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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. ⓘ Dogs don't have thumbs‏ @MorlockP 13 Mar 2019

      ⓘ Dogs don't have thumbs Retweeted

      This is an interesting thread. Part of what he misses, tho, is that these changes aren't all caused by outside forces. His grandfather retired at age 50 and received a pension for 30 years. Where does he think that money came from? Answer: medium taxes on his parents. https://twitter.com/FarmerIsidore/status/1105461659735334912 …

      ⓘ Dogs don't have thumbs added,

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    2. ⓘ Dogs don't have thumbs‏ @MorlockP 13 Mar 2019

      2/ ...which explains why his parents didn't do as well as his grandparents did. Then his parents retired and received good benefits. Where does he think THAT money came from? The snowball is getting bigger and bigger, and it lands on him.

      1 reply 0 retweets 14 likes
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    3. ⓘ Dogs don't have thumbs‏ @MorlockP 13 Mar 2019

      3/ His point is: he got a raw deal, and he compares his grandparents' deal as the gold standard of what "should" be possible. I 50% agree with him. He got a raw deal...but it wasn't just globalism / the Jews / capitalism / whatever. ... IT WAS HIS GRANDPARENTS!

      1 reply 1 retweet 15 likes
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    4. ⓘ Dogs don't have thumbs‏ @MorlockP 13 Mar 2019

      4/ The deal that they got was not the baseline ; the deal that they got was partially theft-based ! His grandparents ate part of the seedcorn. ...so his parents (a) thought that level of consumption was reasonable, (b) had to pay back what had been stolen from them, and >>>

      2 replies 1 retweet 19 likes
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    5. ⓘ Dogs don't have thumbs‏ @MorlockP 13 Mar 2019

      5/ so not only passed on the debt created by the grandparents to him, but added their own debt to the pile! (speaking of the whole generation, of course, not of individuals passing individual debt down).

      1 reply 0 retweets 13 likes
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    6. ⓘ Dogs don't have thumbs‏ @MorlockP 13 Mar 2019

      6/ Like all Ponzi schemes, it keeps getting bigger, until, suddenly, it stops all at once. ...and we're likely going to be the generation that's stuck with garages full of sham vitamins no one wants, and huge invoices we still have to pay. ...metaphorically speaking.

      2 replies 4 retweets 33 likes
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    7. Grug NO TRAMPLE 🐎ONLY DARKMAGA 🇺🇲5'11'' 71IQ‏ @DShaw873 13 Mar 2019
      Replying to @MorlockP

      In light of that and the fact that we will not fix it before, why is UBI anathema? Pic relatedpic.twitter.com/JgZETSvbfm

      1 reply 1 retweet 1 like
    8. Camping Roomba‏ @ctdonath 14 Mar 2019
      Replying to @DShaw873 @ngvrnd @MorlockP

      Because taking at gunpoint what's not yours from the productive, and giving it to the wantonly unproductive, is evil. The fact that you respond to me stating "if UBI is implemented, I'll go from significant taxpayer to UBI leech" with kudos is terrifying.

      2 replies 0 retweets 2 likes
    9. Camping Roomba‏ @ctdonath 14 Mar 2019
      Replying to @ctdonath @DShaw873 and

      Economies thrive by encouraging productivity. UBI upends that.

      3 replies 1 retweet 1 like
    10. Camping Roomba‏ @ctdonath 14 Mar 2019
      Replying to @ctdonath @DShaw873 and

      UBI also devalues currency. Since $UBI costs nothing to earn (by definition), it has no value. All staple costs will increase in correlation. You can't eliminate "the law of supply and demand". That's why forced redistribution, which UBI is, always fails.

      2 replies 1 retweet 0 likes
      ⓘ Dogs don't have thumbs‏ @MorlockP 14 Mar 2019
      Replying to @ctdonath @DShaw873 @ngvrnd

      This is incorrect. It doesn't matter if UBI costs nothing to earn or not; the only thing that devalues currency is creating currency. If we give away $1T of UBI, but collect $1T in taxes to pay for it, there's no inflation.

      7:51 AM - 14 Mar 2019
      1 reply 0 retweets 0 likes
        1. Camping Roomba‏ @ctdonath 14 Mar 2019
          Replying to @MorlockP @DShaw873 @ngvrnd

          Phrasing the point is awkward. I'm sure you can improve it. Rough example: Low-income rent will promptly increase by $UBI/mo because landlords know renters have the money, but the supply of apartments hasn't increased. What renters get won't improve. Value of $ flattens for poor

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