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People in Two U.S. States Will Get $1,000 a Month in a New Basic Income Trial
Futurism ^
| September 21, 2017
| by Brad Jones
Posted on 09/21/2017 11:22:11 AM PDT by Oldeconomybuyer
click here to read article
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The latest on the "free stuff" train.
To: Oldeconomybuyer
They will drink it or shoot up.
2
posted on
09/21/2017 11:24:18 AM PDT
by
Hang'emAll
(If guns kill people, do pencils misspell words?)
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
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.)
To: Oldeconomybuyer
Prototype Communism bump for later...
5
posted on
09/21/2017 11:28:45 AM PDT
by
indthkr
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.)
To: Oldeconomybuyer
All it will do is just raise the “welfare cliff” and increase the non-working adult population
7
posted on
09/21/2017 11:30:07 AM PDT
by
PGR88
To: Hang'emAll
I wonder how “random” it will be. They may drink it or shoot up, or might buy groceries. There is a period when people are too old to be considered for jobs and too young for social security. Can be rough years for some worthy people. But who exactly is making the payments? Let me guess......If megacorporations all chipped in...well, they’d raise prices so we’d pay the bill either way.
8
posted on
09/21/2017 11:35:02 AM PDT
by
Veto!
(Political Correctness Offends Me)
To: JoSixChip
That’s why I think this may be fake news, that’s a lot of cash. Who is paying and why?
My guess is that when you call, someone with a Nigerian accent will need your banking information to complete the application.
9
posted on
09/21/2017 11:35:28 AM PDT
by
dangerdoc
To: Oldeconomybuyer
10
posted on
09/21/2017 11:36:34 AM PDT
by
JimRed
( TERM LIMITS, NOW! Building the Wall! TRUTH is the new HATE SPEECH.)
To: Oldeconomybuyer
Tip money for a large segment of the population.
11
posted on
09/21/2017 11:38:01 AM PDT
by
Phlap
(REDNECK@LIBARTS.EDU)
To: Oldeconomybuyer
Please ping me when you post the article about them filing for bankruptcy in a few months.
To: Oldeconomybuyer
Oh, boy!!! More cigarettes, booze, drugs and hooker money.
13
posted on
09/21/2017 11:39:06 AM PDT
by
EagleUSA
To: JoSixChip
Wonder how much the government (state and/or federal) will take in taxes??????
And, if they are already working, it will possibly push them into a higher tax bracket. Then they have to pay more in taxes, take home from that will probably be around 6-700 dollars/mo. which will likely make them short on income tax at the end of the year and they will have to pay more......
Should be interesting
14
posted on
09/21/2017 11:40:16 AM PDT
by
coincheck
(Time is Short, Salvation is for Today)
To: JoSixChip
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. The smart ones will buy a 2 or more unit rental property, which if effectively managed can house and feed them for life.
15
posted on
09/21/2017 11:40:20 AM PDT
by
JimRed
( TERM LIMITS, NOW! Building the Wall! TRUTH is the new HATE SPEECH.)
To: Oldeconomybuyer
Me! Me! Pick me! I promise the local economy will profit from increased ammo sales.
To: Oldeconomybuyer
Universal guaranteed income equals Guaranteed inflation and that usually equals lowered buying power for the wage earner.
17
posted on
09/21/2017 11:41:26 AM PDT
by
fella
("As it was before Noah so shall it be again,")
To: Billthedrill
18
posted on
09/21/2017 11:42:12 AM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Oldeconomybuyer
So... Where can I buy stock in this company?
Sounds like a winner.
19
posted on
09/21/2017 11:42:23 AM PDT
by
Fido969
(IN!)
To: Oldeconomybuyer
UBI from the likes of SpaceX, Y Combinator & Zuckerberg sounds like an alphabet soup recipe for financial disaster
20
posted on
09/21/2017 11:42:24 AM PDT
by
mikrofon
(Thoughtful Thursday BUMP)
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