I think those proposing wealth redistribution favor monthly payouts instead

Feb 24, 2021
10:05:58am

jhingman All-American

Agreed that the lump sum would do very little to impact anybodies life, their hope is to dip even further into wealthy American pockets to pull money to distribute UBI.

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jhingman

Bio page: jhingman
Joined: Nov 3, 2008
Last login: Mar 11, 2024
Total posts: 2,423 (12 FO)

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Messages

Author

Time

<< Deleted >>

Buffalo

2/24/21 9:59am

I’m not one of them, which is a major problem.

4th and Niner

2/24/21 10:02am

If we took all of the wealth of the nation and evenly distributed across all

LeonMarek

2/24/21 10:05am

That's probably pretty consistent with studies of lottery winners.

Eddie

2/24/21 10:07am

Probably more than 70%

No touching

2/24/21 10:10am

I think it is too, but after a longer time period. maybe 80% after 10 years

LeonMarek

2/24/21 10:12am

I think those proposing wealth redistribution favor monthly payouts instead

jhingman

2/24/21 10:05am

All the talk of redistribution is tied to future voters. Dems buying votes.

MrClark

2/24/21 10:09am

Russia did something like this once, right after the Soviet Union collapsed

Cougarclaw

2/24/21 10:09am

The big issue with wealth inequality arises when there is no movement between

Baron

2/24/21 10:13am

Do you think the GME short exploitation would be considered part of that?

LeonMarek

2/24/21 10:15am

In theory yes.

Baron

2/24/21 10:16am

<< Deleted >>

Buffalo

2/24/21 10:20am

I didn't say they were.

Baron

2/24/21 10:27am

If you look at the French nobility prior to the french revolution

Cougarclaw

2/24/21 10:38am

Here is an article describing one study on the issue

Baron

2/24/21 10:44am

This is the case of statistics being a "darn" lie...

lilpenny

2/24/21 10:51am

And most billionaires don't have anywhere near that in cash. It's net worth. You

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