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CK_John

(10,005 posts)
Thu Oct 26, 2017, 08:51 AM Oct 2017

IMO, If we don't start a discussion of UBI, it will be defined for us.

Right now UBI is a process and it is different idea in Europe and South America.

My personal idea is reduce SocSec to 40yrs of age and payout at least the minimum wage, plus 10% and enrolled in medicare.

Also we need community location to lend out tools and to learn hobbies. We will need to keep people from killing each other and give people a reason to get up in the morning.



16 replies = new reply since forum marked as read
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Glorfindel

(9,729 posts)
3. The term is new to me. Google result:
Thu Oct 26, 2017, 09:03 AM
Oct 2017

"Universal Basic Income In U.S. Could Lead to Economic Growth
fortune.com › Leadership › The 21st Century Corporation
Sep 3, 2017 - Universal Basic Income Could Grow the U.S. Economy by an Extra 12.5% ... A universal basic income, or UBI, is a once-fringe policy proposal that has gained increasing public support in the U.S., including from many tech business leaders including Elon Musk and Mark Zuckerberg."

Sounds worth talking about to me!

still_one

(92,190 posts)
5. I think the OP is referring to a Guaranteed Universal Income. I disagree with the OP using Social
Thu Oct 26, 2017, 09:07 AM
Oct 2017

Security as mechanism to fund this.

Social Security should NOT be intermingled with this.

If they are going to do this, which I doubt will happen in this environment, setup a separate fund and taxation for it, not co-mingle it with social security, which already has its own challenges, and doesn't need to be complicated by this

PJMcK

(22,035 posts)
2. What are you writing about?
Thu Oct 26, 2017, 09:02 AM
Oct 2017

I did a Google search for "UBI" and got these results:

United Bank of Iowa
Union Bank of India
United Bicycle Institute
Ubisoft (game publisher)
UBI Interactive
University of Beira Interior
United Barcode Industries

Thanks for clarifying your point!
(wink)

 

Wwcd

(6,288 posts)
9. Thank you. This one was never intended to be part of anything else.
Thu Oct 26, 2017, 09:58 AM
Oct 2017

Keep it seperate because once it becomes merged with another it is gone forever.
UBI policy has no business putting its hands anywhere near SS.
UBI is in its embryo stage. SS is a old soul that should be modelled after, not gathered up & stuffed in another's pocket to disperse.



CK_John

(10,005 posts)
11. This is for those who are out of work due to lack of an education decree, or the
Thu Oct 26, 2017, 11:06 AM
Oct 2017

ability to write code. The average middle class.

SocSec all ready handles this and is already step up to handle it.

still_one

(92,190 posts)
15. As far as I am concerned if this ever came up, I do not want the social security fund to
Thu Oct 26, 2017, 03:49 PM
Oct 2017

to be used for this purpose, and would oppose it if that was the requirement

They can setup a separate entity for this, and separate taxation funding. That is rocket science, and it provides for it not being used for other purposes



HughBeaumont

(24,461 posts)
10. More like the solution will be "to put the useless eater spares on ice floes to die".
Thu Oct 26, 2017, 10:17 AM
Oct 2017

I'm envisioning "hellscape" before this country cures it's Pure Capitalism problem.

If America doesn't start widening it's safety net and get rid of the "shareholder first" mentality, it's going to be a biblical nightmare of a country to live in.

 

snooper2

(30,151 posts)
12. you with this never gonna happen stupid idea again LOL
Thu Oct 26, 2017, 11:22 AM
Oct 2017

Are you going to start threads weekly now? I guess it could be considered a hobby LOL

CK_John

(10,005 posts)
16. Just out of curiosity why do you think it is stupid idea, the middle class
Thu Oct 26, 2017, 05:59 PM
Oct 2017

knows they have no future, something has to be done.

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