I think a UBI would help a lot of people
- Thread starter Luna Soleil69
- Start date
I think at least 15% of shares in all large corporations should be state owned.
Also, no Liberal or NDP is allowed to touch these funds or borrow money against it.
Also, no Liberal or NDP is allowed to touch these funds or borrow money against it.
Oh merh ghad, you just made a statement mods delete this.I think at least 15% of shares in all large corporations should be state owned.
Also, no Liberal or NDP is allowed to touch these funds or borrow money against it.
Your statement is just beyond wrong on so many levels, and unpacking why would be a total waste of time.
A permanent UBI, and not a temporary one which is what all those experiments they have done with it has been would eventually crush the economy.
What do you think will happen to the next generation of boys when they figure out they can rent a room, get an internet connection, some games, food, a bit of weed and snacks and never have to actually work.
All of them, no, duh, but enough of them. Production at least in this day and age requires labour as well as capital and organization.
Also those in the bottom half at least, and those who have some savings will see this and also drop out. When we moved to Newfoundland my father felt like a right fool seeing people abuse the system.
Any kids they have will follow their parents example, some households in the UK, all the generations have never seen a job, nothing but the dole.
It's funny, sometimes it seems that the left [yeah yeah Milton but generally it's a left thing] come up with these ideas and indicate that they have never been poor and don't actually know any poor people.
It's funny, sometimes it seems that the left [yeah yeah Milton but generally it's a left thing] come up with these ideas and indicate that they have never been poor and don't actually know any poor people.
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Conservatives reject all new ideas, as their lizard masters require...
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Conservatives reject all new ideas, as their lizard masters require...
Conservatives reject all new ideas, as their lizard masters require...
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actually conservatives just reject bad ideas whether they are new or not.
the loonie left come up with bad ideas all the time.
its really simple if you do not think things through
govt debt is at stratospheric levels & interest payments on govt debt are growing
Canada is not going to be able to sustain universal health care
UBI is just plainly a non-starter
First, we can get rid of most of the military. There is $B26.5.
Find some other accounts you can cut. The voters will not accept cuts to universal health care. On the contrary, they will demand more services.
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Conservatives reject all new ideas, as their lizard masters require...
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Liberals struggle to grasp.
-Basic economics and socioeconomics.
-Read economist or pay attention to warnings
- Why the GTA is the fastest growing city in NA
- why Trump or PP are popular. And who their vote bases are.
- That’s there more to a country or province than just just one city
-That their solutions are welfare and ubi, and ORP after killing or watching jobs disappear.
- doing more and more of the same…aka vote buying and pouring more and more money into the gta…
-more and more PS
-that many of their policies are killing the have nots
-or even things as simple as debt/gdp or supply/demand.
And maybe what they should be focusing on is growing the economy, in smart strategic ways so that debt to gdp isn’t such an issue…Creating jobs, preserving some that are left. Addressing capital bleed, and the wealth gap etc etc. and yes that’s likely going to mean business friendly policy vs hostility, as well as a ton of infrastructure
Especially in places other than the center of universe, because someone has to pay the bills. And maybe people, whether they are new to Canada, or youth from all over Ontario, Canada, in search of work and places to hang their hats, and adults to, stop flooding the center of the universe….
Or do you think so many things ( from govt debt levels, exploding R/E prices starting around 2010, record capital bleed, record growth in the wealth gap, almost zero growth if adjusted for immigration and on and on) all kind of poverty outside the gta thanks to….are all just great big coincidences……
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turn our backs on our NATO commitments ?
if anything our military is woefully under funded
All the more reason ubi is a bad idea,
the simple facts of the matter are
demographics are going to drive up health care utilization
+1 MM new commers per year will also increase utilization
health care inflation have been double cpi
govt debt (federal, Provincial & municipal) is unsustainable
universal health care in Canada is not sustainable
sad but true
look no further than this truism
Not to mention, military spending is a part of gdp. Cough cough one of the few industries in Atlantic Canada and another welfare state ( ship building and the navy). Or Trenton……but who cares…Not us.
Nor to mention the resources in the far north/artic or just simply the NW passage…
Of course, you don't think there is anything wrong with a deficit if it is being spent on the military and obscenely overpriced airplanes. Hypocrisy.
Well, sadly, in our style of government you cannot chose what you want your individual tax dollars to be used for.
not at all
the underlying assumption and reality is no govt can run deficits in perpetuity
if you want true hypocrisy it is the loonie lefts approach of spending our kids and grandkids future tax dollars now.
"I love you grandson ... here is the bill for the govt spending on what I demanded from 2015 to 2025
it is only $50,000 after interest charges, take care of that for me will, ya.... ''
more left wing day dreaming
name a style of government where you can chose what you want your individual tax dollars to be used for?
since you are so confused, I will spell it out for you
the expectation is govts responsibility manage govt spending, government debt & only run deficits in times of significant economic contraction or war.
the expectation is govts responsibility manage govt spending & government debt to prevent future generations from being burdened with paying down excessive debt
yes, the same people who call for reduced military spending will be outraged when Russia violates our sovereignty in the north
The expectation is that people pay taxes and expect services in return.
People are obviously driven by a variety of motivations but I suspect that the social media generation wouldn't be okay with UBI that provides mere subsistence. Obviously the question is where to set the amount at but that doesn't change the intent.
As I see it, one of the major issues with our welfare system (other than bureaucracy) is that it has no flexibility. Under UBI, someone who is generally okay with subsistence has the option of working to earn a few dollars when they want to. And yes, there are generations living in welfare. UBI wouldn't change that but it would make it easier for those that want to leave the cycle to begin getting work experience without disqualifying themselves from support.
We also have some semblance of it with the basic personal amount on our taxes which can be seen as a very junior version of UBI.
Living in an idealized world, I think it would be actually more efficient than what we have now as all sorts of government social service agencies could be collapsed into a single UBI agency and like with the basic personal amount, UBI payments would be taxed so that high earners end up with a zero sum game. Getting it done would be a major project, especially in overcoming the famous government bureaucracy.
On a much smaller positive note probably deserving its own thread, Biden is looking to restrict banks profit from overdraft fees.
Trudeau is right: 40% of Canadians don't pay income taxes ...
Financial Post
https://financialpost.com › personal-finance › taxes › tru
Financial Post
https://financialpost.com › personal-finance › taxes › tru
