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katsumojo t1_j3cygxb wrote

The most famous proponent of this idea, Andrew Yang, went to Columbia University and Brown University. Seems pretty educated to me. And you can do a quick Google search on his work experience, he has it.

The point of universal basic income is multifold- give people a safety net so we have fewer homeless people, recognize and make possible the work of stay-at-home parents, invest money in the masses because we know that when the masses have money it is the most liquid; in other words, poor people spend their money more quickly than rich people--> when people spend money business does well--> when business does well there are more jobs available and the economy does well.

There is real thought and strategy behind the approach, the problem is it offends the American notion of "work for everything you have." The real problem is hard work alone barely pays for people's basic needs.

My grandfather was a Culligan salesmen..yes, he sold the giant tanks of water door to door. My grandmother was a homemaker. They were also parents to 7 children that all were cared for enough that they could grow to adulthood and live lives of their own. CAN YOU IMAGINE, someone working ANY modern day job and supporting a family of 9 on their own? The game has changed and the rules need to follow suit.

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FinalJuggernaut_ t1_j3d11eu wrote

"Andrew Yang is American businessman, attorney, lobbyist, and politician"

Are you fucking kidding me?

>The point of universal basic income is multifold

The problem that the math just doesn't work.

>My grandfather was a Culligan salesmen..yes, he sold the giant tanks of water door to door. My grandmother was a homemaker. They were also parents to 7 children that all were cared for enough that they could grow to adulthood and live lives of their own. CAN YOU IMAGINE, someone working ANY modern day job and supporting a family of 9 on their own? The game has changed and the rules need to follow suit.

It depends where you live.

Back in the day US was the industrial powerhouse of the planet, today it is not.

In China, however, it is entirely possible, or in Vietnam. Planet isn't limited to US of A.

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