Total ignorance of the changed paradigm artificial intelligence is going to force in the next decade. Sam Altman who is leading OpenAI, Elon and Google all are rapidly developing free thinking machines exponentially more intelligent than humans. How I typed the previous sentence for example,I can just put the first letter of the next word and I’m getting correct suggestions. In prior sentence following the word more, I typed “i” “t” and “h” for the last three words and got autocorrect suggestions immediately. UBI will be the only way for maybe 75,90% eventually 100% of the population to survive, if it does, following the great Artificial Intelligence, takeover of pretty much everything. The pace is advancing so rapidly and profit has become a motive way above safety. If we do survive into the next 10 years, without some dystopian event, how people live without jobs.? Sam Altman that by 2035 artificial intelligence will develop enough that they can give every US citizen $13,500 per year. While they make themselves trillionaires by the way. So yeah universal basic income is coming and not for the reason you’re telling everybody. Now, as far as sitting around playing video games all day, they have a solution for that too. They will placate everybody with virtual reality solutions that will enable human beings to be anywhere and experience anything from the comfort of their home. As far as the amount of the income, they got that figured out. You should listen to a few David Shapiro or videos. I know you’re a smart man educate yourself. Because you got this one totally wrong. Look how many companies are saying that they are now rethinking hiring or even starting new businesses or opening new plants because AI will be able to pretty much do everything whether it be creative or robotic which if you look at any Amazon warehouse you can see is taking place right now. They’ve got cops on wheels., mobile delivery, they want to use drones. Seems there is not a lot that you’ve been taking into consideration here. The reason they’re doing these experiments is because they know they’re gonna have to do something to enable people to live. So many more jobs will done without human beings. OpenAI is holding back the release of SORA because they believe people aren’t ready for it. Things are changing really fast. Realtor is going to be done as an occupation. Thanks to the Supreme Court. How will you survive with no income unless you have a lot of money sacked away. Profits are going to go through the roof and the people that have a ton of money now are gonna have a lot more.
One thing I argue which is screwing Americans in this changing economic climate would be our independent and individualistic attitude toward living quarters. If we bundled ourselves up into groups of 5 or 10 or were having larger families, we’d actually manage to have healthier finances. Of course I also think many Americans are less trustworthy than some immigrant who risked their life to migrate thousands of miles to get here and find employment
Too find how the country got the way it is, look to who runs the institutions that control the culture (the media & hollywood) and who controls the money (western central banks & the fed reserve).
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
When I applied for my current apartment, I had to provide a list of items: 2 IDs, pay stubs, bank statements, letter from my employer which had to include how long I had been employed there, the prior year and current year tax returns, credit check, and an interview with the owner of the building and this was just to RENT a tiny, studio apartment. Those who are coming across the border won't even have to bother to fudge such documents because the landlords and lenders alike are probably going to ignore the requirements and grant them the loans anyway. I find the whole situation disgusting and yet another slap in face of American citizens.
You have a few things right with this comment. I agree with everything you have said EXCEPT... THE GOVERNMENT IS SCREWING THE LANDLORDS OVER AND NOW MAKING IT ILLEGAL TO ASK PEOPLE FOR THESE THINGS... SMH.. They have made it illegal to even look into people's backround and criminal history in some places.. 😢😢😢😢
But there is another side to the deal; it is so easy to evict undocumented migrants compared to a US citizen; just one call to DHS, and they will run. So it's a low risk. Also, for private loans - higher interest rates, and large downpayments, and those guys do not have large credit card debts. If they are deported a loaner will get a good foreclosure
The illegal immigrants are being subsidized by the US government and state governments. This is not by accident. If Biden wanted to close down the border, he would. The Democratic bases needs a new voter base and this is it.
That's the cost of the U.S. wanting to be the Police Man of the World. We are the World Military Superpower and if we have to reassess if that's the role we want to continue to play. I'm sure there are ways to cut way back on waste, fraud, and abuse as well as military bases all over the world.
if the US stops doing that, they lose their power projection hegemony. So I don't think this will ever stop, at least in the core of NATO. Everybody wants the EU as an ally / customer so if the US would remove all of that, somebody else will take it and that will become a threat to the US. The EU is the second economy of the world, so I don't see how that could happen all of a sudden. At any rate it would be a slow decoupling that would take a long time@@Resmith18SR
Most VA locations have a Homeless Veteran's Program and IP treatment for those who have Mental Health/Substance Use, however there are rules and many veterans don't want to agree to rules. Speaking from experience on this one.
NOT TRUE [ VA takes care of me very well ] I'm a single Veteran rated 90% disabled direct service connected ,get $ 2, 220 .61 recurring monthly compensation payments that will be $3,800 when TDIU approved at 100% + SSA retirement deposits - paid my college, life insurance ,tier 1VA health care , house with no money down or private mortgage insurance , long term care, foreign medical care ... the benefits are innumerable and generous .
My dad worked in the military until he could retire, 21 yrs. He retired at age 38. Then he took a job that he worked until he was 65. He had a lifetime pension from the military, and his and my mom's medical care was all paid by the government until they died. They had Medicare and Tricare. That provided all their healthcare for life. When my dad retired he got SS as well. He and my mom lived on a modest pension of 2, 800 a month. That was the total amount. They had a small home, and my dad would buy a new car every 5 yrs. They were debt free. But they never ended up homeless. They budgeted their money and lived within their means.
@@gregorysagegreeneIt's all borrowed from the federal reserve. That's why we have govt debt that's over 32 Trillion dollars. US will crash the dollar because they keep printing more and more to pay for all this stuff, and that's why we have inflation. Very soon the dollar will crash and be worthless. US will go bankrupt because the govt thinks they have a never ending credit card.
When I was a struggling single parent I paid for EVERYTHING. I had a job as a Supervisor, but it was having to pay for a private sitter that pushed my budget to the edge. Then the woman who lived in front of me told me about a city run program to lower electrical costs. When I called to apply, I found out my salary was $2,000 above the poverty line. That really made me fume. I knew several single mothers on section 8, and lived in nice houses, food stamps. They didn’t work, and one was just gaming the system so she wouldn’t have to work. I was living in the back of a scary alley in a duplex, eating one meal a day trying to make ends meet. It was brutal.
@@kellywerner5976 Yes. Thank you. I married a wonderful man who raised my daughter like his own and who calls him Daddy. We have a son and the two children look so much alike that we just don’t tell people they are half siblings. They love each other dearly. My daughter spoiled her baby brother that she prayed for. I’m a blessed woman. But it was a time that looking back I know only God could have helped me through.
It's not free. It's printed and borrowed by the federal reserve. It has to be paid back. We also pay debt on the over 32 Trillion dollar debt govt owes. I hear they borrow the money from China to pay that debt. So when China calls the debt to be paid in full, then China will own America. The politians are selling America to China.
yup I rarely go to resturants but it was half the price, had decent service and the food quality was better B4. You might as well schedule for 2 hours now to go out. All started with free money thus nobody wanted to work and make people lazy as getting paid more not to work thus when they had to go back to work they depanded way more to do bare minimum work.
They have studied this before. And found out you can not fix stupid. One person could have $1000 and be doing just fine. Another person could have $2000 and be broke all the time. The easier the money comes the less respect people have for it.
Beware of bureaucrats bearing free "gifts". It's called DEPENDENCY. The more dependent people are on the govt the more control they have over every aspect of people's lives. Of course, if you want to be treated like an infant by your govt, you will love it. The ultimate Nanny State "solution".
So your assumption is that normal, healthy people won't still want to be productive and work if their basic needs like adequate food and shelter are met? Read Maslow's hierarchy of needs.
I'm fine with universal basic income but it has to be everyone, we already pay more than enough taxes, this would allow me to see some of it at least benefit me - better than giving your 401k to hedge funds to play with till if you reach retirement age, and most people in the private sector do not have a pension ... you have to be a masochist to not want this
@@mangodiet801 And instead of the patchwork totally inefficient system the U.S. government has currently it could be streamlined and actually save money. The U.S. system is a patchwork system which has so little coordination that it's ridiculous and costs even more because it's run so inefficiently.
In the 90's, Republicans pitched that, "I don't want 'BIG government' in MY medicine cabinet!" Scare-tactics so that everybody would vote AGAINST Medicare prescription drug coverage. Disabled since a child, and I LOVE the "big government" in my medicine cabinet! They failed, and Medicare now covers prescriptions-the biggest expense for seniors and disabled.
@@AshleySpeaks4U You are deliberately confusing aid for people unable to take care of themselves (the disabled and elderly) with the unnecessary govt support of working age able-bodied people.
On the bright side, we won't need to run welfare programs with a ton of bloated administration. Also, Alaska funds a UBI indirectly through oil taxes. Wealth funds tend to do that
@@atlasnetwork7855 ...and your ability to access those services will be dependent on how well you comply with the regime and maintain a high social credit score. If you don't comply, your bank access is turned off. Basically a digital prison at first, which will morph into your elimination when you no longer benefit "society."
I'm a senior citizen. My husband died in 2019. I got two stimulus checks and they took them back out of my tax refund.... They're talking about killing social security. Something my husband and I paid into our whole lives. My parents paid into their whole lives my daughter pays into. It was a pay it forward deal.. My husband worked so my parents could get social security. Now nobody wants to make sure I have social security. I'm against any free money. They can just stop that right now because I'm the one paying it.
I don’t really feel sorry for anyone who paid the government and trusted what they said. When you see that money removed from your check, you must treat it like you’ll never see it again. It’s like insurance… A BIG SCAM! “Pay me now for something that _may_ happen tomorrow.”
Hello Michael: Thank you for this video sir. I just turned 70 years old but I've been disabled since 2004 & have never seen a dime in stimulus money or any giveaways in my life. Between food, pharmacy bills, doctors, physical therapy, brain therapy, etc there wasn't any room for vacations or luxurious travel except to the grocery store. I've never asked anyone or the government for a handout ever. I grew up poor & started cutting lawns or anything else to make money from the age of 7 years old. I've never been on welfare only my disability & Medicare. God Bless Michael to you & your family. TMP from N.J.
When my home was completely destroyed in Hurricane Ivan 2004, the FEMA inspector told me that I was white and male, so there was nothing they could do.
Throughout my life I've seen people in NJ take advantage of welfare programs, disability programs, section 8, and much more. There's even courses online where people teach one another how to game the system. All it does it burden the backs of people who have to work 1-2 jobs to then have their own income taken away in the form of more taxes. I know it's tough to get ahead in todays world, but this isn't the solution.
Is making money from RU-vid or playing, gambling on the Stock market, day trading, Crypto, not in some sense also gaining the system? What about Only Fans and Instagram models who make 6 figures or more a year just essentially making short porn videos of themselves gaining the system? I don't call that working for a living.
@@mangodiet801 Our country is in insurmountable debt. Pension funds are underfunded. Social security is underfunded. UBI would just perpetuate the problems we are financially feeling in our country. It might be nice in the short term to receive "Free" money, only until the dollar is worthless.
I'm completely dumbfounded and baffled by this video. Not because of you, but from all that information. It's a slap in the face to all those who've sacrificed and served overseas (myself included).
@@homelessmillionaire1 And the government requires you to buy a license to fish, in every state you want to fish in. Plus they put limits on the type and number of fish you can catch and keep. To make the fishing scenario work, you'd have to teach the man how to get around the government to fish for free, and to get enough to freeze for leaner days. Then that will land you AND the new fisherman in jail.
people are drowning in an ocean of debt, and the sharks are the corporations who can charge you whatever high costs they want .. try fishing in those waters
UBI wont' work if it's just used to buy more things. It needs to be used in a way for the receiver to gain some skill, experience, certification, education that will aid them getting another job that will pay them more. Otherwise, they will go back to what they were after the money runs out. Giving money to help a person "learn how to fish" is what needs to happen.
The best Foreign buyer story I ever heard happened to a neighbor of mine five or six years ago. He got an offer on his home from a Chinese couple. As the closing date is coming up, he finds out they can't get a loan for the property. Well here's where it got interesting, they were living in Canada previously and moved to the U.S., due to a better job offer. They left Canada, owing a lot of taxes and Canada had a sizable tax lien on them. The banks wouldn't give them a mortgage, until they paid off the Canadian Tax lien. That was informative, knowing that U.S. banks, recognized the Canadian Tax Lien.
I remember the free money during COVID. I live across the street from a large apartment house in Springfield, VA, close to DC. During COVID, I often saw small, empty, booze bottles laying around on the sidewalk and near the curb when walking the dogs. Often they were smashed. I picked up whatever I could, because I didn't want the doggies walking on glass. After the end of the free money, I did not see them again. (I was retired. I remember two or three checks, which I frankly did not need.)
I’m a CPA - is you knew the depths of the fraud of the PPP Loans, it would blow your mind. I know “business owners” who made out like bandits on this, at the cost of your taxes.
I'm an enrolled agent. My theory is the Covid loans were a Trojan horse. I think there will come a day of reckoning when the doodoo hits the fan. Watch for the flood of audits on the ones that took the loans in the next couple years.
Government is not the answer. One, someone who has nothing to do with whatever they claim to be fixing, loses out. Two, they mostly enrich usurpers. Three, unintended consequences are more expensive than the entire affair in the FIRST place. Four, scarce resources are drained. Don't say "but *I want money." That's Communism.
Remember this People, if there's Millions or Billions giving away in Illinois , 100% of the People in Chicago Region are recieving the money . *People who lives BELOW , highway 80 , NONE of those citizens, are Not receiving anything* *I am only explaining how it works , help others , and the heck with the rest* !!
I retired as a 20-yr mortgage lender from one of the largest banks in the country & we could not make a home loan to someone who was illegal or just had a TIN. You had to have specific visas for us to b able to make u a loan that we could keep in our portfolio or that was saleable to Fannie, Freddie or Ginny. We also checked to be sure the SSN u provided was yours & valid. There was a Hispanic credit union in our city that we heard would make u a portfolio loan with a TIN, but I’m not sure that was technically legal. If the illegal alien could pay cash for a home, perhaps he/she could buy a place that way. Bob S.
Yup I was hanging drywall with dad at 14. Started in 9th grade with a Schwab account buying Exxon,Oneok,and Walmart, and planing retirement at 18. People prefer living beyond means and not saving/investing nowadays. Retired now with no issues.
I have a nephew who's wife works (or I should say worked) for the county social services dept. in their area. She has a college degree in social welfare, or something like that. She finally quit because she just couldn't stand it anymore. The interviews she did everyday made her wonder where society is going. People lie, cheat, and whatever just to get free money and in most cases it works. Some applicants from eastern Europe and Asia and generally Hispanics are only on the gravy train for a short time and others work hard to just stay on the gravy train forever.
I used to work for social services; I remember one lady paid $8 a month for a subsidized apartment and got food stamps, while I lived in a studio, scrimped to get by and had a very high workload.
I commented before you got to the second story about the woman saying she has a disability. Don't get me started on the people that abuse the welfare system. Unfortunately my mother-in-law I think abuses it. She doesn't want to work full-time just so she can keep her benefits. Everyone talks about "just getting by", unfortunately it seems that that's all people really want or it's the "free" money that is causing this mindset. Welfare keeps people from reaching or even understanding their full potential.
when I was on welfare many moons ago I got punished for earning money everydollar I made they took a dollar which made it impossible to get ahead enough to afford to buy a used car or motorcycle so I could get a better job furthur outside of the city.
@@rosesmith6208 They should come up with a plan for motivated individuals that allows saving toward a necessity like basic transportation to get you to a better job. I guess that would take more social workers and involve more costs.
If you work an Amazon Warehouse job you have some kind of mental or physical disease that keeps you from looking for a better position. Sickness helps retain workers. Employers love sick workers. Not too sick. Just sick enough.
@@BohemianLifer I met a few of those people two years ago while traveling for two months in an RV from Tampa to Alaska. They were retired. Said Amazon had free parking for their RVs.
The part of it is that the job itself and what it takes for you to keep doing the job makes you mentally ill and/or physically sick. It makes you just sick enough that you don't have the energy left to look for a better position. Now you can definitely get out but not if you believe the lie that your illnesses are yours. Your depression anxiety have everything to do with your job and what you have to do to keep going to that job. If you have a desk job your obesity is the result of that job. If you can't even imagine quitting smoking or slamming red bulls all day because you wouldn't be able to get through the work day then your job did that to you. It's not all your fault or even mostly your fault. You had to pay the bills. You had to work. Now you're stuck. Now you're depressed and unhealthy. That job you do or multiple jobs you do 40+ hours a week has everything to with your current mental and physical health. Some jackass might tell you that you have to "take personal responsibility for your life choices" are some similar humiliating trash. Those are fighting words right there. Don't let anyone talk to you like that. The number one thing you need to do is to see your situation clearly and part of that is realizing that your job is destroying you and employer likes it that way and is never going to help you out of it. Your employer is not your friend they are a con artist getting you to work for less than your worth.
The government would love control over your income. These freeloaders are giving me ptsd ! They are going to turn me into a freeloader because I can't afford to support more system riders, the loads getting too heavy.
We never spent our covid money. We never needed it either. My husband worked all through the pandemic. His job was considered assentual. We saved it. Yes, we bought a new car and paid cash, but we had the money before we had the checks. My point is lots and lots of money was given to people that didn't even need it. Our govt are just completely wasteful.
Michael I live in Illinois and NONE of us are recieving Zero Dollars. They must be giving it , to their families and friends , Up in Chicagoland . That's what they should be saving that money for Emergencies Only !!!! Last week at the Dentist , I had to pay $740.00 for a Crown . *Dentists are very Expensive* !
As a disabled mom and widow, my son and I have faced homelessness and hunger. My Social Security was not enough to pay for skyrocketing rent, in spite of my son's death benefits being nearly a thousand. An extra $500 would have gone to food BECAUSE landlords JACKED housing. So universal income supports landlord's unnecessary rent-gouging.
It’s a lot to me because I have zero debt. That would be about six weeks or more of groceries for me and girlfriend if I didn’t have a well stocked walk in pantry and deep freezer.
Switzerland voted against a guaranteed basic income back in 2016. UBI might work with the right individuals using funds to improve themselves and others. Unfortunately, our woke society will inevitably come up with ways to divert the funds to the wrong individuals resulting it it failing to support itself and thus become another welfare program. 🤔
Even if these people don't have a job, they should have them picking up trash at local parks or washing police cars or doing something to contribute in order to get that basic income . Or better yet have some sort of EBT card that restricts what can be purchased.
EBT does have restrictions but people do sell their benefits. Would be great if tied to their ID somehow at point of use to curtail its abuse to buy other things.
Michael, I'm blown away. I was packing my bags. I thought there was a bunch of countries that are like paradise. If and when Trump gets back at the helm, we'll see things moving in a better direction, real fast. I can't wait for that series of videos on RU-vid. There, I said it, or wrote it, typed it. lol
If you're an American citizen, you are treated as though you are a foreigner. You are made to jump through all these hoops, follow the law to a tee, and give up 25%-35% of your income so the government can do whatever they want with it. If you are illegal, you get amnesty, you get welfare, you get housing, etc, etc. UPSIDE DOWN WORLD, Michael!
We already have universal basic income in the US. It is called welfare, obamacare, section 8, food stamps, disability, medicare, ect. In case you haven't noticed, tens of millions of people in this county live quite comfortably without working or contributing anything of value to society.
While people were getting $600 per week covid money, my job was busier than ever. I was overworked and had chronic stress for 1 year. The chronic stress caused health issues and eventually I landed in the hospital. It took me 1-2 months to build my body back up from the damage stress did. I could have used the covid money and stayed home for a while to get a break. Instead, I got hurt. So, yes I was kinda jealous of those who got to stay home making more money than I was being overworked 6 days per week!
Unemployment is all they should have gotten. The extra $600 guaranteed that they wouldn’t look for another job. No layoffs at our place as we wore a mask 😷 for 2 years. Hope you are doing so much better. All the best.
@@dennistyler9852 thank you for your comment. My prior boss knew I was stressed and my health was suffering from it but he kept begging me to stay because he couldn't replace me. When my body finally gave out on me, I had to quit. Then, to add insult to injury, my prior boss pressured me to find someone to replace me and OFFERED A NEW PERSON $4 MORE PER HOUR THAN WHAT HE WAS PAYING ME!!
Illinois being a Democratic state this is just the begining. Who pays? Illinois taxpayers. Wait until the taxes go up again. Wonder why we are moving out.
@@mangodiet801 if you receive it your not paying taxes others who work and try to save are the ones paying for it. it is basically stealing from me to give to you type thing.
100%. Very interesting concept. No unemployment, no social security, no welfare etc. there should be no income cap and no need for minimum wage. Andrew Yang talked about it a lot. I think it could work and eliminate a lot of government entities that cost a lot of money to run. Then don’t need to apply for programs
When you give everyone a million dollars, a million dollars becomes the new zero. That may explain why I see so many people in Whole Foods who look like they don't speak English.
This is being talked about because of the huge financial pressure on the majority of American workers. The majority of jobs no longer pay a living wage and are unstable. Many Americans work full time plus gig "side hustles" and still don't earn enough to pay rent on a small apartment.
Hell I have been unemployed since April, 2022 thanks to the Fed raising the interest rates! I've applied for thousands of jobs and when they see that I'm from the mortgage industry I get rejection emails. I do update my resume that's how I know it's the mortgage wording 🙄
Me too and I'm angry because I spent 23 years in that industry with transferable skills but yet no one will touch us. I want a job outside of mortgage because it's unstable and I am over it
People with assylum claims have the legal right to be in their country until their case has been heard in court. There was a bipartisan bill in Congress to hire more administrative law judges to validate these claims in a more timely manner, but one presidential candidate told his party lawmakers to not support this bill. Why?
Here in Canada, the economy is in freefall and the government started to give out free money. Not much. But I can see it becoming universal basic income.
Universal income really means Latin America economy, where since i have memory since 1970 people make 350 Dollars per month, have the hardest time to own a house ( not concept of privacy or yard) and beg for education, medical care and decent public transportation and live a sad live and nobody says is middle class but identify as the poor / not car people. "Gente de pie" Gente que camina a pie. Or los asalariados ( the ones that earn a salary).
1. Scientist made an experiment with flies eliminating their stress by giving them ideal life conditions (infinite food, perfect temperature/humidity, etc). After several generations the colony degraded. 2. Politicians made an experiment with native Americans by paying them guaranteed income. This also lead to degradation, as far as I know.
@@jeltoninc.8542 if you need government assistance, you shouldn’t be spending my tax money at Disney On Ice! Broke people don’t go to Disney on Ice! And if you are not broke, you shouldn’t be getting government assistance. Now fixing a furnace is a proper way to spend that money. And how do you know what my financial situation is? You don’t, so shut up and cry harder.
Yeah I guess I’m different about things like this and prefer being financially proactive to protect the family. My priority would be household expense buffer and emergency fund not Disney and ballet lesson. I would think it’s more for financial assistance not maintaining a lifestyle. I’m good so none of my business. Focus on what I can control in my life. Government really knows how to keep people poor though.
Well you have to get multiple Covid shots. You will have to take this mark to buy or sell. Maybe they will have you join the military. Nothing is free.
You’re absolutely right, each country has their own problems, is all about picking the lesser of issues. At least in the Philippines, where I will be moving, my dollar will go very far there.
Come on man, you’re smarter than that. Where do you think the Covid money comes from? Although the whole country is spending money basically on a credit card we have no intention of ever paying back. It’s called default. Love your stuff.
Get used to it because with the coming AI automation revolution, we are all going to be needing to band together and figure this stuff out. We are ONE SPECIES after all. Time to stop fighting over everything.
Trump is there to finish the job. Once that happens Americans will accept "The new system" Coming up with another "Beautiful vaccine" is more than likely to happen. He did some great things, but he isn't going to save you because that is not the plan. I would be surprised if you even have elections.
I enjoy your videos Michael. I found you not to long ago and have learned a lot about real estate especially in Florida. We thought about investing in FL. Your videos have been informative. Thank you.
I actually agree with a certain level of UBI to provide for basic living expenses. Too many people are working hard just to survive rather than thrive. That isn’t a good situation that’s good for anyone or the government or the economy. So I think it makes sense.
Have you own plan, maybe start with moving to a state with low or no property tax and plenty of rain. . Buy or rent a spot of land for basic living and vegetable garden with a water well. Make sure the state you pick has a "bill of rights" similar to the U.S. one and has spelled out gun rights. I could go on, but hopefully you get the point.
If UBI is introduced the tax return will up. No need to raise tax rates, as economic activity will generate additional tax. You don't need to change rates for that to happen. A rising economy pays more tax unless you cut rates, and sometimes even if you do.
taxation and free stuff never leads to a good thing, it usually destroys society economically, morally., and physically, etc. God only asked 10 percent nad it never went up, (mosaic law).and the people prospered when they obeyed |Gods laws.
And now they also have a election board member who isn't even an American citizen. Come on put it together people. Time is running out and we need you.
Your videos are great. You should check into the number of crazy people here in Florida buying homes with minimal down that needs a ton of fixes and upgrades. They are getting themselves into big financial holes.
Ubi was supposed to replace all entitlements. You should look up how many people work at Walmart or McDonald’s that collect entitlements. We subsidize companies to pay people less. FYI Walmart is the biggest us employer
There’s people with much better jobs that get welfare. They don’t marry , have children and collect some form of welfare. It’s called working the system.
in denmark they have a livable wage for every low end job and what this requires is a limitation on how much you can make on the high end. For instance the best Civil Engineer in Denmark has their wages limited to about 125k a year. in the US that same civil engineer doing the same work would be making millions of dollars a year. Now the super rich in denmark are still super rich but the average people are put under this system. They like to refer to this as socialism but its honestly communism and this is what coming to the USA.
I was TDY in Aarhus, Denmark for a week in 2008. I remember seeing very modern homes on the shore, most with lots of windows. I relayed this observation of mine to the employees at the company that I was visiting (TERMA) and they said that no way could they afford those homes.
@@genes.3285 yes the rich will remain rich at the expense of the middle income.. and I am not against people getting rich by hard work or intelligence.. I am against them getting rich through fear and intimidation
Would never happen. The Government can't cap wages in private companies. Hell, even the Federal Civilian jobs pay better than the same jobs in the community. What you are saying would never happen in the US. They system would have to change 100% and too many people at the top won't allow that.
@@DIVISIONINCISIONThe government says $20 an hour for fast food workers in jobs that can be taught in 30 minutes and you think they can't reach into the private market even deeper? It costs $22 for a fiveguys burger, small fries, small coke because of what they did to wages and they don't see that as a problem.. your never happen will happen because thats the direction we are going
Germany handles Unemployment that way Its much more efficient. Lets say a Company 10 employee in sales department and they need to lay off 50% instead of getting rid of 5 sales people you reduce all 10 by half so instead of working 40 hours you work 20 hours and benefits pay the missing wages until demand for whatever product/service your selling returns and some will find other employment easier because they havent been totally unemployed for months.
Throwing money at all these people is just throwing even more money after all the bad money. I know people at work that make decent money yet still get collection calls. And these people aren't even as bad as all these welfare do nothings and grifters.
At the same time, you have researchers giving every family in West African villages about $500, a very big sum in that area. Most families quickly either paid off their debts, and/or brought milk goats. The government will spend $10 dollars in administration and audits to prevent $1 in waste
