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morstar wrote:Stevo 666 wrote:rjsterry wrote:Stevo 666 wrote:Rick Chasey wrote:FT reporting food banks in areas with high universal credit usage have seen a 52% rise in usage after UC introduction.
http://www.bbc.co.uk/news/world-europe-43866700
The OECD comments were quite telling.
From your article.
"Some powerful billionaire entrepreneurs are keen on the idea of universal basic income, recognising that job insecurity is inescapable in an age of increasing automation.
Among them are Tesla and Space X CEO Elon Musk, Facebook's Mark Zuckerberg and Virgin Group boss Richard Branson.
US venture capitalist Sam Altman, who runs start-up funder Y Combinator, is organising a basic income experiment."
Whether basic income is the solution or not doesn't change the fact that it's not just idle feckers who increasingly need the state to support them and that some creative thought is needed.
"The study by the Organisation for Economic Co-operation and Development said income tax would have to increase by nearly 30% to fund a basic income. It also argued that basic income would increase income inequality and raise Finland's poverty rate from 11.4% to 14.1%."
So not a great idea.
What ideas do you have?"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
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Stevo 666 wrote:rjsterry wrote:Stevo 666 wrote:Rick Chasey wrote:FT reporting food banks in areas with high universal credit usage have seen a 52% rise in usage after UC introduction.
http://www.bbc.co.uk/news/world-europe-43866700
The OECD comments were quite telling.
They seem a bit plucked at random having had a quick skim of the OECD report, and I'm not sure they say it's failed. It's much more wide ranging report than just a review of the universal basic income idea. I don't hold a strong view on UBI, and I'm unconvinced by the arguments around automation, but I think it's worth looking into as a way to reduce bureaucracy. As Rick and I have said the problems with UC are to do with the clumsy and inflexible implementation, rather than the basic premise.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
rjsterry wrote:
The most obvious problem was that recipients first UC payment was paid several weeks after benefits were stopped. Seeing as recipients of UC are almost by definition unlikely to have savings that they can live off for the intervening period, it seems blindingly obvious that this is going to lead to people falling into debt, resorting to food banks, etc. That would have been relatively straightforward to address.
People's ability to dismiss working capital as a trivial inconvenience never ceases to amaze me. "It's just a timing difference". Yes, like the gilt market.0 -
Rick Chasey wrote:Stevo, what does this have to do with UC?"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0
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rjsterry wrote:Stevo 666 wrote:rjsterry wrote:Stevo 666 wrote:Rick Chasey wrote:FT reporting food banks in areas with high universal credit usage have seen a 52% rise in usage after UC introduction.
http://www.bbc.co.uk/news/world-europe-43866700
The OECD comments were quite telling.
They seem a bit plucked at random having had a quick skim of the OECD report, and I'm not sure they say it's failed. It's much more wide ranging report than just a review of the universal basic income idea. I don't hold a strong view on UBI, and I'm unconvinced by the arguments around automation, but I think it's worth looking into as a way to reduce bureaucracy. As Rick and I have said the problems with UC are to do with the clumsy and inflexible implementation, rather than the basic premise."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:Rick Chasey wrote:Stevo, what does this have to do with UC?
In the context of the UC execution it's totally irrelevant.
It's about as likely as most people using flying cars in the next 5 years. Classic deflection.0 -
Rick Chasey wrote:Stevo 666 wrote:Rick Chasey wrote:Stevo, what does this have to do with UC?
In the context of the UC execution it's totally irrelevant.
It's about as likely as most people using flying cars in the next 5 years. Classic deflection."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:rjsterry wrote:Stevo 666 wrote:rjsterry wrote:Stevo 666 wrote:Rick Chasey wrote:FT reporting food banks in areas with high universal credit usage have seen a 52% rise in usage after UC introduction.
http://www.bbc.co.uk/news/world-europe-43866700
The OECD comments were quite telling.
They seem a bit plucked at random having had a quick skim of the OECD report, and I'm not sure they say it's failed. It's much more wide ranging report than just a review of the universal basic income idea. I don't hold a strong view on UBI, and I'm unconvinced by the arguments around automation, but I think it's worth looking into as a way to reduce bureaucracy. As Rick and I have said the problems with UC are to do with the clumsy and inflexible implementation, rather than the basic premise.
Sure, it wasn't a roaring success. Maybe like our UC, it was just badly implemented. In answer to your other question, as a starting point a version of UC where the implementation learns from the mistakes of the pilot scheme.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
Stevo 666 wrote:morstar wrote:Stevo 666 wrote:rjsterry wrote:Stevo 666 wrote:Rick Chasey wrote:FT reporting food banks in areas with high universal credit usage have seen a 52% rise in usage after UC introduction.
http://www.bbc.co.uk/news/world-europe-43866700
The OECD comments were quite telling.
From your article.
"Some powerful billionaire entrepreneurs are keen on the idea of universal basic income, recognising that job insecurity is inescapable in an age of increasing automation.
Among them are Tesla and Space X CEO Elon Musk, Facebook's Mark Zuckerberg and Virgin Group boss Richard Branson.
US venture capitalist Sam Altman, who runs start-up funder Y Combinator, is organising a basic income experiment."
Whether basic income is the solution or not doesn't change the fact that it's not just idle feckers who increasingly need the state to support them and that some creative thought is needed.
"The study by the Organisation for Economic Co-operation and Development said income tax would have to increase by nearly 30% to fund a basic income. It also argued that basic income would increase income inequality and raise Finland's poverty rate from 11.4% to 14.1%."
So not a great idea.
What ideas do you have?
Ultimately, yes, there is an increased tax burden or arguably, you push it directly to business via minimum wage rise and the working benefits reduction is re-directed. But the question is should society as a whole benefit from increased automation or just those who happen to be in a position of business ownership?
It's all about balance. I'm not some ardent left winger arguing everybody should get the same benefits from others efforts. Hard work and success should generate greater reward. However, where it is as simple as a cost benefit analysis that says machine X will cost £50k but save £100k in 5 years, there is a social cost.
You can't just have an enormous and growing underclass.0 -
If you’re interested in minimum wage stuff a lot of research has been published around the economic impact of raising it.
There’s a suggestion the evidence shows doesn’t increase unemployment much and in fact boosts growth; mainly higher paid workers tend to be more productive (though obviously there is cause and effect here).0 -
Rumour has it that the experiment proved that free money doesn't contribute to the wellbeing of the Finns involved, thus the overhaul of the socialist utopia is being seen as necessary to make the country competitive. No doubt Finns are known for their laziness and dullness in mind contributed to by the generous welfare system: free schools, universities and health care for all means that Finns do not appreciate hard work to pay for those things.
Communism died a long time ago people, it's a failing system.0 -
Communism and socialism are not the same things.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
Communism is socialism on a slippery slope. Give an inch, they want a mile. Ipso facto communism = socialism.
!0 -
That argument works both ways.
Neither conclusion is desirable.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
And after the distinctly lukewarm response from Jewish leaders to their meeting with Corbyn, Big Len wades in and makes thinly veiled threats about deselection of the MPs who were calling out anti-semitism in the party:
https://www.theguardian.com/politics/2018/apr/26/keir-starmer-hits-back-at-mccluskey-labour-antisemitism-remarks
What a tw@t.
And perhaps a timely reminder of who wields a lot of the power in New Old Labour."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Stevo 666 wrote:And after the distinctly lukewarm response from Jewish leaders to their meeting with Corbyn, Big Len wades in and makes thinly veiled threats about deselection of the MPs who were calling out anti-semitism in the party:
https://www.theguardian.com/politics/2018/apr/26/keir-starmer-hits-back-at-mccluskey-labour-antisemitism-remarks
What a tw@t.
And perhaps a timely reminder of who wields a lot of the power in New Old Labour.
Indeed. The funny thing is that if JC had actually dealt with the antisemitism properly Len might have a point, but instead it's the usual worthy but equivocal statements but no action.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
rjsterry wrote:Stevo 666 wrote:And after the distinctly lukewarm response from Jewish leaders to their meeting with Corbyn, Big Len wades in and makes thinly veiled threats about deselection of the MPs who were calling out anti-semitism in the party:
https://www.theguardian.com/politics/2018/apr/26/keir-starmer-hits-back-at-mccluskey-labour-antisemitism-remarks
What a tw@t.
And perhaps a timely reminder of who wields a lot of the power in New Old Labour.
Indeed. The funny thing is that if JC had actually dealt with the antisemitism properly Len might have a point, but instead it's the usual worthy but equivocal statements but no action.
Rather like Tories going on about teenagers buying from LK Bennet you get the impression Corbyn et al don’t spend much time listening to people beyond momentum party members.0 -
It will be interesting to see what Corbyn actually does to tackle the issue. The feedback of the meeting with the various Jewish leaders was effectively 'Nice words, but meaningless without actions - what are you actually going to do about it?' I think I already know the answer will be naff that actually achieves anything.
This one is set to carry on."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
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https://www.telegraph.co.uk/news/2017/1 ... ple-world/
Nowhere else to put it.
Man who's just had his third child feels there are too many people in the world.0 -
Yes but they're his children, they're more important just like everyone else's children overpopulation is someone else's problem. Why would a royal not think that too?0
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Look at where the population is increasing the quickest relative to its population... Look at where its decreasing g so much they have to import people to prop up their numbers.
If you want to follow the atheistic agenda for having fewer children, go for it, just means you're ending yourselfs which is no surprise. There will be more believers, those with family values. The Royal Family will survive. Why hate?0 -
Rick Chasey wrote:https://www.telegraph.co.uk/news/2017/11/02/prince-william-warns-many-people-world/
Nowhere else to put it.
Man who's just had his third child feels there are too many people in the world.
echoing the words of his Grandfather
His Father only bleats on about the environment from one of his many houses/cars/flights
these people have no idea of irony - typical Germans0 -
Surrey Commuter wrote:Rick Chasey wrote:https://www.telegraph.co.uk/news/2017/11/02/prince-william-warns-many-people-world/
Nowhere else to put it.
Man who's just had his third child feels there are too many people in the world.
echoing the words of his Grandfather
His Father only bleats on about the environment from one of his many houses/cars/flights
these people have no idea of irony - typical Germans
How long does an immigrant family have to be here before you accept them as British? Poor buggers.0 -
KingstonGraham wrote:Surrey Commuter wrote:Rick Chasey wrote:https://www.telegraph.co.uk/news/2017/11/02/prince-william-warns-many-people-world/
Nowhere else to put it.
Man who's just had his third child feels there are too many people in the world.
echoing the words of his Grandfather
His Father only bleats on about the environment from one of his many houses/cars/flights
these people have no idea of irony - typical Germans
How long does an immigrant family have to be here before you accept them as British? Poor buggers.
depends upon how much they are scrounging off the state0 -
Rick Chasey wrote:Like I've said, UK 2 party politics is mired in a debate for which party is more racist.
That's me sold..."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
http://www.bbc.co.uk/news/uk-politics-43932073
Conservatives know how to play the game, that's why they're in control and why they deserve your vote against Labour. A party that knows the game can lead the country through difficult times as well.0 -
Stevo 666 wrote:Rick Chasey wrote:Like I've said, UK 2 party politics is mired in a debate for which party is more racist.
That's me sold...
Not really what I said is it?0 -
I think this is the kind of thing Rick was talking about.
https://www.theguardian.com/uk-news/201 ... mitism-row
I don't think describing this as a nadir in British politics would be overstating it.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0