Debating Universal Basic Income with Bryan Caplan and Chris Freiman
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- เผยแพร่เมื่อ 10 ก.ย. 2024
- Would a universal basic income (UBI) be better than the status quo when it comes to reducing poverty? Economist Bryan Caplan says no, while Philosopher Chris Freiman thinks it would.
Argentina and Venezuela have shown us that social programs work and scale well over time. Let's follow their lead and pat ourselves on the back about how noble it is to do so.
Have you seen Argentina lately, it's a basket case, partly because of your precious social programs.
@@DenBernardMy apologies, but this was complete sarcasm. My intended meaning was precisely the opposite of the literal written words. I believe we're kindred spirits on this issue.
Lmao
@@carbonfibercrypto2919 lol unreal he couldnt tell that was sarcasm
@@Dan16673 no worries he's on my team
Reason for food stamps instead of cash is because in crunch people will use money for what’s due now like rent or electric and run out of money for food later in the month.
Why was there no "debate" for CCB benefits, or the Guaranteed Income Supplement for seniors? Some of them are living in houses that have doubled in value in the past 5 years, do they really need an extra $1200 on top of Old Age security and ccp. Lets have that debate. oh and what about the 10 million people 18-65 that get disability in this country of only 38 million. People living in tents get $550 from welfare, at most.....seems to be a problem here.
Its crazy not talk about UBI on the premise of AI
$13,000 a year is not nearly enough to replace benefits
Economic theory tells us that any broad increase in individual income would be capitalized into higher land prices, which translates into higher costs of both rental and ownership housing. The appropriate solution is law that eliminates the conventional property tax in favor of an annual charge on land ownership equal to the potential annual rental value of whatever land is held. In lieu of this fundamental tax reform, the best alternative is for the public subsidy of construction of permanently affordable housing units.
There are several good models to ensure housing is permanently affordable. One is for communities to take publicly-owned land (or take land by means of eminent domain) and put the land in a housing trust. The price of housing units on trust land would be based on replacement cost less depreciation. Eligibility would be limited to households with income up to some percentage of area median income. Ground rent charges would be set at some percentage of the estimated market ground rent. To prevent owners of housing units from enjoying windfall profits, resale of the housing units would be set based, again, on replacement cost less depreciation.
Really,,,lol, what about the CCB benefits of $400 to every child under 18,,,,, or the Guaranteed Income Supplement for seniors? Some of them are living in houses that have doubled in value in the past 5 years, do they really need an extra $1200 on top of Old Age security and ccp. oh and what about the 10 million people 18-65 that get disability in this country of only 38 million. People living in tents get $550 from welfare, at most. Economic theory, lol. Canada.
@@babbalonian2 The evaluation of given social policies based on outcomes has the problem of identifying multiple causes and how all of this works together. Thus, my comment about what happens when you give everyone (or a large segment of the population) a payment to supplement income. Housing costs will increase as a result of an increase in affordability. But, increases in the supply of affordable housing are negatively affected by resulting increasing land prices. So, unless tax policies are changed to tax land values (i.e., the rental value of land) the only solution to the housing problem is government subsidy.
@@nthperson Again, I think you missed it. (Housing costs will increase as a result of an increase in affordability) UBI is ONLY for those that make under 25k per year, its not "everyone". People on Dis do not qualify. Again, 10 million on gov disability in a country of only 38 mil, and every child under 18, gets $400 each per month from CCB, some of those parents are making 100k plus. We already are giving low income senors UBI, in the form of Guaranteed Income Supplement. Some of those seniors live in million dollar homes. While real people in need are in tents. We shouldnt be giving the boomers anything, we are paying for their generation blunders right now. Like they sold all the manufacturing jobs to china, then they want hand outs while living in their mansions. We once made every thing here from Dudley locks to coffee makers, a kid a job and a house within 3 years of leaving high school. They had money to pay for school, and get a better job etc etc. Interest rates effect housing, not gov spending. The above proves that.
@@babbalonian2 I must apologize. I should have indicated that I am a U.S. citizen, so I am not that familiar with Canadian social welfare programs. That said, the economics of land and property markets operate by the same dynamics in our respective countries. So, the starting point for housing affordability is the housing stock that is currently affordable to those with the household incomes up to $25,000. In the neighborhoods where these households now live, any broad increase in their income will end up in the pockets of owners of rental housing, as the owners increase rents as leases expire to whatever the market will bear.
@@nthperson Put it in perspective. Imagine if 38% of the population in the states (126,540000) is already getting disability from your government.Imagine if EVERY child under 18 is getting $400 each per month. UBI, is ONLY for those that make less than 25k. What's the % of the remaining 62 % that make less than 25k per year. Remembering, most people pay more than that in rent alone. You really think people wouldn't work any more? lol, Make more than 25k at McDonald's. Most would not qualify. Only those that REALLY need it. Your country is a mess. Every city is disgusting (Philadelphia's Kensington) Yes the world is watching. Open southern border, etc Better hope Trump wins, or you're done.
Everywhere i have read UBI would be way too expensive
Cut government. Most government programs wouldn't be relevant if we had UBI. That or we can just moderate the value to stay within the cuts we make
To what extent do I owe my fellow citizens simply because we were both born inside the same imaginary lines?
They might not care about your feelings.
Social responsibility
Humans r social creatures
I would really like if they seriously tried this somewhere so we could get a good sense of what the outcome would be. Not where I live of course but somewhere. The studies from what I have seen have not been nearly long enough to be of any real use imo. Good discussion here
the studies mean nothing until they do every adult in a country.