Wealthy person takes the money , puts it into a real estate investment trust The real estate investment trust buys land/ property to develop housing The builder employs buys lumber hardware asphalt, hires a construction crew Wow that poor person that was going to buy booze to take his mind off his troubles now has a job building houses
No we didn't need to guess at this countries with high savings rates have high productivity gains. Been well known for quite some time. You need capital to make an economy grow.
The short word version is "It takes money to make money"
My back of the envelope number is below that. If the grant is made on a declining household size you could expect to see the same effect welfare has on black households where it just encourages fathers to abandon families.
And no you are correct you don't have to give everyone the grant, but at that point you aren't talking about universal basic income, but some sort of modified welfare proposal. All well and good but it's a different topic.
Just how would you think it would increase the economy ?
There is no increase in productivity all this does is change who is doing spending.
If we were very lucky I would expect this to be neutral. If we were unlucky it could easily provoke inflation in basic goods, and suck capital out of the system for investment.
They also pay taxes. So why shouldn't they get the same benefits?
In most countries, permanent residents get basically the same rights as citizens, including the right to vote. Only the US seems ass backwards.
Sorry if you are going to go that kind of welfare which is very likely a bad idea anyway, you need to make certain there is buy in for anyone who wants to come here.
For any arbitrary piece of code on random hardwar, it will take me sufficiently long to analyze the source and schematics, learn the build tools, and get proficient enough so it worked, that I could never expect to do that for more than 1 percent of what I use. If that.
This whole you can build it deal is mostly feel good non sense.
Troll ? You keep using that word, I don't think it means what you think it does.
Let's face it, Twitter doesn't want people using the service. They would be best served if the incoming feed of people were AI generated and replies, tweets, and retweets never were allowed to go anywhere. That way all the brittle special snowflakes they want using their service would never have to face the chance reality contradicts them.
That I actually use. Storage spaces is about the only thing that gives it an advantage over windows 7.
Windows 7 trumps it in user interface and experience, multimedia was superior in 7 (Media streaming was destroyed, and the player no longer plays dvds/svcds)
When I first saw the circuit board, I was very impressed. The soldering job was quite good for an adult. It would be amazing for a mere 14 year old to pull off a soldering job of that caliber....
The circuit board coming from a commercial clock is much more realistic. A person smart enough to come up with a circuit for a board that big would be more intelligent than to call it merely an 'invention'.
(of animals, especially snakes, or their parts) secreting venom; capable of injecting venom by means of a bite or sting. synonyms: poisonous, toxic; More
Considering that cops killing black people have shown to be not correlated with black crime rates, it's looking very likely to be a rule. Keep denying facts all you want.
Yeah when you say not correlated, you mean cops kill blacks at a far lower rate than the crime rates indicate should be the rate.
Why don't you come back and compare the crime rate for black crime, the black on black homicide rate and the homicide by cop for blacks.
Slashdot Mirror
Yes and absolutely no foreign capital never ever comes into this country /sarcasm
trickle down is not as effective as trickle up.
I really don't argue religion with people.
Oh and lest I forget to mention this More housing stock means the poor person now finds it easier to find a place to live.
Wealthy person takes the money , puts it into a real estate investment trust
The real estate investment trust buys land/ property to develop housing
The builder employs buys lumber hardware asphalt, hires a construction crew
Wow that poor person that was going to buy booze to take his mind off his troubles now has a job building houses
No we didn't need to guess at this countries with high savings rates have high productivity gains. Been well known for quite some time. You need capital to make an economy grow.
The short word version is "It takes money to make money"
http://www.deepwaterresistance...
Lets see the company was banned from Narraganset
Promised hundreds of new jobs from the project which will actually only deliver 6
Last Project off Block Island will cost tax payers half a billion to fix.
Overall sounds like great return on equity. Maybe they will try investing at the federal level next.
So now you are talking about a massive program of investment in low return projects on top of the basic income ?
Another person who thinks money goes to bank vaults to breed.
First here is how saving works in a modern economy
https://en.wikipedia.org/wiki/...
Impact of savings on economic growth
http://finance.mapsofworld.com...
If you think money that is put aside does nothing but breed in dark bank vaults there is no point having a conversation.
The point of basic income systems as I understand them is to provide people a minimal living.
The poverty line for a single person household is currently 11,700
https://en.wikipedia.org/wiki/...
My back of the envelope number is below that. If the grant is made on a declining household size you could expect to see the same effect welfare has on black households where it just encourages fathers to abandon families.
And no you are correct you don't have to give everyone the grant, but at that point you aren't talking about universal basic income, but some sort of modified welfare proposal. All well and good but it's a different topic.
Just how would you think it would increase the economy ?
There is no increase in productivity all this does is change who is doing spending.
If we were very lucky I would expect this to be neutral. If we were unlucky it could easily provoke inflation in basic goods, and suck capital out of the system for investment.
Ok lets run the numbers
lets call it an even 300 million people in the country instead of 320
lets call the stipend a flat 10k instead of 12k or more proposed
that's 3x10^8(10^4)= 3x10^12
Or 3 trillion per year vs the entire current federal budget of approximately 3 trillion per year
that also assumes no overhead in running the program.
Green card holders are permanent residents.
They also pay taxes. So why shouldn't they get the same benefits?
In most countries, permanent residents get basically the same rights as citizens, including the right to vote. Only the US seems ass backwards.
Sorry if you are going to go that kind of welfare which is very likely a bad idea anyway, you need to make certain there is buy in for anyone who wants to come here.
Just goes to show that when computers make an error it gets multiplied millions of times over.
Have an EE Degree , MSCS and Phd CS.
For any arbitrary piece of code on random hardwar, it will take me sufficiently long to analyze the source and schematics, learn the build tools, and get proficient enough so it worked, that I could never expect to do that for more than 1 percent of what I use. If that.
This whole you can build it deal is mostly feel good non sense.
Are you advocating the "magic heat sink back into space" theory?
That's called radiative cooling
https://en.wikipedia.org/wiki/...
When you use the word magic, I think you might try "Thermodynamic" instead.
Thank you Malthus.
Opportunity there
Oh and this doesn't apply to you.
Besides, what the hell is Twitter good for anyway?
I've found that Twitter is good for answering the following sorts of questions:
Did I just feel an earthquake?
Did anyone else hear that explosion?
Is Netflix really down, or is it just me?
Etc.
RSS is even better for that, and on the plus side stupid people don't even realize it exists.
I see your comment is moderated troll.
Would you care to explain how that is applicable here ?
Troll ?
You keep using that word, I don't think it means what you think it does.
Let's face it, Twitter doesn't want people using the service. They would be best served if the incoming feed of people were AI generated and replies, tweets, and retweets never were allowed to go anywhere. That way all the brittle special snowflakes they want using their service would never have to face the chance reality contradicts them.
That I actually use. Storage spaces is about the only thing that gives it an advantage over windows 7.
Windows 7 trumps it in user interface and experience, multimedia was superior in 7 (Media streaming was destroyed, and the player no longer plays dvds/svcds)
Black on black homicide is high, therefore cops should have equal rights to kill black people. Okay.
Amazing. You're completely illiterate but somehow operate a computer.
When I first saw the circuit board, I was very impressed. The soldering job was quite good for an adult. It would be amazing for a mere 14 year old to pull off a soldering job of that caliber....
The circuit board coming from a commercial clock is much more realistic. A person smart enough to come up with a circuit for a board that big would be more intelligent than to call it merely an 'invention'.
Or Steve Jobs.
Moron
venomous
venms/
adjective
adjective: venomous
(of animals, especially snakes, or their parts) secreting venom; capable of injecting venom by means of a bite or sting.
synonyms: poisonous, toxic; More
Considering that cops killing black people have shown to be not correlated with black crime rates, it's looking very likely to be a rule. Keep denying facts all you want.
Yeah when you say not correlated, you mean cops kill blacks at a far lower rate than the crime rates indicate should be the rate.
Why don't you come back and compare the crime rate for black crime, the black on black homicide rate and the homicide by cop for blacks.
Then you can apologize for being full of shit.