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

[808HiLife808]

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.

idk if thatd fly...theyve already been raising taxes paying for this over budget bs rail

 

[kingblaze84]

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...

America better enjoy these days while it lasts, we can't keep printing dollars like this forever. Britain and Spain learned that lesson the hard way, so did the Soviet Union. Republicans are already working on cutting spending for social programs and who knows what else.

 

[kingblaze84]

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.

That sounds about right. Similar to Bernie Sanders' idea of Medicaid for all, sounds great in theory, but hard to make it actually work. I could see this working in a temporary basis for maybe a year or two, but after that the math gets tough.

And even then I don't know if Hawaiians would want their taxes going up more, they're high already.

 

[Madame_CJSkywalker]

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.

That sounds about right. Similar to Bernie Sanders' idea of Medicaid for all, sounds great in theory, but hard to make it actually work. I could see this working in a temporary basis for maybe a year or two, but after that the math gets tough.

And even then I don't know if Hawaiians would want their taxes going up more, they're high already.

if you scrap most social programs, basic pensions, all the red tape and the millions of bureaucrats that currently manage these programs it could work maybe

plus the money is to going right back into the economy

having a minimum wage and unemployment payments is expensive too, which basic income for all could eliminate

 

[kingblaze84]

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.

That sounds about right. Similar to Bernie Sanders' idea of Medicaid for all, sounds great in theory, but hard to make it actually work. I could see this working in a temporary basis for maybe a year or two, but after that the math gets tough.

And even then I don't know if Hawaiians would want their taxes going up more, they're high already.

if you scrap most social programs, basic pensions, all the red tape and the millions of bureaucrats that currently manage these programs it could work maybe

plus the money is to going right back into the economy

having a minimum wage and unemployment payments is expensive too, which basic income for all could eliminate

Those are some good points. If all that could be put in a budget, it might work but I guess that would depend on how much is cut from the social programs.

A lot of people would fight any cuts to medical programs though, and we all know unions will raise hell if their pensions are cut. Democrats are pretty much owned by unions these days, and that's a big reason why so many of them let union pensions bankrupt cities, word to New York, CT, and Illinois among many. Many Republicans are scared of unions too, so that's gonna be hard to sell, although I mostly agree with you.

 

[rickmogul]

They gonna go spam eating crazy. Never knew they loved that shit like that.

 

[janklow]

idk if thatd fly...theyve already been raising taxes paying for this over budget bs rail

blue states take a lot to pump the brakes on raising taxes. right or wrong, it's what happens when you want the government to pay for more and more and more.

That sounds about right. Similar to Bernie Sanders' idea of Medicaid for all, sounds great in theory, but hard to make it actually work.

exactly.

 

[BIGG WILL]

Tubbs, who was born and raised in Stockton and first elected to city council at 22, read about the idea of a guaranteed basic income in Dr. Martin Luther King, Jr.'s last book, "Where Do We Go From Here: Chaos or Community?" In the book, King writes: "I'm now convinced that the simplest approach will prove to be the most effective  —  the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income."

Called the Stockton Economic Empowerment Demonstration (SEED), Tubbs and the city of Stockton announced their initiative Wednesday. In the coming six to nine months, SEED will go through a design period where the city will work with social scientists and community leaders to determine, among other things, the number of residents who will be part of the initial test phase of the program and how to select participants.

Checks of $500 per month are expected to start being distributed to Stocktonians in the second half of 2018. The goal is to grow the program as the city can afford to do so.

Stockton's SEED program is being funded initially with a $1 million grant from the Economic Security Project. It's also accepting crowdfunded donations to the project with a Crowdrise campaign. The Economic Security Project is an organization aiming to raising awareness of universal basic income in the United States and is co-chaired by future of work expert Natalie Foster, Facebook co-founder Chris Hughes and scholar and leader Dorian T. Warren.