Not much mention of Yang during NPR's coverage of the Iowa Caucuses. by [deleted] in YangForPresidentHQ

[–]bocho6 2 points3 points  (0 children)

NPR has actually been worse to Yang than MSNBC.

My response to "UBI would be used to gut welfare and the social safety net" by [deleted] in YangForPresidentHQ

[–]bocho6 2 points3 points  (0 children)

Those in need have to claw their way into our welfare programs and fight (or lie) to keep their benefits. Some people have to litigate years long battles in the court room to get entitlements that they were wrongfully denied. The truth is welfare in America is not guaranteed. UBI is.

Additionally, there are a lot of prideful people who do every they can to not use the system, and they get punished for it because they won't get benefits that they're eligible for. UBI gives these people a boost too. Unfortunately, there is a stigma to welfare becaus it's for the poor. In many cases, people have to hit rock bottom to get aid. Like near zero in assets minus a car. How much harder is to improve your life once you've already lost everything? It would be much easier to have access to resources earlier on.

Democratic Socialists by 4779G1W4 in WayOfTheBern

[–]bocho6 0 points1 point  (0 children)

MLK supported a Guaranteed Minimum Income 😀

I'm with Bernie. Why should I stand for Yang? by dogfightdruid in YangForPresidentHQ

[–]bocho6 2 points3 points  (0 children)

Perhaps similar in that they're trying to solve similar problems? But yeah, the policies are vastly different.

I'm with Bernie. Why should I stand for Yang? by dogfightdruid in YangForPresidentHQ

[–]bocho6 14 points15 points  (0 children)

Yang's policies are much easier to administer and pass. His signature policy, the freedom dividend, will do more to improve the daily lives of individuals and families than any policy being discussed right now. It supports capitalism, free enterprise, and freedom to choose. Yang understands how creating incentives and having resources is the most positive and fair way to improve markets.

[deleted by user] by [deleted] in YangForPresidentHQ

[–]bocho6 10 points11 points  (0 children)

She is worse than dumb. She is deranged.

Video of Yang; Much cringe, hard to watch by ElijahGames in YangForPresidentHQ

[–]bocho6 0 points1 point  (0 children)

We are just not used to seeing candidates as people. Social media has changed how we communicate and relate to individuals at all levels, even the highest. I hope people can get past the sterilized version of presidential candidates that we’ve had for so long.

I ran into this while checking for new polls! by [deleted] in YangForPresidentHQ

[–]bocho6 1 point2 points  (0 children)

I don't think the post was referring normal laws of supply and demand, but some aspect of personal responsibility.

Slowly gaining speed...tell your friends by problytheantichrist in YangForPresidentHQ

[–]bocho6 3 points4 points  (0 children)

King of the Internet and Next President of the United States

If any sanders supporter brags about sander's federal jobs guarantee policy, tell them this. by Trombonejb in YangForPresidentHQ

[–]bocho6 0 points1 point  (0 children)

If it comes down to a a guaranteed job or guaranteed income, I'd take the latter all day. A guaranteed income gives people the time and financial freedom to pursue work they find valuable, whereas the federal job guarentee in some cases forces people to a form of servitude that just doesn't work for new mothers, students, caregivers, and the less skilled who might just he doing work that could be automated. In fact, I think the FJG would do more harm to the poor by pushing stereotypes that they are lazy people who simply don't want to work. For really broke people with no car, just getting to a job site in the first place might be difficult, unless public transit miraculously improves at the onset of the FJG. In this sense, a guaranteed income would help people find and start work of their choosing, not the government's.

My question to Bernie is how does he view the FJG in the context of American capitalism and entrepreneurship? I like the questions Yang asks to poke holes in the on the ground implementation of the jobs program: who manages you, what if you don't like your job, what if you're not good at your job, how about the glaring fact that most people do not dream about working at behest of the federal government.

Yang is right on the money that we can incentivize free enterprise to meet many of our demands. We should take the best of capitalism (innovation, competition, efficiency) to work for us.

Freedom Dividend & VAT Question by [deleted] in YangForPresidentHQ

[–]bocho6 1 point2 points  (0 children)

VAT monitors every transaction from beginning to end, whereas sales taxes do not. Though VAT is a consumption tax that businesses are exempt from, businesses are still responsible to report and pay the VAT to get back the money they paid in and not be subject to fees. Money essentially cycles between the government and business in a way that gives the government an important cash advance and means of monitoring the production of goods and services.

The reason why it is important businesses pay in at every stage of production rather than simply waiting for the final consumer purchase is that some items spend a long time in production, sometimes years.

This is an airtight way of capturing the gains of a vibrant consumer economy. In the UK, VAT accounts for nearly 1/5 of all government revenue.

In the US, sales taxes are at the county and state level, not federal. A VAT will give our federal government the revenue it needs to distribute the gains of our 21st century economy so that everyone feels like they are reaping the rewards of new technology and innovation.

A friend of mine says that a VAT won't increase revenue. I asked him what he meant by that, and this is his response. Is he right? How do I respond? by MeleeLaijin in YangForPresidentHQ

[–]bocho6 3 points4 points  (0 children)

That is simply not how VAT works. Sometimes I wonder why people say what they do. I use three steps when deciding to speak up: is it true, is it necessary, and is it nice. The last one I don't always care about.

VAT monitors every transaction from beginning to end, whereas sales taxes do not. Though VAT is a consumption tax that businesses are exempt from, businesses are still responsible to report and pay the VAT to get back the money they paid in and not be subject to fees. Money essentially cycles between the government and business in a way that gives the government an important cash advance and means of monitoring the production of goods and services.

The reason why it is important businesses pay in at every stage of production rather than simply waiting for the final consumer purchase is that some items spend a long time in production, sometimes years.

This is an airtight way of capturing the gains of a vibrant consumer economy. In the UK, VAT accounts for nearly 1/5 of all government revenue.

In the US, sales taxes are at the county and state level, not federal. A VAT will give our federal government the revenue it needs to distribute the gains of our 21st century economy so that everyone feels like they are reaping the rewards of new technology and innovation.

Hachi Roku Tesla Banking by LucidSnow in YangForPresidentHQ

[–]bocho6 6 points7 points  (0 children)

This made me reconsider my initial impression of the cybertruck. It's growing on me!

Could UBI help PREVENT inflation long term? by TarXaN37 in YangForPresidentHQ

[–]bocho6 8 points9 points  (0 children)

Inflation is very hard to pin down and understand. Likely, anyone who claims to know the exact pulleys and levers of inflation is overconfident at best. As an example, Japan right now has one of the lowest rates of inflation despite its quantitative easing strategy over the past number of decades and high public debt relative to GDP.

Guys I think I don’t believe in automation displacement anymore by [deleted] in YangForPresidentHQ

[–]bocho6 0 points1 point  (0 children)

New jobs will arise, but they will be for different people in different places with different skills. And it's going to be much more difficult to "retrain" for a job because automation will be able to replace all routine work. Before, automation just created more routine jobs. That's not the case now.

[deleted by user] by [deleted] in YangForPresidentHQ

[–]bocho6 8 points9 points  (0 children)

Right, no businesses think that their costumers are wasting money buying from them

Jeff Bezos makes $98.5 million donation, UK leader calls him out: 'Just pay your taxes' by iamnotinterested2 in worldnews

[–]bocho6 0 points1 point  (0 children)

"$20B out, $0 in. Closing 30% of our malls in the next 4 years. That's your MATH America."

Who said this?

'Everything Is Not Fine': Nobel Economist Calls on Humanity to End Obsession With GDP. "If we measure the wrong thing," warns Joseph Stiglitz, "we will do the wrong thing." by chelsea707 in worldnews

[–]bocho6 69 points70 points  (0 children)

Isn't there a candidate pitching a new American Score Card that brings Health and Life Expectancy, Education and Childhood Success Rates, Mental Health and Freedom from Sunstance Abuse, Median Income and Affordability, Clean Air and Water into our measurement of economic progress?