hi

thank you

😃

andrew yang has been poppiing up on my youtube

i think he points to real issues but not sure ubi is the best thing

yes... tim pool said the same thing, inflation basically

they will have to raise it, it's basically an alternative to minimum wage, which is useless too

and in the short term minimum wage seems to be harmful too

well it has never been tried on this large a scale but i don't volunteer to be the first

over time is important too

10 years

it didn't help the unemployed get jobs or something?

i used to be for ubi/bernie

pre 2016

i didn't vote for trump in 2016 but i probably will in 2020

yeah

it is not different from welfare for unemployed people

the difference with ubi is everyone gets it

welfare does not encourage employment

although welfare *discourages* employment by being afraid to get your welfare taken away if you get a job

which i think is why i supported it

i suppose it doesn't play out in the short term

but i think inflation seems like a problem that could occur

yeah

yeah

are you saying, that ubi will accelerate the doomsday robot ai scenario that ubi is touted as a solution for

🤔

UBI won’t lead to inflation if it doesn’t change aggregate consumption, i don’t think | andrew yang wants ubi so people can spend more money and stimulate the conomy though

i don't understand how employers investing in technology to elminate labor causes inflation

doesn't it just cause unemployment

if the govt prints money to pay the unemployed people yes, but in ubi everyone is supposed to be getting paid the same anyway

isn't inflation caused when people have extra money, so much so that people are willing to spend more for the same thing

so prices can go up and people will still pay them

if full automation did happen and human labor was worth zero in the economy that would be really bad too imo

because people, men especially, are hard wired to work and contribute to society, and ubi would not resolve that

i bet there would be a wave of substance abuse and suicides

but i don't think that is going to happen either

i think, technology will continue to improve, and make our lives easier in some ways, and i'm betting the amount of poor people will increase

they say, income inequality is increasing. meaning, the rich are richer, but most of us don't get richer. ok. but technology continues to improve. our lives continue to get easier/fuller because of that. think, smartphones automobiles refrigerators internet. the trend in capitalism is fewer people in absolute poverty (steven pinker). so just play that out over time. i'm not convinced automation will leave us with "nothing to do". people will still need to eat and we'll figure it out.

we'll figure it out aided by our more advanced technology

we have seen how smartphones have already brought new kind of jobs e.g., uber, could new technology bring other opportunties? e.g., automated farming equipment that is cheap and affordable? or other things we don't envision yet

if you read my message i am arguing for why it isn't a problem

the idea of capitalism that lifts all boats

capitalism produces technology, that technology improves our lives, that's wealth

hmm?

right. if a widget is cheaper to produce thanks to improvements in technology

i think smartphones are a great example, computers in general

i think this is an argument for not increasing the minimum wage

the worth of human labor will perhaps go down but we want to give people a chance to sell their labor, so they can earn at least something

if deflation is happening. having $100 from your cheap job is better than having $0 from no job.

if you increase minimum wage, you will increase the rate of automation, you will accelerate the communist dyst/ut/opia

alternatively, we should let the market figure out the new types of labor that come about from the new technology, at whatever their worth, and not interfere with minimum wage as it may well be less than that

the more we interfere in the economy, the more *we need to interfere*, look at venezeula

and its a downward spiral

one measure causes problems so introduce new measures to fix the problems etc. everything goes to shit

i'm arguing for not touching what we have. i wonder would happen if we just removed it though.

if it ain't broke though... idk

maybe we'd see deflation?

think of it... all these homeless ppl begging for money, if there was no minimum wage, someone might at least give them a job sweeping the street or some very low paying job which would be an improvement to their state now

but as of now they are difficult to employ

having non-zero is a hell of a lot better than having zero

i think the toughest candidate dems could pick is yang

he's the only one not talking about identitarianism race/gender stuff

he's almost like bernie was in 2016 before he fell into the left identitarian narrative

or in 2015 idk

a trump vs. yang debate

i don't think that he will be picked though.

i am not sure the negative effects of having this "free" money would be outweighed by the good

we can see for instance minimum wage is almost useless

and at worst a job killer

i would like socialism to work, but i don't think it does

that said i do think a social safety net is required but i would like to see it minimized/reformed

i think the burden is on the proponents of this to prove it will work. we have seen time and time again socialism destroy countries. ubi has never been tested on a mass-scale for long periods. the study in finland was unable to show their hypothesis was true

i do not want america to be the guinea pig, if other countries want to try it, in europe, go for it

and we need to reform welfare laws now

it seems our welfare laws discourage two-parent households

lol "mostly inflation" like that's negligable, just inflation. inflation is a killer. at best it nullifies your policy, at worst it destroys the economy

the problem in venezuela is inflation

andrew yang's version of ubi says you can keep your existing welfare

if you prefer that

i'm sure there are some versions of ubi that make more sense than our current welfare system

well, maybe

a critisism of ubi is that if you replace welfare with ubi, that it takes away from those who actually can't work and need it the most

if you keep welfare and add ubi on top of it that seems incredibly expensive

i just don't see a problem to be fixed, what is the problem to which UBI is the solution? we can reform welfare

low-inflation-low-growth enviornment? huh? isn't the economy doing great?

yang is the chinese obama

he is also very smart

yikes... you paint a pretty bleek pictre

immigrants will always vote dem and immigrants are increasing

but if they are all in the same place it won't matter as much

because a state only has so many electoral votes

it's an honorific like sir

but for a senior boy

yang has good rhetoric but not good policy

yang is just bernie in 2015

it wouldn't become a one party system anyway, the republicans would just move left to appeal to more voters

it'd calibrate to 50-50

i'm really doubtful of the positive effects of ubi