|
|
|
|
|
by spyckie2
2226 days ago
|
|
judt pointing out - there's a lot of other threads you can talk about your own inspiration and topic of choice. My specific post was about the difficulty of understanding 2nd and 3rd order effects of a UBI at scale because no one studies it enough. I think you can do well to stick to topic if you are going to respond. still havent heard from you a clear a counter argument why making policy on UBI is easy or why you shouldnt look into 2nd or 3rd order effects. i have nowhere claimed that giving money to people is harmful. in fact I love andrew yang's work on UBI and am a huge fan. He's done incredible work on the narrative on why we need it. just no one has done the work on actually creating a policy that has a sound investment thesis because its hard work. andrew yangs proposal on how we will pay for it "data is the new oil" is paper thin, especially if you dig into how Alaska pays for it. he even uses Alaska as an examole of it being affordable - again, excellent narrative, very poor policy. you claim it isnt hard to answer these questions, and then waive off that we dont need to care about businesses, how the policy is implemented, or any second or third order effects of a massive 15% shift of economic value, and then fundamentally misrepresent my point that i am anti UBI. you probably would grow some if you spend more time listening to other people and engaging in their arguments, not dismissing their points and putting forth your own idealogical narrative. feel free to call me out on your own threads if i do the same to you |
|
I've tried to help you see how UBI proponents have not only anticipated your line of reasoning, but have long finished figuring out things like impact on business. Quoting from the summary of the Roosevelt Institute's study:
> When paying for the policy by increasing taxes on households, the Levy model forecasts no effect on the economy. In effect, it gives to households with one hand what it is takes away with the other.
> However, when the model is adapted to include distributional effects, the economy grows, even in the tax-financed scenarios. This occurs because the distributional model incorporates the idea that an extra dollar in the hands of lower income households leads to higher spending. In other words, the households that pay more in taxes than they receive in cash assistance have a low propensity to consume, and those that receive more in assistance than they pay in taxes have a high propensity to consume.
As long as you are predisposed to look down on so many people for supposed moral failings, and look at people as "couch potatoes", you are going to have a blind spot where you don't recognize how essential cheap labor is to our way of life.