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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

New York, NY
wsj.com
Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 2 Dec 2017

    Would giving you free money help the economy? A Universal Basic Income experiment is testing the theoryhttp://on.wsj.com/2BBAYza 

    4:30 PM - 2 Dec 2017
    • 127 Retweets
    • 182 Likes
    • Fury Unbounded Matt Moore Edward Sterling Debora Rabelo Vinay Anand ac JD SunBelt Times-Localist ☀️🗞️🇺🇸 CW Mis
    31 replies 127 retweets 182 likes
      1. Scott Santens‏Verified account @scottsantens 4 Dec 2017
        Replying to @WSJ

        It's not "free money" but yes.http://www.scottsantens.com/basic-income-faq …

        0 replies 4 retweets 9 likes
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      2. Joseph DeSouza‏ @Joe_DeSouza 2 Dec 2017
        Replying to @WSJ

        I’m a conservative, but I’ve been advocating for this since 90’s. Replace welfare, food stamps, free housing, free ocare with UBI. 1 govt program instead of dozens. Conceptually set min wage to $20/hr and ubi to $12/hr.

        1 reply 1 retweet 5 likes
      3. 1 more reply
      1. Craig Fisher‏ @craigfisher75 2 Dec 2017
        Replying to @WSJ

        Consider it a dividend to citizens as owners of national assets- an entirely conservative approach! Owners should get dividends and should be able to pass assets to children!

        0 replies 0 retweets 3 likes
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      1.  ⛱️ Lanie  ✝️ 🌟 🌟 🌟 🇺🇸‏ @LanieLou5 2 Dec 2017
        Replying to @WSJ

        They already tested this somewhere in the Netherlands & it failed. No one went to work anymore.

        0 replies 0 retweets 1 like
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      1. Jack Brooks‏ @MJBJD 2 Dec 2017
        Replying to @WSJ

        Govt money will cause prices to inflate faster then the money for basic income received making ever more ppl poor & requiring Govt to increase taxes to continue to pay ever more to maintain the basic income until it collapses over time eg college costs

        0 replies 0 retweets 1 like
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      1. Richard F Marlatt‏ @MarlattRichard 2 Dec 2017
        Replying to @WSJ

        Yes: The middle class should have gotten the big tax break. It always trickles up, but not down.

        0 replies 0 retweets 1 like
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      1. soitgoes‏ @freshnclean82 2 Dec 2017
        Replying to @WSJ

        No, it's tech monopolies testing how we adapt to accepting recieving an allowance from them in return for not calling them out for what they're becoming.

        0 replies 0 retweets 1 like
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      1. Ldog‏ @ldog562 2 Dec 2017
        Replying to @WSJ

        No and I'll take it if there's no strings attached 51grand.If it's coming from Zuckerberg he can definitely afford it

        0 replies 0 retweets 1 like
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      2. Thomas Mitchell‏ @c4obf 2 Dec 2017
        Replying to @WSJ

        Interesting idea, it's been talked about in America before; specifically, if the U.S. gov't gave every non-millionaire+ citizen a ONE-TIME $1M payment (approx. $314M), that would be reinvested back into the economy_homes, autos, clothing, stock; a fraction of many gov't programs.

        1 reply 0 retweets 1 like
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      1. Justin Tyler Lee‏ @JustinTylerLee 4 Dec 2017
        Replying to @WSJ

        Or would it just mean that businesses are going to raise their prices?

        0 replies 0 retweets 0 likes
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      1. Taras‏ @Shmizer1 4 Dec 2017
        Replying to @WSJ @scottsantens

        UBI should help people, not the economy. But I suppose the WSJ has a bias when it comes to this.

        0 replies 0 retweets 0 likes
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      1. Stellar‏ @Chikamoon_ 2 Dec 2017
        Replying to @WSJ

        It is time to put it into practice.

        0 replies 0 retweets 0 likes
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