Guaranteed Basic Income Legislation

[Cagare]

https://twitter.com/JulieDzerowicz/status/1364240562770051072?s=20

I cannot find any news articles on this, but a basic income legislation was tabled yesterday in the house of commons. All I could find was an article on the Green Party pushing for this from the party, which it was tabled very quickly after that. It seems more like a trial run and data collection exercise and creating a national framework. Just nothing in the media on it.

Details on the bill.

https://parl.ca/DocumentViewer/en/43-2/bill/C-273/first-reading

[ThePenIsMightier]

It can't come soon enough. All of the incredible wealth that we've all received thanks to the effective rollout and taxation of legalized marijuana must have the govt coffers exploding with sweet sweet cash. Which was exactly what we were told to expect from Heir Justin.
I have a brand new boat in my driveway, as does everyone else on my street and throughout Aspen. It's time for us to give back.
Obviously, we're in a position to afford this because the govt has successfully collected (I'd imagine) billions in tax revenue from legalizing that plant thing that's definitely medicine.
It was legalized in October of 2018, so we've got a full 2.3 years of delicious cash from those taxes ready to give away.
Can there be photo ops with hugs and winter coats?

[dirtsniffer]

Are the green and the ndp the same garbage now?

As far as mincome goes, I can see how it could be beneficial. One universal benefit for everyone, eliminate every other social program and you can probably become way more efficient and reduce overhead. That'd never happen though lol

[SJW]

It can't come soon enough. All of the incredible wealth that we've all received thanks to the effective rollout and taxation of legalized marijuana must have the govt coffers exploding with sweet sweet cash. Which was exactly what we were told to expect from Heir Justin.
I have a brand new boat in my driveway, as does everyone else on my street and throughout Aspen. It's time for us to give back.
Obviously, we're in a position to afford this because the govt has successfully collected (I'd imagine) billions in tax revenue from legalizing that plant thing that's definitely medicine.
It was legalized in October of 2018, so we've got a full 2.3 years of delicious cash from those taxes ready to give away.
Can there be photo ops with hugs and winter coats?

Do I detect a hint of facetiousness?

[jutes]

Are the green and the ndp the same garbage now?

As far as mincome goes, I can see how it could be beneficial. One universal benefit for everyone, eliminate every other social program and you can probably become way more efficient and reduce overhead. That'd never happen though lol

Greens and NDP are the same stunted party now, Liberals are in NDP territory and the CCP is pretty much where the Liberals were pre-Trudeau. Everyone has shifted to the left.

No social programs, zero, and UBI? Sure, if the math works out. Except prices will skyrocket for everything else. Canada - the handout capital of the world.

[ExtraSlow]

It's not impossible for a mincome system to actually SAVE the government money. Not impossible in a theoretical sense, but very unlikely from this government.

[Xtrema]

From our 1970s experiment:


The initial results are striking: the vast majority of Mincome participants kept working.

Primary wage earners worked a little less, but only slightly.

Married women backed off too, but mostly to take longer maternity leaves.

There was a drop in work by teenage boys, but Forget says many simply were able to stay in high school longer. Their families weren’t as desperate for another breadwinner.


Forget said Mincome also appears to have boosted well-being. Hospitalizations fell significantly, especially for mental health problems. That extra money may have relieved some of the stress of “getting by.”


https://www.marketplace.org/2016/12/20/dauphin/



The problem I can see is some businesses need low wages. UBI of $500/week is basically $12.5/hr. And the way that experiment went, sounds like for every $2 you earn, $1 comes off UBI, so anyone working full time of $25/hr will be off this gravy train. So there is still some incentive to work, although a lot less. I also think we need to get rid of cash and digitize it so people can't work under the table for this to be flawless.

Consider how connected we are today compare to 50 years ago, I'm not sure an isolated experiment will yield any unbiased results. Especially money today get you access to a lot more choices of drugs and indulgences then ever before.

Now if they can dump EI/OAS/GIS and replaced by UBI, admin cost alone will reduce greatly when you don't have to audit a bunch of thing to give you $. Just check on your income history. If there are side effect that actually lower hospitalization and other social program costs, bonus but harder to justify.

[ThePenIsMightier]

Do I detect a hint of facetiousness?

From me? Regarding Hair Justin??!
That's unpossible!

You must be a Super Jehovah's Witness.

[ExtraSlow]

it's spelled Herr.

[killramos]

I thought it was Heir?

[ExtraSlow]

Heir Herr Hair ?

[killramos]

Hear hear!

[revelations]

Keep on marching that line - according to the Great Reset policies.

https://www.weforum.org/agenda/2020/04/covid-19-universal-basic-income-social-inequality/

However, as mention by others, there will be efficiencies that will be found by amalgamation of all the various social services and the crazy overhead.

[JohnnyHockey13]

Keep on marching that line - according to the Great Reset policies.

https://www.weforum.org/agenda/2020/04/covid-19-universal-basic-income-social-inequality/

However, as mention by others, there will be efficiencies that will be found by amalgamation of all the various social services and the crazy overhead.

I'm surprised it took this long for one of yous to mention this lol Beyond's getting soft...even revelations here seems like he's kind of agreeing with it. :rofl::rofl:

[ThePenIsMightier]

Heir Herr Hair ?

I go out of my way to use all three of these, because all apply.
It's cleaver.

[Tik-Tok]

I thought it was Heir?

Justine Trudeau of House Castro, rightful heir to the Cigar Throne, rightful Queen of the LGBTQ and the First Nations, Protector of the SNC Lavalin, the Mother of nice hair, the Khaleesi of the great scandals, the Blackface, the Breaker of Wallets"

[Misterman]

This would add a nice bump to the already massive inflation rate that's coming.

[CUG]

From our 1970s experiment:






https://www.marketplace.org/2016/12/20/dauphin/



The problem I can see is some businesses need low wages. UBI of $500/week is basically $12.5/hr. And the way that experiment went, sounds like for every $2 you earn, $1 comes off UBI, so anyone working full time of $25/hr will be off this gravy train. So there is still some incentive to work, although a lot less. I also think we need to get rid of cash and digitize it so people can't work under the table for this to be flawless.

Consider how connected we are today compare to 50 years ago, I'm not sure an isolated experiment will yield any unbiased results. Especially money today get you access to a lot more choices of drugs and indulgences then ever before.

Now if they can dump EI/OAS/GIS and replaced by UBI, admin cost alone will reduce greatly when you don't have to audit a bunch of thing to give you $. Just check on your income history. If there are side effect that actually lower hospitalization and other social program costs, bonus but harder to justify.

I saw an economic model a long time ago in school that showed reallocation of resources currently used to address issues related to poverty, over time, cost less in a UBI model, and overall didn't drive inflation based on scarcity principles. The amount wasn't so much that people were buying cars and LV bags, it was structured that costs of housing and food were covered (very modest bachelor pad). Certain income levels obviously wouldn't qualify, and there was still monetary incentive to work. If only I could find it. Don't even remember the author or title, so I'm limited in my ability to cite or defend this.

[revelations]

I'm surprised it took this long for one of yous to mention this lol Beyond's getting soft...even revelations here seems like he's kind of agreeing with it. :rofl::rofl:

I mean in the grand scale of things, it makes sense at some level - however, when a 99.9% homogenous and semi-socialist country like Finland dropped their experiment with it, it makes me wonder.


The results of the Finnish basic income experiment suggest that basic income does not increase employment, and that current employment services are appreciated more than previously thought


https://www2.helsinki.fi/en/news/nordic-welfare-news/the-basic-income-experiment-in-finland-yields-surprising-results