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Keyword: badeconomics

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  • Top AI figures urge governments to enforce universal income

    05/22/2024 10:42:35 AM PDT · by xoxox · 22 replies
    Frontline News (AFLD) ^ | May 22, 2024 | 04:17 AM | Yudi Sherman
    Artificial intelligence scientist Geoffrey Hinton, known as the “Godfather of AI,” is urging the British government to enforce a universal basic income (UBI) to cope with the impact of AI technology. Universal basic income is a social welfare system in which the government provides every citizen with a standard minimum income. These payments are unconditional and transferred to citizens on a regular basis without any pre-qualification. The concept is in keeping with the Marxist ideal of wealth redistribution and has been proposed by socialist figures such as Sen. Bernie Sanders (I-VT). Hinton told BBC Newsnight that a universal basic income...
  • Getting Schooled in Law Loans (The ABA is now persuading College Students NOT to go to law school)

    01/04/2011 10:10:03 AM PST · by SeekAndFind · 25 replies
    CNBC ^ | 01/03/2011 | Stephanie Landsman
    The American Bar Association has officially issued a warning on its website. The ABA is now making the case to persuade college students not to go to law school. According to the association, over the past 25 years law school tuition has consistently risen two times faster than inflation. The average private law student borrows about $92,500 for law school, while law students who attend public schools take out loans for $71,400. These numbers do not include any debt law students may still have from their time as undergraduates. Before the recession, the ABA cites statistics that show an average...
  • Romney Reboots (National Review Pimp Fest)

    10/14/2009 9:19:55 AM PDT · by greyfoxx39 · 55 replies · 1,623+ views
    National Review ^ | October 19, 2009 | RAMESH PONNURU
    In the early stages of the undeclared race for the Republican presidential nomination, Mitt Romney is the frontrunner. The former governor of Massachusetts has the best-developed national network of supporters of any of the potential candidates. He is the one doing the most party-building across the country; of his potential rivals, only Minnesota governor Tim Pawlenty comes close. He is the one to whom other Republicans are most likely to turn for answers on economic policy, and on many issues he is the only one giving them. When the auto companies came to Washington only Romney had a plan (“Detroit...
  • Clinton On '60 Minutes': Tax Cut Is Bad Economics

    03/09/2003 7:55:14 PM PST · by Nachum · 52 replies · 317+ views
    katv.com ^ | March 9, 2003 | AP
    New York (AP) - Former President Clinton, in his first televised mini- debate with Republican Bob Dole on Sunday, said that a tax cut at a time that war is looming in Iraq is "bad economics." Dole, Clinton's opponent in the 1996 presidential election, said the Bush administration has launched a global war to protect the American way of life, "which means, among other things, the freedom to save or invest our own money." The retired politicians have agreed to revive the "Point-Counterpoint" segment on "60 Minutes," television's most popular newsmagazine. In the two-minute debate, the two will face off...