The Democrat debates

PS: would you support a society where all people are equal in terms of wealth ?

there always will be bottom 10% no matter what.

That's not what I was saying. I'm assuming you know that though. But I do blame the bottom 10% for the position they are in. It's mostly their fault they are at the bottom. I just drove by a POS looking for a handout at s traffic light. He was literally standing ~ 20' from a help wanted sign. Wish I took a picture.

FlipFlops_and_Droptop yea...its seems that the top 10% has convinced the middle 80% that the bottom 10% are the problem....lol..

Yang is right that the bottom 78% of the idiots who can't manage money will spend it all. how much of it will go to drugs and drinking I don't know but a fair amount of it will end up back in the economy so that's not terrible thing.

Erotica, you two must be English Teachers by the length of your post please keep them to 25 words or less. I failed English and can't read more than 25 words at once. Now to my point. Democrat debates are the example of buying votes from none legal, none registered, the lowest life FREELOADERS. What are the Democrat debaters offering me and my kind????? White, Middle Class, American Men, of Europian Heritage????? NOTHING! ONLY THE BILLS TO PAY FOR THE FREELOADERS. How stupid can the Democrat debaters be thinking they will get our votes by giving FREE STUFF away and making us pay for it????? TRUMP 2020, ALL THE WAY.

Whether or not you vote the same way I do is not relevant to doing math. It may be a coincidence that you vote differently than I do, but the fact that math can't be done is the fact that math can't be done. The snarkiness was interesting out of you. Normally you are not this snarky, but you are always this transparent.

Yes, you have shown a propensity to not be able to do math and a propensity to be hypocritical.

What is the answer to the equation you posted? 12k per person, over 18, per year for 10 years. I dunno. How many people are there older than 18? Want to make 280mm? It's 3.36tn. So what? What does that have to do with anything?

I am curious . . . are you the person who looks at sales and says, "See boss, we sold $100mm. We are great," while never realizing that the cogs were $105mm. You have a tendency to leave out the other side of the equation. Whether it is revenue or expense, you leave one side out so that you can get on a soapbox and rant about it.

So if it is 3.36tn, the question is how is it paid for? Does the math workout that its doable?

Then the next question that should be asked is if the revenue side can be achieved is the UBI the best use of it?

Those are the questions at hand and why I think you fail in math.

Now do I personally think it is a good thing? I think we will have to have something like it in the future. Whether it is means tested or truly UBI, I dunno. We already have a lot of this in place as it is. Just not this amount.

Technology and AI will eat jobs. The trend of seeing harvard grads flipping burgers at McDonald's will continue to expand. Well maybe not. Wasn't it Pudzer, the guy you wanted for Labor Secretary? He wanted to fire all the employees that cooked the food at Hardee's, Carl's Jr., Green Burrito, etc. that he ran. He was working on automation for ordering and making. I told you the guy is a dick and yes, I have spent some time with him. His kid and my kid went to the same private school.

So what do you do with an uneducated group of citizens that can't get employment? A little more than one in ten workers in the US work in retail. It is the LARGEST industry there is. Think about that . . . the largest industry in the US has the least educated requirement and it's going to become automated and then what?

Where is Micky and his civil war discussion. This is where the civil war basis will begin. Desperate people with nothing to lose and everything to gain will become violent. Don't believe me? What would you say the reason for the 'black' or inner city or wrong side of tracks or whatever you want to call it areas is what it is? There is your laboratory with results. So yes, I do think that Yang is onto something. I am just not sure that UBI is the best solution.

EROTIC---->And yet, here people are arguing about 12k a year.

EROTIC---->@ PHX No, I don't think you can do math

I think we've already established anyone who doesn't vote within the ideology you do can't do math. How did we establish that, well you tell us in just about any post that requires anything more complex than 2+2. Why do you think I asked you, my Progressive better, to do the math? What was interesting? You didn't do the math or even show your work, we are just arguing about $12,000.00 a year right?

I did try but I ran out of fingers and toes, so let's try it again. After all, it's just $12,000.00 a year. The Yang Gang says every American over the age of 18 should be given that small inconsequential amount of $12,000.00 a year just for taking that first breath in the morning. So what is $12,000.00 the number of Americans over 18 years of age 10 years?

The world needs less lawyers. I'm ok with them losing jobs lol. With trucking it could be a good thing. If trucks cane be on the road 24 hours, the costs might come down a bit, no ?

For those that don't see the impact of AI on jobs, here are just two job professions that are impacted heavily by AI: Truckers and Lawyers. Yes, Lawyers. Lawyers are one of the professions that is being gone after a lot. Why? Because there is a lot of logic involved and a lot of information that can be accessed to help determine the correct path to go. It also helps that attorneys are generally very expensive. I think it was either McKinsey or BCG who did a study and found that about 25% of the attorneys will be wiped out in the first wave. Now here we have 25% of the jobs with an average salary of 25k gone. Where is FRED and his love for coal workers and the 2500 of them have been hired over the last few years. IIRC, there is something like 1 to 1.5mm attorneys in the US. So where does those 250k jobs go? Then what about all the support to get new attorneys in place? That will drop as well. So while it may directly kill 250k high paying jobs, it will kill probably another 250k in indirect jobs.

Trucking will be replaced by AI who drives. It's not an if, it is a when. IIRC there are over 3mm truckers in the US. Now it will not replace them all, as of yet, because you still need some people to take the shit off the truck and drop it off on the door. But the guys that haul 53' trailers . . . yeah . . . bye bye.

When I was running apparel companies and dealing in China, I'd meet with factories there. I'd talk to them. They were concerned about two things: Africa and robotics. They were concerned about Africa if they ever got as organized as China. Labor can be cheaper in Africa. But they were concerned the most about robotics. They realized that robotics, which can be driven by AI, will replace their labor force. China's strength is the number of people they can throw at a problem and the cost for those people. Now if you do not need the people and you can get it for the same or less cost, they have no advantage. But that impacts us as well. That knowledge would not be tied strictly to China. In fact you have seen it already in the US. It happened with Tesla. Tesla tried to go with almost no humans in making their cars. Musk was too ambitious and fucked up some things. But he did get smart and realize the errors of his way. Ever wonder why Tesla's roofs are glass? It had everything to do with humans and robots. When the roofs were metal, robots were unable to reliably get things inside the car. Musk needed humans to put the seats in, to run the wiring harnesses, etc. Now with the roof being glass, it's one of the last things to be assembled. The roof being off robots can put a LOT more in than in the past. There is capitalism . . . driving costs down by getting rid of people.

@PHX

No, I don't think you can do math. I think you can do one thing . . . "Is it good for me math." How long have you have been quiet on your national debt statement? Ohhhhh . . . since you got a tax cut that added 1tn to it annually from the person YOU voted for.

I also don't think you can read well either. I don't think you took the time to get past the headline on the UBI to read on how he wants to pay for it. It's interesting in that it would raise the cost on some things. He wants transactional revenue from tech companies to help fund it. He wants a VAT to help fund it. This could be a means to not raise the taxes on the 1% but a means to get revenue from the 1%.

So yes, I think your ability to do math on the whole thing is very clouded. I think that you think about you and your family to the point where it is fuck the rest of the people. I am somewhat similar but realize that those other people are important in my life. They impact me both directly and indirectly.

If he were elected, I'd give his UBI a 2% chance of passing. Our country has shown that our belief is fuck the poor, suck up to the ultra rich. Put in a tax code that supports that edict and we are happy. Well, there will be a time when the chickens come home to roost. You and I do not know the day, but the day will come.

@One
I have been in the computer industry since I wrote my first commercial application in 1980. From 2002 to 2005 (sort of 2008) I was in the apparel business. In 2001 I was trying to start up another company after being retired for 2 years. I needed $10mm to start it. I had Ed McMahon who was going to put $1mm into the startup. I had a very good friend worth 9 digits who was a former NYSE floor trader. He had a holding company that was doing about 90mm in revenue then. I went to him with the term sheet for some advice. He ripped it up and said to come work for him. I said no and we danced over the subject for a while. He finally made an offer along with the reality of raising my kid outside of South Florida that made me think and ultimately accept. I was hired and given a chunk of the company with the expectations that in two years I'd be running all of it. Six days after I got to Santa Barbara, he was diagnosed with lung cancer. My shit from Florida had not even arrived yet. Things were accelerated. Suddenly it was all mine to run. I took it to 150mm a year in revenue, bought some companies, started some companies, etc. June of 05 he died. He wanted the companies to last longer than he lived. I met with his widow and asked what she wanted to do. She said, "Kill them all." I asked if she wanted it abruptly shut or smooth. She said to use my best judgement. I slowly unwound things and roughly this time in 05, I fired myself as the last employee. I set up some money to show up in the mailbox for her as part of closing one of the operating companies. There was money to be paid to her in 06, 07 and 08. Her kindness was to hand me 20% of that money each year under one condition. That I maintain the relationship with the people paying and be prepared to audit them if need be. It took me about 10 hours a year to do that. For those three years, I worked the 10 hours a year doing that and collected a nice amount of money. I also spent that time raising our child and some more time going back to the computer industry. I also was hired by factors (banks) to come into distressed situations and help get them the max amount of money recovered. I did that until 09-10 timeframe. I got tired of driving to LA a lot. Since then I went back to what I know best in the computer industry. In 2014, I took a job as a CTO for a large computer company with the reason to be to help a friend who worked there. After that, I kept my company, the same one I have had since 1989. Now I am in the process of growing the company and have decided that I will probably wind up employing about 60 people over the next 2 years.

Fuck that was a long paragraph :)

So I have lots of experience in the apparel business and that's why I'd hang out with the CEO of Ross/Marshall's and Costco as well as some others. This is why I hate Macy's and Walmart. I know what they do to vendors. At least the guys at Ross/Marshall's are honest.

I prefer the computer industry though.

Yang is spot on about AI. The us needs to step up and do it fast.

EROTIC---->And yet, here people are arguing about 12k a year.

I see what you did there :) Who could argue about a measly $12,000.00 a year. Since I voted for Donald Trump I of course can't do math. No one holds a candle to you on math. So what is $12,000.00 the number of Americans over 18 years of age 10 years. Now of course according to the Yang Gang it's only for Americans. But come on excluding anyone in the country? That does not support our values, it's not who we are. In some circles it would be racist to exclude some of the best people who crossed our border illegally (those above the law) just to make a better life. So what the hell, you being the master mathematician (that's a compliment) let's do everyone over 18. What's that number?

Erotic, I thought you were in the clothing industry?

Sar here are some stats that will confuse the republicans. You know, the party of lust.

The richest 1% own nearly 40% of the wealth. They pay only 20% of the taxes. How is that progressive?

If the richest 1% earners where to be taxed 10 basis points higher, akin to what the taxes were during the 40s and 50s, it would generate over 3 trillion in revenue over the next 10 years. Think about that for a minute. That means 300bn per year. That is a little less than 1/2 of the DOD annual budget. That could be used for some fucking infrastructure repairs, not even buildouts, but repairs.

And that is just the top 1%.

And for those that care to know, to cross into that stratosphere, of course it varies per state, but the US average is 422k.

And yet, here people are arguing about 12k a year.

Personally, I am glad that Yang is still there. He is not that far off when he describes a dystopian society. I am in the computer business and have been since I was a kid. Back in the early 90s I was hired to give a speech to 500 people. The group consisted of people who bought print material, people who produced print material and people who created the content that the printers printed for the print buyers. I opened my speech by saying, "Hi. My name is . . . I am from the computer industry. We are the borg. We will take what we like in your industry and destroy the rest." Technology is that way. In capitalism you call it productivity gains. In the real world we call it firing people because we got a computer to do what the person was doing. This is happening now and it is accelerating rapidly. You are seeing tons of work done in AI. You are seeing the major players spend a fuck ton of money on it and all AI does is replace people. Ohh, let me rephrase that for the conservatives . . . All AI does is replace jobs.

In the building next to my office Google has teamed up with UCSB and is investing a metric fuck ton of money into devices to make AI even more powerful. They are working on quantum computing.

So while Yang may sound like an alarmist, he really isn't. He is a very smart guy. Perhaps that is why the conservatives are turned off by him. They don't like smart people.

Here is tought: if you give massive cuts to corporations and billionaires some of their wealth will trickle down, improve the economy and the debt will pay for itself.

if this 1000/mo went thru, the minute it all stopped, a huge % of the people would be bankrupt. most people have no idea how to manage money or live at or below their means now. cut $1000 out of their pocket a month and this country sinks fast.

FLIP---->Yeah, what was up with $1000/mo ? That's retarded

Yep, I believe that's what it was. Just for breathing Uncle Sam is going to send you a monthly check for $1,000.00. Just think how quickly that will shrink the orphan population. Think of the number of foster homes that will pop up. The question is how long will the Freedom Dividend remain at $1,000.00? I'd give it less than 3 years. Then after that the next politician.....err I mean "Government Official" will create some new index to peg the Freedom Dividend to. Soon, it will join the ranks of other Basic Human Rights that can't be taken back.

While it may sound retarded, is it really?

Is it just a shift?

If you look at our tax code there are tons of 'free' money handed to companies. Foxconn is a perfect example. BMW is an example. Mercedes is an example. IBM is an example. So our tax code and our politicians dole out money, for free. Fuck, want to go back to when the Fed window was open to banks to borrow from the fed at 0%. Isn't that just handing money to companies? So Yang wants to hand money to people. And if we are to believe that Citizens United is accurate, companies are people, well, then people are companies and should get 'free' money as well.

We also do it through subsidizing. Section 8 is free money. Farmers getting money for nothing is free money.

So again . . . is it really that retarded?

If you say yes, will you say that all those other subsidies and free money is retarded as well?

I didn't watch the debate. I know what paint looks like when it dries. I don't have to watch it dry.

Yeah, what was up with $1000/mo ? That's retarded.

#183

I don’t think anyone here was expecting you to come out and endorse any candidate. Lmao

#Transparent

183 days till summer ONEHELL