Basic Income

#52
#52
n_huffhines said:
I was talking about world poverty, not US poverty...not arbitrary, first world poverty, like actual I might starve poverty.
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I was too.

n_huffhines said:
How do I show the universe is infinite or finite? I don't think that's a logical conclusion.
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The hubble telescope. It's actually viewed the universe is expanding. One question... Where would an infinite universe expand to? Another... How could an infinite universe expand?

Are we using the same definition of "infinite"?

You apparently believe that the universe has unlimited resources to fuel an infinite growth economy. I do not. If you want to argue this, you'll need to show the universe to be infinite. Else at worst we'll be at an impasse, or at best I'll have the better argument due to the Hubble findings.

And since my post specifically mentioned world resoources, it's a bit of a red herring, no? Even if the Universe is infinite, you project us developing faster-than-light travel before earth resources give out, so we can become the Universe's form of cancer? traveling throughout the universe using up planets like we're using up this one, trying to propel infinite growth in consumerism?

n_huffhines said:
Wtf...my definition of a flat economy is a slow growing economy (or even worse) and I don't think that's how you're using the word. No need to be a smartass. I'm asking honest questions.

Can you please explain to me what you mean by flat economy?
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My bad. My definiton of ifat economy is one based on fiat currency. Are you familliar? It's a currency that is not backed by any commodity.

n_huffhines said:
You said a flat economy is based on infinite growth...as opposed to what? Non-infinite growth? How do you base an economy on infinite growth or an alternative? I really don't get what you mean.
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I said that our economy is based on infinite growth.

Our current economy is based on growth. Our global economy is basically run by the petrodollar, thus we are dependent on finding more and more oil. If oil is removed, the US economy seizes. It no longer works.

Pre-1950s econnomists didn't even work growth into models or descriptions of Capitalism. They were added to make the argument for Socially Security, which demands...? You guessed it. Infinite growth in larger populations and/or incomes to pay for the generations that paid in before.

But again... And I don't mean this as an attack... These were not my primary points, so wasn't looking to start a great debate on economic policies, physics, etc...

I was just saying that I think we are primed for a huge shift away from consumerism. I ee it in LOTS of people--primarily the younger generation. Due to my own interpretation of the world, I'm "dropping out", and I know LOTS of people doing the same thing.

And, as I stated, part of it is a "John Galt" syndrome. The more I work, the more I make, the more I spend, the more you take. OK. See what happens when I need less and produyce more--for myself and others.

What happens to the system then? ot much. Whaat happens when more and more wake up?

We may see, because you can't keep taxing the successful and forcing them to prop the failed system up for everyone else. One day, Atlas will shrug.
 
#53
#53
n_huffhines said:
I feel like an idiot, but in my defense, he didn't notice I was saying f-l-a-t either.
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I did not mean that in a smart *** way. I don't always agree with you but I do enjoy the conversations and was just pointing it out so you could carry on. I enjoy differing points of view.
 
#55
#55
A very immediate view of this idea would be to say it puts a giant bullseye on the back of the Swiss for the migrant population. Whether they use Switzerland as a stopover or permanent base, they could easily be overwhelmed by people looking for a handout. Europe is kind of like The Walking Dead right now. You don't want to be the one making noise to attract the zombie herd.
 
#57
#57
I wonder how Trump's audit is coming along.

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#60
#60
DancingOutlaw said:
A very immediate view of this idea would be to say it puts a giant bullseye on the back of the Swiss for the migrant population. Whether they use Switzerland as a stopover or permanent base, they could easily be overwhelmed by people looking for a handout. Europe is kind of like The Walking Dead right now. You don't want to be the one making noise to attract the zombie herd.
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that was a big reason they down voted it.
 
#62
#62
Trump will not release his returns. He is not required to, and even though every president for decades has released his return each year while in office, Trump will not do so.

Who he is indebted to, and what rate he pays, will remain a mystery until long after he leaves office, if ever.
 
#63
#63
lawgator1 said:
Trump will not release his returns. He is not required to, and even though every president for decades has released his return each year while in office, Trump will not do so.

Who he is indebted to, and what rate he pays, will remain a mystery until long after he leaves office, if ever.
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You either don't care about the truth or don't understand taxes. You've repeatedly been informed that his tax returns will not reveal who he's indebted to.

He did however file considerable financial disclosures and they are the place to find this information.
 
#64
#64
volinbham said:
You either don't care about the truth or don't understand taxes. You've repeatedly been informed that his tax returns will not reveal who he's indebted to.

He did however file considerable financial disclosures and they are the place to find this information.
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#65
#65
n_huffhines said:
The elderly are the wealthiest demographic in America...

I don't there is anything wrong with the world population. It's bigger than ever and poverty is better than ever
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That's because the elderly aren't in a rush to go out and upgrade (Upgrayedd...I want cross thread points) their cell phone every six months or get a 65 inch 4K TV just because America's Got Talent looks a bit better in high def.

There's something to be said about a simpler life and frugality.
 
#67
#67
Grand Vol said:
That's because the elderly aren't in a rush to go out and upgrade (Upgrayedd...I want cross thread points) their cell phone every six months or get a 65 inch 4K TV just because America's Got Talent looks a bit better in high def.

There's something to be said about a simpler life and frugality.
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It has everything to do with the fact that they've had more time to accumulate wealth, LOL.
 
#69
#69
Grand Vol said:
And how do they accumulate said wealth?
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Presumably they worked and paid into retirement for 30 some odd years.

I got news for you, the young professional who just bought a new TV he didn't need is paying into a 401k, too.

If you want the savings rate to improve, tell the baby boomers in charge of the fed to stop artificially lowering interest rates.

People respond to incentives. Young people are no different.
 
#71
#71
lawgator1 said:
Trump will not release his returns. He is not required to, and even though every president for decades has released his return each year while in office, Trump will not do so.

Who he is indebted to, and what rate he pays, will remain a mystery until long after he leaves office, if ever.
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every president through W released their college transcripts, even though they aren't required.

ever wonder why Obama had his college records sealed?
 
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#72
#72
MG1968 said:
every president through W released their college transcripts, even though they aren't required.

ever wonder why Obama had his college records sealed?
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One could assume that there is something in them that would have been detrimental to his election prospects.
 
#74
#74
lawgator1 said:
No amount of welfare reform will cure the three things that ail us.

1) an economy evolving so quickly as based on tech that the workforce can't keep up in terms of being qualified to do it.

2) a middle class squeezed by an increasing cost of living but no income growth.

3) a government that manipulates regulation and the tax code to the point that we have unsustainable centralization of wealth and power.

The last of these could end the country.
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And your boy exacerbated the last two. Good job.
 
#75
#75
Grand Vol said:
I'd almost like to see a Constitutional Amendment with a balanced budget along with a pure flat tax. Or even broken down into tax brackets.

However...

No loopholes, no deductions, no nothing. You make X amount, you pay X percent. Period. No off shore holdings, no hiding money, no shell companies. Just a simple tax code that would fit on a post card.
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This makes sense that all can understand....too much maybe?!
 
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