/biz/ - Business & Finance

[Anonymous No.16022149]

>My freedom dividend of $1000 a month to every U.S. citizen starting at age 18 would create millions of jobs
What does /biz/ think of Yang's economic policies?

[Anonymous No.16022152]

>>16022149
How can he afford to make this happen

[Anonymous No.16022153]

id spend it all on link

[Anonymous No.16022165]

>>16022152
he's cutting administrative costs, also lowkey funded by China

[Anonymous No.16022167]

>inb4 you can't tax the rich I'm going to be rich someday hurrrrrrrrrrrrr

[Anonymous No.16022170]

I don't give a shit, I just want money.
Fuck the politics, fuck the morality, just pay me so I can buy more LINK and escape this slave world.
>>16022165
>lowkey funded by China
Based
China will be the place to go to to escape niggers and spics soon.

[Anonymous No.16022172]

>>16022152
According to Yang
>it's opt-in, and people on cash based welfare programs like food stamps choose between what they have and the UBI
>VAT
>carbon tax

[Anonymous No.16022174]

>>16022153
based, same

[Anonymous No.16022179]

>>16022149
its an interesting way of redistributing upper echelon wealth to the bottom 80%

i like the fact that he acknowledges "the one thing government is good at it sending mail out to every citizen. they suck at everything else"

im also sure that 80% of social service money is wasted and goes straight to the pockets of corrupt people in power

so i support yang.

[Anonymous No.16022194]

>Yang becomes president
>sucker still actually think they're gonna get $1000/month now
>lol you got scammed by a chink
>tears and suicide

[Anonymous No.16022207]

>>16022149
He's a larping communist

Politics makes no sense

If he wanted to actually win he could've just ran as a republican and said he was eliminating taxes entirely.

Would've made much more sense than his fucking retarded ubi plan.

The second everyone has an extra $1k in their pockets is the second hyper inflation occurs and your groceries are now $1k more expensive

If you want to stimulate the economy eliminate the fucking slug leech that is the federal government. it's the only thing that de incentivisez somewhat intelligent people from making more money

Very smart people obviously just avoid taxes but many decide welp i won't do x y and z because of all the tax implications

[Anonymous No.16022209]

>>16022170
More like a place to lose your soul, get murdered and ripped off your organs

[Anonymous No.16022231]

>>16022149
He warned you.

[Anonymous No.16022232]

>>16022209
Sounds like America.

[Anonymous No.16022241]

>>16022149
a vote against yang is a vote against 12k a year into your pocket to invest into LINK

dont be a retard biz

[Anonymous No.16022242]

>>16022194
And if it does get implemented, it's only going to take value from and punish the productive while rewarding the not-so-productive. Great plan.
Or say it's not financed through taking from the rich and rather simply printed it will increase the already inflating money-supply.
Which you all know diminishes purchasing power of already existing savings.
It would suck ass in every way

[Anonymous No.16022243]

Will 1k a month make up the social security thats being stolen from me with 0 returns?

[Anonymous No.16022254]

>>16022242
>punish the productive while rewarding the not-so-productive
WRONG

[Anonymous No.16022263]

>>16022254
Oh yes what incentive do unproductive people have to work again? Literally FUCK handouts and FUCK those who need them. If you cannot exist on your own you should not.

[Anonymous No.16022267]

>>16022152
>How can he afford to make this happen

The same way we can afford war, dumb fuck.

[Anonymous No.16022278]

>>16022263
>what incentive do unproductive people have to work again?
Uh, did you ever stop to think that those unproductive people were never going to be productive in the first place, and that with the advancement of tech and automation that they would have been fucked either way, so we might as well give them some sort of soft landing so some of them can try to make something of themselves instead of your shitty plan of just hoping for the best?

[Anonymous No.16022310]

>>16022278
The irony of this statement is palpable.

[Anonymous No.16022314]

>>16022278
>and that with the advancement of tech and automation that they would have been fucked either wa
Not a problem at this moment.
>>16022278
>of soft landing so some of them can try to make something of themselves instead of your shitty plan of just hoping for the best?
My plan isn't hoping for the best. I assure you if automation leads to the decimation of all jobs it would soon after lead to the decimation of life. What use does the elite have for their cattle if not working? NONE.
And you admit unproductive people won't work then? And we should just be nice? How nice is it to take from the productive and give to the unproductive. FUCK OFF.
>we need to tax the middleclass to death to help the lower class
NO

[Anonymous No.16022315]

>>16022278
also adding to this, by giving those "unproductive" people 12k a year, it allows them to partake in capitalism and spend that money in local markets as well as national or global. It even helps the businesses because more people will have more money to spend on different things.

[Anonymous No.16022338]

>>16022314
>My plan isn't hoping for the best.

>REEEEE KILL THEM OFF!
>literally letting them die to the fire of the future and hoping it doesn't affect you

>I assure you if automation leads to the decimation of all jobs it would soon after lead to the decimation of life

This is how I know you're a retard, and probably a boomer.
>What use does the elite have for their cattle if not working? NONE.
This shows you don't understand the soon-to-be impact of automation.
>unproductive people won't work then
>won''t
more like can't, because there will be no jobs for them
>And we should just be nice?
What a novel take, yes, we should be nice to them so they can partake in capitalism and hope to create a niche for themselves.
>How nice is it to take from the productive and give to the unproductive
It's not taking from anyone. Imagine not understanding how a VAT tax works. Imagine not understanding that every American adult gets it.

[Anonymous No.16022346]

>>16022149
unironically baste but it will never happen. how does he plan to get this past the house and senate? we can't even get affordable healthcare. we're not gonna get NEETbux

[Anonymous No.16022361]

>>16022346
healthcare is a harder thing to objectively discuss while a freedom dividend simply makes sense not to mention a red state (Alaska) has had it for many years now. Wouldn't be hard to sell to them, especially in the face of the automation threat

[Anonymous No.16022362]

>>16022338
>vat taxes don't take from people
Uhhh

[Anonymous No.16022363]

It would help me in college. But fuck people like me right for not shitting out btc every other day?

[Anonymous No.16022378]

>>16022362
Takes way more from tax dodging giant corporations. You wouldn't feel the VAT at all when you're getting 12k extra a year to play with.
I have a feeling most of you never ran a business or are probably poor/will never make it.

[Anonymous No.16022393]

Also I bet none of you would win any debate against Yang. He would shit down any deniers neck when it comes to this, that's why no one has been able to successfully challenge him on it, and in fact they have begun to adopt his stance.

[Anonymous No.16022402]

>>16022149
Ahhh time to up the rent by $1000 on my tenants

[Anonymous No.16022413]

>>16022402
Wouldn't work. With the added mobility that +1k a month allows to people they would just move to a cheaper area if competition didn't already set your ass straight.

>Haha now im going to raise it by 1k!
>next guy: huehue I'll only raise it 900!
>other guy: huehue retards i only raise it by 500!
>another guy:well fuck you guys im only gonna raise it 100!
>smart guy: I won't raise it at all because housing is already over inflated, come rent from me.

Your "point" has been debunked many times

[Anonymous No.16022428]

>>16022149
when ico?

[Anonymous No.16022466]

>>16022149
>Rothschild family is worth 700 trillion dollars
>If we theoretically gave everyone 1 million each the Rothschild will still be rich.

Just take money from the Rothschild family. They'll gain it back easily from the system they created.

[Anonymous No.16022872]

>get $1000 a month
>stop working because I don't need to to pull off a barebones NEET existence living at home anymore
Unironically what I'd do, too. Yang underestimates the squalor people are willing to sink to if it lets them be lazy.

[Anonymous No.16022881]

>>16022872
>thinks he can live off of 12k a year

[Anonymous No.16022892]

>>16022881
If you've saved up for a tiny home before getting UBI, or lived with your parents until your UBI could buy a tiny home, what's the cheapest land you could put one on and what would your taxes look like if your only income was UBI?

[Anonymous No.16022897]

>>16022881
Living with my mom I can. That's the point, every mama's boy millenial who only participated in the workforce to buy games and because their parents demand $100/month rent for the basement would drop out completely if this happened. Not to mention niggers who are pros at scraping by in the most humiliating conditions possible if it means working less.

[Anonymous No.16022898]

What happens if the government runs out of money?

[Anonymous No.16022975]

>>16022898
congress votes to extend the debt limit

[Anonymous No.16022989]

>>16022207
your logic is ass. Competition among companies would make it so that minor inflation would be irrelevant. In terms of percents, you would end up with a net gain (more buying power).

[Anonymous No.16022995]

>>16022897
>Living with my mom I can
LMFAO
>That's the point, every mama's boy millenial who only participated in the workforce to buy games and because their parents demand $100/month rent for the basement would drop out completely if this happened.
Doubt it. If this does happen it'd be at a rate so tiny that no one would give a fuck.
>>16022898
>government run out of money
LMAO

[Anonymous No.16022997]

>>16022989
*companies competing against each other would result in prices not going up drastically since people would just buy from companies that offer the cheapest products

[Anonymous No.16023510]

>>16022315
This. 12k/yr is by no means a living wage unless you reside in the most backwater hills of Appalachia. I wouldn't stop working just because I got an extra G per month. I'd just save or invest it.

[Anonymous No.16023534]

>>16023510

> unless you reside in the most backwater hills of Appalachia.

He's talking about me

[Anonymous No.16023578]

>>16023534
Yea, I live in the valley of Western MD near Appalachia. 12k really isn't much, even if you do live out there. If Yang does implement a freedom dividend, I think other things would have to be cut to fund it. I just don't know how we could afford to give out that kinda money for more than like 5 years.