months to stay the fuck on it. Because of how difficult the bureaucracy makes it to get and stay on a minimum of assistance, I cannot fathom the leaps in logic necessary to think that 'welfare queens' are even fucking possible in reality.

      FYI, once I got Workman's comp to come to a settlement finally, I used the funds to retrain into a field not hindered by my newfound disability; and doing quite well at it, making 6 times the amount that the government provided and went out of its way to make me feel like a goddamn convict for even requesting it.

      TL;DR: STFU asshole!

    26. Re:I'd find a job... by slashrio · · Score: 1

      And I replied too soon, sorry about that. :)

      --
      "Trump!!", the new Godwin.
    27. Re:I'd find a job... by Immerman · · Score: 1

      That's a question to be answered - there is no "common UBI framework" to work from. If you give children (via their parents) a UBI, then you will be providing a potentially substantial incentive to the least capable individuals to have lots of children as an income source - probably not something you want to do.

      Alternatives are don't give anything to children - in which case once you reach the limit of how many children you can support off your UBI you do indeed need to work or starve. Harsh, but a powerful incentive not to have many/any kids - every child draws on your limited discretionary income. If we went that route then there should definitely be free access to highly effective birth control (i.e. not condoms) and extensive family planning education to make sure people only have children on purpose.

      Alternately, children could receive a "bare survival" UBI - just enough to feed them. That pretty much removes the incentive to have children, even keeps some of the disincentive since comfortable living space, clothing, and other non-essentials will still be coming out of the parent's UBI. Might even be able to dial it up beyond that point - it's something that would need to be experimentally tested, and would potentially vary substantially between cultures.

      Not directly related are variations on the possibility of paying young adults a lump sum when they reach adulthood - effectively the result of a "trust fund" that has been collecting their UBI through childhood, only without the associated overhead. Why subsidize fund managers and take up all those tax dollars out of circulation for decades? A UBI is after all generally regarded as a form of economic stimulus, and the financial market doesn't need stimulating.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    28. Re:I'd find a job... by Immerman · · Score: 1

      I fail to see how UBI offers any special incentive to lie about extra income. Welfare *certainly* offers such an incentive, since benefits reduce rapidly with additional income. With a UBI though, you have no greater incentive to lie about income than non-welfare recipients do now - it's just a tax dodge, and taxes are usually low to nonexistent until you begin earning a substantial income.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    29. Re:I'd find a job... by Immerman · · Score: 1

      An excellent point well worth mentioning.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    30. Re:I'd find a job... by slashdot_commentator · · Score: 1

      ...that paid me under the table, while collecting my UBI...

      Yes, I'd abuse the hell out of it.

      You don't get what UBI is. Its not merely a form of welfare. Properly designed, everyone collects a UBI, except for the people in the 1% who actually earns so much money, they're the one's paying taxes to support UBI.

      UBI is merely a base payment made to every (non-rich) person to ensure they have enough money to feed, clothe, house themselves, and generate enough consumer activity to keep the economy moving. There will be indispensable jobs that cannot be economically replaced by automation. There will need to be sufficient payment to provide motivation to work those jobs and it will mean workers will have access to luxuries that will not be available to mere UBI recipients.

      In a properly designed system, you can't "cheat" a taxation system by finding ways of making money while collecting UBI. Almost no one under the top 1-3% incomes of workers (remaining) will be required to pay taxes to support UBI. People finding ways of making money outside of UBI is merely proof that a capitalist system can be maintained without threatening starvation & homelessness if they are the least capable of making enough money to support themselves.

      --
      There is no America. There is no democracy. There is only IBM and AT&T and DuPont, Dow, General Electric, and Exxon
    31. Re:I'd find a job... by slashdot_commentator · · Score: 1

      In order words, incentives to work will not be "dramatically" increased. They'll stay roughly the same due to market forces.

      In other words, 97-99% of the population collect a UBI, regardless whether they have a job, so whatever payment the employer offers is pure profit. Its only a small percentage of people who can earn an astronomical amount of money who actually get taxed (to support UBI).

      --
      There is no America. There is no democracy. There is only IBM and AT&T and DuPont, Dow, General Electric, and Exxon
    32. Re:I'd find a job... by bluefoxlucid · · Score: 1

      Salaries will drop, such that the personal incentives for work stay just as modest as they are now.

      A reduction in wages without a reduction in income can only mean an increase in buying power.

      Don't forget businesses take as much profit as they can. They charge the largest margins they can right now. When costs fall, so do barriers to entry; it becomes easier to compete, and so prices are controlled.

      A business doesn't charge you $50 for a thing because they can; they charge you $50 for a thing because 30 or 40 other businesses are trying to sell you the same thing and are willing to triple or quadruple their profits by undercutting the next guy by $5. Turns out the ROI for cutting back prices kind of fails below $50, so that's where we all ended up.

      See also: Wal-Mart.

    33. Re:I'd find a job... by ai4px · · Score: 1

      Right on! I was looking for work in the early 1990's in Charleston SC. Employers weren't paying market wages in electronics because... there were a lot of Navy retirees who had their retirement money offsetting their need for a full wage. They could afford to work for less than me because of this offset and the market responded by lowering the prevailing wage. What makes UBI supporters think this same thing wouldn't happen?

    34. Re:I'd find a job... by ai4px · · Score: 1

      YES..... my sister owns a pizza chain in Savannah GA. She employed a young adult who lived in the nearby subsidised housing. The woman took a job for $7.25/hr @ 40 a week.... $1160/month before taxes (which at that income level are fully refundable anyway). The woman quit her job because her land lord found out she had a job and her rent was going from $300 to $500 a month. This person actually quit a job that would have increased her monthly income by $960 because she perceived her rent was going up $200. These people actually exist.

    35. Re:I'd find a job... by bluefoxlucid · · Score: 1

      I've described a Universal Social Security system which begins paying out at age 18. For minor dependents of low-income households, a consolidated public aid system provides benefits similar to what we have today.

      The cost of the childcare public aid system is ~1.4% of total taxable income in the U.S.. The total cost of today's public aid system is a dozen or so times bigger, and most of it gets rolled off to the Universal Social Security benefit.

      That system also requires transitional considerations, largely about Social Security Retirement benefits. The long and short of that is the 6.2% OASDI tax on the paycheck goes away; the 6.2% on the payroll end becomes 5.3%, which goes to pay the difference between Social Security old-age pensions and the Universal Social Security. I generally specify that we grandfather anyone hitting retirement age within 15 years of the passing of a USS, and top off their benefit until the natural end of their Social Security legacy benefit.

      The USS is funded by a fixed, flat-rate income tax, similar to OASDI but applied to all incomes business and personal. Because of this, any technical progress causes an increase in the purchasing power of the USS: it grows faster than inflation. The gap between the USS and old-age pensions thus shrinks, which allows the reduction of that 5.3% payroll tax.

      Reducing the payroll tax as such causes a secondary effect: costs go down, and the same market economic factors which set our current prices thus drives them down in response. In this case, it's the cost of employment, meaning that an employer pays less to provide the same salary--that is: wages go down from the employer's perspective, but not from the employee's perspective. The revenue required to support those wages thus decreases, while the spending capacity of the wage recipients doesn't decrease. That, again, increases the rate at which the USS benefit grows relative to inflation.

      As you can imagine, UBI systems carry lots of risks nobody thinks about.

      Some people want to just hand everyone $4,000 per child, which means either a lot of people aren't receiving adequate childcare aid or most people are profiting for each child they have. It also means anyone without children pays for everyone else's children, in concept, meaning you're facing an unfair expense unless you participate by having as many children as possible. This is a disaster.

      My approach simply reuses the current system, scaled down. Reducing its scope reduces the potential for fraud, along with its costs. More importantly, no new risks are introduced: nothing can go wrong as a result of that component which can't already go wrong under the current system. We always have the option to propose a change later.

      Proposed UBI systems generally ignore funding risks. A lot of such systems propose funding by a cap-and-dividend, usually a carbon tax, and fail to address funding at all. How much revenue can we derive from a carbon tax? Is it enough to fund a welfare system? What happens when businesses respond by reducing their carbon emissions? One could ask the same about where we get all this money to pay out UBI for children; funding a UBI is already hard.

      You're a little snide and aggressive, but you're asking important questions. That's good. A lot of people just dictate what will happen under any form of UBI and conclude that it cannot be done in any case. If you ask a critical question and people just squirm uncomfortably, you've found a risk for which nobody's figured out how to answer; that means they're doing something extremely dangerous. They should at least be able to answer for some sort of boundary or resistance against said risk, if they don't have a way to actually control it.

    36. Re:I'd find a job... by bluefoxlucid · · Score: 1

      Reduce the current public aid system to provide childcare welfare to minor dependents of low-income households. This adds no new risks compared to our current system; you can alter it later, when the UBI stuff settles.

      How am I still the only one who has come up with this? It's been 4 years.

    37. Re:I'd find a job... by bluefoxlucid · · Score: 1

      We can create a Universal Social Security without increasing taxes on any business or individual; the taxpayer burden is $1 trillion lower in total.

    38. Re:I'd find a job... by Fire_Wraith · · Score: 1

      Of course you can't just print more money. Much as with any other program or support or such, it has to come from some sort of actual productive activity.

      "Money" is just an abstraction of all the productive goods, services, etc, that are made by the economy. It's the medium of exchange that lets me trade between bushels of wheat, gallons of gasoline, an iPad, a car, etc without trying to guess at what a reasonable rate is for wheat to cars. Inflation and Deflation occur when the supply of Money change relative to the actual amounts of production (which is also constantly changing).

      So for instance, if you just print more money, you haven't actually created any more VALUE, you've just changed the ratio of dollars (or whatever) to $productiveunit. Likewise, if you went around and confiscated half the dollars in peoples' hands and burned them, you haven't destroyed any "value" (assuming it was done equally) since each dollar is now worth twice as much in $productiveunits.

      Thus, if you wanted to fund something, like a UBI, you can't just print more (paper or digital) money. You need to assign some sort of productive value to it (basically through some sort of tax or other measure).

    39. Re:I'd find a job... by ai4px · · Score: 1

      I see... so what you are saying is that UBI is a scheme to stop rich people from hoarding money and keep the Keynesian economic model working?

    40. Re:I'd find a job... by Fire_Wraith · · Score: 1

      Note that this sort of thing does actually exist, such as in Alaska for instance, where Alaska residents get a check as their share of the oil money from the state. It's not enough to live on, but it's extra dollars in everyone's pocket, and everyone gets it as long as they're a state resident. It's not 'free money', it's a share of the value of the oil being extracted.

      UBI is the notion that we should do something like that for everyone nationwide, enough to live on, and use part of the national GDP to do it. I don't know that it's quite workable or necessary yet, but in a hypothetical future where robots have taken over a large part of the labor market, it probably makes a lot more sense. If we did it right now, you'd probably see a lot of disruption leading to a state where you really don't make any more money than you did before, just that your salary is about $15,000 less but you get $15,000 in UBI. It wouldn't be worth the disruption, probably - though it would have other benefits, such as the fact that we could get rid of the overhead used to manage existing benefit programs (and the programs). You wouldn't need anyone to run Social Security, Food Stamps, TANF, etc - just one guy to print and mail checks to everybody. You also wouldn't need a Minimum Wage Law, since everyone already gets enough to live on, so if someone wants to work for $1/hour, hey, it's his time to do as he likes with.

    41. Re:I'd find a job... by slashdot_commentator · · Score: 2

      Pretty much, although its more about addressing the fact that 75% of current jobs are going to get wiped out by automation, and that automation is not going to create 75% new jobs. Basic presumptions about how the capitalist system needs to be re-examined, including whether the threat of survival is required in order for capitalism to function (I seriously doubt that).

      --
      There is no America. There is no democracy. There is only IBM and AT&T and DuPont, Dow, General Electric, and Exxon
    42. Re:I'd find a job... by eth1 · · Score: 1

      You still get your full UBI regardless of how much money you make, dramatically increasing the incentives to work.

      No, because employers don't want to dramatically increase the incentives. They are getting enough employees with the current system, so with UBI, they can lower the wages, and still get enough people.

      Not necessarily... Consider that a lot of minimum-wage jobs are backbreaking, dirty, or dangerous. They can get away paying the minimum because the only people that would do them are desperate, so they'll take anything. With UBI, those jobs would have to pay enough that people actually WANT to do them in spite of the drawbacks. Similarly, low-wage jobs in high-cost-of-living areas, where the workers have to live two hours away would probably have to increase what they pay to make people want to deal with the commute.

    43. Re:I'd find a job... by Khyber · · Score: 1

      "It's harder to do on welfare, because (at least where I live) you need to show that you've been applying for jobs,"

      "Every company has required me to file my application online through a career site - my resume and profiles are on that site." should be all you need to say in this day and age of "Don't call us, we'll call you" employment.

      --
      Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.
    44. Re: I'd find a job... by Anonymous Coward · · Score: 1

      Never said workman's comp was welfare. I was referring to the public assistance services of Food Stamps and Utility Assistance that the government offers while I was going through a legal battle with the private insurance company that provided workman's comp to shell out on the policy. My fight above was outlining only what I had to go through to get assistance for food and electricity/gas while I was unable to work due to injury. The fight I had to get workman's comp to actually pay out anything for my employer's stupidity at the time which led to that injury was a completely different fight.

      Also, I'm not complaining about having to jump through the hoops for the free money. I'm complaining about the outright dishonesty of those who try to say that everyone who receives public assistance is a welfare queen without sources and hard facts to back it up, only anecdotes. To combat the welfare queen fallacy based on anecdotal evidence I gave the only evidence I have at the moment: my own anecdote about how difficult the bureaucracy makes it to be able to live on welfare long term.

      Now let's bring having an UBI into the equation which I did not do above. If I had the UBI at the time, I would not have needed compensation from workman's comp for the injury, as I could use the UBI to maintain my day-to-day living and retrain into another field. Why couldn't I do this with what I got from public assistance? Because those were earmarked for specific things. I could only use Food Stamps on government food (enforced at the register, and I got way more funds than was ever able to use), and I could only use the utility assistance to pay the electricity and gas bill for heating (not quite enough ever given). With the surplus that I had in Food Stamps, I could have easily used it to fund retraining... but, "that's not allowed" and god help me if I ever buy more than I need in food and get caught selling it to try to pay for the retraining. I'd be lucky to only get banned from public assistance ever again; usually such things come with a jail sentence as well.

      Lets put this into perspective. I got roughly $700 per month ($300 for food, $200 elec, $100 gas (home heating, not transportation)). That's $8,400/yr. If this were increased to $1,200/mo. ($14.4K/yr) as a UBI my employer at the time could have gotten away with dropping basic Workman's Comp insurance and Unemployment Insurance (probably still a good idea to keep the insurance to cover for catastrophic liability, however). Also with an UBI, my current employer would only have to pay me 2/3rds of what they do now to provide me with roughly the equivalent standard of living. The downside for companies in this is going to be the fact that they'll have to do more to ensure their workforce is happy in their position since the sticks of fear named "job loss" and "long term uncertainty" will be blunted when an employee's job security is threatened. Companies will also not like it when their corporate taxes go up a few percentage points.

    45. Re:I'd find a job... by h4ck7h3p14n37 · · Score: 1

      So everyone takes out a five and passes it to the guy on the left?

      Where is this UBI money coming from? Taxes? Doesn't that means everyone ends up paying for their own UBI check?

    46. Re:I'd find a job... by Anonymous Coward · · Score: 1

      What you're missing is that today around 53% or Americans pay tax.

      Add UBI to the mix, and you need to increase receipts to pay for it (offset by the elimination of welfare & SS), so taxes rise, although by less than the wholesale numbers suggest.

      Those receiving UBI would be those whose income taxes are larger than UBI payouts.

      Say UBI pays $1k a month, or $12k a year. A very basic income.

      Basically everybody with an income over $48k gets no UBI. (marginal tax rate for single income is 25% in that income range). That's slightly below the median income of $51k.

      If it pays $24k a year, that jumps to $91,900 (where the marginal rate shifts to 28%)

      The 1% income level is $465k, top 5% is $214k

      And of course that is just what's required to pay for UBI, the US spends $12k per capita on other items.

      There's actually zero chance that the top 3% or 1% of earners will be able to pay for UBI on their own.

    47. Re:I'd find a job... by Whorhay · · Score: 2

      I obviously can't speak for that person, but I can theorize why that might still be a rational choice. There are quite possibly more factors at work. She could have had more expenses associated with being employed such as childcare that narrowed the actual benefit of that earned income. She could also have just decided that the extra cost of a higher rent made the work not worth doing. Even at that low level of wages taxes and such can easily chew up 25% of the pay check, and while some of that will come back at the end of the year as a tax return that's a long term factor. The rent going up cuts the real gain from being employed in a big way.

      I know in my case I've seen job offers that would have resulted in slightly higher pay. I turned them down because if I'm going to jump ship it had better be for a significant raise. When it comes to my free time I value it even more than my work hours and am willing to pay others significantly more than I earn per hour to do tasks I hate. I can easily see how someone might have enough income from passive sources to not require working for more, even if it might provide for an improvement that you or I might say is worth it.

    48. Re:I'd find a job... by h4ck7h3p14n37 · · Score: 1

      Here in Chicago I have read stories about local welfare recipients who have raised entire families on the taxpayer's dime. Subsidized housing, food assistance, power/gas assistance, childcare assistance, subsidized health insurance, subsidized transportation, subsidized Internet, free cellphones. All of life's needs are taken care of so long as you vote Democrat and the Democrats are able to continue borrowing money.

      The scary thing is I know people that refuse to believe that some will choose public assistance over working a job. Of course the people I know like that don't live anywhere near areas with high numbers of people on assistance. If your choice is between a minimum wage job for eight hours a day plus travel time or chilling at home all day and collecting a check, some people will take the check.

    49. Re:I'd find a job... by BCGlorfindel · · Score: 1

      I suppose you could argue that payroll taxes are needed to fund it, but that's a big assumption, and many of the cases for UBI assume it's coming from something else (since it often comes in scenarios where there just isn't enough work/jobs for everyone due to automation or such).

      You are quite right, the cases made for UBI almost always assume the money is coming from "something else". The reason is that nobody today can actually afford to pay for it.

      American population rounds down to 300 million.
      Say we cheap out and set UBI at $10,000 annually. That's not even enough for food, clothing and shelter, but we are going to be conservative in pricing this out.
      The annual cost of that is $3 trillion. The entirety of the American federal budget is $3 trillion.

      That means you can't just cancel medicaid, obamacare, and every single welfare program to cover it. You have to cut the entire federal budget, everything.

      The reason the 'cases' presented for UBI gloss over the funding by quickly saying it'll be from "somewhere else" is because funding it IS THE PROBLEM.

    50. Re:I'd find a job... by apoc.famine · · Score: 1

      Alternately, children could receive a "bare survival" UBI - just enough to feed them.

      I think this is the most reasonable approach. Have a graduated UBI that starts at "feeds child and buys diapers" and has a few stepwise increases based on age up to "pays rent in a shared space and feeds you beans and rice" at 18.
       
      It would likely cause some stress around age 18, when it could go with the kid if they chose to leave, however. But if it meant not having to save as much for college, or allowing your kid to fly the nest any time they were ready, that might not be so bad for a lot of families.

      --
      Velociraptor = Distiraptor / Timeraptor
    51. Re: I'd find a job... by Zxern · · Score: 3, Insightful

      Part of the problem is that once you get a job benefits stop entirely. So if you don't get a job that pays enough, you're better off not working at all.

      We could fix this by simply having benefits reduce in accordance with income rather than having them cutoff entirely.

    52. Re:I'd find a job... by Hognoxious · · Score: 1

      A reduction in wages without a reduction in income can only mean an increase in buying power.

      Wages are income. How can you reduce one without reducing the other?

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    53. Re:I'd find a job... by david_thornley · · Score: 1

      I've read lots of welfare recipient stories that turned out to be bogus, and there's no voting requirements on welfare.

      Obviously some people will rather not work if they can get away with it, particularly if they don't wind up significantly better off working. The study shows that the desirability of extra income over the UBI motivates most people to find work.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    54. Re:I'd find a job... by david_thornley · · Score: 2

      Depends. You suffered because the Navy retirees had extra money coming in and you didn't. With a UBI, everyone would have the extra money coming in. (Yeah, we need to make provisions for non-US citizens here.) On the other hand, nobody's forced into a crap job instead of homelessness and starvation, so the crap jobs will likely pay more.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    55. Re:I'd find a job... by RenderSeven · · Score: 1
      From the most basic Google search, even including only liberal media, welfare is massively abused, and especially in Chicago. NPR has a great story on the Welfare Queen, who is hardly a myth, though you may rightfully claim the woman Reagan used as a basis for the term does not fit the generally accepted profile. However, your claim that abuse is rare and that the welfare queen is a myth, is in itself egregiously fake news. Wikipedia alone (and checking references and edit history for veracity) states rather factually:

      "Welfare (SSI) fraud is rampant, but in most cases it is committed by people who are unable to make ends meet. In a 2012 study, 30 of 34 interviewed welfare recipients admitted fraud. A 1988 study of 50 Chicago women on welfare found that 80% worked either full time or part time, but none of them reported their income to the welfare office. Surveys conducted during the 1970s in Seattle and Denver showed that 50% of recipients admitted to "cheating" in order to get by financially. In an interview with the Chicago Tribune, an ex-fraud investigator for IDPA estimated that 25 to 50% of welfare recipients had committed some degree of fraud. A study of 450 welfare recipients in Orange County, California, found that 45% of them had committed fraud. Between 1970 and 1979, there was a 729% increase in the number of fraud cases initiated nationwide."

    56. Re:I'd find a job... by david_thornley · · Score: 2

      Lots of the money that would go into the UBI already comes out of taxes. This would remove the need for normal welfare benefits, for example, and would cover a lot of what Social Security does (including disability). The additional money would require raises in taxes. At some income, the extra taxes would take away all of the UBI, and people at higher incomes would lose some money.

      On the other hand, we could save nearly a trillion a year by adopting the next most expensive health care system in the world, so it's not like we're spending money wisely anyway.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    57. Re:I'd find a job... by david_thornley · · Score: 1

      We could save one of that trillion, on a national level, by adopting any other countries' health care system, since they all cost at least $3K less per person per year.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    58. Re:I'd find a job... by JesseMcDonald · · Score: 2

      Properly designed, everyone collects a UBI, except for the people in the 1% who actually earns so much money, they're the one's paying taxes to support UBI.

      The 1% don't have enough wealth (let alone income) to pay for a meaningful UBI for the remaining 99%, even if you confiscated all of it—which would be obviously self-defeating unless you could somehow stop that wealth from fleeing the country the moment the proposal was seriously considered. More realistically it would be the upper 50-70% paying extra taxes so that the rest can receive a net increase in income, with the majority of the funding coming from the middle class. If you're above the median already you shouldn't expect UBI to raise your income. (The advantage to you would simply be that you are guaranteed the UBI even if your current income source dries up, which may open up more options for seeking better employment, or at least a greater sense of security.)

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    59. Re: I'd find a job... by Highdude702 · · Score: 1

      Well, I was born and raised in "the hood" Born in milwaukee, lived in vegas most of my life. the "Welfare Queen" is not mythical. But if you're a white male. good luck getting any assistance unless you make less than $600 a month.

    60. Re:I'd find a job... by bluefoxlucid · · Score: 1

      Under a UBI, you get a check from the government. If you get $50,000 today and then, next year, you get $40,000 + $10,000, you're still receiving the same income.

      Employers have to pay wages. I generally count "wages" as including benefits, payroll taxes, and other per-worker-hour costs when modeling economics, although any discussion that's going that deep is too complex to simplify with imprecise terminology. In this case, every reasonable definition--correct or not--works: if the employer is paying you less per hour in your pay check, then your cost to the employer is lower.

      Note that lowering the cost of labor by lowering payroll taxes also has interesting effects. It slows the job replacement that comes with technical progress without slowing technical progress. That is to say: if you make $50,000 and your employer pays 10% payroll taxes, you cost $55,000 (a difference of $2.5/hr). If the TCO of a new machine that does the work of 4 employees is $210,000/year, then it's cheaper to replace the employees (not necessarily strategic at this time); if you cut the payroll tax to below 5%, then it's cheaper to keep the employees. This lengthens strategic delays and, thus, increases the span of time between layoffs due to this new machine.

      The same is true of wages. A minimum-wage policy without frequent updates to correct for inflation et al will experience drift such that minimum-wage workers become poorer, and the number of minimum-wage jobs (and total jobs, if you swap two minimum-wage earners for one person making twice that) supportable by the economy increases. When updates are then made, a lot of jobs are lost--primarily minimum-wage and low-wage jobs. Frequent updates to minimum wage reduce the magnitude of oscillation: minimum-wage workers don't have their buying-power compensation decreased quite so much before adjustment, and adjustments don't reduce the carry capacity of jobs nearly as much.

      The minimum-wage thing is interesting for a few reasons. For one, it suggests that a UBI's adjustment period is similarly-important for similar reasons. More-importantly, the spike in unemployment slows growth, and notably slows labor market growth--more early retirement, less late retirement, fewer people exiting college early to enter the workforce, etc. The opposite is similarly true. A long span between updates to a minimum wage (or a UBI) can, thus, have adverse effects on the unemployment market, and the stability of the economy at large.

      So a lot of things go into these kinds of economic policies. Nobody ever thinks about any of it. Cost of labor versus income is one such consideration.

    61. Re: I'd find a job... by poolecl · · Score: 1

      And savings is counted against you, so you can't even try to dig yourself out by saving.

    62. Re:I'd find a job... by Immerman · · Score: 1

      You're hardly the first, but transitionary stopgaps aren't really terribly relevant to a discussion of the systems that will replace them.

      And even as a stopgap that defeats much of the purpose of a UBI, as you still have all the bureaucratic overhead of verifying need-based aid.

      You could however simply give *every* child that same welfare, regardless of need, without substantially changing the incentive landscape. It is after all unlikely to provide much incentive for more well-off people to have children, and is more easily administered within the UBI framework.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    63. Re:I'd find a job... by Immerman · · Score: 1

      You're assuming people decide whether to work based on total benefit, rather than incremental benefit, while psychology shows that it's incremental benefits that our decisions are based on. In fact the entire field of economics is based on the value of incremental increases. Water is absolutely essential to life and thus should naively carry a comparable cost to life-saving medical care. But free(ish) markets have to charge the same amount for the first gallon as the last, and so the price gets set at the incremental value of the last gallon of water you buy - practically nothing.

      Lets say that along with implementing a UBI, we eliminate the minimum wage altogether. For the sake of argument, lets put the UBI at ~2/3 of a full time minimum wage salary - about $900/month. It's certainly possible that some minimum wage employees will continue working 40 hours a week to maintain their monthly income at the same ~$1300/ month they're accustomed to - but the equation has fundamentally changed. They used to work for $7.50/hour, now they're only getting $2.5/hour. I'm willing to bet an awful lot of them can think of other ways to spend their time that generate more than $2.5 worth of real wealth per hour.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    64. Re:I'd find a job... by Pfhorrest · · Score: 1

      An important take-away from this for free-market proponents (at least genuine ideologically principled ones and not just "keep the gubmit outta my hussle" ones): an UBI plus the elimination of minimum wage that it would allow for would make the labor market more free, both because the artificial government intervention of minimum wage is removed, but also because the inequality of negotiating partners is lessened and so the prices negotiated are closer to their true market value since nobody can bend anyone else over a barrel, both parties are free to walk away without dire consequences.

      Some jobs that cannot exist right now because they're not worth the minimum wage they'd have to be paid might spring into existence when you can start paying people lower and people can actually take that lower pay if it's worth their time because their life doesn't depend on passing it up for a higher-paying job and it's not like they have anything else to do.

      Conversely, some jobs that are underpaid right now because people have to accept whatever they can get or else just die in the street might start paying more as those people walk from those jobs without fear of dying as a consequence and employers have to offer more to entice people back into them.

      In either case, jobs will be paid close to what they're actually worth, as the outcome of a free and fair negotiation, which is something free market advocates should want. (In fact, I've been advocating for something like a basic income, under a different name I made up, since my high school libertarian days, precisely for this reason: an otherwise free market plus what we're now calling UBI is closer to an ideal free market than what we have now, and so a step in the right direction).

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    65. Re:I'd find a job... by Pfhorrest · · Score: 1

      A quantitative point to add to your explanation: if the additional tax to fund the UBI were set at a flat rate of the basic income over mean income, then:

      - that math would automatically balance out to exactly fund the UBI (because that's how averages work)

      - it's guaranteed that there is enough income available to collect that tax from (since you're only collecting a fraction of anyone's income)

      - and that level of income where your stop getting something in net and start paying something in net would fall at exactly the mean income threshold, which is currently around the 75th percentile.

      So, no matter what amount you set the UBI to (I mean, so long as it's less than the mean income, but of course it would be), if you fund it this way, with a flat tax (that should make conservatives happy), there's guaranteed to be enough money to pay for it, and 75% of Americans are guaranteed to see a net benefit from it.

      And that percent who benefit would only go down if, through other means, the distribution if incomes became more equal on their own, which would offset the loss of benefit. Conversely, if income distribution continues to grow more unequal, then automatically more people would start to see a net benefit.

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    66. Re:I'd find a job... by Pfhorrest · · Score: 1

      If you raise funds to pay for the UBI with a universal flat tax at the ratio of the basic income over the mean income, then (so long as the basic income is less than the mean income) there is guaranteed to be enough money to fund it, and everyone below the mean income (currently about 75% of the population) would see some net benefit after tax and UBI. No matter what amount you set the UBI to (so long as it's below the mean income, I mean).

      We could give every individual a luxurious UBI of about $25,000 a year, and fund that by taxing every individual about 50% of their income, and the way the math and income curves work out, about 75% of people would see some benefit from it (that is, they would get more UBI than they pay in tax to fund it), and it's guaranteed that there's enough money in the top 25% to pay for it (because you're not taking more than 50% of anyone's income; you would have to make literally infinite income to even reach that threshold).

      --
      -Forrest Cameranesi, Geek of all Trades
      "I am Sam. Sam I am. I do not like trolls, flames, or spam."
    67. Re:I'd find a job... by Chas · · Score: 1

      YOUR car and YOUR body being inefficient aren't really being subsidized by everyone else.

      --


      Chas - The one, the only.
      THANK GOD!!!
    68. Re:I'd find a job... by bingoUV · · Score: 1

      No, addition in income is additive. Inflation is multiplicative.

      The two functions are very different, so shape of graph is going to change drastically. Some things becoming cheaper, some dearer. "Just enough" inflation to make UBI meaningless is impossible.

      E.g. every body earning 2000 more dollars a month. For people earning 100000 before that, there is 2% increase, for people earning 20000 before that, it is aa 10% increase.

      Now chicken becoming 20% more expensive still means poorer people can now afford some chicken if they were not able to afford it at all before UBI.

      UBI introduces a zero error.

      --
      Bingo Dictionary - Pragmatist, n. A myopic idealist.
    69. Re: I'd find a job... by TomHagan9909 · · Score: 1

      You can do whatever you want after receiving your UBI. No "user the table" is necessary. The point of UBI is an income to insure that your basic needs are met, and then you can do whatever you like. An argument against UBI is that once basic needs are met, people will do nothing. This study proves otherwise, that people after receiving a UBI seek out work to increase their income. Your plan only validates the conclusion of the study.

    70. Re: I'd find a job... by TomHagan9909 · · Score: 1

      And you would be welcome to do so. No "under the table" needed. Your plan just cofirms the result of the study.

    71. Re: I'd find a job... by TomHagan9909 · · Score: 1

      LA found recently that it was paying more to administer "welfare" as it was paying in welfare. Welfare administration costs are mostly to detect fraud. A UBI would be much cheaper to administer because there is little fraud - everyone gets a monthly check regardless. Which would about double the total that could be paid over present "welfare", which would be eliminated. One more reason for looking at UBI.

    72. Re: I'd find a job... by RenderSeven · · Score: 1

      Interesting. However, this assumes that fraud would not increase if detection was reduced or eliminated, and also that UBI would not be subject to fraud. The trick to UBI is making sure everyone and only every one, got a check. Perhaps biometrics - something as simple and foolproof as tattooing a barcode on your forehead at birth but without fulfilling Biblcal prophecy. Without simple foolproof verification it may not work. What UBI does better, I think, is that it removes means testing and thus what I suspect is a large component of fraud. Perhaps the problem of duplication and limiting it to US citizens is easier?

    73. Re: I'd find a job... by Eunuchswear · · Score: 1

      Off your meds again?

      --
      Watch this Heartland Institute video
    74. Re:I'd find a job... by bluefoxlucid · · Score: 1

      transitionary stopgaps aren't really terribly relevant to a discussion of the systems that will replace them

      So, to replace Social Security, let's pay less than what the average recipient receives, but to everyone. Oh, and for the millions who rely on that income as-is today, or in retirement in the next 5 years... well, fuck 'em.

      No?

      You see, son, if you want to fix a damaged valve in a person's heart, the first thing you have to talk about is how you're going to get into their heart without them dying on the table. Great that they have a working heart afterwards--too bad they're long-dead.

      And even as a stopgap that defeats much of the purpose of a UBI, as you still have all the bureaucratic overhead of verifying need-based aid.

      I actually expect the public aid for dependents of low-income households to be permanent, or at least semi-permanent. It's not a way to hold the system in a stable state during transition; it's the best long-term plan I have.

      As for bureaucratic overhead and such, that's not actually a thing--at least, not a substantial thing. Welfare is generally cheap to administrate. The problems are largely in terms of delays and false-negatives: you have to apply for welfare, and they have to approve you.

      With a functional UBI, the size of the public aid system shrinks dramatically. That removes a large amount of risk and cost, allowing the system to focus on delivering on its mission more-effectively. That's a big step up.

      As for expanding the system to provide said aid for everyone? It'd multiply the cost of such aid by an order of magnitude. That means people in the middle- and upper-classes would lose the advantage of a UBI unless they had children of their own to claim some of the cost they're paying for everyone else's children. We're talking about 1.4% of your income versus some 8%-10%, and in both cases not paying that money back to everyone evenly, as a UBI would.

      Functionally, this means single individuals and couples without children are second-class citizens. Really, it means single-individuals are fourth- or fifth-class citizens, after married couples with lots of kids, single parents with kids, married couples without kids, and unmarried couple households. I suppose it's an interesting way to make the gays pay back the tax benefit they get from legalized gay marriage, if that's your angle: a hefty fine on non-reproducing households.

      So you've defined a qualifying aid system with a qualifier of how many children you have, rather than of how much income you have. It takes from some people and gives only to certain other people; rather than all sharing the cost, some bear the cost.

    75. Re:I'd find a job... by david_thornley · · Score: 1

      If I have to pay a thousand more in taxes, and four thousand less in medical care, I think I could live with that.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    76. Re:I'd find a job... by Immerman · · Score: 1

      > So, to replace Social Security, let's pay less than what the average recipient receives, but to everyone....
      That is indeed a wonderful topic of discussion - one with direct bearing on the target, rather than just on the transition. Most importantly it's worth recognizing that social security is NOT a tax-funded benefit program, but a pre-paid retirement plan - when people talk about the SS System going broke, it's because the federal government has borrowed trillions from it to pay for other things, and doesn't want to pay it back. Any transition plan should obviously make sure everyone who has paid into social security gets the retirement payments they've already paid for.

      Why would you expect other low-income aid programs to be permanent in a society where every adult gets a UBI sufficient to survive on? The UBI *is* the low-income aid program - one that phases out gracefully and invisibly as your income rises, with no bureaucratic involvement.

      >That means people in the middle- and upper-classes would lose the advantage of a UBI...
      That's kind of the point - the UBI is gradually clawed back in the form of income taxes until at some point, usually discussed at the low end of the middle class, the direct financial benefit disappears entirely. Even they though get the benefit of the seamless safety net, and the freedom to pursue a better education or higher-risk endeavors such as starting their own business without being completely dependent on their own savings.

      Whether children get a UBI is something I believe I addressed in my original topic, and I rather think the answer should be somewhere between "no" and "minimal", for similar reasons to your own - I see absolutely no reason to incentivize having children on society's dime unless population growth is so precipitously negative as to jeopardize long-term economic stability.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    77. Re:I'd find a job... by Maritz · · Score: 1

      Here in Chicago I have read stories about local welfare recipients who have raised entire families on the taxpayer's dime. Subsidized housing, food assistance, power/gas assistance, childcare assistance, subsidized health insurance, subsidized transportation, subsidized Internet, free cellphones. All of life's needs are taken care of so long as you vote Democrat and the Democrats are able to continue borrowing money.

      The scary thing is I know people that refuse to believe that some will choose public assistance over working a job. Of course the people I know like that don't live anywhere near areas with high numbers of people on assistance. If your choice is between a minimum wage job for eight hours a day plus travel time or chilling at home all day and collecting a check, some people will take the check.

      You should link some of that, sounds interesting.

      --
      I do not want your cheap brainburning drugs. They are useless for work. And I am a working man today.
    78. Re:I'd find a job... by JesseMcDonald · · Score: 1

      If you raise funds to pay for the UBI with a universal flat tax at the ratio of the basic income over the mean income, then (so long as the basic income is less than the mean income) there is guaranteed to be enough money to fund it, and everyone below the mean income (currently about 75% of the population) would see some net benefit after tax and UBI. ... We could give every individual a luxurious UBI of about $25,000 a year, and fund that by taxing every individual about 50% of their income ...

      You make an interesting point about the ratio of basic income to mean income, but something seems off about the calculations. I'm not sure where you're getting your figure for the mean income—I wasn't able to find any reliable sources, they all report median income instead, which is close to the $50k you used to calculate the 50% rate—but the IRS reported $9T of taxable adjusted gross income for 2013 and the adult (18+) population of the USA is around 250 million, so that would give a mean AGI of approximately $36 million dollars per adult. In other words, you wouldn't need to impose a 50% income tax to give every adult a tax-exempt $25k handout, just a flat increase of 0.07% of AGI over the current rates. The total annual cost of the program would only be $25k*25M = $6.25B, after all, which is practically a rounding error in the $3.8T federal budget (2015). This is assuming all else remains equal, of course; historically it would be a bad idea to assume that a given increase in the tax rate will result in the same (or any) increase in total tax receipts, and the UBI itself is likely to have some effect on non-UBI income.

      Naturally, the initial effect would be a massive increase in the prices of consumer goods offsetting the sudden increase in demand. Handing people an extra $25k does not mean there is suddenly $25k worth of extra stuff available for them to buy, just that there is more money on the market bidding for the same limited supply of goods. (The money was on the market before, but directed toward different goods.) It remains to be seen whether the average citizen's purchasing power would actually increase over the long term as production adjusts to the new demand profile.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    79. Re:I'd find a job... by JesseMcDonald · · Score: 1

      ... the IRS reported $9T of taxable adjusted gross income for 2013 and the adult (18+) population of the USA is around 250 million, so that would give a mean AGI of approximately $36 million dollars per adult. In other words, you wouldn't need to impose a 50% income tax to give every adult a tax-exempt $25k handout, just a flat increase of 0.07% of AGI over the current rates. The total annual cost of the program would only be $25k*25M = $6.25B, after all, which is practically a rounding error in the $3.8T federal budget (2015).

      Actually, forget all of that. Both calculations are off by three orders of magnitude. Mean AGI is only $36k, not $36M. (I thought that seemed incredible... I was using "trillion" = 10^15 rather than 10^12.) To pay $25k per adult would require a total of $6.25 trillion, not billion (i.e. double the total federal budget for 2015), and raising that amount would require a flat tax of about 70% of the 2015 taxable AGI, not 0.07%. That's 70% extra on top of the current rates, since everything else still needs to be payed for, though a few programs (not a majority of the budget) could potentially be repealed as redundant once UBI was in place.

      Obviously an extra 70% tax would be completely impractical; combined with the existing non-UBI taxes it would result in a marginal income tax rate in excess of 100% for anyone making over about $190k. Not only would they lose all incentive to try to earn more, they would actually be penalized for every extra dollar they earned—so of course they wouldn't earn more than that, and most of the taxable income you would be counting on would evaporate. An extra 20% income tax to fund UBI would be more plausible (for a total tax of around 60% on the top brackets), but then you would only get $7.2k per adult, which is well below the poverty line and thus much less interesting.

      Also, AGI may not have been the best metric to use for taxable income. After deductions, the IRS-reported taxable income for 2014 was only $7 trillion, vs. the AGI of almost $10 trillion. After this 30% reduction in the base amount the payout would be just $5k per adult rather than $7.2k.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
  16. Re:Yes, but... by maglor_83 · · Score: 1

    Instead of a UBI, make it a 'PBI' (progressive basic income). Say the BI is $10K, and we are not including this in income. Once you're earning $5K, the BI reduces 25c per $. So once you're earning $45K, you're not actually getting any of that $10K, which is fine because you don't need it. This GREATLY reduces the cost, yet still has the advantages of the safety net and eliminating most of the welfare overhead. I haven't run the numbers for my country (Australia), and likely won't with a kid around when I'm not at work, but I'd be interested to see how different this would be to existing welfare costs whilst making it a liveable wage - say the poverty line.
    There's also the issue of some areas having much higher cost of living - but then perhaps it would also have the welcome effect of a reduction in urbanisation.

  17. Re:Since when $1.50 every day is $16,000 a year by maglor_83 · · Score: 1

    $1.50 if 29% of an Iranian median wage, and $16K is 29% of an American median wage.

    Someone went through the American education system.

  18. Re:Stundy out of Iran? really ?? by hazardPPP · · Score: 1

    yea becouse I'd believe anything coming out of Iran ... not. /. is really stretching here.

    Right, because Iran has no one capable of doing studies like this, since it's a country in the Dark Ages. All of the Iranians among graduate students and faculty at top US universities are then...ghosts?

  19. It worked for me... pretty much, mostly. by SpaceDave · · Score: 3, Interesting

    I acquired a passive income 15 years ago that was roughly equivalent to a UBI. I left my job and let someone else have that income while I developed a new business that I never could have built otherwise. Awesome result with one big caveat: After 10 years my passive income started looking less secure and I suddenly realised I'd been kidding myself about how hard I'd been working. I doubled my productivity instantly.

    I had become less productive with a guaranteed income, but even so the effort has given our community a new business that brings in tourist dollars.

    May be the perfect formula doesn't actually require 40 hours per week. Maybe we can afford for most people to be a bit less productive (call it more lazy if you like).

    I say we should give UBI a try - at least throw a moderate budget into some more thorough research.

    1. Re:It worked for me... pretty much, mostly. by AlanBDee · · Score: 1

      In the US we have to fix Health Care before we could event consider UBI. We have many good examples from many other countries that prove that a Single Payer system works, yet many voters think it's a horrible idea. If UBI does actually work the U.S. would probably be one of the last countries to do it, largely because of our culture.

      Honestly, if it weren't for family, I'd move to Denmark or Sweden (my heritage)

  20. Re:Wrong Question! by Anonymous Coward · · Score: 2, Informative

    Socialism has nothing to do with Venezuela and you damned well know it. Maduro is NOT a socialist. He's a corrupt dictator who is tearing down the socialist constructs of that country. In other words, as usual, it is another case of conservative authoritarians who are fleecing the country. Reason: CORRUPTION! Human Nature!

  21. Re: On the political right by Anonymous Coward · · Score: 1

    You are dangerously out of touch with reality. Let me guess, born in the late 80's / early 90's?

    You have *NO* idea what it "used to be like" for your parent's generation. You've grown up with participation awards and low standards and diminished expectations, so I guess society is to blame, but still... wake up dude.

    People in general don't value things they are given for free. Never have, never will. Why should they? If it's free I can always get another one, right? Money for not working? Hell yes sign me up - as long as YOU pay for it, not me!

    Every research project into unemployment payment durations show that the longer the payments last, the longer people stay unemployed. It's just how people are.

  22. On Laziness by mentil · · Score: 2

    What's it matter if people work less due to UBI? If a UBI is implemented due to automation permanently displacing jobs at a faster rate than new jobs can be created, then it would be expected that people would be working less. Even if that's not the case, it's not necessarily due to laziness. Many old people who would/should be retired, find work because their retirement savings/pension/social security payments are inadequate for their lifestyle (or any lifestyle, potentially.) Others are effectively disabled, alcoholic, or otherwise 'can' work but only at great disadvantage, generally through no fault of their own; many of these people are considered unemployable. Others aren't disabled but have some medical issue (arthritis etc.) that causes great pain doing any work; some people hurt standing for long periods of time, or can't sit still for long periods of time. Are these people 'lazy'? If so, does that mean they deserve to starve to death in the gutter?

    As easy, unambitious jobs go away, layabouts won't suddenly rise to the occasion and gain some professional skills; they'll complain that there's no jobs, and continue being leeches (usually, on their family and friends.) In reality I don't think many of these people exist, they tend to either a) do odd jobs, or bounce from job to job constantly, or b) are low-grade criminals, petty thieves et cetera. In both cases, it probably costs society less to just hand them some money to leave the rest of society alone.

    --
    Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
  23. Re:Wrong Question! by king+neckbeard · · Score: 4, Insightful

    You've got cause and effect backwards. People largely abuse drugs and alcohol to cope with things like their shitty jobs.

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    This is my signature. There are many like it, but this one is mine.
  24. Re:Wrong Question! by Ichijo · · Score: 5, Insightful

    Problems we have with our current welfare system would be exacerbated greatly.

    Except that one big problem with our current welfare system is that if you work, you lose welfare benefits, and this creates a disincentive against working. A Universal Basic Income would come with no such restrictions.

    --
    Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
  25. Re:More damn stupid propaganda by king+neckbeard · · Score: 1

    What, a headline doesn't include all of the nuances? What seems to be happening is that young people are focusing on things like education, since they can afford more of it now.

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  26. No evidence...except for young people by mveloso · · Score: 3, Insightful

    There was no evidence that people who got paid some cash allowance didn't work, except for the age group where the amount was material (the young).

    That's quite a different conclusion than the headline would suggest.

    1. Re:No evidence...except for young people by johannesg · · Score: 1

      Obviously true, since people would accept this so-called 'UBI' as a windfall, rather than a permanent solution. You get some bonus money - great! But next year you still need to eat, so you keep your job / shop / taxi business going.

      This is hardly evidence of the claimed benefits of UBI. Moreover, since it is paid for by oil income (i.e. a limited, finite resource), it isn't sustainable either.

  27. Such a pity people die in their 20s by rsilvergun · · Score: 1

    and don't mature and work more as they age. Also, when did social justice become a bad thing?

    --
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  28. Re:Wrong Question! by Anonymous Coward · · Score: 1

    UBI would mean people would quit shitty low paying jobs until the employers realize that shit jobs need to be paid better. UBI would displace welfare and other handout programs. Would people not work possible a little more in the short term simply because many of us are just burnt out. In the mean time the job market would balance out. A side benefit to UBI would be innovation people would have the freedom to pursue new ideas and their passions. A side effect to this is increased productivity because when people are actually doing what they love then they tend to do it MORE,

  29. Work doesn't matter; productivity does by Solandri · · Score: 4, Insightful

    found that in some cases, like in the service industry, people worked more, expanding their businesses or pursuing more satisfying lines of work

    That right there is the fly in the ointment. Simply working isn't enough. You have to do work producing something other people want, not necessarily what you want. Work has value because it produces something other members of society are demanding. If a UBI allows you to quit a productive job in order to start an unproductive one (e.g. artist), the net result is that the country's productivity decreases, and the standard of living drops. (Which means the UBI has to be increased to keep it at the level of "basic", starting a vicious cycle of continuing productivity declines and UBI increases.)

    As an extreme example, nobody wants to collect garbage, repair toilets, clean septic tanks, etc. But because it's needed, society pays a lot for it - enough to entice some individuals to live with the stink and do it for a living. If a UBI causes some of these people to quit and take up more "satisfying" lines of work, the prices of these services will go up, resulting in less income available for people to spend on other things, resulting in the UBI not buying as much as it used to, resulting in the government increasing the UBI to compensate for its decreased purchasing power, resulting in more people switching to more "satisfying" work, resulting in more prices going up, etc.

    The economy wants to price things according to how much society values it. Attempting to thwart that with a UBI or minimum wage doesn't make that tendency disappear. The economy just interprets that as damage to the system, and routes around it - by devaluing the currency to lessen the impact of the fixed value of the UBI or minimum wage on prices.

    1. Re:Work doesn't matter; productivity does by Anonymous Coward · · Score: 1

      It could also lead to a general pay raise for garbagemen; or it could lead to the positions being filled by immigrants willing to hold an unattractive occupation, in order to establish themselves and build a future for their offspring. Most likely a combination of the two, unless the person responsible for garbage services is an MBA with the power to grant himself bonuses for reduced short-term costs.

    2. Re:Work doesn't matter; productivity does by skam240 · · Score: 2

      You don't understand what UBI is. It's not a utopian wage until we have utopian levels of productivity (ie. robots that do all of the jobs you list). In the in-between time (the debatable period in which automation is putting people out of work faster than new jobs are created) it's a dollar amount that keeps food in your belly and a roof over your head. Want a TV, a sensible car, or any number of other luxury? You'll be quite happy to work any of those jobs you list and at fairly low wages as your basics are already taken care of (minimum wage is not needed in a society with UBI).

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    3. Re:Work doesn't matter; productivity does by AmiMoJo · · Score: 1

      Some unpleasant jobs will be automated. The rest will be paid better. As long as the level of UBI is enough to cover the end cost to consumers of those services, it's an overall gain.

      --
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    4. Re:Work doesn't matter; productivity does by pellik · · Score: 1

      If you remove the incentive to work a difficult $200/month job, then minimum wage isn't needed. Wages will have to self-adjust to attract people to do those jobs.

    5. Re:Work doesn't matter; productivity does by swb · · Score: 1

      Collecting garbage in many places is already extremely automated. You have a driver who almost never gets out of a truck who uses hydraulics to grab, raise and dump the can into the back of the truck. As automation increases these kinds of jobs into something more like "monitoring" than "doing", they become less demanding and more likely to find people willing to do them.

      I also call into question your definition of "socially redeeming" production. Why is decorative arts "unproductive" but working in a factory making sugary cereal or filling out TPS reports "useful production"? I think there's a strong argument to be made that a lot our so-called productive economy doesn't actually produce what people want, and that instead we stimulate artificial demand for marginal or useless products. A lot of "productive output" is merely the administration in service of the business of empty consumerism.

      If UBI were to re-orient human society towards more leisure time, I would expect than an economic shift would occur in production towards goods and services in support of leisure activities. In a world where people have more time for water sports, why is it worse for the economy if it shifts from making office furniture to making water sports equipment?

    6. Re:Work doesn't matter; productivity does by sootman · · Score: 1

      > As an extreme example, nobody wants to collect garbage, repair toilets, clean
      > septic tanks, etc. But because it's needed, society pays a lot for it - enough to
      > entice some individuals to live with the stink and do it for a living. If a UBI
      > causes some of these people to quit and take up more "satisfying" lines of
      > work, the prices of these services will go up

      There are a lot of variables in play. Maybe instead of one guy HAVING to do a lousy job for 40 hours/week just to survive, maybe UBI would make it so people could get by OK, and two people could do the job for 20 hrs/week each for a little extra money without being *too* miserable.

      --
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  30. Re:Wrong Question! by Anonymous Coward · · Score: 1

    That's a negative, ghost rider. That trope is old and worn out. 11 Billion dollars went missing from the state-run oil company Petróleos de Venezuela. That's corruption. Those banditos also refuse to pay all their suppliers and labor. Where'd all that money go? Must have been given to druggies in the streets right? Reuters has articles showing the kickback schemes that were worth millions. All you have to do is google "reason Venezuela collapse" and you'll get tons of stories. Most mention oil in passing usually at the bottom of the list. Venezuela supposedly has the world's largest oil reserves and they make so much money that oil dropping 50% in value should still net them plenty of money- unless it's being skimmed off the top. More corruption- and that's not speculation- Maduro and his cronies are under (a stalled) investigation for it. Commandeering foreign assets? Now why would they do that? Oh yeah free money. Who's gonna stop them? Look, the order of operations shows you what has happened. While Chavez was no saint, when he ran it, he knew enough to only steal a little money so as not to kill the cash cow. Maduro has gone full vampire and sucked the cow dry. Yet somehow, this is socialism's fault instead of good old fashioned greedy latino dictators. This same thing can happen here in the capitalist America. Look at all the laws congress has been passing while we're arguing about where a person can shit or what the fuck covfefe means. One example is Marsha Blackburn selling us out to Comcast and Verizon. If the repubs get too damned greedy, like they are wont to do, then we'll get us another housing(or whatever) collapse and recession. Oh you forgot about 2008?

  31. Fallacious reasoning by mysidia · · Score: 3, Insightful

    "What we have accomplished is at the very least to shift the burden of proof on this issue to those who claim cash transfer [sic] make poor people lazy,

    No you/they haven't. Burden of proof to support a costly program or scheme does not work that way: You have the burden, and your concept doesn't have merit until you've proven it ---- showing a little bit of evidence doesn't change the burden of proof to someone else's. The burden of proof remains to show that Universal Basic Income provides more value than it costs in order to justify this radical scheme.

    As for the evidence that providing Food or resources without having to work for it promotes Laziness or failing results ---- the strong exemplars of this happening are readily available throughout history. Communism/Socialism to any degree reduces production and doesn't create sustainable economies; history's littered with numerous examples...

  32. Re:Wrong Question! by Anonymous Coward · · Score: 3, Interesting

    Oh please. I made no such allusion at all. Using your logic, we have a panel of dictators here in America. They're called The House, The Senate, and the Supreme Court (and we don't even get a choice with these judges). That is ridiculous. The raiding of the state's coffers is the issue. And I mean actual raiding, as in stealing. Taxes, entitlements, subsidies, etc are not stealing. That is wealth that is recirculated in the general economy. I mean when people like Maduro take the money and buy themselves a new mansion or a yacht or whatever. That is to the benefit of a single person as opposed to the general welfare of the nation.

    Also please explain how the following sentence is not correct: "The Right's target, and the dictator's target, is always the same: "Here's something that takes precedence over individual rights"." I'm 40. The right has never, not once, given the people any individual rights as you claim. Name one. They're always taking them away. We've been sliding into said hell here in the US and its worst incarnations so far (cause it started way earlier) are because of the Patriot act. That was a Republican thing. All the stuff conservatives bitch about the Dems doing have been proven time and time again to be exactly what they are doing themselves. Guilty dogs bark and they bark a lot and loudly. Keep barking so we know where you guys are, ok?

  33. Re:Yes, but... by stdarg · · Score: 1

    and eliminating most of the welfare overhead

    How much overhead will it eliminate? This is basically welfare. That means it's going to have the same pressures as welfare. Does a childless single man get the same UBI as a single mom with 3 kids? Probably not. Are people going to suddenly be okay with illegal immigrants getting UBI? Only in some states. If this is replacing food stamps, will there be a push for things like UBI only working on certain food items (i.e. can't use food stamps for cigarettes).. probably.

    I wouldn't expect any cost savings at all, just a transfer.. maybe the IRS gets 10x bigger and all the welfare offices close down.

  34. Even assuming by SeattleLawGuy · · Score: 1

    Would some people be completely unproductive with their "extra" free time? Absolutely. Problems we have with our current welfare system would be exacerbated greatly. People that currently work to afford drug and alcohol addictions would now have no need to work, so society as a whole gains a dependent class at the expense of those who want to produce. Those that want to produce will simply stop producing when they can't receive the fruits of their labor because it's going to a massive welfare state.

    ...

    Even assuming all that were true, it wouldn't necessarily make it a bad idea. The question is what effect it has in the aggregate. For just one or two examples, consider that there is a HUGE percentage of poor people who have to spend so much of their time navigating badly designed and underfunded social aid systems that they find it very difficult to find new jobs or keep their jobs. If someone has housing, it makes it much easier for them to get a job. So while there may be negative effects from this, there are also potential positive effects from a universal basic income. Which is why it should be studied until we understand it better.

    --
    Real lawyers write in C++
    1. Re:Even assuming by s.petry · · Score: 2

      Good answer Comrade! But then why did China and Russia stagnate for many decades in terms of both production and innovation while the US became the biggest innovator the world has ever seen? Why did China have to move to a partial market economy to promote innovation and productivity, instead of pushing out a bigger and better UBI program than the world has ever seen? Why did Russia also move to a partial market economy to promote innovation and productivity?

      The "hard wired producers will always take it up the ass" thought process is a fabrication and fantasy!

      --

      -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  35. UBI ? by Archfeld · · Score: 1

    If I had a UBI I'd continue to do the desktop support I do for the old folks, but I'd quit the part time job I have at the market and spend twice the time volunteering at the library teaching retired folks and grade school kids computer literacy. In other words I'd continue working at the job I find personally fulfilling and drop the drudge work. The underlying issue is still healthcare and future retirement. Would the UBI provide enough money to pay for the health care that I need now, and how long would I receive a UBI past retirement age ? I don't look forward to eating cat food as an retired old man. Luckily I have 20+ years of paying into social security and house payment or such as of now. So if and when I can no longer work I will only have property tax, house maintenance and such very basic expenses, provided social security in some form survives.

    --
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  36. The Scientific Method by SeattleLawGuy · · Score: 5, Insightful

    yea becouse I'd believe anything coming out of Iran ... not. /. is really stretching here.

    Right. I mean, they probably even disregard the scientific method and still fight over things like whether global warming and evolution are real.

    --
    Real lawyers write in C++
    1. Re:The Scientific Method by AlanBDee · · Score: 2

      Where I live (Republican Utah) most the people I talk to don't disagree that global warning is happening. They just argue that it's either not our (the US's) problem or that it's not as critical as it sounds. That the "science" community is hyping it up too much. It's hard to hold a straight face and not get mad but that is there perspective.

      Very few people I talk with don't believe in evolution. They believe that evolution was the tool god used to create humans. Because genesis was written before we had a decimal based numbering system the authors were incapable of understanding large numbers, like 4.5 Billion years.

      You can criticize these people all you want, but I see people trying to explain how science and religion can both be true.

  37. Re:Wrong Question! by Anonymous Coward · · Score: 1

    Problems we have with our current welfare system would be exacerbated greatly.

    Except that one big problem with our current welfare system is that if you work, you lose welfare benefits, and this creates a disincentive against working. A Universal Basic Income would come with no such restrictions.

    Which is why as a relatively conservative/liberation. I am all for it! But we need to come to accept that people who work will be able to afford more and nicer things. The income should be enough to get by in most of the country but it ain't going to pay for rent and food in Beverly Hills or even a nicer suburb.

  38. Why let employers off the hook? by sethstorm · · Score: 1

    BI looks at the problem at the wrong end, letting employers off the hook - versus obligating them to hire and retain more citizens.

    Existing programs similar to BI in the US (SSI/SSDI) already have a negative effect on work, as employers have no real obligation to hire from them.

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    1. Re:Why let employers off the hook? by PPH · · Score: 1

      obligating them to hire and retain more citizens.

      Because I don't want some of these people inside my company.

      --
      Have gnu, will travel.
    2. Re:Why let employers off the hook? by sethstorm · · Score: 1

      You're paying them either way. Besides, employers in general have developed an unhealthy entitlement mentality.

      Perhaps it might be time for employers like yourself to experience what regular individuals have experienced for ages.

      --
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    3. Re:Why let employers off the hook? by PPH · · Score: 1

      You're paying them either way.

      Fine. So long as I don't also have to pay someone to clean up the damage that they do. And actually I'm not paying them so much as the public at large is having a slice taken out of their paychecks and a surcharge added to their purchase prices to support them. If that's what you want, great.

      --
      Have gnu, will travel.
  39. Works Well in Finland! by vonFinkelstien · · Score: 1

    I wonder if Linus is part of the trial. https://www.weforum.org/agenda...

  40. Re:Wrong Question! by Cipheron · · Score: 3, Insightful

    ... also another major point is that Venezuela has had an unprecedented drought that's stuck since 2013. That's not hard to check out, and it's crippled agriculture. Coupled with the sustained drop in oil prices, these two factors have in fact devastated food production and imports simultaneously.

    The other side of the coin is in fact a thing called "price controls" and those aren't necessarily a socialist measure, they're a tactic used by many governments when inflation is getting out of hand. This is the really big mistake Maduro made. Price controls cause a discrepancy between the official price and the black market price, leading to hoarding and speculation, which causes further inflation, and necessitates rationing of the controlled-price good, thus leading to long queues. The insidious thing about price controls is that they *create* shortages even if there's plenty of production, because they can create a speculative bubble in the price-controlled asset.

  41. Re:Wrong Question! by Opportunist · · Score: 2

    The system is actually closer to what central Europe has than what's going on in Venezuela. And we're currently stress testing whether the system works when thousands over thousands of people flock into it...

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  42. Re:Wrong Question! by Opportunist · · Score: 4, Insightful

    Saying that the "greater something" is more important than individual rights is leftist now? "You are nothing, your people is everything" and all that?

    Wow, and they told me at school that Fascism was a right wing ideology...

    Please understand finally that extremism wants to take your liberties. Left or right doesn't really matter here, any extremist ideology puts the ideology over your personal freedoms.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  43. Re:Wrong Question! by Togden · · Score: 1

    Those that want to produce will simply stop producing when they can't receive the fruits of their labor because it's going to a massive welfare state.

    Actually I think this is precisely the problem with communism that UBI solves. The socialist extreme is that everyone gets the same amount and that doesn't work because you need to retain the concept that you get more for doing more valuable work or what is the point. The un-taxed capitalist extreme is that everyone gives out their money in exchange for the things they want, this gives control out in proportion to wealth, naturally we all avoid loosing our money so this also doesn't work because the rich get richer and the poor get poorer. With UBI, people are indiscriminately protected from poverty to some extent, but at the same time work is rewarded, just less, retaining the motivation to work. Also I'd like to add that in my experience addiction and poverty are associated, which if you understand addiction, makes sense. If we recuse those people from poverty, many of them will also be rescued from addiction.

  44. It's the opposite by Anonymous Coward · · Score: 1

    Actually, freedom and capitalism reign supreme in the overwhelming majority of World's shitholes. But popular immigration destinations, such as US, have a much stronger social support system than average: https://en.wikipedia.org/wiki/List_of_countries_by_social_welfare_spending

  45. Re:Wrong Question! by Opportunist · · Score: 1

    I don't even think that people would. Yes, many would quit lousy jobs, but equally many would notice that they need to replace something in their home or need to buy something, and need a few 100 bucks. They would notice that working 3 weeks as a burger flipper would give them that. And if that's all they're qualified for, they'll do just that.

    And given the unemployment situation in the, let's say, less qualified group of the population, you'll always find someone who needs to make a few 100 and who will take the spatula for a week or two.

    You'll have an extreme fluctuation, but you will find people to do those jobs.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  46. Re:$1.50 x 365 = $16,000 by Michael+Woodhams · · Score: 1

    They mean $1.50 per day in Iran gives you a standard of living comparable to getting $16,000 per year in USA. It was badly worded - I had to look twice to figure out what they meant.

    --
    Quattuor res in hoc mundo sanctae sunt: libri, liberi, libertas et liberalitas.
  47. Re:Wrong Question! by Kiuas · · Score: 2, Interesting

    People that currently work to afford drug and alcohol addictions would now have no need to work, so society as a whole gains a dependent class at the expense of those who want to produce.

    The thing is, people whop work just to get money to fund an addiction are most likely working jobs that are going to be gone anyway in the next couople of decades. That is, someone working a warehousing or a fast food job just to be able to afford booze is not going to be able to find work in the future regardless because automation is already making such jobs obsolete and is only going to keep going.

    Those that want to produce will simply stop producing when they can't receive the fruits of their labor because it's going to a massive welfare state.

    Bullshit. The very poiint of this story for example is to point out that the people who can work will not work any less under UBI because you still get more money if you work rather than just being on the UBI. The incentive to work if you can and those raise your standard of living is still there,

    If Socialist utopias worked, Venezuela would be a paradise right now instead of the hellhole it is. Massive amounts of people would be fighting to get into Cuba, China, Russia, the DPRK, and all of the other "Socialist (also known as communism without so many government guns)" countries.

    Ah, this argument again. I live in Finland, you know, one of those 'socialist' that offers free healthcare and education with tax money. We have an extensive welfare system already and are also trialing UBI to replace/modernize the wellfare system to make it more flexible. Other countries that have similar systems include but are not limited to: sweden, norway, denmark, Germany, France, etc And last I checked, the US has a social security system also funded by taxes.

    There's some sort of weird american myopia, in which the only alternatives seem to be an massive oligarchy á la Russia or modern day US where the top 0,1 % is doing insanely well, the next 9,9 % are doing alright and then the middle and low-income classes are going down, or a 3rd world hellhole. This is just one giant strawman and the age old 'no social policies can ever work because the soviet union' -argument which is utter BS. The advanced European economies have been working as de facto socialist states for the better part of half a century, yet somehow conveniently we are always ignored in these conversations even though we've been far more successful in the implementation of these policies than the 3rd world countries that you just listed. We outperform the US in basic education and health, people are happier, there's less violent crime, less corruption etc. Quoting the study on happiness:

    The USA is a story of reduced happiness. In 2007 the USA ranked 3rd among the OECD countries; in 2016 it came 19th. The reasons are declining social support and increased corruption (chapter 7) and it is these same factors that explain why the Nordic countries do so much better.

    But sure, keep looking at Venezuela if it makes you feel good.

    They are not doing so, they are all trying to get to the most free countries in the world with Capitalist economies (closest representations at least) and representative democratic Governments.

    We have both a capitalistic system (a capitalistic economy does not prevent strong social policies) and a multi-party representational democracy. And if I had to choose, I'd much rather stay here (on in any other

    --
    "It is the business of the future to be dangerous" -Alfred North Whitehead
  48. Re:Wrong Question! by dunkelfalke · · Score: 1

    'no social policies can ever work because the soviet union' -argument which is utter BS

    Even more bullshit because the only social safety net USSR had was meant for disabled people. Every able-bodied person had the duty to work and earn a wage. Oh, and the current European social safety nets were established in the late 19th century, several decades before the Soviet Union was created.

    --
    "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
  49. Re:Wrong Question! by skam240 · · Score: 1

    The key flaw in your post is that you seem to think that UBI is communism when it is anything but.

    People want to work under a UBI system precisely because of the "B". "Basic".

    Want a smart phone? Gonna have to work for it. Want a TV? Gonna have to work for it. want a car? Gonna have to work for it. Unlike communism where there is no incentive for hard work, under UBI the people have shit-tons. Any material desire beyond the basic requires a job.

    Then you go on to make terrible analogies to failed states that operated under completely different systems. Please educate yourself before you post again on this topic.

    --
    I ignore Anonymous Coward posts. If you want to discuss something, that's awesome. Log in.
  50. why are we reading advice from a religious state? by nomad63 · · Score: 1

    All religious communities are socialist economies by their nature. All religions dictate that it is a sin that you go to bed with a full tummy while your neighbor is starving. You have to share. It has different names in all religions but in Islam, it is known as Fitrah (or something sounding very similar to this) and if you are above average wealth, you have to donate 1/40th of all your worldly possession to the mosque and the honest people (of my ass if you ask me) like mullah and imam's, will distribute these donations to the needy. Iran runs with sharia laws. So, a basic income without the government mandate is a very plausible set up for their citizens. For them, UBI is just a name change and provider change for the income. Here in the US, I see ton of welfare mothers with 3-4 children in their tow, shopping at the supermarket and buying the most expensive cut of meat and mist expensive cheese they can get their hands on. Of course, their off the book boyfriend is providing them the necessities and the welfare money is their ticket to luxury items. Giving them UBI may just take the burden of giving birth, unless of course they can double dip. US has a chronically lazy segment of population and unless all free money sources dry out, you can not expect these lazy mofo's to put in a hard day's work.UB I might be okay in already socialist economies, until they can not tax actually working people any more. By that time, if robots are doing all the work, nobody will want to work. If I work and get the same money as the UBI recipient, why should I bust my ass ? When we reach the singularity, we can discuss UBI again, but until than it is a losing bet for the working population. Because there always will be some smartass who thinks he/she can game the system.

    --

    __________
    The more I know people, the more I love animals
  51. Re:Wrong Question! by Anonymous Coward · · Score: 3, Insightful

    You're totally ignoring the inflation that would happen when people suddenly have this "extra" money.

  52. Stop being envious and petty by FeelGood314 · · Score: 1

    To all the people bitching about these hypothetical lazy people would you personally stop working if you had a guaranteed income? Will it kill you if a small percentage of the population takes advantage of it and doesn't work? Here's a clue most of the population doesn't work for an income already - the young, the retired, stay at home mothers, those unemployed, those in jail (in the USA those in jail make up a non-trivial part of the population). So of those people who are working how many of them will stop working? Of those who stop how many will try and improve their skills? And of those who aren't working how many will now start to work because they won't be penalized for earning money?

    I can see arguing against UBI based on the cost but most of the arguments here are based on envy and pettiness.

    Disclaimer: I have very good income already. UBI would be irrelevant to my income while the taxes for it would likely sting a bit.

  53. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  54. Time-based economics by shanen · · Score: 1

    No insult intended, but would you agree that your comment was "insightful"?

    What I was looking for (after "funny" of course) was insightful analysis or discussion. Certainly didn't find any in the comments so moderated, and none of my other keywords found anything either...

    My ekronomic (time uber money) analysis breaks things into three categories. Essential working time is quite small in advanced societies, so most of the working time goes into the other categories: investment and recreation. The guaranteed income essentially keeps the economy working by sustaining demand, though if you want your society to become more competitive in the future, you want to incentivize investment spending over recreation. However, even the recreation spending contributes to the economy.

    This is just the elevator version. Details available upon polite request. On Slashdot? Polite? ROFLMAO.

    --
    Freedom = (Meaningful - Coerced) Choice != (Speech | Beer^2), and sad sock puppets' bad mods avail them naught.
  55. Re:Wrong Question! by sjames · · Score: 1, Insightful

    You mean like when a bunch of young men get drafted to go shoot at the Communists?

  56. Re:Wrong Question! by johannesg · · Score: 1

    Then why is there a positive correlation between alcoholism and unemployment?

  57. Re:Wrong Question! by Kiuas · · Score: 1

    Drug addicts aren't all cracked-out fast food junkies like you see on COPS. There are many people with professional jobs that are drug addicts.

    Sure, I never claimed they're all working low-income jobs.

    But the thing is that doesn't matter in the context of the point I was responding to: the investment bankers making millions and snorting coke off the boobs of strippers are not going to suddenly switch to a life on basic income of a few hundred if such is made available to them because they've grown accustomed to a level of income that's far above anything that an UBI would offer-

    The people OP was talking about,. people who'd in his opinion stop working altogether if UBI came about have to by necessity be people who's level of income would not drastically change if they seized working, so we're talking about low-income workers in this case and hence jobs that are about to disappear in the near future in any case. That's the reason for my wording, and I stand by it, even though you're entirely correct that addiction affects all income-classes

    --
    "It is the business of the future to be dangerous" -Alfred North Whitehead
  58. Re:Yes, but... by jellomizer · · Score: 1

    UBI cannot replace welfare. But it can reduce the large number of people who are on the edge. Even with UBI there are people who can't manage money. That is why we have food stamps, a card that can only buy food, welfare will normally pay the rent for a low cost apartment, you get put on Medicaid for healthcare. Then you get a small amt of money for miscellaneous spending.
    Because for some people they are unable to budget their lives. And UBI would have them starve homeless as their basic income wouldn't be spent wisely on things they need but what they want right now.
    Now this isn't the majority of people on welfare and UBI could get them out of their slump as the direct cash will help them make choices that could get them out of their problems.
    But my biggest consern about UBI is it is a nice way to wipe our hands clean of that pesky poverty problem and not having to care for the less fortunate.

    --
    If something is so important that you feel the need to post it on the internet... It probably isn't that important.
  59. Re:Yes, but... by Anonymous Coward · · Score: 1

    yes, the man and the woman get the same, that's the 'U' part of UBI.

  60. "and that they were likely enrolling in school" by c6gunner · · Score: 4, Insightful

    and that they were likely enrolling in school with the added income

    That single line torpedoes their entire "study". To rephrase the article summary in more honest words: "we found that people did work less, but we're just going to assume that they're going to school instead".

    You can prove anything you want when you're willing to hand-wave away any data you don't like.

    1. Re:"and that they were likely enrolling in school" by swillden · · Score: 2

      To rephrase the article summary in more honest words: "we found that people did work less, but we're just going to assume that they're going to school instead".

      You failed to rephrase honestly. An honest rephrasing is "We found that people in the age category where people typically attend post-secondary schools did work less, so we assume they went to school instead". The reduction in paid work was only seen in that one category.

      That single line torpedoes their entire "study".

      No, it just means that another study should be done to find out what people in that age category actually did.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
  61. Re:Wrong Question! by king+neckbeard · · Score: 3, Insightful

    Because your drinking may cause you to lose your shitty job, or the stress/boredom of not being able to move forward socially or accomplish goals can drive you to drinking. Hence, why alcoholism and opioid addiction are often found in towns where industry has died.

    --
    This is my signature. There are many like it, but this one is mine.
  62. Re:Wrong Question! by RabidReindeer · · Score: 2

    And you know what the Tories and other good and faithful followers of our divinely-appointed King called those people back then? LEFTISTS!

    Actually, no. The Left/Right thing came about as a result of the French Revolution more than 10 years afterwards. Literally, your political leanings determined whether you sat on the left side of the French legislative chamber or the right side. The term "Right" has nothing to do with being right, or of Rights.

    The USA was founded in a time when every civilized country had, By Grace of God, a King. They were to the conservatives of the day what Communists were to the Captains of Industry in the 20th Century.

  63. Re:Wrong Question! by RabidReindeer · · Score: 4, Interesting

    Please understand finally that extremism wants to take your liberties. Left or right doesn't really matter here, any extremist ideology puts the ideology over your personal freedoms.

    Thank you. Glad to see someone gets it.

    People like to say that the whole R/D thing is just like sports, where you cheer your own team and boo the other one.

    But in sports, you're not rooting for the complete, total, and eternal annihilation of the other team. You play the game, you win or lose, no hard feelings (well, not many) and you come back again for a rematch. And again next season. The team is important, but the game is everything.

    Ideology is a game for idiots. And far too many people are obsessive players.

  64. All basic income will do in the USA by Sqreater · · Score: 1

    is lower wages and benefits as companies try to make it part of the worker's normal compensation. They are clever that way.

    --
    E Proelio Veritas.
    1. Re:All basic income will do in the USA by pellik · · Score: 1

      If people are willing to do a job without pay, then pay will likely fall to zero. The rate of pay has a lot more to do with the quality of worker you intend to retain, not what you can get away with.

    2. Re:All basic income will do in the USA by apoc.famine · · Score: 1

      That's not all it's going to do. Would you take $16k/year to do manual labor in outdoors in the scorching sun? No? Then if a company needs this, they're going to have to pay a lot more money. Would you take $16k/year to work in a hot kitchen with no benefits, no sick time, in 12 hour shifts? No? Then the company will need to improve those working conditions.
       
      What UBI will do is give power back to the populace to tell companies that they won't suffer their abuses.
       
      If companies want employees, they're going to have to treat them like a valuable commodity.

      --
      Velociraptor = Distiraptor / Timeraptor
  65. Re:Yes, but... by Gryle · · Score: 1
    You seem to have a substantially different perspective on UBI than ones I've encountered in the past. Would you mind answering some good-faith questions?

    Even with UBI there are people who can't manage money...and UBI would have them starve homeless as their basic income wouldn't be spent wisely on things they need but what they want right now.

    Are you proposing we budget people's UBI for them, break out the housing, food, etc for them? Are you proposing limiting this to the mentally impaired or casting a wider net? For example, my sister-in-law is a functioning adult but can't balance a budget to save her soul. Would you propose spending her money for her to as to ensure she makes "wise" choices?

    But my biggest consern about UBI is it is a nice way to wipe our hands clean of that pesky poverty problem and not having to care for the less fortunate.

    I'm obviously missing something here. UBI is generally touted as an antidote to poverty. How would implementing this mean that we're no longer caring for the less fortunate?

    --
    Only two things are infinite, the universe and human stupidity, and I'm not entirely sure about the universe - Einstein
  66. look deeper at the data by borcharc · · Score: 1

    So if you use 2 Trillion as your favorite number taxes have to only increase every single tax or source of revenue by 52% consider where the government gets its money http://www.pgpf.org/finding-solutions/understanding-the-budget/revenue and think what that would really mean. Federal taxation is a economies of scale issue. Rich people or corporations literally do not have the money to cover our bills. It has to hit the masses of people. In 2009 if you taxed everyone with over $1mil in AGI made a total of 727 billion. If you taxed them at 100% you would be able to pay for your current government (2009 numbers to match data, but is lower by a lot) + 2tril UBI for 1.8 Months. If you seized and sold off all of the stock for every company in the SP500 you would get $20 trillion, so that's great the corporations must have some money. But that would pay for your budget for 4 years, but it's not realistic. Let's look at their income, the SP500 has a P/E ratio of 25.70 currently, that's 25.70x what they earn so about 800 billion. Taxing them at 100% gets you two more months. Where is the rest going to come from?

    1. Re:look deeper at the data by swillden · · Score: 1

      Much of the money to pay for UBI would come from UBI. Most taxpayers would see their tax burden increase by an amount that is very close to their UBI, making it a wash for them. Also, keep in mind that UBI would replace most existing welfare programs, on which we currently spend on the order of $1T. It should also replace much social security spending, which currently accounts for almost another trillion annually.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    2. Re:look deeper at the data by JesseMcDonald · · Score: 1

      If you seized and sold off all of the stock for every company in the SP500 you would get $20 trillion, so that's great the corporations must have some money.

      Not likely. Who would you be able to sell the stock to, after they'd seen what happened to the previous owners? What is to say that you won't simply seize it back from them after the sale?

      Moreover, stock valuations do not imply that the corporations have money, but rather that their shareholders do. (And by "shareholders" I mostly mean the mutual funds in which you've invested your retirement savings via an IRA or 401k.) Even then the money is only theoretical until and unless the stock is actually sold. Or, taking the longer view, until the proceeds from the sale of the stocks are spent on consumer goods—you can't eat money, and we wouldn't want to neglect the effects of inflation.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
  67. Re: "and that they were likely enrolling in school by ediron2 · · Score: 1

    Irony much?

    It doesn't torpedo everything. It begs a study into THAT question. Standard method in science is to stay narrow, not alter protocol midway through investigation or research.

  68. Re:Wrong Question! by s.petry · · Score: 1

    Central Europe is a Country and Government now? Or perhaps you wish to give a more specific example which you believe is Utopian and capable of giving every member of the country UBI. Caution: There are massive problems in every European Country currently, and none of them could afford to give everyone a UBI including Germany who is making a fortune from loan payments from the rest of Europe.

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  69. Re:Wrong Question! by s.petry · · Score: 2

    First flaw: Ignoring how money gets into the system to pay out a UBI for 330 Million people. Print more like the Weimark Republic which ends up with collapse due to inflation (takes more than the current GDP of the USA to pay a basic living wage to the populace) or tax the producers. The latter already happens at a staggeringly high rate and we can't pay our current bills.

    The idea of UBI has been around for at least 70 years and nobody has seen any working models. You already hinted at hating reality, but numerous countries in Central and South America have started out with that ideal and quickly turned into tyrannical authoritarian regimes. You need guns to take from those that have and give to the poor.

    Please save your Finland is great arguments. I work with people who worked very hard to leave Finland, which is basically a caste system. There is no social or economic mobility in Finland. Finland in theory should be much easier to control since it's population is less than many cities in the USA. Where is Finland's great UBI program? If you can't and won't do it, why should we?

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  70. Re:Yes, but... by Bob+the+Super+Hamste · · Score: 1

    Everything I have read on UBI seems to indicate that you do need a few things in place for it to really work well. Such things like universal healthcare and universal k-12 education. When you implement UBI you need a few additional things for it to work. As there were a number of stand ins for UBI you need to remove those. This includes all existing welfare and unemployment programs as well as getting rid of the minimum wage. The final part is that as a society we need to decide that it is acceptable that some people can choose to live under a bridge and drink, smoke crack, binge watch Netflix, etc. until they die. For people who can't care for themselves, not those who choose not to, the UBI would instead go to their legal guardians.

    --
    Time to offend someone
  71. Re:Yet you provide no evidence yourself. by slashdot_commentator · · Score: 1

    As a side note, I don't think people understand how salary works in the country.

    At a certain salary amount, when you receive it long enough, a CEO will earn more money than they can spend profligately in their lifetime. So why do people pursue more amounts of money beyond that point? Its about collecting enough money to either subsidize personal causes, or manipulate the political process. At that level, its about accruing money for power; it has nothing to do with earning enough money for consumer goods.

    There will be a shitload of people who will not pursue a demanding job because their basic needs are satisfied. They don't matter to the economy. They don't produce anything significant. Before automation, the only way to get production from a job was to put the fear of starvation & homeless into people. Once automation takes away 50% of all the jobs that used to employ people, who cares if those people don't want to work? They're already deemed useless by market forces.

    --
    There is no America. There is no democracy. There is only IBM and AT&T and DuPont, Dow, General Electric, and Exxon
  72. These people must be living under a rock by Targon · · Score: 1

    Many people work two or even three jobs these days to pay the bills, including mortgage/rent. With a universal basic income, they might cut back to a single 40-hour/week job. The real issue is more about the stagnant wages and increasing cost of living here in the USA. Yes, wages are going up for SOME people, but for many, the cost of living is going up faster than their income. Employers limiting employees to 24-28 hours per week just so they are not required to offer health insurance or other benefits is another issue, but again, it comes down to most people WISHING they could survive by working 40 hours per week.

    I will note that the amount of vacation and sick time offered here in the USA is also very low compared to Europe. Two weeks of vacation per year, and 5 days of sick time per year is the standard here in the USA, and many people don't even get that, because employers are limiting people to part-time status that does not offer sick/vacation time.

  73. Re: "and that they were likely enrolling in school by c6gunner · · Score: 2

    Standard method in science is to stay narrow, not alter protocol midway through investigation or research.

    But that's exactly what this conclusion does. The question the study was looking into was "do people work less when given a universal basic income". They looked at the data, and saw that the answer was "yes". Instead of saying "yes, UBI does decrease how much people work" they said "no it doesn't, but, like, it does in this one group over here, but, um, we're going to assume that's because they're going to school".

    It begs a study into THAT question

    Yes, absolutely, that should be looked into. But whether or not a followup study occurs doesn't change the fact that this study showed that UBI does in fact lead to people working less on average. Isolating one specific group in order to turn a "yes" into a "no" is inherently dishonest.

  74. Re:Wrong Question! by bluefoxlucid · · Score: 2

    That doesn't seem supportable. Many towns with factory work have alcohol and opioid abuse problems; and many employers allow their employees to just not come to work high. I've known people who were sent home for shitting their pants while high on heroin.

    Much of the time, the people with the lowest incomes or the greatest difficulty sustaining employment end up with substance abuse problems. Conversely, people with high addiction potential--those with alleles encoding delta-FosB more-readily in rewards responses--tend to not get their addictions under control until they stabilize their employment and personal lives, even when their employment is the same shitty factory job as habitual abusers.

    The brain tends to follow the lowest-energy actions, such that the reflexive impulses formed in the midbrain occur without interruption. To override this, one must formulate new intent in the prefrontal cortex, then apply pressure via the dorsolateral prefrontal cortex. Once the dlPFX is exhausted (ATP, neurotransmitter stores), self-control becomes difficult, and stress becomes a motivator.

    Behavioral trends in population strongly suggest poverty is more-stressful than routine shitty employment. You suggest only a parallel construction.

  75. Re:Wrong Question! by bluefoxlucid · · Score: 1

    UBI won't work, any more than any other communist utopian scheme works. Reason: Simple! Human nature!

    A UBI can't provide a utiopian society because it can only fund from productive output. Income represents production, and you can only fund a UBI by a portion of income. If you just print new money, for example, then that money isn't backed by anything--it doesn't represent anything produced and sold, so it can't buy anything. Thus you only get inflation.

    I designed a Universal Social Security years ago. It only works if humans are universally determined to economize--to maximize the ends derived from their means. That is to say: it only works if people are prone to do the least work for the most profit.

  76. But what about economics? by JustNiz · · Score: 1

    It seems clear to me that if you give everyone the same amount of free money, the economy will simply adjust by making everything more expensive, until the net benefit gained by the people from the free money becomes zero.

  77. Re:Wrong Question! by bluefoxlucid · · Score: 1

    First flaw: Ignoring how money gets into the system to pay out a UBI for 330 Million people. Print more like the Weimark Republic which ends up with collapse due to inflation (takes more than the current GDP of the USA to pay a basic living wage to the populace) or tax the producers

    Income represents production. You make, you sell, people buy, that's income. Businesses deduct wages and supply from income, so eventually income represents profits plus wages. That means income represents everything produced and sold.

    Printing money won't work. You have to use money as an abstraction to redistribute wealth--that is, products and services. Wealth only exists if it's produced, so you have to redistribute existing money. That's why we have taxes instead of just a printing press to make new dollars for every Government expense.

    The latter already happens at a staggeringly high rate

    The United States can deploy a Universal Social Security at a trillion dollars less burden on the taxpayer. That counts pay-outs in excess of taxes taken as "taxpayer burden". If you pay $20,000 in taxes and, under the USS, pay a total of $15,000 including the benefit (i.e. removing the money you receive from the taxes you pay), that's $5,000 less of burden. If you pay $500 in taxes and you end up with $7,000 from the Government, someone had to pony up that $6,500 difference--you put down the first $500 and we just gave it back.

    No need to raise anyone's taxes.

    The idea of UBI has been around for at least 70 years and nobody has seen any working models

    Technical progress. The cost to produce things constantly goes down by way of reducing the total labor involved in that production. That means more stuff is produced per person each year--more-correctly, more stuff is produced per labor-hour worked.

    Welfare isn't even possible if it requires 5% of our income and everyone is 2.5% of their income away from starving. Find a way to make more food with less labor and now everyone's 7% away from starving and you can (technically) take the extra.

    The Universal Social Security I designed would have utterly crushed the United States in 1950. The income span would theoretically be $40k-$70k/year--nobody would be any richer than $70k. As if that wouldn't collapse the economy easily enough, you'd have to tax the rich at rates above 135% of their income if you used a stable taxation model. That's because a stable model uses a progressive-tax general fund and a flat-tax Social Security financing source, and the highest tax bracket would have still been over 90% while the USS tax in 1950 would have been over 40%.

    In 2013, the USS tax needs to be 17%; it replaces 55% of the income taxes; and we can do it without increasing taxes on any income class.

    numerous countries in Central and South America have started out with that ideal and quickly turned into tyrannical authoritarian regimes

    There are a lot of bad UBI systems and, as stated above, you need to be a highly-developed economy in an absolute sense. Your level-of-technology has to be such that production of the things a UBI buys reflects a sufficiently-small proportion of your economy or you're proposing Marxism instead of cheap welfare.

  78. Give me that money by Khyber · · Score: 1

    I'll turn my UBI into a proper fortune by investing it while sitting outside in my dirthole of an office called a mine digging minerals.

    Won't change how much I'm working right now one bit, it'll just make my operations much more effective and efficient and productive. Can't really automate mining as while the tech exists, nobody knows what's 'essential' for a basic miner, as there are so many varying mine positions that making a machine to handle them all would make it so damned large as to be useless for anything excepting mass quarry operations where they don't give a shit about gangue.

    --
    Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.
  79. Alaska by DarthVain · · Score: 1

    Case in point Alaska already has UBI to a limited extent, in that everyone gets 1000$ or whatever just for existing in Alaska, and that is only from oil, nothing else (and not even equal to values, just a taste).

  80. BS! by s.petry · · Score: 2

    Your statement is absolutely false, and has no basis in reality. Money does not "fix" addiction, and proof is simply looking at the long list of addicts who are/were extremely wealthy. How about Jimi Hendrix, Bon Scott, John Bonham, Kurt Cobain, or Whitney Houston? Don't like musicians, how about politicians like Rob Fort, Senator Crapo, or Marion Barry? Drugs are not good enough? How about alcohol like Ted Kennedy? How about Porn/Sex like Anthony Weiner? You should be able to do your own research from here, and find that money certainly does not fix addiction.

    Thank goodness you are not a psychologist!

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  81. Gee, no kidding...YOU THINK by p51d007 · · Score: 1

    Oh yeah, I'm going to work LESS because the government GIVES me $16,000/year. NOT! I have ambitions and dreams you know. Hey, the USA, before it was the USA, tried all that socialist crap and it FAILED! They tried collectivism. Everyone produced, and it was shared with the village. They almost starved to death because some people were nothing more than the early version of freeloaders/bums/hobos. When they divided up the land, and allowed each person or family to work as they saw fit, (CAPITALISM), the colonies took off. The first Thanksgiving was because the Indians (sorry, not politically correct) shared their meat and other items with the colonists, so they didn't starve.

  82. You were good until.. by s.petry · · Score: 1

    Yet somehow, this is socialism's fault instead of good old fashioned greedy latino dictators. This same thing can happen here in the capitalist America

    Socialism fails for the same reason Communism fails. In fact, it's the same shortcoming with the Republic described by Socrates in Plato's work by the same name. The systems are nearly identical in implementation, but differ in "How" the system is implemented. You hint at it with your comments on Chavez and Maduro, which is that the systems only work if the leaders are purely altruistic. As seen in every Government across the globe through history, there are extremely few such people and they don't live forever. Most of the time they are not allowed near Government, and get killed by the same. They tend to be recognized more after they are killed than during their lifetime.

    Your latter part is true, however, the US has layers of protections built into the system. The founders were not a bunch of yokels without worldly knowledge, they were hundreds of great minds who studied and planned knowing that Governments fail when they obtain too much power. People have been working very hard to tear those protections down, but in terms of Government longevity the US has done pretty well. There is currently a massive push for another Article 5 motion which could hopefully put those protections back up piece by piece.

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  83. UBI and children by fyngyrz · · Score: 1

    This is a critical question.

    If UBI is only for adults, then having children reduces available funds per person in that family. Likely this is the optimum choice, as it means that UBI can scale up to any degree without directly incentivizing increasing the number of offspring.

    If UBI is per human, then having children increases UBI benefits, and creates the same type of "have-kids" incentive for any family that can drive the cost of raising the kids down far enough that it falls under whatever UBI is.

    What happens with the latter circumstance is that the amount of UBI becomes a lot more critical; if it's more than needed to raise a kid, then having kids equates to earning more money, so there has to be a practical ceiling on UBI or we'll just create more problems. That ceiling means that the degree to which UBI can benefit citizens is capped. Inasmuch as automation is very likely to remove the opportunity to work for many, that's a serious concern.

    --
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  84. Financial Independence by h4ck7h3p14n37 · · Score: 1

    My primary goal at the moment is to become financially independent, meaning I have enough money invested that I can live off of my gains.

    At that point I most certainly would take time off from work. I wouldn't stop working altogether, but I'd work on things like martial arts, playing musical instruments, automotive work, micro controllers, etc. I definitely wouldn't be putting in a regular 9-5 and meeting deadlines for other people.

    I'd go work out in the morning, come back and have lunch and then work on whatever I felt like for the afternoon. I'd probably attend more conferences, give lectures/tutorials and write more software. Basically get back to some of the things I used to do (or wanted to do) as a child when I had all of the time in the world, but no money. Now it's the opposite situation, plenty of money but my time is spent working on other peoples' problems.

  85. Two sides to the coin by Khyber · · Score: 1

    People like me would use the money to work harder, plenty of people would use the money to avoid work if possible.

    But I bet it would balance out. People have this weird tendency to average out some way or another.

    --
    Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.
  86. UBIs don't work in free markets by DalM · · Score: 1

    UBIs don't work in free market economies over the long term. Consider housing: You and everyone else sets the price of housing based on what you are willing to pay to live there. If you have an income of $100 and you are only willing to spend 20% on housing, you will have a difficult time finding housing if everyone else is willing to spend $21. Now let's say the Government gives everyone a UBI of $10. "Yea," you think. "Now I can afford that $21 home." But here is the trap. Everyone now gets that extra $10. Everyone's base level for affording a hope goes up a little, and the housing market adapts to the new income level. Before you know it, that $21 home is now priced $22, because that's what the new market will allow. So, ultimately, a UBI doesn't help anyone. (Minimum wage is slightly better if only that it prevents people for having to work for nothing. (Except interns.))

  87. This will never work.. by Mes · · Score: 1

    .. because there are too many people with low empathy who are currently in charge. They cannot stomach giving hand outs to poor and especially to anyone not white. Their arguments will always go back to the lazy poor couch sitter. But this is a straw man. It doesnt matter if some people do this. By giving them money, they are locked into the economy. Money doesnt "disappear" or can be "wasted". Their entire checks will be spent which will directly contribute to consumer confidence, which is the most important barometer for the economy.

    Others will use the check to continue in school, or will be encouraged to work hard because now they can start to really afford their dreams, or work less to help raise their family, or work in lower paying jobs such as basic science, teaching, charity, etc, that benefit us all.

    It just doesnt matter that some will take the money and do nothing. That money will quickly be spent at Walmart and Amazon and get recycled back into the system. Increasing the velocity of money is a good thing for the economy.

    I am probably part of the 1%, I pay well into six figures in taxes. Please republicans stop trying to give me tax breaks. Tax me more, and give the rest to the less well off to spend. I dont make money by cutting my taxes, I make money when warehouses are busy and buy more of my products. When you cut social programs you cut at the bottom of the tree, the consumer spending that supports the general economy. The economy is not a zero sum game, the better off people are, the better the economy is, and the rich can earn even more money than before.

    1. Re:This will never work.. by Mes · · Score: 1

      Of course there are technical questions to how well this could work. Will it depress wages because you are subsidizing them? Perhaps, but also some people will work less, so wages may have pressure to go up from this. Also it will affect inflation in more than one way. Balancing the size of the check and the tax progression will need to be optimized as well. But if in the future even hamburger flippers are being replaced by robots, we may need to seriously look into basic income to keep the economy stable.

  88. Re:Wrong Question! by skam240 · · Score: 3, Interesting

    You dont understand what UBI is. UBI is not promising prosperty for all, it is promising the basics (literally the "B" in the acronym). People have to give up all their liberties under UBI? You're just making up undesirable atributes for UBI now. What liberties would be lost under a policy of UBI?

    You also decided to completely ignore my point that the failed states you mention used COMPLETELY DIFFERENT SYSTEMS and then you just repeated yourself. UBI is the same as these failed state communist policies because they both try to help people? Are apples the same as oranges because they're both food? What about social security, public education, public roads or any one of hundreds of other policies that exist to help people that exist in every successfull country in the world?

    There are no negative examples for UBI because there are literally no examples of UBI in any form of meaningfull practice.

    Your only valid point is that there are no positive examples of UBI which certainly does not mean it's doomed to failure as it is an untested idea. It only means it is not garunteed to succeed which I would certainly agree with.

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  89. I Will Work Less Under a Universal Basic Income by BeanThere · · Score: 1

    They obviously didn't poll me. I would absolutely work less under a UBI, if decent enough. Damn, I am sick of the stress and pressure of working my fingers to the bone to pay for myself and my family's expenses, I would welcome sweet relief in a heartbeat. I long to live a life of moving from one meaningless hedonistic pleasure to the next. Mod me down for being an asshole, but I'm sure I'm not the only one who feels this way.

    UBI under our current economic systems are a form of theft, but if technological progress allows us to create a post-scarcity society, there is no reason we should continue to toil if large-scale automation etc. can ease our burden.

  90. Re:Wrong Question! by king+neckbeard · · Score: 1

    Both poverty and shitty employment are stressful, and stress increases the risk of addiction. In fact, part of what often defines "shitty jobs" is insufficient income for real social mobility.

    --
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  91. Re:Wrong Question! by bluefoxlucid · · Score: 1

    Then, stability of financial position--a lower probability of losing your livelihood, becoming homeless, and starving in the streets--would reduce stress, thus reducing the risk of addiction. Your shitty, low-income job would still be shitty, and you would only be able to go home to a greater guarantee of stability and fewer worries about where your next meal is coming from.

    That seems like an improvement. It's not a panacea--the problem isn't going to go away entirely, and nothing's going to do that--only an operational improvement in efficiency.

  92. Re:Not in the real world by Newander · · Score: 2

    I'm going to call shenanigans. The EIC is part of your tax return. Your employer has nothing to do with the payments.

    --

    Jesus saves and takes half damage.

  93. Re:Wrong Question! by david_thornley · · Score: 1

    The last time general price controls were in effect was during the Nixon administration. They were as ineffectual as you'd think.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  94. Re:Wrong Question! by david_thornley · · Score: 1

    Yup. You want more money than the UBI, you find a job or start a business or something.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  95. Re:Wrong Question! by Opportunist · · Score: 1

    Not UBI, but close to it, is what's going on in Austria. It probably has the best social security system in existence right now.

    Germany's is actually way worse.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  96. Re:Wrong Question! by Opportunist · · Score: 1

    English soccer is a game on the field and a war on the stands.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  97. more false equivalencies by s.petry · · Score: 1

    You are correct that job satisfaction is not tied to income, but neither is job satisfaction nor income is tied to addiction. Why are so many musicians and actors, with so much wealth and free time also addicts? They could surely afford to move to a more fulfilling job if they wanted, and fill time in ways other than drugs,l alcohol, and sex addiction? Doesn't fit the narrative does it?

    That all said, you still ignore the basic concern I mentioned which is that giving people money for doing nothing harms those conditions. Again, use the extremely wealthy with too much time on their hands as the example. Enabling people does not help society, it harms it. Now you need more $$ from the producers to treat all the addiction, treat all the depression, pay the rent when money gets spent on drugs instead of housing, etc..

    In other words, the current welfare system is not replaced at all by UBI. UBI makes the situation worse!

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  98. Re:Wrong Question! by s.petry · · Score: 1

    And you don't understand that the current welfare system would not be replaced by UBI. The only way it could be, is if the Government controlled 100% of the economy and production. Give everyone 1,000.00 a month and what happens to rent? What happens to food cost? What happens to utilities? There is this thing called inflation which would adjust itself to the extra money floating around for "free".

    Considering that people needing assistance now are no better off with more cash if it's worse less, you are proposing a completely unworkable system based on numerous false premises. Such ass "humans are all altruistic and infallible so will do what you want with the cash.

    Answer this simple question: A person now who is in poverty with dependent children spends their UBI on lottery tickets instead of rent and food. Do you tell them to piss off and let them and their dependents live on the street and beg for food, or do you pick up the tab for housing and food in addition to UBI? You and I both know the answer to the question.

    While you fumble around with that one big fat lie, consider that the rest of UBI theory has the same exact problems. People are not altruistic and infallible. The current system is abused regulary. Extending hand outs to everyone does not change that fact, and nothing gets better. Inflation and taxes for producers become much worse, to the point of being unworkable.

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  99. Re:Wrong Question! by Highdude702 · · Score: 1

    Inflation hell, what about the source of this magic money? Where does it appear from?

  100. Re:Wrong Question! by Highdude702 · · Score: 1

    You still have not told anybody who has asked where the money is going to come from.

  101. Re:Wrong Question! by wisnoskij · · Score: 1

    What liberties would be lost under a policy of UBI?

    All liberties. Dependents don't have liberties by definition. It is a contradiction in terms to say that a dependent can have liberty from their guardian.

    --
    Troll is not a replacement for I disagree.
  102. Work better? by slazzy · · Score: 1

    Personally I think a lot of people might be more focused on long term goals like finishing their education, building new inventions and such if they aren't worried about basic food and housing. It's a great goal for society to work towards, even if it's not practical now.

    --
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  103. Re:Wrong Question! by Pfhorrest · · Score: 1

    In that case, everybody who is not a debt-free landowner has no liberties, because everyone who rents or owes money (on necessities at least) is dependent on whoever they're having to borrow from. Someone who doesn't own their own land is not free to exist without strings anywhere; everywhere he goes, he is on someone else's land, dependent on them (or if not them, someone else, but still always someone) consenting to him existing there at all. Sure he's free to leave... and walk onto someone else's land, and be dependent on them instead. Choice of masters is not freedom.

    Poverty is dependency which by your own claim is a lack of liberty, so if so many people are stuck in unfree poverty anyway, isn't it a step up for them to be still nominally unfree but at least materially safe while they're at it?

    --
    -Forrest Cameranesi, Geek of all Trades
    "I am Sam. Sam I am. I do not like trolls, flames, or spam."
  104. Re:Wrong Question! by skam240 · · Score: 1

    You're talking absurdities and lies.

    "And you don't understand that the current welfare system would not be replaced by UBI."
    If UBI comes from the federal level then they could certainly end all current federal welfare. What the hell would be stopping them, they're the ones who make the rules. After that, why would it matter what the states did?

    "The only way it could be, is if the Government controlled 100% of the economy and production. "
    Why on earth would the government need %100 control of the economy? How the hell does getting rid of the current welfare system involve government control of the economy? They are completely unrelated things.

    "Give everyone 1,000.00 a month and what happens to rent?"
    I already explained to you TWICE now that UBI is for basic needs. 1,000,000 per person could only happen in some far off future with levels of productivity that make us look like cavemen.

    "Considering that people needing assistance now are no better off with more cash if it's worse less, you are proposing a completely unworkable system based on numerous false premises. Such ass "humans are all altruistic and infallible so will do what you want with the cash."
    Why on earth is my premise based on people are altruistic and infallible. Quite the opposite in fact. UBI is meant for a shrinking labor market due to automation and a society that is NOT altruistic and infallible. If it were, UBI wouldnt be needed.

    "Answer this simple question: A person now who is in poverty with dependent children spends their UBI on lottery tickets instead of rent and food. Do you tell them to piss off and let them and their dependents live on the street and beg for food, or do you pick up the tab for housing and food in addition to UBI? You and I both know the answer to the question."
    I do but it's clear you don't. We do the same thing we did prior to the great depression. Let them go to a nearby church or food bank which currently operate largely without federal government funds.

    You really are just making up false adjectives and claims. Get back to me when you can back something up.

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  105. Re:Wrong Question! by skam240 · · Score: 1

    Maybe I didn't tell anyone that because that wasn't the subject of the conversation Highdude.

    But since you now ask, the idea is that it would be funded by a combination of the elimination of most social programs (for instance UBI and social security are redundant) and then higher taxes on the affluent who will be earning ever more money in the highly automated future UBI is meant for.

    The money is there.

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  106. Re:Wrong Question! by skam240 · · Score: 1

    So you own the business you work for and dont depend on anything like roads, internet infrastructure, or any other outside influences (basically you operate in a vacuum?)? I ask because if otherwise you're a dependent. The person who signs your paycheck is no different from the government in a context like this and if you're the one who signs your paycheck you are certainly beholden to various other business' and the government.

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  107. Re:Wrong Question! by wisnoskij · · Score: 1

    Yes, trading work for money and/or cooperation makes you a dependent.

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  108. Re:Wrong Question! by wisnoskij · · Score: 1

    You keep using that word, I do not think it means what you think it means.

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    Troll is not a replacement for I disagree.
  109. UBI is SLAVERY by WeezulDK · · Score: 2

    They're wrong. They invalidated their own research by disregarding the results they specifically said:
    "The researchers did find that young people -- specifically people in their twenties -- worked less, but noted that Iran never had a high level of employment among young people"
    BR> Taking from the productive and giving to the non-productive and did not earn it, is STEALING, and to a lesser extent, slavery, no matter what "moral face" you paint onto it.

    To lay claim to the fruits of a person's labor and life/time is the exact definition of slavery. You're claiming ownership of THEM and their labor, which equates to their time, which equates to the product of their entire being... their life, which everyone only has a finite amount of. This kind of fascist utopian bullshit makes me SICK.

    UBI = Slavery on a mass scale by the government/powerful. PERIOD.

  110. Re:Wrong Question! by SCVonSteroids · · Score: 1

    ... unless you wish to see massive poverty, stagnation of social mobility and the creation of a permanent underclass of people similar to the situation European economies saw in the 1800s in the wake of the industrial revolution.

    Yeah man. I remember those days and it was not pretty. We definitely don't want that again.

    --
    I tend to rant.
  111. Not applicable to our society by RespekMyAthorati · · Score: 1

    The report found no evidence for the idea that people will work less under a universal income

    Note that this was in Iran where they behead people for breathing.

  112. self actualization by NewYork · · Score: 1

    With UBI people will work for self-actualization in https://en.wikipedia.org/wiki/...

  113. Will never have Universal Basic Income in USA by Stubbyfingers · · Score: 1

    Instead, as jobs are eliminated forever and the jobs to available workforce ratio gets larger, the government will implement a much more expensive system of rounding up the permanently unemployable, dispatching them, then disposing of their dead husks.

    BECAUSE, paying people who cannot work does not make rich people more money. This plan will reduce the tax burden on the wealthy, while giving them ample opportunity to come up with profitable methods of collection and disposal.