What will majority of low income Americans do with $1000

I tell ya a private lap dance feels more like a therapeutic message..

 

That is a hard question to answer. Every topic is different, and with every topic, the relative environment will change. The homeless problem in San Francisco has to be handled different from the homeless problem in Houston and it will be vastly different from rural america. Our country is too big for 'one size fits all'.

I support socialistic approaches. I believe we should socialize much of our medial infrastructure instead of socializing the end costs. I believe we should spend more money on mental health. I believe we should have tiered socialized housing complexes along with socialized food stores. Socializing infrastructure is much more rewarding than handing out cash simply to be redeemed to the private sector. The private sector is fat enough w/out needing further injection from tax dollars.

I tend to shy away from anything that intermingles the private sector with government money. The contract/commission based model works much better than the 'first come/first serve' government pot of money that the private sector tends to abuse and capitalize.

I also have a hard time voting for any politician who promises FREE FREE FREE knowing damn good and well they will never come remotely close to passing their free agenda. Small increments is how changes are made in reality. (IE: the speed of government). Its the loud vocal extremists is how we keep ending up with shitty politicians on our tickets. Trump. Biden. Hillary. They are elected because they are moderate and boring, however they are highly ineffective leaders. Moderate and boring is the way to go. However we do not need to go straight to the bottom of the barrel to get away from the extremists.

 

Your worst nightmare...buy weapons to kill whitey.

 

It's like $3 - $4 trillion so I'm skeptical even Yang actually expects to implement it, as it would be impossible for legislators or constituents to really visualize and reconcile it against any other priorities. He's probably trying to move the needle on discussions about entitlements and defense spending, stimulus packages or maybe government bonds; at least one of those is presumably being managed incorrectly or unsustainably.

 

People in prison do not receive the dividend as it is being spent on their incarceration (and hopefully rehab).

It's a huge incentive to stay out of jail.

 

I don't see this anywhere in Yang's descriptions of the dividend:

Who would get the Freedom Dividend in Andrew Yang’s plan?
Every U.S. citizen over the age of 18 would receive $1,000 a month, regardless of income or employment status, free and clear and no jumping through hoops. Yes, this means you and everyone you know would receive a check for $1,000 a month every month starting in January 2021.​

https://www.yang2020.com/what-is-freedom-dividend-faq/

sounds like everyone means everyone

 

Thats why the democrats can not get anything done. When it comes down to the nuts and bolts of a plan, they all turn on each in a game of virtue signaling.

 

it will be wiped out by some additional income tax

 

For some ... useless stuff like spinners, or designer cloths, or new phones. For many... drugs. I imagine tennis shoes too. Poor people value shoes too much and overspend on sportswear.

 

I've seen it discussed in person and other Q&A sessions.

They've got some edge cases to work out re: ex-pats but otherwise it's pretty straight forward.

Prisoners do not receive benefits. Granted a Yang presidency would mean MASSIVE crim-justice reform so there's that on top of it.

 

I think Yang answered this directly. I can't remember the answer but I believe it was either no, or that it accumulates until release. The latter might be for people who live oversea for an extended time (so that the fund gets spent in the US)

 

That's cool but this has nothing to do with UBI or the Freedom Dividend.

 

Here

What you are looking for isn't exactly available and will never be until it's implemented on a large scale in the US.

 

I believe in the case of ex-pats they are leaning towards a residency-time-window requirement. Something that will make it highly onerous to port the dividend outside the country. Something even stricter than perhaps our income tax requirements. It's not fair to have people living abroad, not paying US taxes, and collecting the dividend.

It's also not fair to have the dividend accumulate in said scenario, have a person "touch base", and then take all that money and jet back to their new home/foreign country and spend all the cash. We have to arrange it to where it encourages people to stay home and maximize our return.

Plenty of grey area to fight about it in Congress I'm sure.

 

This is not really an argument against UBI as much as it is an argument for investing a lot of time and energy into creating mental health services and fixing our completely busted healthcare incentives.