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Economics Discuss Andrew Yang explains details of Universal Basic Income at the Political Forums; Just for those who've wondered how he came to the subject. I came across this; thought I'd share. You Tube ...

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Old 02-01-2020, 02:15 PM
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Default Andrew Yang explains details of Universal Basic Income

Just for those who've wondered how he came to the subject. I came across this; thought I'd share.

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Old 02-01-2020, 06:59 PM
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Default Re: Andrew Yang explains details of Universal Basic Income

Watched this for as long as I could and then cut it off.....


He says older truck drivers can not be retrained and all trucking companies will be automated in 5-10 years, I say bull-**** to that....

He tried to explain who would be paying for all of this and that explanation was also vague and far too simplistic with added money in the economy solving all the problems....

Sorry, paying everyone over 18 $1000 per month for nothing is a terrible plan for a better America...…



Andrew Yang needs some education on history imo….

~ John F. Kennedy's inaugural address inspired children and adults to see the importance of civic action and public service. His historic words, “Ask not what your country can do for you – ask what you can do for your country,” challenged every American to contribute in some way to the public good.
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Old 02-01-2020, 07:19 PM
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Default Re: Andrew Yang explains details of Universal Basic Income

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Originally Posted by Dave1 View Post
Watched this for as long as I could and then cut it off.....


He says older truck drivers can not be retrained and all trucking companies will be automated in 5-10 years, I say bull-**** to that....

He tried to explain who would be paying for all of this and that explanation was also vague and far too simplistic with added money in the economy solving all the problems....

Sorry, paying everyone over 18 $1000 per month for nothing is a terrible plan for a better America...…



Andrew Yang needs some education on history imo….

~ John F. Kennedy's inaugural address inspired children and adults to see the importance of civic action and public service. His historic words, “Ask not what your country can do for you – ask what you can do for your country,” challenged every American to contribute in some way to the public good.
i think he's basing that on the programs to retrain miners which failed. also, what would they retrain for actually is another big question.
but agree or not with his solutions he's done a lot of research, and all the number crunchers doing studies agree in 30 years 80% of lower-wage workers (big ones being retail and tr driving) will be SOL. and domino effect to include loss of many eateries, truck wash services, streaming tv services and other luxury items, the second car, second car insurance...
but I got no dog in the yang campaign; I'm a Bernie supporter so
what would you propose?
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Old 02-02-2020, 07:25 AM
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Default Re: Andrew Yang explains details of Universal Basic Income

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Originally Posted by saltwn View Post
i think he's basing that on the programs to retrain miners which failed. also, what would they retrain for actually is another big question.
but agree or not with his solutions he's done a lot of research, and all the number crunchers doing studies agree in 30 years 80% of lower-wage workers (big ones being retail and tr driving) will be SOL. and domino effect to include loss of many eateries, truck wash services, streaming tv services and other luxury items, the second car, second car insurance...
but I got no dog in the yang campaign; I'm a Bernie supporter so
what would you propose?
What happened to buggy makers and corset manufacturers? Longshoremen used to command premium dollars for their ability to maximize cargo hold space and balance ships. Even Barack Obama recognized the impact of ATM's on bank teller employment. The point is labor force needs are constantly changing and given the opportunity people will adapt to them.

Yang's universal income proposal smacks of a planned economy where work is optional and skills training is dictated by Federal bureaucrats. The advanced social democracies of Scandinavia have discarded it as impractical. But just because it failed in the comparative micro economy is no reason not to implement it in the number one economy in the world.
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Old 02-02-2020, 03:42 PM
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Default Re: Andrew Yang explains details of Universal Basic Income

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What happened to buggy makers and corset manufacturers? Longshoremen used to command premium dollars for their ability to maximize cargo hold space and balance ships. Even Barack Obama recognized the impact of ATM's on bank teller employment. The point is labor force needs are constantly changing and given the opportunity people will adapt to them.
I hate to play devil's advocate but I am sure none of those peoples jobs were replaced with automation. Automobiles made horse drawn buggies obsolete and people went to work at the automobile factories. Corsets are still being made.Just google corsets. Longshoremen still make good money. https://work.chron.com/average-wage-...man-20463.html

As for the ATM. Someone has to put money in the machine and someone has to install, repair and or replace the machine.Someone has to make the machines.Although automation probably takes care of the manufacture.

The difference between then and now is that more and more jobs are being automated. Those jobs aren't being replaced with something new like how the horse drawn buggy was replaced with the automobile. Eventually most jobs will be done by machines, computer programs or by someone making drastically less money in another country using skype/facechat or some other similar video conferencing application.
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Old 02-02-2020, 03:44 PM
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Default Re: Andrew Yang explains details of Universal Basic Income

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Originally Posted by saltwn View Post
i think he's basing that on the programs to retrain miners which failed. also, what would they retrain for actually is another big question.
but agree or not with his solutions he's done a lot of research, and all the number crunchers doing studies agree in 30 years 80% of lower-wage workers (big ones being retail and tr driving) will be SOL. and domino effect to include loss of many eateries, truck wash services, streaming tv services and other luxury items, the second car, second car insurance...
but I got no dog in the yang campaign; I'm a Bernie supporter so
what would you propose?
We aren't there yet.So it is too early to propose universal basic income.
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Old 02-02-2020, 09:24 PM
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Default Re: Andrew Yang explains details of Universal Basic Income

Quote:
Originally Posted by AZRWinger View Post
What happened to buggy makers and corset manufacturers? Longshoremen used to command premium dollars for their ability to maximize cargo hold space and balance ships. Even Barack Obama recognized the impact of ATM's on bank teller employment. The point is labor force needs are constantly changing and given the opportunity people will adapt to them.

Yang's universal income proposal smacks of a planned economy where work is optional and skills training is dictated by Federal bureaucrats. The advanced social democracies of Scandinavia have discarded it as impractical. But just because it failed in the comparative micro economy is no reason not to implement it in the number one economy in the world.
Im not advocating for or against it but longshoremen were affected by deregulation and union busting. buggy whip makers' families suffered as there was no safety net. depended on their age if they could get into something else or not. but we are not talking about newer more modern factory or data jobs. we are talking about zero jobs for a certain amount of the population. most people don't think about it and won't consider it will affect them until it does.
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Old 02-02-2020, 10:49 PM
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Default Re: Andrew Yang explains details of Universal Basic Income

There is a local radio guy in Houston that has been on the air for 30 years that started a school with training programs for real skills that can not be outsourced....

He is in the home building industry and he teaches all sorts of programs for plumbing, structural framing, electricians, roofers, brick layers, siding, decks, A/C units, fencing, concrete etc.....

Real good paying jobs that nobody wants to learn these days....

These guys are gold when they learn the skills necessary and can work in any city or state in the US.....

The problem is we are not training our youth for solid basic jobs anymore....
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Old 02-03-2020, 12:55 AM
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Default Re: Andrew Yang explains details of Universal Basic Income

Quote:
Originally Posted by Dave1 View Post
There is a local radio guy in Houston that has been on the air for 30 years that started a school with training programs for real skills that can not be outsourced....

He is in the home building industry and he teaches all sorts of programs for plumbing, structural framing, electricians, roofers, brick layers, siding, decks, A/C units, fencing, concrete etc.....

Real good paying jobs that nobody wants to learn these days....

These guys are gold when they learn the skills necessary and can work in any city or state in the US.....

The problem is we are not training our youth for solid basic jobs anymore....
I don't think there is much call for skilled construction labor anymore. so many of them build on the cheap. they hire visa people and pay them less.
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Trump’s Postmaster General Louis DeJoy and his wife, Aldona Wos, nominated to become our ambassador to Canada, own between $30 million and $75 million of assets in competitors to the US Postal Service. No problem there, right? ~Laurence Tribe @TribeLaw
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Old 02-03-2020, 05:59 AM
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Default Re: Andrew Yang explains details of Universal Basic Income

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I don't think there is much call for skilled construction labor anymore. so many of them build on the cheap. they hire visa people and pay them less.
Apparently the construction trade is yet another topic you know little to nothing about.
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