The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.
Back in the day, a local New York City humor magazine decided to find the cheapest rich person in New York.
They set up a bank account and mailed a bunch of rich people a check for about $2.50. Half didn’t bother to cash it, and were eliminated.
They kept lowering the amount, until it was 13 cents. Only Donald Trump and an arms dealer cashed a check worth a dime and three pennies.
A banana still costs $10 for everyone
$1000 to someone with $100,000 is like $1,000,000 to someone with $100,000,000. To make your point you’d have to do it backwards: $1000 to someone with $100,000,000 is like $1 to someone with $100,000.
The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.
Yea, I rewrote it in a way that makes more sense.
Can we keep this kind of political rhetoric off of shower thoughts please?
Not sure when poor people being able to survive had become politics, but you do you
When it involves terms like “universal basic income” it becomes political.
I just don’t like seeing left propaganda all over Lemmy. If you want to create community fine as I believe in free speech but don’t pollute other communities with your beliefs. I’ve noticed that Lemmy has gotten a less political overall but I still have noticed bad moderators for time to time.
“left propaganda” BAHAHAHA that’s like complaining about seeing people using science in their daily lives or talking about science and calling it science propoganda
being right-wing is inherently irrational and anti-science, there is no room to complain about “left propoganda” especially when UBI isn’t even inherently leftist, UBI still exists solely to prop up a broken capitalist system making it live on the right of the political spectrum. left propaganda would be advocating for socialism or something, this is just advocating for welfare capitalism (which has been proven to be far better for the populace than other forms of capitalism in use).
this post doesn’t even state an opinion on UBI though, so it’s weird that you took it as “propoganda”, or even “political”. it’s literally just proportions. it’s really hard to take someone who’s saying “the objective truth is just political propaganda” seriously.
That would have been one of my points too, how can you claim UBI is leftist when ideally you wouldn’t need it under a working left-wing system in the first place. I’m not very knowledgeable about politics, but “this is leftist propaganda” isn’t it, chief
So, you support free speech… as long as you don’t see it. Feeling cognitive dissonance yet?
Except that’s only how it works mathematically, not in practice due to human nature. Perceived value of money would be something really interesting to study as there’s just so many variables of which wealth is one, but I’m not even sure it’s the most important when compared to upbringinging, source of money (do you work for it, even if you’re overpaid, vs winning the lottery/being a parasite like selling mineral rights or buying properties and getting a management company you’re not involved in to rent them out etc.) and others
Which is one of the reasons I actually oppose UBI. Also, in practice, it will be used to replace SSI, not enhance it. At least in the USA, a better answer is fixing and expanding the SSI and Social Security system. People making 6 figures don’t need an extra $1k a month or whatever figure people want to suggest. But giving very poor people an extra $2k, moderately poor people $1k, etc. would be a bigger help. And the idea would be if you make $2 or $3 more dollars, you lose $1 in support
Edit: it would have to taper more slowly, maybe $10 you lose $1. It’s funny to see the downvotes, I don’t often see Lemmy folks defending ideas from conservative economists like Friedman.
That’s just pointless extra bureaucracy.
Ok, the alternative is removing SSI, which is always how it’s been presented in the USA. People always get excited and never read the full language in proposals.
Here’s a great article on why it won’t work: https://www.rebelnews.ie/2021/07/05/universal-basic-income-socialist-case-against/
What is the cutoff point, where someone making more than that amount can use an extra $1k, but not someone making that amount?
It decreases with income, as I said. If we give $2,000 to everyone making under $60k, for example, then decrease it for every few bucks you make. You’d probably have to do something like a 10:1 ratio where is you make $60,010, you’d get $1999 and so on. That would mean people making $80k or more don’t get anything. And they don’t really need it anyway.
But regardless, UBI, even under Yang, is always an attempt to destroy and replace our current welfare system. Poor people would barely get any more than they currently do under SSI
Your assumption that SSI would be somehow removed or replaced is shit. Universal basic income should never be based on income, it goes against the entire point. Universal basic income would be on top of any existing benefits and wouldn’t impact any other benefits.
Except that was Yang’s plan. That’s how it works when it’s been attempted at a federal level. Not to mention that’s the only way it would pass. It’s not BS when that’s literally how it’s been proposed in US law. Some proposals even remove SNAP along with SSI.
There is no assumption being made here.
Edit: here’s an excellent explanation of why it won’t work: https://www.rebelnews.ie/2021/07/05/universal-basic-income-socialist-case-against/
