Who Wouldn't Want Universal Basic Income? | 5 -Minute Videos

❌

Want? At this point it's becoming an absolute need. How will companies make money if no one has any money🤔

I like when this type of people talk about taxes and the federal budget. They only talk about an addition to the budget and universally taxing people. They never mention how much goes to the military, foreign aid and wars, subsidies, and the extremely inneficient health care system. Get rid of that, and I am pretty sure you get some room for UBI without increasing taxes universally.

Here’s what happens with UBI:
1. Home prices sky rocket and your rent goes up.
2. Groceries go up, hydro goes up, taxes goes up, gas goes up, the cost of everything goes up.
3. Your currency is turns into the Japanese Yen.
4. Crime goes up once people are suddenly broker than they were before they took UBI.

When the town cryer and the lantern light man and the ice man and the milk man lost there jobs well they learned new skills. Not sure how AI is taking over millwright work or construction in the next 100 years but im sure even then you can find a way to be useful. Im sure every lazy fu#$ loves this idea i wish they would send this money to young families and not drug addicts living in a tent by the river. What do you think most homeless would do with 1000$ a month? Thats enough for drugs and food. Im 37 and have never been unemployed since 16 and now work as a refrigeration mechanic and suppoert a family of 5 on 1 income 100k a year in california. The average used home is 500k in the valley and 1 million in the city. I worked extremely hard to get paid that amount and must have more responsibility at work because of my pay level. Some guys that do what i do make half that because they have not put the time and effort to learning or tge long hours it took working on equipment gaining experience. At my job at the slaughter house I have entry level jobs that pay 25$ an hour but they cant keep employees.

Hello:

Have three levels of income:

Human right:
$1,000/mo for those not working and not on drugs. These people on drugs need intervention and help before being given money. Roughly $12,000/yr per person.

Base level work income:
$15/hr baseline for all positions to start off with. Roughly $31,000/yr per person baseline.

All above basic:
regular pay based on position (programmer, physician, etc.).

Thank you to the pathways of your roads.

God Bless,

John German

It's really easy to say that UBI is bad when you personally have all of your basic needs met. But when you can't afford to pay for electricity and water, all of these arguments sound very hollow and irrelevant.

UBI only works if AGI unemployed a significant portion of the population

Had to go with poor means homeless drug addict

it cost me more for rent then 1000 pr month

PragerU, you've dropped the ball on this.

I'm neither a proponent nor critic of UBI, but your explanation of the examples leaves much to be desired.

"Duh, who wouldn't like free money?" doesn't explain anything about the impact of UBI on those on whom it was tried

Here's a crazy idea for funding UBI: institute a pollution tax on companies that pollute too much. This is a climate change solution that's been discussed in some conservative circles.

Then take that money collected from the pollution/carbon tax and distribute it to everyone equally as a UBI. I think it makes sense to distribute it equally to everyone since everyone's equally hurt by climate change, whether you're homeless or a billionaire. Of course, this way of funding the UBI won't be sustainable since the big polluters, once they're hit by the tax, will work hand and fist to reduce their emissions and will end up being charged less pollution tax in the future and if enough polluting companies do that, it's bye-bye UBI.. but at least we end up with a cleaner planet as a result so it's still a win. But I can't think of any fair and sustainable way to keep UBI indefinitely.

You just sat and and talked about why the government shouldn't give people money for nothing. Then you turned around and asked us to give you money for nothing

We are already bieng enslaved, you think having to work two jobs to get by not spending time with your family is a happy existence. While the elite get richer.

wait, wait wait - I got 2 minutes in before it was flat out lying.
Government debt isn't printing money. Quantitative easing is printing money, they are two completely different things.

Even if you oppose UBI, lying to try and push your opinions just isn't on, especially when you call yourself a 'university'

Universal basic income would cut out a lot of beurocracy surrounding determining who is and isn't applicable for state/federal aid programs.

1000 dollars to 300 million people ends up costing 3 trillion a year?

The only solution is a Resource Based Econony (Moneyless, No Barter, No exchange) a system where all people needs are tended whether you want it or not but RBE is only possible when all Earth resources are declared common heritage for all humanity and when politics end. In a society where money doesn't exist terms like stealing and corruption are erased from existence and replaced with post scarcity and abundance. We will never have money for all people on earth but we will always have more then enough resources for everybody especially with the emergent technologies that we can create more with less.

This is the dumbest take on how taxes work.

orrrr money is more made up than this piece of propaganda makes it out to be and they have a deep interest in convincing you otherwise?

THIS IS WHY there are so many homeless in my home state of Hawai’i. They have a taste of the “free life” on the street, AND they DON’T WANT to go back!!!

Anyone who would even consider this idea for more than a second, have something wrong with them.

Should’ve explained the downsides more and clearer.

The “trial” in small section of the population is the stupidest thing ever.

The part of UBI that becomes completely useless is the “U” aka Universal part of it.

If you give 1000 people $12,000 each, they love it. They’ll be able to buy a bunch of things they wanted with that.

If you give everyone in the US $1,000,000 each then that money is worth a lot less than that. Every price for every thing will go up.

First there will be mass of people quitting their jobs. And then after a while they realize that after hyper inflation, their $1,000,000 is more like $30,000 and they’ll have to go back to their jobs.

I used to think this way until I became a parent. Now I don’t understand how single parents are supposed to survive. You’re telling me all the singer mothers out there just gotta work harder when virtually no jobs offer childcare. Yeah no.

I wonder is prageru does a video on how capitalism requires an eternal underclass of servants and a large reserve pool of unemployed to be available to provide cheap labor for new businesses ?
oh, and the fact that if there weren't any crime, the unemployment rate would be three times what it is at the moment.

The question I never get an answer to from UBi advocates is "Where does the food come from if nobody wants to be a farmer?"
You can't automate 100%; you need human supervision and maintainence. And you can't rely on imports because now you're at the mercy of other nations who can manipulate the cost of your food supply, and they may not be interested in accepting your fiat currency as payment for that food.
This is an important question that needs to have a detailed answer before any UBI is considered.

Finland had a 2-year study, they didn’t “give up”. Also, for Stockton CA’s test they didn’t just “like free money” but they saw numerous benefits including employment rates

i'm starting to like the depopulation idea like welfare people and hopeless drug addicts and throw in politicians in there to.

So effectively you're paying the government to exist so they can pay you back. Seems pointless compared to just lowering taxes.

But in the case of labor disruption from AI, an appropriate tax on that technology could be useful while simultaneously lowering taxes for citizens.

It will not work and I don’t want it.

PwC Analysis: In a 2017 report, PwC estimated that AI and related technologies could displace around 38% of US jobs by the early 2030s but also create new jobs, resulting in a net loss of approximately 20% of current jobs. There are 157 million jobs in the US. That's 31,400,000 lost jobs.

The above statement was generated by ChatGPT. Prepare for the culling of the American middle class.

We face a severe inevitability. The AI revolution is upon us at this moment. Already countless jobs have been lost to AI in the customer support industry. When did you last call a company for help and get a computer (which you couldn't shake) instead? AI will quickly advance to the point that 𝑡𝑒𝑛𝑠 𝑜𝑓 𝑚𝑖𝑙𝑙𝑖𝑜𝑛𝑠 will lose their jobs effectively 𝙬𝙞𝙥𝙞𝙣𝙜 𝙤𝙪𝙩 𝙩𝙝𝙚 𝘼𝙢𝙚𝙧𝙞𝙘𝙖𝙣 𝙢𝙞𝙙𝙙𝙡𝙚 𝙘𝙡𝙖𝙨𝙨. Drivers of all kinds, factory workers, office workers, brick-and-mortar retail shops, and even teachers of all kinds. Few remember what the ATMs did to the banking industry. What do you think will be the reaction of these tens of millions when they lose everything they own?

UBI-Universal Basic Income: It's 3 lies in 1 phrase.

#1 INCOME: Income is what you earn, and welfare is what the government gives you. So it's not INCOME, it's WELFARE. UBW - "Universal Basic Welfare"

#2. BASIC? Since when has any person or organization receiving money from the government wanted just the Basic amount? No, they are always demanding more and more. It's never enough. It's not BASIC, but it's EVERY INCREASING. UEIW - "Universal Ever Increasing Welfare"
#3. UNIVERSAL: for anyone, even millionaires and billionaires eligible? So people can take it even if they don't need it. How long until governments realize they can't afford it for everyone? So it's not Universal.

NUEIWEFPWDNI - "Not Universal, Ever Increasing Welfare, Even For People Who Don't Need It"

Sounds like a great idea, with the best of intentions. What could possibly go wrong?

This video, “What about the dignity of being a wage slave and getting written up when your bus ran 5 minutes late?” I also love how he talked about how expensive food, housing, and health care are. How ‘bout you tap into unprecedented profits in some of those sectors to pay for it?

YANG GANG

This completely ignores taxing the income of the ultra rich a reasonable amount as a method for acquiring the funds lol

Oh yes... only rich should get free income... right.

As someone who never took ubi seriously, this was a horrible take.

If we lower politicians pay it woukd pay for some of it. We coukd stop sending money to other countries and put it back ibto America.....or we couod have lower prices on food, gas ,utilities, ect. Like it was 5 yers ago

Right now it might not be realistic, but just wait another 10 years for the AI revolution, and this video will have aged like milk.

Your math is wrong. To implement the UBI get rid of healthcare, welfare, SSI, SSD, government retirements, section 8, and all other government programs, their workers and the salaries that go along with them. Now do the math. You know what you wind up with a surplus of funds. A UBI is not only possible it saves money over doing it the way we currently are. It also creates money into the market without issuing it through loans from the banks where they get to use all of the money first and foist the inflation on the people. In the end you save money and create a better economic system by distributing American's wealth to Americans rather than the international bankers.

$1000 a month would be enough to cover renting a room and food. It wouldn't cover much of anything else. Getting a job and finding fulfillment as you say would be a necessity if you wanted anything more. If there were not a 100 different programs to rely on then those that game the system would not have any other option.

Furthermore issuing the money equally to everyone regardless of how much or how little you make would make the system fair. It would not be redistribution if everyone was distributed to equally. There would be no greater payment for some than others, and it would be built into the system. Then there is no one taking advantage of anyone else.

To take this a step further the tax system as a whole would need to be changed to implement the Fair Tax where now purchases are taxed at the register rather than income from working. This should only be the case on new goods not used goods! Anything you tax you disincentivize. That means people would be able to keep all of their money they earn, and would only lose it to taxes on buying new goods and services. This would mean far less waste in the landfills, getting rid of a portion of the throw away culture we have built and far more people in the work force creating new goods and services.

Fixing what is broken is not difficult. The issue is that it is broken on purpose. The wealthiest people use the system as it is and are able to lobby and control the politician to get the laws and rules passed that give them the best advantages. Then they are able to use the loop holes advantageously while everyone else gets picked apart by the vultures.

A UBI along with the Fair Tax would get rid the bloating in government and the plethora of loop holes. Also filing for taxes unless you run a business selling new goods or services of which you voluntarily choose to do.

Here in Brazil, left-wing governments have been using this model (called "Bolsa Familia") for over 24 years and we haven't managed to get out of poverty.

Ppl stay home and do lay around cause they're in a depressive state due to how things are like not being able to pay for food because there's no universal basic income. And others stay home because it is too expensive to do anything and unsafe because of All of you unhoused people who are addicts because of the current system. Why do you think people become addicted. This whole thing is stupid Prager U is rightwing propaganda

America is NOT the wealthiest country; because our GDP to DEBT ration is above 100%. DO NOT BELIEVE Liars like this. Question: At what point when you are over 30 TRILLION dollars in debt, do you admit that you are BANKRUPT? Is it 35 Trillion? 40 Trillion?... Remember: It is the Scarcity of Money that makes it Valuable! Giving everyone money will cause Inflation and Wreck the Economy. Not to mention that a 60 Year "War On Poverty" has Failed to reduce Poverty. In fact Today we have more Poverty.

How about instead of giving people a thousand dollars a month, we close loopholes and tax the wealthy for their income, institute an inheritance tax on old money and assets over 1million, stop printing new money and force loans to be given with cash on hand, and slash Medicare and social security to being phased out and no one over 35 can claim it. Thoughts?
UBI is only necessary if we’re going to plan on permanently eliminating social mobility and all wheel around the city with my grocery cart full of crap

There are 331 million Americans. It would cost 331 billion to give each American $1000. Lol don’t tell me processing costs 2.7 trillion

How about letting me have my full pension and social security with no off-sets because I earned them both? How about stopping government waste fraud and abuse; sending billions of tax dollars to Ukraine and the like? How about stopping the purposeful dissipation of American wealth?