Umm, you shouldn't poke at other people's math when you use an example like that. If you give me $20 and ask for $15 back then you haven't given me $20. The cost for you to give me $5 was $5. The other $15 was never transferred, except in the federal bureaucracy it would disappear forever into the government overhead and fraud.
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You only prove my point. Yes, the cost in my example is $5 instead of $20, just like the cost of UBI is ~$500 billion instead of $3 trillion.
Regarding your claim that government would take all the money, that's just stupid. Government wastes all kinds of money on services that are inferior to giving cash, and so many programs and so much bureaucracy that could be eliminated with UBI.
No, you missed the point entirely. You want to make it seem that giving me $20 only cost $5, but I never got $20. The entire example was flawed and wrong. Try it with your mortgage company. Tell them to return all but $20 of your mortgage payment back to you. Then explain that they got the mortgage payment, but it only cost you $20 and so everybody comes out ahead.
Would you explain for all who are reading this exchange why you authored the piece above describing how you would go about funding UBI to a level of $3.8 trillion (copied from your article: Basic income revenue pool: $3.72 trillion) if the program will only cost ~$500 billion?
You didn't provide a preferred solution to the problem of technological unemployment. Or are you denying that it is even a problem?
Shrink government. Reduce government spending. Eliminate government programs and agencies. Open the free market to greater entrepreneurship with less regulation and intervention by government at all levels. Allow the creative genius of the people striving to create a better life for themselves and their families to pursue a million different solutions until the ones with the greatest success rate rise to the top and dominate the markets. The very last thing I would support or endorse is growing government. Allowing government to consume even more resources, dominate even more areas of human activity, control ever larger percentages of the mmarket and the economy is exactly the wrong solution. It doesn't work, it has never worked, and it is the majority of what is wrong with the world's economy today. More liberty, more freedom, more individuality, and less, much, much less government is the only hope for the future.
You didn't even address the question. What about technological unemployment?? You appear to be a bot with your inability across threads to address the posts you are responding to. It's just an never ending automated scripted reply about 'gubment evil, taxation bad, freedum good!'.
Ha ha, nice try. I did exactly address your question. Apparently you have no counter to present so instead you attempt to make it seem my response was somehow a swing and a miss.
You want to empower government, to grow it to twice its current size, at least. You want tyranny for the people, a government that controls their incomes. (You probably also want the government to run healthcare, too, and yet you claim you are not a socialist. HA!)
I want freedom, liberty, and a government that serves the people rather than controls them. If you cannot understand the nature of my response it says much more about your lack of understanding of liberty and the system of government we are supposed to enjoy than it does about my answer.
Stop trolling. My (and @scottsantens) question was about technological unemployment. You didn't say, and still haven't said, one thing about that.
Your question is about giving control of the economy to the government to address the issue of technological unemployment. I addressed that. I prefer liberty and free markets, you are a socialist who prefers command economies controlled by central planners. If any trolling is happening it is by the person trying to claim I am a bot, and then using derision to make it appear that prefering freedom and liberty is somehow a sign of diminished intellect. Tell you what, you stop trolling, I'll keep illuminating your plan for what it is. An attempt to destroy our free market economy.
God you are troll. I'm not a socialist. I've addressed this nonsense before.
And the question was specifically what YOU propose to do about technological unemployment. And you still haven't answered the question. Go and troll someone else.