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Topic	New study suggest that every US citizen should receive a '$1000' handout...
Zeus 09/04/17 2:54:08 PM #25:	waterdeepchu posted... Large scale economics is very difficult to understand, and none of us know anything about it really. In these cases, I find it best to defer to those who have spent their entire lives studying the issue. https://yourlogicalfallacyis.com/appeal-to-authority TheCyborgNinja posted... The biggest problem is people getting irate about socialism or perceived unfairness. Lots of people would rather have a worse economy or less money personally just to spite lazy people. Well, not just that, you also lose productive people because they can thrive without being productive. Society's net productivity would diminish. Duck-I-Says posted... Some sort of basic income is a necessity in the transition from capitalism in a fully automated society. If we stick to the status quo, things are going to get really really ugly when unemployment is 90% When the state owns everything and almost everything is automated, sure, maybe UBI will make sense. Or maybe another system of limited allocations -- ensuring people have exactly what they need but no more to discourage waste -- would make sense. At some point we might need to make a change. However, it's worth noting that not everything will be automated and there will likely always be jobs for people because major labor market shifts bring new opportunities. wolfy42 posted... KarsUltimate posted... I think I could get behind that,wolfy42. Something needs to be done about prisons for sure. Prisons are a nightmare on every level at this point. We are heading towards 40k per person per year now (average, more in some places less in others), and what is worse, that is lost money (IE, not put into circulation, taxed etc). You could give 10k a year to 4 people, for every person in prison right now. That would all be taxable (over the base deductions) and the money would be spent on things (That are in turn taxed etc) and bolster the economy. So basically if the take the inmate out (still giving him $10k as well though), that is 3 more people that can get $10k a year. Obviously not all inmates could be released, but if only the really dangerous ones where kept (and even they where put into a prison that let them generate income, produce...since they wouldn't be as crowded anymore), you could seriously make things way better for everyone. No reason prisons (if you have far less inmates) can't actually generate income and even pay for themselves mostly. You just can't do it with the massive populations we have in this country. Most people aren't in jail because they robbed due to poverty. If you wanted to reduce the prison population, you'd have an easier time by curtailing non-violent offenses like drug laws, AoC, and intoxication laws... or, at the very least, treating drug and alcohol offenders so they're less likely to re-offend. JOExHIGASHI posted... Judgmenl posted... Would only take 2-3 months for retailers to start jacking up prices of goods to compensate. compensate for what? When people can afford to spend more, prices seem to go up. The system is kinda weird like that... --- (\/)(\/)\|-\| In Zeus We Trust: All Others Pay Cash <cite>Zeus posted [p:886011348] in New study ... [t:75740689]...</cite> <quote><cite>waterdeepchu posted...</cite> <quote>Large scale economics is very difficult to understand, and none of us know anything about it really. In these cases, I find it best to defer to those who have spent their entire lives studying the issue.</quote> https://yourlogicalfallacyis.com/appeal-to-authority <cite>TheCyborgNinja posted...</cite> <quote>The biggest problem is people getting irate about socialism or perceived unfairness. Lots of people would rather have a worse economy or less money personally just to spite lazy people.</quote> Well, not just that, you also lose productive people because they can thrive without being productive. Society's net productivity would diminish. <cite>Duck-I-Says posted...</cite> <quote>Some sort of basic income is a necessity in the transition from capitalism in a fully automated society. If we stick to the status quo, things are going to get really really ugly when unemployment is 90%</quote> When the state owns everything and almost everything is automated, sure, maybe UBI will make sense. Or maybe another system of limited allocations -- ensuring people have exactly what they need but no more to discourage waste -- would make sense. At some point we might need to make a change. However, it's worth noting that not everything will be automated and there will likely always be jobs for people because major labor market shifts bring new opportunities. <cite>wolfy42 posted...</cite> <quote><cite>KarsUltimate posted...</cite> <quote>I think I could get behind that,wolfy42. Something needs to be done about prisons for sure.</quote> Prisons are a nightmare on every level at this point. We are heading towards 40k per person per year now (average, more in some places less in others), and what is worse, that is lost money (IE, not put into circulation, taxed etc). You could give 10k a year to 4 people, for every person in prison right now. That would all be taxable (over the base deductions) and the money would be spent on things (That are in turn taxed etc) and bolster the economy. So basically if the take the inmate out (still giving him $10k as well though), that is 3 more people that can get $10k a year. Obviously not all inmates could be released, but if only the really dangerous ones where kept (and even they where put into a prison that let them generate income, produce...since they wouldn't be as crowded anymore), you could seriously make things way better for everyone. No reason prisons (if you have far less inmates) can't actually generate income and even pay for themselves mostly. You just can't do it with the massive populations we have in this country.</quote> Most people aren't in jail because they robbed due to poverty. If you wanted to reduce the prison population, you'd have an easier time by curtailing non-violent offenses like drug laws, AoC, and intoxication laws... or, at the very least, treating drug and alcohol offenders so they're less likely to re-offend. <cite>JOExHIGASHI posted...</cite> <quote><cite>Judgmenl posted...</cite> <quote>Would only take 2-3 months for retailers to start jacking up prices of goods to compensate.</quote> compensate for what?</quote> When people can afford to spend more, prices seem to go up. The system is kinda weird like that... --- (\/)(\/)\|-\| In Zeus We Trust: All Others Pay Cash</quote> ... Copied to Clipboard!
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