Posted on 03/10/2021 6:44:34 PM PST by Yong
Concerns of “universal income” grow as President Joe Biden’s $1.9 trillion relief package gets rid of work requirements for the Child Tax Credit. Experts raise concerns that this could actually hurt, not help, society. Under current law, families with no earnings can’t get the benefits, but as their work earnings increase, so too does the family’s benefits. But Biden’s plan would cut out that requirement. Even families who don’t work could get up to $3,600 per child on top of any other aid they already might be receiving, such as food stamps, Medicaid, and so on.
My Pillow Media?
UBI (for the lurkers)
Universal
Basic
Income
Guaranteed gov’t income. IMHO, this is coming to the world. A great way to implement the Mark of the Beast (when that time comes).
India started scanning retinas and fingerprints for their welfare system years ago. I believe it started in 2012 but I’ll have to check.
1.2 billion people (planned)
https://youtu.be/oeBiZGU23SY?t=2m23s
A great way to bring about Weimar Republic-class inflation that will starve billions worldwide.
All part of the plan.
Haven’t heard anything from Bill Gates or George Soros of late. I guess the global oligarchs have retreated to their well-stocked New Zealand hidey-holes to ride out their Great Reset.
Sure would like the opportunity to pay a welfare check on one of them.
Speaking of Big Pillow; I heard activist David Hogg was getting investors together to start a competing pillow company. Their stated goal is to put Mike Lindell out of business. I haven’t heard any updates since before Valentine’s Day.
Mike is a good guy. Who knows how this will go.
Gitmo.Life is already walking the walk: no censorship and zero tracking Spyware.
I think he gave up


The headline doesn’t match the brief sound bite intro posted. What’s up with that incongruency? Are you promoting Mike Lindell or NTD, because the headline is promoting Mike Lindell, but the intro is a completely different topic.
There are many different versions of this idea (UBI). Milton Friedman had a fairly decent understanding of it 60 years ago; but it was predicated on the concept that even graduated income taxes wouldn’t be as confiscatory as they are today, creating a disincentive to work better and harder and improve oneself.
He basically said, if you earn less than X you pay “negative taxes” in other words, welfare for those who can’t work or can’t earn. As you earn more you lose the benefits but not in a way that it puts you back down the economic ladder. Nothing like what is being proposed by the American left, except in spirit of helping those who need help and enabling those who are working their way up.
“My Pillow Twitter!”
.
I’ll sign Up!
I’d say a substantial amount of damage has already been done by the “Coronavirus” thingy. So much that nothing will ever be the same and too many small (and maybe larger) operations will not survive.
That will lead to more and more needing UBI.
Grocery stores, gas stations, certain fast food places, Walmart, Amazon, and the like will survive.
The headline doesn’t match the brief sound bite intro posted. What’s up with that incongruency? Are you promoting Mike Lindell or NTD, because the headline is promoting Mike Lindell, but the intro is a completely different topic.
I can’t believe it took NINE posts for someone to point this out. 🙃
Everyone just swimming along....singing a song.
Oh! Were we supposed to read the article too?//
Once I saw My Pillow CEO + to launch own media website, I thought i had done all my homework.
There is something wrong with Yong.
An early ping for next month.
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“Pillow Talk” ?
I’m afraid you are right about the fate of small and even medium sized businesses. They are getting squeezed by all sides - competing with welfare for wages, producer input prices are climbing by double digits, all the businesses that drive main street economies have been crippled, there is a massive imbalance in trade (and in cargo containers), energy/gas prices are rising, commodity prices... I could go on as could you I’m sure.
There will be opportunities but I don’t think we’ll be bounding out of this mess for the foreseeable future. 2022-2023 maybe, if we don’t run into stagflation. $1.9 trillion in spending and maybe 9% of it will help real people. Not that I am a fan of big government but this recent bill is a debacle. I get a kick out of the “news stories” that say things like “the $1.9 trillion is close to what economists say will be needed to regenerate economic activity”... um, maybe but not the way they are spending it. And personally I am insulted by the way Pelosi and Schumer grandstanded for 9 months about the stimulus without getting anything passed, and in the end once they got the levers of power the average unemployed is going to get the same exact amount of UI that Trump was able to deliver just be reallocating discretionary funds. It’s a total embarrassment to anyone who actually pays attention. The hard left should be in an uproar over that, but they are too busy gloating over the defeat of Trump to rabble rouse.
Wait, you guys actually read the articles? I think it’s a lot more fun to just be independently pithy.
I definitely have to reevaluate any negative opinion that I’ve possibly formed against humblegunner’s constant haranguing of the apparently never-ending clickbait bandwidth thieves glomming onto our beloved Free Republic.
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