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Basic Income for the US

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Basic Income was almost implemented in the US in 1970, and pressure is growing for it again.

This is the UBI model referenced in the video: http://medium.com/economicsecproj/how-to-reform-welfare-and-taxes-to-provide-every-american-citizen-with-a-basic-income-bc67d3f4c2b8

How the $900 billion transfer amount is calculated: http://huffingtonpost.com/entry/the-cost-of-universal-basic-income-is-the-net-transfer_us_5963d0c7e4b0deab7c646ace

More on Nixon's Basic Income plan: http://thecorrespondent.com/4503/the-bizarre-tale-of-president-nixon-and-his-basic-income-bill/173117835-c34d6145

This is an updated version of my Canadian UBI video, expanded with US-specific info.

The animation is foam cutouts shot in stop-motion over a green background, and then put together in After Effects.

The music is "Chrome and Wax" by Blue Dot Sessions, licensed under Creative Commons Attribution-NonCommercial 3.0. http://creativecommons.org/licenses/by-nc/3.0/

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animation was cute! I had only really heard of UBI from people like yang, but didnt know much about it. Wild to think even nixon was on board with it!

agree. but it needs to be implemented with brutal force. most humans are not really good with logic and reasoning. many only "understand" the language of strong fist, or the language of demagogy and populism. so it's wrong to try to be just reasonable in this question, it requires power.

Ok forget what I said on the Canadian version. You explained your points much better and I completely agree with you.

adamanimates responds:

For sure, there are lots of different proposals about how Basic Income would work. I'm an advocate for all of the public services in addition to a monthly guaranteed payment.

Score based on only animation: it was good, though nothing stood out.
Welfare already exists, and it causes its own kind of damage, but that arises when people are just terrible people. Unfortunately that's the real world and it'll be amplified with more disposable income and less jobs.
I can't escape the feeling that you're only using cherry-picked stats. More people finish school when they get it for free, yes, but the resulting quality is awful and diplomas are given to anyone in those countries. When you build slums with no jobs then crime ALWAYS shoots up, not down. Also I find it hilarious that all your sources are the worst culprits of misinformation: vox, medium, huffpost. Have a little integrity.

2.5 stars for good animation but i seriously disagree with the message.
I believe in a basic dole (for people who have been working for a decent amount of time) for a limited time and i think more should be done to help people struggling to find jobs find one but I don't agree with this for the following reasons:

1.Many people will become uninspired and lazy if you give them the choice to, which then removes a sense of fulfilment and accomplishment. Thus leading to an increase in suicide and depression.
2.Prices will go up. People have more money but the same amount of products and resources exist so supply and demand dictates thing will get more expensive.

3. It is not sustainable, the US has $20,000,000,000,000 of national debt so I doubt spending $323,100,000,000 (rough amount to give the population of the US $1000 dollars each) per month would be the best way to spend that money.

4. The money could be spend on better thing, if you had the money to spend (which you don't) it would be better to spend it on schemes to create and help people get jobs, this increases the economy, decrease unemployment, reduces the money spent on the dole, gives meaning to more peoples lives and all this means more tax money which can be spent on more useful stuff to further improve the US quality of life!

adamanimates responds:

I get the opposition! I would kindly suggest the following reading:

1. "in studies of the Mincome experiment in rural Dauphin, Manitoba, in the 1970s, the only two groups who worked significantly less were new mothers and teenagers working to support their families. New mothers spent this time with their infant children, and working teenagers put significant additional time into their schooling.[25] Under Mincome, "the reduction of work effort was modest: about one per cent for men, three per cent for wives, and five per cent for unmarried women."

https://en.wikipedia.org/wiki/Basic_income

2. There was a study done in Mexico recently to test the effects of basic income on inflation.

https://www.vox.com/policy-and-politics/2017/9/20/16256240/mexico-cash-transfer-inflation-basic-income

3. Here is one model of how basic income could be sustainable and affordable. Economists have been calculating different ways to do it in the US since the 60s.

https://medium.com/economicsecproj/how-to-reform-welfare-and-taxes-to-provide-every-american-citizen-with-a-basic-income-bc67d3f4c2b8

4. The money spent on a basic income isn't lost. When lower-income people get money they tend to spend it on what they need, thus providing a stimulus to the economy. That creates jobs and increases tax money.

https://www.vox.com/policy-and-politics/2017/8/30/16220134/universal-basic-income-roosevelt-institute-economic-growth

Credits & Info

Views
12,423
Faves:
40
Votes
278
Score
3.79 / 5.00

Uploaded
Sep 15, 2017
2:49 PM EDT
Genre
Informative