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Report: ‘Basic Income?Disincentivizes Work Rate Topic: -----

#1 User is offline   grimreefer 

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Posted 24 November 2018 - 08:22 AM

Quote

Report: ‘Basic Income?Disincentivizes Work

The Western Journal
By Bethany Blankley
November 23, 2018 at 2:16pm

excerpt:

The idea of providing what’s called a “Basic Income?for low-income individuals funded by the government is not new. But it’s a concept that has been gaining traction in the media, higher education, Congress and elsewhere.

A Basic Income, or basic living stipend, is given to citizens as a regular cash payment using taxpayer money, according to BasicIncome.org. It is unconditional, has no means test and can be implemented nationally, regionally or locally.

Karl Widerquist, associate professor at Georgetown University in Qatar, spoke at Tulane University recently about the need for Basic Income.

Widerquist, described by Atlantic Monthly as “a leader of the worldwide basic income movement,?asserts that Basic Income is essential “not only for people at the bottom but also for the average worker.?He told the Tulane audience that advocates can “remove the judgment and paternalism that pervade the world’s existing social welfare systems,?and offered options for paying for a Basic Income.

Facebook co-founder Chris Hughes also argued recently that workers in the U.S. could receive a Basic Income of $500 per month if Congress repealed President Donald Trump’s tax reform. On MSNBC’s Squawk Box, he argued that less than one-third of Americans have benefited from the 2017 Tax Cuts and Jobs Act.

“Everybody else, they’re making the same amount that they made in 1978,?Hughes said. “Meanwhile, the cost of living, including health care, housing and education has risen.?br />
Hughes, the author of “Fair Shot: Rethinking Inequality and How We Earn,?argues that providing a Basic Income to low-income individuals would “rebalance?the economy and create economic growth.

“If we invested in the American people, we would see economic growth,?he said.

U.S. Sen. Kamala Harris, D-Calif., recently introduced the Lift the Middle Class Act, which would provide monthly payments of up to $500 per month to low-income families in addition to the benefits they already receive. It would be paid for by repealing the Trump tax cuts, she said. Basic Income payments are made in cash (rather than in kind), paid to individuals (rather than to households) and obligation-free.

*SNIP*

LINK

:o The hell you say. Whodathunkit? :thud:



...and wait a minute... :scratch: "It would be paid for by repealing the Trump tax cuts".

:wtf2:

Since they've screamed that these tax cuts didn't pay for themselves shouldn't they want to repeal the cut to apply it to the debt, social security, or anything even halfway legitimate rather than just blatantly buying votes? Dems lose any credibility when talking "concern" about the national debt or deficit... not that they ever had any.
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#2 User is online   Dean Adam Smithee 

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Posted 24 November 2018 - 09:08 AM

It's a bad idea all around.

I'll probably be labelled a bigot or something for pointing out the obvious, but with RARE exception people who are low income are low income because they haven't motivated themselves to be anything more than that. Starvation is a great motivator - just ask any number of millionaires/billionaires who started with nothing (The overwhelming majority were NOT born "rich".)

Or, as someone once said, "Poor people are poor because they keep doing the things that make them poor. Rich people are rich because they keep doing the things that make them rich." That may not be true everywhere in the world, but it is most definitely true in the USA which is still the "Land of Opportunity".
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#3 User is offline   Rock N' Roll Right Winger 

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Posted 24 November 2018 - 09:16 AM

Yes it does deincentivize work, just like welfare. :redhot:
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#4 User is online   Dean Adam Smithee 

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Posted 24 November 2018 - 09:23 AM

(CAUTION: The site linked below is suspect, I suspect they're probably trying to sell something, and I distrust anyone trying to tell me a "secret"; there ain't no "secrets" or "magic" to this, folks. Still, though, it's a handy list that just about any motivational speaker or coach will tell you.)

10 Things Only Poor People Do
Motivation
SecretEntourage.com

The word “poor?can usually be linked to someone’s monetary status, but it also has significance in many other ways.

In numerous cases, financially poor individuals have poor mindsets, which is oftentimes why they stay poor. There are exceptions of course, but we are talking about the majority of people.

Over the years, my goal has been to help more individuals change their poor perspective and mindset to find financial freedom through entrepreneurship with my book Third Circle Theory.

There are a few things, however, that you can associate to poor people’s behavior and I have pointed them out to make sure you don’t fall victim to them...

1. Poor People Always See the Problem Ahead; Never the Solution...

2. Often Have a Lot of Advice, but Never Any Experience to Share...

3. Spend Money That They Don’t Have...

4. Focus on What They Can Buy, Not How Great They Can Be...

5. Are Excited About Work-Life Balance, Not Work...

6. Always Have a Story or Excuse Why They Haven’t Made It Yet...

7. Have Great Ideas but Do Nothing About Them Other than Talk About Them...

8. Surrounds themselves with stupid, so that they don’t feel bad...

9. Believe That Others Should Help Them Reach the Top...

10. Ask for Feedback, but Never Listen...
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#5 User is offline   Natural Selection 

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Posted 24 November 2018 - 09:34 AM

Leftists are still throwing every "Basic Income" narrative against the wall to see which one will stick. Unfortunately for them, we know they're just trying to buy votes with taxpayer money.
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#6 User is online   Dean Adam Smithee 

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Posted 24 November 2018 - 10:50 AM

View PostNatural Selection, on 24 November 2018 - 09:34 AM, said:

Leftists are still throwing every "Basic Income" narrative against the wall to see which one will stick. Unfortunately for them, we know they're just trying to buy votes with taxpayer money.


Which is why the USA, as originally founded, had 'qualifications' for voting which usually involved being a landowner and/or otherwise being a stakeholder. However, by 1856 in the era of "Jacksonian Democracy", every state had eliminated that requirement.

The USA was never meant by the founders to be a "Democracy" even though we've become one. Though maybe the better word is "Rabble-Ocracy".

Greek Democracy lasted 186 years. Factor that same timeline into "Jacksonian Democracy" which nominally becan with his 1828 election but didn't really get going until his 1832 re-election, and we're right on the cusp of not lasting any longer than the Greeks did.
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#7 User is offline   MTP Reggie 

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Posted 24 November 2018 - 10:59 AM

View PostDean Adam Smithee, on 24 November 2018 - 10:50 AM, said:

The USA was never meant by the founders to be a "Democracy" even though we've become one. Though maybe the better word is "Rabble-Ocracy".




I prefer the term 'Idiocracy'.
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#8 User is offline   USNJIMRET 

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Posted 24 November 2018 - 01:07 PM

Just another form of welfare.
Offered with no reduction even in existing 'benefits'.
How many times have we seen/heard people on welfare declare that they are NOT going to seek a job because they can't start one that provides them at least as much as the 'free' welfare money?
I have long thought that when someone is on welfare, and there are jobs to be had, an offset would make sense.
However much they are getting on welfare is reduced by the amount their new employment pays.
Zero sum for them, reduced payments for the taxpayer. (Assuming of course that the damned politicians don't just spend the savings on other free crap.)
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#9 User is offline   Big Dave 

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Posted 24 November 2018 - 02:11 PM

Where's Surprised Dog or Surprised Cat when you need them?
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#10 User is online   zurg 

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Posted 24 November 2018 - 02:17 PM

 Big Dave, on 24 November 2018 - 02:11 PM, said:

Where's Surprised Dog or Surprised Cat when you need them?

Collecting unemployment.
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#11 User is offline   Big Dave 

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Posted 24 November 2018 - 03:55 PM

View Postzurg, on 24 November 2018 - 02:17 PM, said:

Collecting unemployment.

:biglaugh:
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#12 User is offline   @line รับ เครดิต ฟรี2019MTP Reggie 

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Posted 24 November 2018 - 04:00 PM

View PostBig Dave, on 24 November 2018 - 02:11 PM, said:

Where's Surprised Dog or Surprised Cat when you need them?


They're just not surprised about anything anymore...
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#13 User is offline   MontyPython 

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Posted 24 November 2018 - 04:56 PM

View PostMTP Reggie, on 24 November 2018 - 04:00 PM, said:

View PostBig Dave, on 24 November 2018 - 02:11 PM, said:

Where's Surprised Dog or Surprised Cat when you need them?



They're just not surprised about anything anymore...


https://www.ladn.eu/wp-content/uploads/2016/08/6356938644488566691013182599_grumpy-cat.jpg
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#14 User is online   AntonToo 

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Posted 25 November 2018 - 01:13 AM

 Dean Adam Smithee, on 24 November 2018 - 09:08 AM, said:

It's a bad idea all around.

I'll probably be labelled a bigot or something for pointing out the obvious, but with RARE exception people who are low income are low income because they haven't motivated themselves to be anything more than that. Starvation is a great motivator - just ask any number of millionaires/billionaires who started with nothing (The overwhelming majority were NOT born "rich".)

Or, as someone once said, "Poor people are poor because they keep doing the things that make them poor. Rich people are rich because they keep doing the things that make them rich." That may not be true everywhere in the world, but it is most definitely true in the USA which is still the "Land of Opportunity".


What you just said is one of those things people tell to each other. Though that does not make it “most definitely true?today. In fact in studies on economic mobility find exactly OPPOSITE - Americans are more likely to stay where they started in life compared to other developed countries.

https://timebusinessblog.files.wordpress.com/2012/01/chart1.jpg?w=753

http://business.time...ity-in-the-u-s/
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#15 User is online   zurg 

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Posted 25 November 2018 - 11:45 AM

 AntonToo, on 25 November 2018 - 01:13 AM, said:

What you just said is one of those things people tell to each other. Though that does not make it “most definitely true?today. In fact in studies on economic mobility find exactly OPPOSITE - Americans are more likely to stay where they started in life compared to other developed countries.

https://timebusinessblog.files.wordpress.com/2012/01/chart1.jpg?w=753

http://business.time...ity-in-the-u-s/

That is such BS. You’re a fake mathematician and a fake economist.

There’s no absolute scale of economic mobility given. Everything is on each country’s own scale, and then the scales are normalized. This becomes worse than apples and oranges. For example in Finland, most everyone is squeezed into a tight bracket of income and wealth. So if you make 10k euros more a year, you move up considerably. It LOOKS like economic mobility but it isn’t.

This post has been edited by zurg: 25 November 2018 - 11:46 AM

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#16 User is offline   Noclevermoniker 

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Posted 25 November 2018 - 12:14 PM

 AntonToo, on 25 November 2018 - 01:13 AM, said:

What you just said is one of those things people tell to each other. Though that does not make it “most definitely true?today. In fact in studies on economic mobility find exactly OPPOSITE - Americans are more likely to stay where they started in life compared to other developed countries.

https://timebusinessblog.files.wordpress.com/2012/01/chart1.jpg?w=753

http://business.time...ity-in-the-u-s/

Continue to believe it, antons. This can be your excuse for never amounting to as much as a pinch of schidt.
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#17 User is offline   Natural Selection 

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Posted 25 November 2018 - 12:40 PM

View PostAntonToo, on 25 November 2018 - 01:13 AM, said:

What you just said is one of those things people tell to each other. Though that does not make it “most definitely true?today. In fact in studies on economic mobility find exactly OPPOSITE - Americans are more likely to stay where they started in life compared to other developed countries.

https://timebusinessblog.files.wordpress.com/2012/01/chart1.jpg?w=753

http://business.time...ity-in-the-u-s/


The only economic mobility that communists like yourself want to see is successful people moving DOWN the ladder of success.
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#18 User is offline   Buckwheat Jones 

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Posted 25 November 2018 - 01:48 PM

 AntonToo, on 25 November 2018 - 01:13 AM, said:

What you just said is one of those things people tell to each other. Though that does not make it “most definitely true?today. In fact in studies on economic mobility find exactly OPPOSITE - Americans are more likely to stay where they started in life compared to other developed countries.

https://timebusinessblog.files.wordpress.com/2012/01/chart1.jpg?w=753

http://business.time...ity-in-the-u-s/

Why do guys like you mover over here and then try to implement the same sh!tty enonomics that you left because of in the first place?
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#19 User is offline   RedSoloCup 

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Posted 25 November 2018 - 02:14 PM

View PostAntonToo, on 25 November 2018 - 01:13 AM, said:

What you just said is one of those things people tell to each other. Though that does not make it “most definitely true?today. In fact in studies on economic mobility find exactly OPPOSITE - Americans are more likely to stay where they started in life compared to other developed countries.

https://timebusinessblog.files.wordpress.com/2012/01/chart1.jpg?w=753

http://business.time...ity-in-the-u-s/


Darn, the vacation over already? It was so nice and peaceful...
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#20 User is offline   Natural Selection 

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Posted 25 November 2018 - 04:34 PM

Too bad all communists don't give up as easily as Anton.
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