This is what Berniefags actually believe.
>>71942087
Basic income --- to subsidize a health care plan --- which is to say, here's $500 you'll have to report as income but you won't actually get a dime of it because it's going to some corporation that's going to charge you for their services in such a way they claim ownership of your body and make you pay rent to reside within it.
>>71942087
but remember, democratic socialism is TOTALLY DIFFERENT from communism
pic only sorta related, but needs to spread more
>>71942087
And we would get a gorillion more illegals as soon as such a thing was implemented and the bleeding hearts would gladly accept them.
>>71942087
did that go over your head?
>only $100 billion dollars
So money only goes into the economy if we give it to poor people to spend?
Basic income has been considered a lot in the past. The problem is, everyone's getting it, and it's not enough to cover welfare.
So you have 300 million times $6000, you're already at $1.8tn, just for the basic income. That's not even including healthcare yet. And, again: That's also not even enough to cover people who need welfare. Rent prices are too high to live off $600/mo.
It would probably be doable, but it's not a sensible long-term idea. You'd get a nice push of inflation, to compensate for the overall jumping wage level, and the poor would get relatively poorer.
>>71942087
>we'll still need people pumping money through the economy
>>71944478
A nice push of inflation? Dude, we'd go full fucking Wiemar.
>>71944732
Doubt it - if government can contain its retardation elsewhere, overall spending and hence the ratio of goods per dollar would remain relatively stable. It's just demand that would increase, raising prices to match it.
Hyperinflation only occurs if the money/goods ratio changes significantly.
>>71944917
We'd have to print (digitally or physically) the bulk of that $1.8tn, and we'd have to continue to do so year after year. Once that shit made it into the fractional reserve banking system, it would get multiplied many times over. A lot of it would get spent on stupid shit too. You can't expect restraint and rationality from our land whales when it comes to things like paying debt down.
>>71945194
>We'd have to print (digitally or physically) the bulk of that $1.8tn, and we'd have to continue to do so year after year.
The idea is that you're already doing it, in the form of welfare, medicaid, tax breaks for children, and so on. So, a lot of that money would already be paid. You can also cut spending elsewhere, or raise taxes somewhere.
>A lot of it would get spent on stupid shit too. You can't expect restraint and rationality from our land whales when it comes to things like paying debt down.
This kind of spending would have to happen in the middle class, the upper class doesn't really notice the income bump and the poor stay just as poor, or would actually get less money than they get now, depending on circumstances.
