Ron, exactly what has been happening under Biden. Covid has given them the excuse to stay home and pretend they are working. Isn’t that the description of UBI? UBI was the “solution” of the up-coming AI generation in California, led by Andy Wang in the 2020 Democrat primary, to provide for the people that are going to be clobbered by the…
Ron, exactly what has been happening under Biden. Covid has given them the excuse to stay home and pretend they are working. Isn’t that the description of UBI? UBI was the “solution” of the up-coming AI generation in California, led by Andy Wang in the 2020 Democrat primary, to provide for the people that are going to be clobbered by the AI revolution. Think what the Democrats have done,
1.Brought 30-50 million more mouths to feed into the country
2. Sent our “middle class” jobs overseas and converted them to slave labor
3. Overeducated our children with bullshit majors
4. Created a worthless government bureaucracy that abhors working
5. Created the concept of UBI, where people get paid for doing nothing, just enough to survive, Maslow would love this one. They need to figure out who is going to create the meaningful money to finance this one. The Biden Covid UBI created 9% inflation. The Weimar Republic will always be the best example of what happens when you just create money with no backing.
6. Created the economic environment to accelerate AI, so after bullshitting our advanced education and bringing in millions of peons, they destroy the base of employment that the country needs.
WTF!!!!!!!!! These are all trends that Trump needs to pound into smithereens. The ideal goal would be for every SOB that is advancing these goals, to be drummed out of the country.
John - you're exactly right, excellent summary. Just a comment or two.
Yes, the PTB always game plan many years in advance. They know all the things you mention would basically idle our workforce. How to keep the natives from getting restless? That's when the problems start. So, what's the minimum amount necessary? They're trying to dial that amount in.
On inflation, you undershot - even at 9% - closer to 18% real rate. See the Chapwood Index, a true measure of inflation - a basket of 500 goods & services, measured every 6 months in the 50 largest cities. No adjustments, no substitutions, no bullshit.
Using the Rule of 72, with inflation @ 18%, prices double every 4 years. Not a linear progression - geometric - another 4 years and prices double again.
A $4.50 hamburger in 2016, was $9.00 in 2020 and near $18.00 today. There you go.
Went to Chipotle the other day. Got a bowl full of rice, pico, guacamole, about a half a cup of chicken and some cheese. Damned thing cost me $19.00.
When considering inflation as high as it is is it any wonder housing prices are astronomical compared to what they were 20 years ago? I'm in land development. Costs are so bad now that profit margins are extremely thin for developers and home builders. Unless you are DR Horton or Meritage.
You can also order a kiddie meal at a burger joint or more over here, which includes a juice-pack, small burger (but you can add adult portions of veggie/condiment stuff in it at no extra charge!) and onion rings, all for a kiddie price.
Zazzy, for you, price is no object. Dreamy and I will be happy to take you there. If you're extra good, you can even get a chocolate sundae for dessert.
Yes. a truly free market. Lugh is right as the pols do not want the uncertainty of a truly free market, nor does the stock market. So crony capitalism creeps in which does lead to socialism.
No subsidies or incentives? Without these, Musk would be a complete nobody. How much federal subsidy does the US oil industry garner every year and then STILL avoid paying taxes? In 2022, the US government subsidized the fossil fuel industry by $757 billion, according to the International Monetary Fund
"Maria" - A complete nobody? Please. I get your point. Regardless - Musk has genius-level intellect - 5 minutes in this head would short-circuit your brain. For good. Sounds like envy or jealousy of money, intellect or success, one.
Stop saying "the US government" that's why your people - the Free Shit Army - continue to believe the US government has some big pot of gold that they dip into to pay for free shit.
The US government produces nothing - actually they are a drain. The US Taxpayers subsidized the fossil fuel industry to the tune of $757 billion. Fuck that.
Let gas go to $10/gallon. Free market forces will adjust people's driving, consumption habits and lifestyles. It's simple economics, how supply and demand - in a free market - drive prices (and innovation). A second grader can figure this out.
A true free market is the answer, but it'll never happen - too much money being made by too few, from the many, via subsidies, incentives and monopolies. Economics in its purist form is simple (benign) human behavior but so is a manipulated (greed driven) market a human behavior - a free market is a fantasy. Never happen.
Yay, but some will not comprehend your logic. Truly free markets run themselves set realistic price levels to support both availability and profitability.
The true sickness in the country is the gimme attitude, that people feel they are owed $3/gallon gas. Try Europe on for size, where they pay real prices for gasoline.
And Musk, he gets nothing from the government, he almost went broke starting up Space-x and Tesla, then again with Twitter. He invests his own profits back into new businesses and puts it all on the line. His motivation is the betterment of humanity, he believes in an electrical future sans oil, like JHK, and is trying to push technology in that direction with Tesla. he believes that to continue growing, humans need to be interplanetary, hence Space-x. He believes in a truly free, unbiased media, hence “X”. He developed Open AI and quit it when it refused to limit the power of AI. He developed the software that we use today in MAPS and GPS. He developed PAYPAL. He is developing robots with AI control integral to their software.
His Biography shows how he develops and uses people. Some are marvelous like the head of Space-x, a woman BTW, and some cannot put up with his drive.
Did you see that an asteroid that is turning towards earth than was detected recently was identified. It is his Tesla roadster he sent into solar orbit.
Have you seen what Tesla is up to? RVs, Semis, Model 2s at $20000, roof shingles that are solar, Battery technology advancements, Fully electric small and tiny houses. If LA is really serious about rebuilding environmentally correct, Musk is going to double the 250 billion he controls now. THAT is America, If you are hard working, he is, and innovative and willing to take risks to change things, you make out.
One more thought, the great pariah of the AGW crowd, Trump, is being influenced heavily by Musk and his electric future. That should be interesting in the future.
Evolution has other answers. Like many things, it's about nuance and dependencies ('It depends.').
The State may rise again, but not necessarily, or not necessarily for everyone, everywhere.
Civ may collapse so badly that we may be lucky to end up with villages. Now, we've heard of the city State, but can villages be States too? Or does a State require a certain number above some threshold? I could look it up, but am too tired ATM.
Yes. Sell off all Federal and State land. Hunt all the animals to extinction. If they can't survive, that's their problem. Cut down all the trees for lumber. Replant the wilderness as a tree farm. Money! You're another Ronny Ray Gun.
"People"? Same. If they can't survive under the Market or Law of the Jungle, they go under. You are another Dos Pasos or Upton Sinclair.
I laugh. The real price of gasoline is probably 10 dollars a gallon. You pickup guys are gonna be screwed. You'll have shoot outs at gas stations to get the last drops of ancient sunshine.
Right. Just build a house in your mind and live in it. Ride to your job as panhandler in front of 7/11 on your imaginary horse. Or since your house is in your mind, just sleep in the doorway of the 7/11.
Yes, replace White Americans with immigrants at the lower levels and AI and/or Indians at the higher. Promise to take care of the now useless eaters but then get rid of them with the Vax. AI is an essential part of the equation of ending America and the White Western World. John is in favor of it. He can't hold all the moving pieces in his mind at the same time.
Milton Friedman, (an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy), proposed the idea of a negative income tax (NIT), which effectively sanctioned a basic income for all, in his book Capitalism and Freedom published in 1962.
In his 1964 State of the Union address, U.S. President Lyndon B. Johnson introduced legislation to fight the "war on poverty". Johnson believed in expanding the federal government's roles in education and health care as poverty reduction strategies. In this political climate, the idea of a guaranteed income for every American also took root. Notably, a document, signed by 1200 economists, called for a guaranteed income for every American.
Succeeding President Richard Nixon explained its purpose as "to provide both a safety net for the poor and a financial incentive for welfare recipients to work." Congress eventually approved a guaranteed minimum income for the elderly and the disabled.
Andrew Yang, American businessman, attorney, lobbyist, and politician. Founder of Venture for America, and a 2020 Democratic presidential candidate[79][80]
Tulsi Gabbard, former U.S. Representative for Hawaii's 2nd congressional district, and a 2020 Democratic presidential candidate[81]
Mark Zuckerberg, founder of Meta Platforms[82][83]
Jeff Bezos, founder of Amazon[84]
Bill Gates, founder of Microsoft[85][note 1]
Tim Cook, CEO of Apple[86]
Larry Page, co-founder of Google[87]
....oh never mind.
The ideal goal would be for every SOB that is advancing these goals, to be drummed out of the country. Yeah right!
Yeah. All you need is a source for the money generation to pay these gimmes. Are you so dumb to not realize that “money does not grow on trees?” Money needs to be earned with labor or it has no meaning. UBI on a grand scale will bring down the monetary system.
Proponents of UBI argue that basic income could increase economic growth because it would sustain people while they invest in education to get higher-skilled and well-paid jobs.[63][64]
Advocates contend that the guaranteed financial security of a UBI will increase the population's willingness to take risks,[66] which would create a culture of inventiveness and strengthen the entrepreneurial spirit.[67]
According to statements of American Enterprise Institute-affiliated Libertarian/conservative scholar Charles Murray, recalled and sanctioned in 2016 by the George Gibbs Chair in Political Economy and Senior Research Fellow at the Mercatus Center at George Mason University and nationally syndicated columnist[69][70] Veronique de Rugy, as of 2014, the annual cost of a UBI in the US would have been about $200 billion cheaper than the US system put in place at that date.[71] By 2020, it would have been nearly a trillion dollars cheaper.[72]
According to Swiss economist Thomas Straubhaar, the concept of UBI is basically financeable without any problems. He describes it as "at its core, nothing more than a fundamental tax reform" that "bundles all social policy measures into a single instrument, the basic income paid out unconditionally."[74]
Regarding the question of basic income vs jobs, there is also the aspect of so-called welfare traps. Proponents of basic income often argue that with a basic income, unattractive jobs would necessarily have to be better paid and their working conditions improved, so that people still do them without need, reducing these traps.[86]
Well, the government is lying and wants to get rid of us so, no. But if they were still good, then yes, it might be a good thing, though a lot of people wouldn't know what to do with themselves and that would be a problem. Before the Vax, I was in favor of UBI.
Hahahahahaha! Boy have you been sucked into a bunch of BS by the extremists on the Left.
Money has to be generated by some sort of human activity. I will bet you think food stamps are a human right too. You are just a little Left of Bernie Sanders, and I will tell you a secret. During the next four years, your opinion means absolutely nothing, Leftie.
You are not my friend. I swore this year I would not let you haters get away with shit and I won’t. I have noticed others on the blog are starting to not put up with your BS also. Just keep proselytizing, I will keep calling out your BS.
Ron, exactly what has been happening under Biden. Covid has given them the excuse to stay home and pretend they are working. Isn’t that the description of UBI? UBI was the “solution” of the up-coming AI generation in California, led by Andy Wang in the 2020 Democrat primary, to provide for the people that are going to be clobbered by the AI revolution. Think what the Democrats have done,
1.Brought 30-50 million more mouths to feed into the country
2. Sent our “middle class” jobs overseas and converted them to slave labor
3. Overeducated our children with bullshit majors
4. Created a worthless government bureaucracy that abhors working
5. Created the concept of UBI, where people get paid for doing nothing, just enough to survive, Maslow would love this one. They need to figure out who is going to create the meaningful money to finance this one. The Biden Covid UBI created 9% inflation. The Weimar Republic will always be the best example of what happens when you just create money with no backing.
6. Created the economic environment to accelerate AI, so after bullshitting our advanced education and bringing in millions of peons, they destroy the base of employment that the country needs.
WTF!!!!!!!!! These are all trends that Trump needs to pound into smithereens. The ideal goal would be for every SOB that is advancing these goals, to be drummed out of the country.
John - you're exactly right, excellent summary. Just a comment or two.
Yes, the PTB always game plan many years in advance. They know all the things you mention would basically idle our workforce. How to keep the natives from getting restless? That's when the problems start. So, what's the minimum amount necessary? They're trying to dial that amount in.
On inflation, you undershot - even at 9% - closer to 18% real rate. See the Chapwood Index, a true measure of inflation - a basket of 500 goods & services, measured every 6 months in the 50 largest cities. No adjustments, no substitutions, no bullshit.
https://chapwoodindex.com/
Using the Rule of 72, with inflation @ 18%, prices double every 4 years. Not a linear progression - geometric - another 4 years and prices double again.
A $4.50 hamburger in 2016, was $9.00 in 2020 and near $18.00 today. There you go.
Went to Chipotle the other day. Got a bowl full of rice, pico, guacamole, about a half a cup of chicken and some cheese. Damned thing cost me $19.00.
When considering inflation as high as it is is it any wonder housing prices are astronomical compared to what they were 20 years ago? I'm in land development. Costs are so bad now that profit margins are extremely thin for developers and home builders. Unless you are DR Horton or Meritage.
CP - you shoulda gone to the burger joint, you woulda saved a buck. :-)
You can also order a kiddie meal at a burger joint or more over here, which includes a juice-pack, small burger (but you can add adult portions of veggie/condiment stuff in it at no extra charge!) and onion rings, all for a kiddie price.
Zazzy, for you, price is no object. Dreamy and I will be happy to take you there. If you're extra good, you can even get a chocolate sundae for dessert.
Wow, you've put me in a giddy glaze that may be with me for the rest of the day.
Desire is endless but the world is limited. See the problem?
The answer is what you abhor: A steady state or control economy. Time to smell the music and face the coffee.
Nope. The answer is a free market. Fiat currency is state intervention.
Yes. a truly free market. Lugh is right as the pols do not want the uncertainty of a truly free market, nor does the stock market. So crony capitalism creeps in which does lead to socialism.
Yep, a truly free market - no subsidies, no incentives, no monopolies - all state intervention.
No subsidies or incentives? Without these, Musk would be a complete nobody. How much federal subsidy does the US oil industry garner every year and then STILL avoid paying taxes? In 2022, the US government subsidized the fossil fuel industry by $757 billion, according to the International Monetary Fund
"Maria" - A complete nobody? Please. I get your point. Regardless - Musk has genius-level intellect - 5 minutes in this head would short-circuit your brain. For good. Sounds like envy or jealousy of money, intellect or success, one.
Stop saying "the US government" that's why your people - the Free Shit Army - continue to believe the US government has some big pot of gold that they dip into to pay for free shit.
The US government produces nothing - actually they are a drain. The US Taxpayers subsidized the fossil fuel industry to the tune of $757 billion. Fuck that.
Let gas go to $10/gallon. Free market forces will adjust people's driving, consumption habits and lifestyles. It's simple economics, how supply and demand - in a free market - drive prices (and innovation). A second grader can figure this out.
A true free market is the answer, but it'll never happen - too much money being made by too few, from the many, via subsidies, incentives and monopolies. Economics in its purist form is simple (benign) human behavior but so is a manipulated (greed driven) market a human behavior - a free market is a fantasy. Never happen.
Yay, but some will not comprehend your logic. Truly free markets run themselves set realistic price levels to support both availability and profitability.
The true sickness in the country is the gimme attitude, that people feel they are owed $3/gallon gas. Try Europe on for size, where they pay real prices for gasoline.
And Musk, he gets nothing from the government, he almost went broke starting up Space-x and Tesla, then again with Twitter. He invests his own profits back into new businesses and puts it all on the line. His motivation is the betterment of humanity, he believes in an electrical future sans oil, like JHK, and is trying to push technology in that direction with Tesla. he believes that to continue growing, humans need to be interplanetary, hence Space-x. He believes in a truly free, unbiased media, hence “X”. He developed Open AI and quit it when it refused to limit the power of AI. He developed the software that we use today in MAPS and GPS. He developed PAYPAL. He is developing robots with AI control integral to their software.
His Biography shows how he develops and uses people. Some are marvelous like the head of Space-x, a woman BTW, and some cannot put up with his drive.
BTW, X, his son is great.
Did you see that an asteroid that is turning towards earth than was detected recently was identified. It is his Tesla roadster he sent into solar orbit.
Have you seen what Tesla is up to? RVs, Semis, Model 2s at $20000, roof shingles that are solar, Battery technology advancements, Fully electric small and tiny houses. If LA is really serious about rebuilding environmentally correct, Musk is going to double the 250 billion he controls now. THAT is America, If you are hard working, he is, and innovative and willing to take risks to change things, you make out.
Then there are the Haters and Gimmes.
One more thought, the great pariah of the AGW crowd, Trump, is being influenced heavily by Musk and his electric future. That should be interesting in the future.
The State will rise again. The people will beg strong men to protect them. You are blind to the cycles of life and necessity.
Evolution has other answers. Like many things, it's about nuance and dependencies ('It depends.').
The State may rise again, but not necessarily, or not necessarily for everyone, everywhere.
Civ may collapse so badly that we may be lucky to end up with villages. Now, we've heard of the city State, but can villages be States too? Or does a State require a certain number above some threshold? I could look it up, but am too tired ATM.
Yes. Sell off all Federal and State land. Hunt all the animals to extinction. If they can't survive, that's their problem. Cut down all the trees for lumber. Replant the wilderness as a tree farm. Money! You're another Ronny Ray Gun.
"People"? Same. If they can't survive under the Market or Law of the Jungle, they go under. You are another Dos Pasos or Upton Sinclair.
I laugh. The real price of gasoline is probably 10 dollars a gallon. You pickup guys are gonna be screwed. You'll have shoot outs at gas stations to get the last drops of ancient sunshine.
Ron says nothing. What could he say? He's an ideologue whose ideology is wrong.
No.
The world is only limited by man's imagination, resources have nothing to do with it.
Right. Just build a house in your mind and live in it. Ride to your job as panhandler in front of 7/11 on your imaginary horse. Or since your house is in your mind, just sleep in the doorway of the 7/11.
Right. Worked for the last 100,000 years or so.
Have you long have you lived in a cave?
Haha!
Brah-vo! Damn nearly suitable for framing!
Maslow was sound, but as a man, flawed. He struggled with hateful feelings towards his Christian students around Christmas time.
Yes, replace White Americans with immigrants at the lower levels and AI and/or Indians at the higher. Promise to take care of the now useless eaters but then get rid of them with the Vax. AI is an essential part of the equation of ending America and the White Western World. John is in favor of it. He can't hold all the moving pieces in his mind at the same time.
"The Biden Covid UBI created 9% inflation." Oh? Not the $8 trillion Trump added to the debt in just 4 years?
"UBI was the “solution” of the up-coming AI generation in California" NOT!
The excuse to stay home and pretend they are working. Isn’t that the description of UBI? NO IT ISN'T !
You need to broaden you reading my friend..
https://en.wikipedia.org/wiki/Universal_basic_income
Milton Friedman, (an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy), proposed the idea of a negative income tax (NIT), which effectively sanctioned a basic income for all, in his book Capitalism and Freedom published in 1962.
In his 1964 State of the Union address, U.S. President Lyndon B. Johnson introduced legislation to fight the "war on poverty". Johnson believed in expanding the federal government's roles in education and health care as poverty reduction strategies. In this political climate, the idea of a guaranteed income for every American also took root. Notably, a document, signed by 1200 economists, called for a guaranteed income for every American.
Succeeding President Richard Nixon explained its purpose as "to provide both a safety net for the poor and a financial incentive for welfare recipients to work." Congress eventually approved a guaranteed minimum income for the elderly and the disabled.
https://en.wikipedia.org/wiki/List_of_advocates_of_universal_basic_income
S. Robson Walton, former Walmart Chairman[57]
Andrew Yang, American businessman, attorney, lobbyist, and politician. Founder of Venture for America, and a 2020 Democratic presidential candidate[79][80]
Tulsi Gabbard, former U.S. Representative for Hawaii's 2nd congressional district, and a 2020 Democratic presidential candidate[81]
Mark Zuckerberg, founder of Meta Platforms[82][83]
Jeff Bezos, founder of Amazon[84]
Bill Gates, founder of Microsoft[85][note 1]
Tim Cook, CEO of Apple[86]
Larry Page, co-founder of Google[87]
....oh never mind.
The ideal goal would be for every SOB that is advancing these goals, to be drummed out of the country. Yeah right!
Obummer got the Novel Prize for doing what he does best, nothing. I'm not impressed.
Yeah. All you need is a source for the money generation to pay these gimmes. Are you so dumb to not realize that “money does not grow on trees?” Money needs to be earned with labor or it has no meaning. UBI on a grand scale will bring down the monetary system.
Nonsense!
Proponents of UBI argue that basic income could increase economic growth because it would sustain people while they invest in education to get higher-skilled and well-paid jobs.[63][64]
Advocates contend that the guaranteed financial security of a UBI will increase the population's willingness to take risks,[66] which would create a culture of inventiveness and strengthen the entrepreneurial spirit.[67]
According to statements of American Enterprise Institute-affiliated Libertarian/conservative scholar Charles Murray, recalled and sanctioned in 2016 by the George Gibbs Chair in Political Economy and Senior Research Fellow at the Mercatus Center at George Mason University and nationally syndicated columnist[69][70] Veronique de Rugy, as of 2014, the annual cost of a UBI in the US would have been about $200 billion cheaper than the US system put in place at that date.[71] By 2020, it would have been nearly a trillion dollars cheaper.[72]
According to Swiss economist Thomas Straubhaar, the concept of UBI is basically financeable without any problems. He describes it as "at its core, nothing more than a fundamental tax reform" that "bundles all social policy measures into a single instrument, the basic income paid out unconditionally."[74]
Regarding the question of basic income vs jobs, there is also the aspect of so-called welfare traps. Proponents of basic income often argue that with a basic income, unattractive jobs would necessarily have to be better paid and their working conditions improved, so that people still do them without need, reducing these traps.[86]
Geez, Denis - it's all pearls before swine. Not sure why you bother showing off your powerful intellect around this shaking shack...
Maria, I am not that smart, I just know how to use the resources that the wonderful internet makes available to everyone of us.
Every one of us that is not closed minded that is.
Well, the government is lying and wants to get rid of us so, no. But if they were still good, then yes, it might be a good thing, though a lot of people wouldn't know what to do with themselves and that would be a problem. Before the Vax, I was in favor of UBI.
Hahahahahaha! Boy have you been sucked into a bunch of BS by the extremists on the Left.
Money has to be generated by some sort of human activity. I will bet you think food stamps are a human right too. You are just a little Left of Bernie Sanders, and I will tell you a secret. During the next four years, your opinion means absolutely nothing, Leftie.
I suppose you think Milton Friedman was a "leftie." LOL
One thing you excel at, my friend - putting labels on people.
Better you go onto READ ONLY mode - and stop making a fool of yourself.
You are not my friend. I swore this year I would not let you haters get away with shit and I won’t. I have noticed others on the blog are starting to not put up with your BS also. Just keep proselytizing, I will keep calling out your BS.
Name me one thing I have expressed hate for in any of my posts?
Aside from your male bovine excrement and preaching.
Proselytizing? Come on man! That's your hobby!
Your hatred of those with left wing ideas is crippling you my friend!