Is this actually feasible? If it happens I'm just gonna laugh, keep working just as hard but finance a boat or some other reckless action lol just shoot it right back into circulation.
UBI - Universal Basic Income
Interestingly, Alaska is one of the few places where residents receive a basic income. The Alaska Permanent Fund invests state oil profits and pays every Alaska resident an annual dividend. The only requirement is you live in Alaska the full year.
I watched a documentary about UBI. In an interview, a typical conservative Alaskan was asked about the Permanent Fund Dividend. He said it was the ultimate American conservative way of doing things: the government can't be trusted to spend the oil profits wisely so they should give it to the people to decide for themselves. When asked about universal basic income, he said he was against it because giving people free money for nothing is socialist.
The PFD meets the definition of universal basic income and is said to have reduced poverty in Alaska by 20%.
Just goes to say how you frame UBI makes a big difference in how people think about it.
Purely from an efficiency point of view, UBI is probably cheaper and more effective in reducing poverty than funding a shit ton of bureaucracy. Experiments have shown promising results. But a lot of people probably won't be able to see past the "socialist" frame.
To take the concept a whole lot further, read Bullshit Jobs by David Graeber.
Last edited by: [email protected] on Oct. 25, 2023, 8:13 a.m., edited 1 time in total.
Posted by: [email protected]
He said it was the ultimate American conservative way of doing things: the government can't be trusted to spend the oil profits wisely so they should give it to the people to decide for themselves. When asked about universal basic income, he said he was against it because giving people free money for nothing is socialist.
Jesus. American conservatism has been reduced to "Gubmint bad". Unless of course it's paying them and only them.
I have been meaning to read Bullshit Jobs. There are also bullshit industries, like much of the world of finance.
I can't think of any reason UBI wouldn't work. We already take in taxes and shuffle it around. UBI is just a different way of doing the same thing. I doubt that 17K a year is going to lead to many people putting up their feet like it's easy street either. In fact, most of that money will go right back into the economy and create more interesting jobs for people.
Last edited by: chupacabra on Oct. 25, 2023, 1:10 p.m., edited 1 time in total.
Posted by: [email protected]
Interestingly, Alaska is one of the few places where residents receive a basic income. The Alaska Permanent Fund invests state oil profits and pays every Alaska resident an annual dividend. The only requirement is you live in Alaska the full year.
I watched a documentary about UBI. In an interview, a typical conservative Alaskan was asked about the Permanent Fund Dividend. He said it was the ultimate American conservative way of doing things: the government can't be trusted to spend the oil profits wisely so they should give it to the people to decide for themselves. When asked about universal basic income, he said he was against it because giving people free money for nothing is socialist.
The PFD meets the definition of universal basic income and is said to have reduced poverty in Alaska by 20%.
Just goes to say how you frame UBI makes a big difference in how people think about it.
Purely from an efficiency point of view, UBI is probably cheaper and more effective in reducing poverty than funding a shit ton of bureaucracy. Experiments have shown promising results. But a lot of people probably won't be able to see past the "socialist" frame.
To take the concept a whole lot further, read Bullshit Jobs by David Graeber.
i‘d like to see a comparison with the norwegian state fund on which program gets a better roi for its citizens
Last edited by: Sethimus on Oct. 25, 2023, 10:56 p.m., edited 2 times in total.
Posted by: Sethimus
i‘d like to see a comparison with the norwegian state fund on which program gets a better roi for its citizens
I would bet Norway is getting a much better ROI. They learned their lessons in a hydro power deal that went bad, so when they discovered oil they made sure it worked for Norwegians.
Last edited by: chupacabra on Oct. 27, 2023, 9:41 a.m., edited 1 time in total.
alberta spent all the money on lifted diesel PU's
and truck nuts
Posted by: Fast-Orange
Is this actually feasible? If it happens I'm just gonna laugh, keep working just as hard but finance a boat or some other reckless action lol just shoot it right back into circulation.
The real question is if they actually implemented this how much of an effect on agencies liked Welfare, Disability Support, and those other agencies we go to on bended knee when we need assistance.
Another thought....after years of endless "We need to do more to aid those struggling with mental illness so they don't end their pain" talk. Will this allow anyone actual access to support like say Mental Illness Counselling that is like $150 a session because there is zero other options?
Oh, wait. Nothing will change. Though if some have their way they will just make MAID easier to access so that will solve everything.
We pay all these taxes and get pretty much nothing in return.
How bout we just get to keep our own money
i B wErKiN hArD @ mE jAwB aN dEz CoMmIeZ b GeTtIn ThEM s3gGs ChAnGeZ 4 fRe3!
keep the money and use it to buy gunz
Ima agin free money.
Produce something.
Posted by: Adam-West
We pay all these taxes and get pretty much nothing in return.
How bout we just get to keep our own money
aren‘t taxes quite low in canada? you‘re keeping around 70% of your wages, right?
Posted by: switch
Ima agin free money.
Produce something.
People are working harder and producing more than ever before.
Posted by: Sethimus
aren‘t taxes quite low in canada? you‘re keeping around 70% of your wages, right?
LOL!
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