Andrew Yang gang bang on a train in Spain?

Lloyd BIankfein's picture
Rank: Human | 10,441

Andrew Yang wants to start UBI in the US and give every one over the age of eighteen $1000 per month. Personally, I think this is probably better than our current welfare system, but not a sustainable or realistic replacement. What happens when someone spends their $1000 on CRYSTAL METH and can't afford food or housing or healthcare? Is UBI a good idea? Bad idea? Would you let Andrew Yang bang you on a train in Spain in the rain while listening to John Coltrain?

Comments (18)

Sep 17, 2019

Let's just say I'll be getting into the meth industry

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Sep 21, 2019
BillMurray:

Let's just say I'll be getting into the meth industry

And i will start a very large methadone business, moonlighting as a "rehab center".

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Sep 22, 2019

That's the move, methadone is one of the cheapest drugs. The half life also makes it nearly impossible to quit

Most Helpful
Sep 17, 2019

He's on the right track but missed the mark. A better idea is to offer compensation to those already on welfare if they sterilize themselves. This would be a much more effective plan to reign in future welfare spending.

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  • Analyst 1 in CorpDev
Sep 22, 2019

I like this measure and think it would be beneficial to some degree if it could happen, but the human rights groups would be all over this and find a way to spin it as a sort of genocide. Incentivizing the uneducated and unfit to parent to stop procreating is the only way to effectively shrink the welfare gap. People constantly try to argue "what if you're preventing the next Einstein from being born", but lets be real here. That's MAYBE 1 in 1,000 kids who will come from these environments and become notably successful by comparison to the other 999 that just continue the negative cycle. We've proven that nurture > nature when it comes to raising a child to become successful, and by continuing to support people at the bottom rungs of society we're just perpetuating children being born into home environments that cannot nurture them into being successful. You have to address the problem at its root, and at its root there's a shit ton of people who should never have kids having kids. I'd gladly pay a bit more in taxes if I knew it was going towards investing in a future with less children being born into poverty.

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Sep 21, 2019

Hmmm.... Yang sounds Chinese. I know Chinese are from China. China is a communist country. By the transitive property, Yang bust be a commie.

Jokes aside. UBI is never a good idea IMO. There is simply no way that any governmental body can make sure that people spend that money smartly and not on drugs and alcohol. Also, who's gonna be paying for that? The taxpayers.

Lots of rich people are already evading lots of taxes. But the regular folks can't really "legally" evade taxes. So it just really hurts the middle class.

Finance Data Science

Sep 22, 2019

You probably weren't serious but yang could be Korean or Taiwanese, both democratic countries though you could argue they are somewhat socialist with their established social welfare system. His parents are from Taiwan according to Wikipedia so he's taiwanese american.

Sep 22, 2019

better dead than red

Array

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Sep 23, 2019

The point is that governments aren't any better at making spending decisions....

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Sep 23, 2019

Yeah that's why I want to pay much lower taxes

Finance Data Science

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  • Analyst 1 in PE - Other
Oct 13, 2019

your thoughts seem to contradict with what Yang says on how tech corp is paying for it, sure it is passed onto the consumer in the end, but seems like only luxury is taxed, hitting the upper/elite classes.

Oct 14, 2019

Yeah but how is he going to make that happen? Everyone who says he'll make corporations to pay more taxes end up not doing that for many reasons
1) Lobbyists everywhere
2) Pressure from benefactors
3) Compromises made with other group

He would probably end up targeting the upper middle class, who make enough but don't actually have enough clout to exert political pressure.

I say Milton Friedman all the wa

Finance Data Science

Sep 22, 2019

.

Sep 22, 2019

What's the unemployment rate today? 3.7%? UBI is a solution in search of a problem. It's predicated on the idea that Americans are about to be (or have already been) made redundant by technology. This is simply not the case. Not yet. And not for the foreseeable future.

One thing that annoys me to no end about proponents of Yang's UBI plan is how they conflate it with a negative income tax, which is an actually really good idea that could potentially replace the welfare system. The negative income tax incentivizes work and economic growth (hiring, job training, etc.). UBI, OTOH, is essentially a Keynesian scheme that is predicated upon the idea that $1,000/month will, in large, part be repaid through economic growth, which is simply not true.

With all that said, I signed a petition yesterday for Wang to make it onto Virginia's primary ballot. I still think he's a good and decent guy. I just disagree with him on everything.

Sep 23, 2019

just here for the comments. let's argue about the policies of a guy who has as much chance becoming POTUS as the Dolphins have of winning 10 games

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Sep 23, 2019

:/ at this point i would rather have dan marino starting than josh rosen

Sep 23, 2019

The title is more misleading than an "amatuer" video on pornhub :/

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Oct 11, 2019
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