Would Universal Basic Income work?

A huge swath of the country gets social security every month, there are cities where almost everyone is on it

it does not fuck everything up the way this thread says it will

Just like all the current spending is extracted from wealthier parties? Right right…

>>economics, how do they work?
not an argument

Niggers would find a way to get fleeced out of their 1500 while whites continued to work and kikes continued to scam. Nothing would change, only the scale of the numbers.

Why do you think millions are quitting on mass while everything hyper inflated sweety. What would make someone want to work when you could sit on your ass and make the same? People think the west is the Titanic and that it will never sink. It’s the biggest ship of all time! Reality check, This ship is sinking and it’s sinking fast, some of the top levels have already boarded the life rafts and fucked off. Some of the middle class passengers have twigged somethings up and are waiting near the life rafts to get out and some of the lowly passengers know what’s going on but simply do not have the means to get off the ship. Things are about to get brutal. The paradigm shift is almost completely done.

>if everyone got a free 1500 a month what would happen?

Nike revenue would MOON

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*with the caveat that less whites would work because why bother when you can just mooch off the government. Every little bit of demoralization leads towards the overall collapse of society and this would just press it closer

>Tired meme, not to mention that these resources would be extracted for wealthier parties via taxes to fund this. Dollar in, dollar out.
it would probably be more, dollar print, dollar out

>Niggers would find a way to get fleeced out of their 1500 while whites continued to work and kikes continued to scam. Nothing would change, only the scale of the numbers.
poor people might have an easier time getting food and necessities

other than that i agree with you

>If everyone was given $1500 basic income a month people earning $150000 would have the same purchasing power as someone now earning $148500 a month.
Does that make it easier to understand?

>*with the caveat that less whites would work because why bother when you can just mooch off the government. Every little bit of demoralization leads towards the overall collapse of society and this would just press it closer
is working some shit hourly wage job (that probably is bad for society or the environment such as fast food) so you dont wind up homeless noble for some reason?

so what

Women would fuck only top Chads and niggers you wouldnt be able to get girls with your betabucks or even hire a hooker. Your status would get equalized with every shitskin in the world.

It is. This takes the slimmest most basic understanding of how many and value works to get.
Imagine COVID stimmy cheques but every month. Not sure how you think this is not inflationary

It could never work because american lives revolve entirely around their first $1500 a month. After they make that much money, they just deflate like a balloon. Literally, their bones liquefy and they collapse into a tiny pile of loose skin. Higher brain functions just cease completely till the month is up.

It's kinda crazy. They completely stop saving money. They also stop spending money too. They stop having hobbies. They stop pursuing an education. They stop having kids. They stop having medical emergencies. They stop building things, like families and businesses and communities. They just sit there as a little inanimate pile of skin patiently waiting for their next free hand out. A truly horrific but entirely accurate story according to many rich and very productive eye witnesses.

Moron, it’s all money printing, debt, deficit, currency debasement
Taxes never covered US gov spending and never will, not even if you tax 100% of the income
And guess who is hit harder? Poors and middle class, the ones with none or little assets

yes. Work, service, and production gives purpose and builds self-confidence. It's a fundamental piece of a functioning high-trust society. You can't create a utopia for humans, struggle(work in some form) is literally a part of the human condition.

Any monetary expansion and redistribution has problems/downsides, but there's some good arguments for doing welfare in the form of UBI rather than the current system of specific welfare.
>removes the disincentives for the poor to avoid work, which takes away their gibs in the current system
>reduces the beaurocracy/cost associated with distributing specific welfare
These only really apply if they totally get rid of the current welfare system, not just add on top of it. Also, it certainly shouldn't be enough to really live off the gibs alone. There would be tremendous economic costs from the drop in productivity if you could have a comfortable life without ever contributing anything.

lol no. people earning 1500$ will after that got 3000$ a month, which is twice of purchasing power those who earns 0$.

So it would do nothing in principle. In practice it would only destabilize markets.
Imagine there's a house that we both really like that cost 100k yesterday.
The stimulus of 1.5k comes out, what's stopping you from immediately bidding 101.5k to get it.
People underestimate how liquid prices are.
1.5k to every US citizen would be almost half a trillion dollars.
Half a trillion instantly dumped on the economy.
This is for a one time thing. Half a trillion dollars every single month would probably be too much even for Jpow to manage.

US gdp is 20 trillion by the way.

I live near a community that decided to use their collectively owned business asset to fund a basic income program for their members like 15 years ago. And looking at that community, it has turned me off the whole idea. Drug & alcohol use, which was already pretty bad there has only gotten worse, domestic violence has gotten worse, more petty vandalism & graffiti, and so on. And that location used to mostly employ its tribal members to run the casino and hotel, but after now has to bring in quite a few white people to run the tables & mexicans to clean the hotel rooms. Some tribal members still work, but a bunch decided to not bother.

Basically, there are three kinds of people; those who will behave in a productive manner on their own, those who will act like trash no matter what (think about the long term homeless, mentally ill, etc), and a third group that is capable of being reasonably sober & productive if they have to keep a job, but will turn to trash without that outside requirement. UBI enables that that third group to turn to trash.

Consumer prices are driven by production and consumer demand. The billionaires having some extra money doesn't have nearly as much effect as every person in the country having extra cash to bid up prices on things they're guaranteed to spend on.

Since I know you'll call me a bootlicker, I'm not. I don't condone any welfare or wealth redistribution for either the rich or the poor. I'm just saying millions of the common man drive inflation, not one man with millions of dollars.