The funnest thing about reading a thread straight through is you can rack up a sweet list of quotes for a multi. All emphasis mine.

ACT I


ACT II


ACT III

ACT IV


FIN

But srsly plz don't lock and/or delete this thread.

I realized I actually do want to hear the thoughts of a bunch of people that will name drop Hayek and Friedman like breathing air yet still consider UBI to be some fiendish commie plot.

You're the only one mentioning these people. Traders don't care so much for individuals, we know how easily people including luminaries are wrong. In fact, people being wrong is how we make our living. Market oriented people have much better grasp on complexities and the limits of human knowledge than ideologues, we deal with the real world daily and it costs us money if we're wrong (and a lot of money if we're very wrong).
Pretty much everyone here thinks UBI will be necessary and possibly desirable (it's been compared to stock ownership), we're just arguing about effects.

You're a loon running around tilting at windmills. Nothing you say is of interest.

Did you miss the one about how those damn blacks ruined Zimbabwe bc they kicked out cultured and smart and hard working whites? And the were too dumb to and lazy to farm properly?

What an accurate statement would read:
Not as fun when you quote the example I was making accurately, is it?

The creepy racism overtones are all yours, friend. Own it. YOU see it in those terms because you're a racist creep in your heart...no one else here does.

I've quoted Mao's China as well, where they took capital of the "bourgeois" (meaning entrepreneur/capitalist) class and imprisoned them, and destroyed their economy and much of their civilization in the process. In fact there are lots of examples.

Hating the rich and wanting to steal from them has a horrible track record of ending well for the poor.

Victor is a failed poker player who spent the golden era of online poker building up small rolls and then donking them off in booze-fueled tilt sessions after being humiliated by his own ineptitude.

And whose gimmick account are you?

Why would you type these lies?


p.s. The non-bolded part is too stupid for words but come on now, a part of you had to know that.

Habit I guess.

Literally back to back posts. ****ing kiddie game bull****.

Individual opinions
Mao's China.

I guess I'll just put you on ignore. Pointless noise.

Modeling the Macroeconomic Effects of a Universal Basic Income

"How would a massive federal spending program like a universal basic income (UBI) affect the macroeconomy?... The economy can not only withstand large increases in federal spending, but could also grow thanks to the stimulative effects of cash transfers on the economy."

This is a prime example of the mentality of people who only see things in the lens of race and bigotry. This is how you were taught to think, you can't view things for what they are or look at things logically, you can only see it in terms of victims and oppressor.

Your statement had nothing to do with what TS said. TS was giving an example of what happens when you take resources and responsibilities out of the hands of the people who are most efficient in deploying them. That creates a situation where you get sub-optimal results.

Let me take you through a thought exercise the other way : imagine an a racist NBA owner who refuses to employ anyone but whites? What do you think would happen to his NBA franchise? He only drafts and trades and hires white employees. Instead of him using the entire talent pool out there and taking the best players available, regardless of race, his own racism wins out and he only employs Whites.

I'll tell you what would happen - he would have a losing formula and his team would go straight down the tubes. He would be employing an inefficient strategy and every other team would have an innate advantage over him because they would not be restricted in hiring due to race.

That is exactly what Zimbabwe did due to their hatred of whites from their government. I don't care about who Zimbabwe or who they hate, (the same thing happens in Asia when the Chinese are kicked out, or in the Muslim world where Jews are kicked out), all I care about is the results of their policies and what we can learn from them.

Zimbabwe took the means of production away from a group of people due to their interpretation of "unfairness". They believed the whites were unfairly rich and productive due to their natural advantage of being in power historically. They did not like the result of what they were seeing, so they changed the rules. That, in turn, hurt THEMSELVES the most. Food production plummeted and caused massive problems for the country.

In yet another example - what do you think would happen if Google fired all their male engineers and hired only female engineers, due to their disdain for the patriarchy? Google would immediately decline, the same as Zimbabwe.

Wake up. Take the shroud of idiocy off you that was beaten into your head throughout your entire life. You believe in lies, which is making you stupid.

Analogizes playing basketball to running a government.

Challenges guy to an income battle freeroll, acts like a baby upon losing.

Writes lengthy screeds about how stupid everyone else is.

Winning.

<----- this is what winning looks like. Don't hate.

No one is up lifetime on me in the politics forum. Scoreboard.

I assume this is some kind of parody site? It's hard to tell these days.

This is high comedy. Nice find. This boils down to:

"Give the poor heaps of free money and the economy will grow through the roof. Is there a limit? Hell no. The more you give them, the more the economy grows"

lol dude its almost a lock that I made more than you at poker.

I wish I could fail at any other endeavor and make over a million dollars.

didnt have a real job for over 10 years. traveled the world. stacked up a retirement fund. invested in learning a new skillset and now have a secure job and career.

pretty strange way to fail at something.

You played poker for 10 years and travelled the world and "stacked up a retirement fund", while making a million dollars?

Doesn't sound so impressive, honestly. Could have been fun though. What did you make every year and how much do you have in that retirement fund, and how old were you? What kind of living conditions were you in "while travelling the world"?

If you were 20, then it could be looked at as worthwhile. If you were >25, not so much.

just to address the only part that may be accurate, I am almost positive that my booze filled donk fest numbers would not be considered a small roll to someone like you. likely more than you ever possessed.

Put the bottle down.

Over here.

RIP this thread, didnt realize sklansky invited politics posters in here.

pour one out for the robots.

I was just thinking WTF happened to this thread. The conversation got so personal.

Now it just annoys me / is hard to follow and see the relevance.

I am a single dude. think about it. I never worried about the price on something that I needed or wanted. ofc, I wasnt popping bottles of crystal and serving up coke parties or buying/renting million dollar houses or sick cars.

I put the max in my retirement every year (for tax reasons) which was like 22% or something. I didnt need the money to live on or buy stuff with so it was no problem.

and if you think averaging 100k at ages 25-35 is somehow lol, then I dunno, I guess I am actually a failure. seems good enough to me and now I work as a programmer and dont make near that as do most of my colleagues.

regardless, it wasnt meant to be a super brag of how amazing I am. just a refutation of failure.

ya sorry. Im not a big enough man to ignore blatant lies about myself.

mebbe talk to your comma boy about starting the whole thing.