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He is going to GIVE us all $1,000 a month? Nope! He doesn’t have the money. What he means is that he will TAKE from us to then RETURN that same money up to a limit of $1,000 a month. Big difference! https://twitter.com/Breaking911/status/1163280097090183169 …
Typical politician, pretending to be such a good generous person with other peoples' money.
The broader goal of his idea is to create a safety net for ALL citizens with the lowest financial overhead.
We can easily afford this if we forgo endless wars and tax breaks for the 1%. The benefits to society will be tremendous. Nick, you'll get a dividend too! #YangGang
He doesn't offer any realistic plan for the more important part, which is getting rid of the special breaks, and the already existing massive welfare and warfare spending. He's just pushing more "free" stuff like almost all the rest of his vile lot.
Fair point. I would like to see the existing welfare apparatus dismantled in return for this policy as well. Many of his original proposals were designed with efficiency and incentives in mind. Unfortunately he's dialed that back to appease the hard left.
Without a very profound and rather improbable libertarian revolution it won't happen. It will just get glommed on to the existing welfare state and followed up by demands for even more.
Perhaps. A ballooning welfare state, inflation and a govt. debt crisis are real concerns. But I worry more about a potential uprising from the working class. AFAIK there's no other policy proposal that'll help working people more.
The best way to help ‘working people’ is to get out of their way and stop taking their stuff.
True. If he really wanted to help ppl he would cut our tax rates so we KEEP our 12k/yr
Or stop "printing" money to buy government debt, which would actually help the people he is pretending to help to be able to save cash for emergencies and contingencies without penalty.
Idealism is noble but only thing dems/repubs can agree on rn is raising debt ceiling - so inflation of USD is inevitable. @AndrewYang's alt proposals like UBI at dawn of AI putting millions out of work are fresh - perhaps the wrong approach but at least different & non-mainstream
Please tell me again how taxation is theft, but get upset when some of that tax money is returned. Should they just not take it in the first place? Absolutely! However, name me a better plan laid out by ANY other politician?
The current situation is "Take from the rich and give to the poor" or "Take from everyone else to give to the rich". Why not enforce current tax laws, close loopholes, and give the proceeds back to 100% of ALL Americans?
Nick Szabo being woke is so good for the btc community
Giving $ to US citizens inflates the USD which will have the effect of taxing all USD holders, not just US citizens. It’s a kind of wealth redistribution from the world back to the US.
Didn't 43 try this? Here's the post mortem:https://www.thebalance.com/bush-economic-stimulus-package-3305782 …
decentralizing wealth
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