Posted on 05/25/2017 2:14:48 PM PDT by 2ndDivisionVet
Mitch Hedberg
Charles Murray is even talking up the idea of a UBI.
Expect these ideas to grow. As wealth becomes more and more concentrated (due principally to inherited wealth) and the lower classes get less of the pie this will be the answer posed to resolve that inequality.
Friedman was right about the negative income tax as a substitute for welfare. I read once that about 70% of the money allocated to welfare programs winds up being absorbed by the bureaucracy. I believe it was called Parkinson’s Third Law. So it is welfare for bureaucrats.
Wealth is created by work, innovation, and the conversion of natural resources.
Innovation makes innovators wealthy through either trade secret protection or intellectually property protection (such as patents).
Some nations have given citizens incomes based on federalizing resources such as oil. This may be sustainable in some cases for quite a while, as in Kuwait. In other places, like Venezuela, we see corrupt government rob their people blind. (Of course this happens in other places, like the US, also.)
In order to implement this in a developed nation, it requires robbing the rightful owners of such resources. And that is immoral. It is wrong.
However, distributing money to citizens based on government-backed intellectual property right protections, including those negotiated through treaties for international trade, could be done ethically and morally.
Intellectual property rights are NOT based on natural law. Rather, they strip natural rights of free people and use the force of government to restrict free people from using the innovations of others without paying for the right to do so. Natural law does not prohibit anyone from using any innovation they may discover or learn from someone else.
Intellectual property rights trade a natural right for the advantages of encouraging and rewarding innovation. This can be a good thing. But the whole system is broken and needs to be reworked from the ground up.
I propose that taxing all products and services that rely on intellectual property rights for a limited monopoly enforced by the government, and distributing these revenues equally among citizens (not illegal immigrants).
This has the potential to give citizens a UBI, but that would depend on the amount of innovation, sales of protected products and services, the percentage of tax, etc. I believe adjusting these things to the proper levels could provide a safety net to replace all of the wasteful government programs to “give” people free food, housing, education, medical care, etc.
Today, large, multi-national corporations game the system, stifle innovation, and exploit citizens who have been robbed of their natural rights. They do so by controlled obsolescence, and other manipulations to insure for themselves perpetual monopolies rather than the protections for a “limited time” as specified in the Constitution.
Innovations such as software based products and services should be protected for far less than the current 20 years. This should be 5-10 years. And then the code should be made open source. Revenues could also be generated through fines, but these monies should probably be redirected toward the costs of enforcement rather than distributed as income.
“People” here doesn’t include... the taxpayers.
Guess the $15 minimum hourly rate wasn’t enough. It was never going to be enough. They were never going to stop at that. The ultimate goal is complete government control of all salaries and all prices (communism).
For now, they want a few White a$$wholes to work their a$$es off to pay this guaranteed minimum income for all.
It will fail, as all leftist proposals do, and the leftists will demand a strengthening of the law that failed, leading to additional failure, which prompts them to demand .... (repeat until doomsday).
Advocating moral hazards like universal income will result in #GOPSupermajority2018.
The other thing is to encourage Canada to go forward with this and blackhole their economy. How many bus tickets would you buy for your local torta rollers to head for Canuckistan?
Well known libertarian author Charles Murray, author of “The Bell Curve” 1994, proposed a Basic Income.
He says it gives all people including the least capable, the basics for living, without the enormous and costly bureaucracy of issuing housing, welfare, food, health, etc.
One lump sum, spend it wisely for there is nothing once gone.
I believe Milton Friedman did as well.
Believe it. We already have a segment of our population benefiting from a program similar to basic income. The recipients are known as government employees..........
One would be wise to invest heavily in the 2nd of the month loan providers.
Who was it who said, 'go ahead and make reparations and everything will be right back where it was in 10 years.'
Tipping point would be more like 24 months...
First, the welfare program for the indigenous in Canada is more like a traditional welfare program than a basic income, with much of the money being fed through various government agencies to designated programs. Second, it is impossible to disentangle all the problems they suffer, starting with living in sad arctic communes. You are certainly right in this way: if you just cut all financial support to zero, it would have the immediate positive effect of motivating them to move south to cities where they could get jobs and support themselves. That said, a basic income would be more likely to help them do that than a welfare program that provides health care, food, and education in the arctic.
If your dream is getting stoned and eating then... yeah.
I think I have Basic Income figured out.
First use Basic Income to garner the ‘free stuff’ vote.
Then, when it inevitably causes a crisis, use it as an excue to enslave folks as ‘shirkers who are not doing their fair share.’
Win, win for the Elite.
Oh boy! Free money! Why work?
Meanwhile.....
“An Obama appointee who oversaw student aid at the U.S. Department of Education has resigned to avoid further confrontation in front of congress. He might have been giving taxpayer dollars to “illegals” and “minorities” that weren’t eligible. The Montana thing the MSM is running is a distraction from all of this. The Office of Federal Student Aid manages the federal government’s $1.2 trillion student loan portfolio and disburses Pell grants. A huge amount of tax payer dollars might have been going to people that weren’t eligible for the last 6 fucking years.
>A statement on the resignation by the oversight committee chairman, Jason Chaffetz, R-Utah, said that under Runcie’s leadership federal student aid systems were “less secure, performance has suffered, and improper payments have increased.”
>Those “improper payments” were to be the subject of Runcie’s testimony Thursday. The phrase basically refers to any erroneous, and therefore wasteful, money spent by the federal government. At least as far back as 2011, the Office of Management and Budget had identified student aid programs, both Pell Grants and student loans, as being particularly prone to paying out money when they didn’t have to because of poor record-keeping and other issues.
>James Runcie oversaw the Federal Student Aid office, which administers $150 billion in grants, loans and work-study funds that helps 13 million students pay for college each year. The announcement of his resignation came a day after the Trump administration called for large cuts to these aid programs and on the same morning that Runcie’s boss, Education Secretary Betsy DeVos, was testifying about those cuts on Capitol Hill.”
The swamp is draining in the Education department.
https://archive.is/UFv5P
http://www.npr.org/sections/ed/2017/05/25/529560167/why-did-the-top-student-aid-official-under-betsy-devos-resign
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