Hawaii could become the first state to offer its citizens universal basic income

[kingblaze84]

If they can afford it, cool. Cost of living is gonna rise anyway though, but what Hawaii is trying to do is pretty cool, as long as they realize it's not a long term solution to their problems.

 

[rickmogul]

It has begun. Wow! In my lifetime!

 

[anduin]

How could they possibly afford it? There's so many homeless people living there and poverty is rife in areas outside the tourist spots.

 

[HafBayked]

free pineapples and boogie boards for everybody

 

[_Jay_]

I'm curious to see how this works out...surprised that it's an American state this soon, figured somewhere like Norway or Iceland would've been first to try to implement it.

 

[rickmogul]

@_Jay_ And they picked the out in the ocean disconnected state they could find. So when it goes 2 shit, they can keep it all contained.

 

[BIGG WILL]

a lot of billionaires are saying this is the nx step. I wonder if they are going to put their money where their mouth is tho.

they doing test runs in Oakland and San Fran.

 

[VulcanRaven]

If they can afford it, cool. Cost of living is gonna rise anyway though, but what Hawaii is trying to do is pretty cool, as long as they realize it's not a long term solution to their problems.

This country can afford it period. All the billions it makes. What good is living in the US the so called vest country if you are struggling to the point of homelessness?

 

[808HiLife808]

If they can afford it, cool. Cost of living is gonna rise anyway though, but what Hawaii is trying to do is pretty cool, as long as they realize it's not a long term solution to their problems.

This country can afford it period. All the billions it makes. What good is living in the US the so called vest country if you are struggling to the point of homelessness?

homelessness it out of fkn control over here. on top of that, we have a shit load of micronesians that come here freely and set up shop under cofa..

 

[BIGG WILL]

The study made economic forecasts for three proposals: a full universal basic income in which every adult gets $1,000 a month ($12,000 a year), a partial basic income in which every adult gets $500 a month ($6,000 a year) and a child allowance in which parents get $250 a month ($3,000 a year).

The larger the universal basic income, the greater the benefit to the economy, according to the report.

A $1,000 cash handout to all adults would grow the economy by 12.56 percent after eight years, the study finds. Current Congressional Budget Office estimates put the GDP at $19.8 trillion. The cash handout would therefore increase the GDP by $2.48 trillion.
http://www.msn.com/en-us/money/mark...dy-says/ar-AAr35pQ?li=BBmkt5R&ocid=spartanntp

 

[kingblaze84]

If they can afford it, cool. Cost of living is gonna rise anyway though, but what Hawaii is trying to do is pretty cool, as long as they realize it's not a long term solution to their problems.

This country can afford it period. All the billions it makes. What good is living in the US the so called vest country if you are struggling to the point of homelessness?

This country also owes 20 trillion and has badly underfunded infrastructure and pension plans. I hope Hawaii gets this done though cuz so many are homeless there.

But I hear what you're saying, so many are struggling out here for real. In NYC, there are more homeless people now then during the Great Depression. Things are so uncertain in this country now, big reason why I don't want kids.

 

[osirus1]

It sounds great in theory, but in the long run I wonder if it could bring problems, this has already been done in Finland on an experimental basis. It yielded poor results but the control group they used was people already recieving un employment benefits, they plan to expand this program to people that fit more the average disposition to get a more realistic outcome.

 

[Plutarch]

I think it sounds good and could work in theory, but I've heard good cases against it. The problem is definitely here, but there are better remedies, imo.

 

[uncle gunnysack]

Would they get ebt benefits and medical as well as the 1,000 a month?

 

[uncle gunnysack]

The only problem that I see is when (just like welfare) when you passing out checks on a monthly basis then people tend not to look for a job

 

[808HiLife808]

they already dont

 

[janklow]

This country can afford it period. All the billions it makes. What good is living in the US the so called vest country if you are struggling to the point of homelessness?

this country can afford it... in theory. but i would rather see a serious policy explain HOW it will be paid for than someone waving their hands around in the air saying "eh, we can afford it!"

 

[kingblaze84]

This country can afford it period. All the billions it makes. What good is living in the US the so called vest country if you are struggling to the point of homelessness?

this country can afford it... in theory. but i would rather see a serious policy explain HOW it will be paid for than someone waving their hands around in the air saying "eh, we can afford it!"

I agree, but since Hawaii has a big amount of debt, how are they gonna cut back on other spending? I hear their state pension fund is underfunded, so where is this money gonna come from? More debt I guess? Then it's unsustainable. Hopefully Hawaii explains this, but I don't think this idea has gone anywhere so far.

 

[jetlifebih]

More debt how lol with us owning 20trillion who the fuck is going to loan us that....

I couldn’t get a dam credit card if I owed 20 dollas....

It’s crazy how America can just increase its debt yet inside the country the citizens have so many dam restrictions that won’t allow us to build a 20 trillion dollar debt...

 

[janklow]

I agree, but since Hawaii has a big amount of debt, how are they gonna cut back on other spending? I hear their state pension fund is underfunded, so where is this money gonna come from? More debt I guess? Then it's unsustainable. Hopefully Hawaii explains this, but I don't think this idea has gone anywhere so far.

it's a blue state, so it'd be a combination of raising taxes and raising deficits.

but that's also while they'll sell it talking about how awesome it is and how rich America is and NOT discussing the nuts and bolts of the actual policy.