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To: Oldeconomybuyer

Sounds like fake news. 12+ million bucks, would have to be a heck of a grant.


3 posted on 09/21/2017 11:24:29 AM PDT by dangerdoc
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To: dangerdoc

The $1k’ers need to give up ALL government extras for it all to work.


4 posted on 09/21/2017 11:27:36 AM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: dangerdoc
12+ million bucks,

That's for a single year, the experiment is for up to 5 years. $60M, hey its private money I say have at it. My bet is that within a year most of the participants will trade it for a lump sum in the form of a loan and then blow the money anyway.
6 posted on 09/21/2017 11:28:50 AM PDT by JoSixChip (Repeal and replace the gopE.)
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To: dangerdoc

Real news. It’s been discussed at Y Combinator for months/years.

Problems with the study:
- The money is donated (as charity), not confiscated (as taxes)
- The number of recipients is so small they won’t affect the economy (vs _everyone_ having $1000/mo and, say, rent jumping to that minimum).

This tests the effectiveness of CHARITY, not UBI.


26 posted on 09/21/2017 11:56:25 AM PDT by ctdonath2 (It's not "white privilege", it's "Puritan work ethic". Behavior begets consequences.)
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To: dangerdoc

After Clintonist operating cost, there will only be 5 people in the study and they will all be DNC donors.


61 posted on 09/21/2017 1:18:36 PM PDT by Steamburg (Other people's money is the only language a politician respects; starve the bastards)
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