Topic: FAO: Minichan economics experts Re: DOGE dividends
Anonymous A started this discussion 11 months ago #123,932
Explain to me why this is a very incredibly bad idea and how it's completely different from UBI but also would never work and how much you hate Trump. Thanks.
Anonymous B joined in and replied with this 11 months ago, 45 minutes later[^] [v] #1,348,995
"tax paying families" - just flipping the spigot to employed folks (which there are less of now) instead of the "welfare queens"
aka buying votes from your base
aka buying votes from your base
Anonymous C joined in and replied with this 11 months ago, 14 minutes later, 1 hour after the original post[^] [v] #1,348,997
Anonymous D joined in and replied with this 11 months ago, 53 minutes later, 1 hour after the original post[^] [v] #1,349,003
@previous (C)
It specifies folks that file/pay taxes, so that will exclude people not paying into the system. It's totally a tax rebate. It's an interesting approach though for future discussion - rather than UBI, this would require some investment in effort on the part of the recipient. It won't be as helpful for bums and unemployed folk and that seems intentional here.
It specifies folks that file/pay taxes, so that will exclude people not paying into the system. It's totally a tax rebate. It's an interesting approach though for future discussion - rather than UBI, this would require some investment in effort on the part of the recipient. It won't be as helpful for bums and unemployed folk and that seems intentional here.
Anonymous E joined in and replied with this 11 months ago, 1 hour later, 3 hours after the original post[^] [v] #1,349,024
I hate Musk and he's destroying the government, but I'll take the damn money.
Anonymous C replied with this 11 months ago, 19 minutes later, 3 hours after the original post[^] [v] #1,349,029
Anonymous E replied with this 11 months ago, 31 minutes later, 4 hours after the original post[^] [v] #1,349,032
@previous (C)
Eliminating entire departments necessary to functioning, firing people who keep the nukes safe, etc.
Eliminating entire departments necessary to functioning, firing people who keep the nukes safe, etc.
Anonymous C replied with this 11 months ago, 30 minutes later, 4 hours after the original post[^] [v] #1,349,034
@previous (E)
> Eliminating entire departments necessary to functioning
which are?
> firing people who keep the nukes safe
based
> Eliminating entire departments necessary to functioning
which are?
> firing people who keep the nukes safe
based
Anonymous A (OP) replied with this 11 months ago, 1 week later, 1 week after the original post[^] [v] #1,350,562
@1,349,032 (E)> Eliminating entire departments necessary to functioning, firing people who keep the nukes safe, etc.
Fake anon !ZkUt8arUCU joined in and replied with this 11 months ago, 10 hours later, 1 week after the original post[^] [v] #1,350,680
A 1 time payment of 5k isn't ubi it's a stimulus check and passing a stimulus check when there's inflation concerns is probably not going to stop prices from increasing. Also the budget trump and musk want massively increases the deficit and debt by an order of magnitude or two more than the actual realized doge "savings".
Anonymous A (OP) replied with this 11 months ago, 2 hours later, 1 week after the original post[^] [v] #1,350,699
@previous (Fake anon !ZkUt8arUCU)Right, it's not UBI... yet! But the hypothetical DOGE dividend would be recurring payments, not a one time stimulus check and thus the mere mention of this idea on the national stage shifts the overton window on UBI, potentially allowing a framework to be developed for a much needed national UBI program. The singularity approaches.
(Edited 58 seconds later.)
Anonymous G joined in and replied with this 11 months ago, 2 minutes later, 1 week after the original post[^] [v] #1,350,700
@1,350,680 (Fake anon !ZkUt8arUCU)
They aren't increasing the money supply, because the dollars already existed and were already planned to be spent.
They're just reallocating that money away from government spending to personal spending. Money supply stays the same.
They aren't increasing the money supply, because the dollars already existed and were already planned to be spent.
They're just reallocating that money away from government spending to personal spending. Money supply stays the same.
Anonymous A (OP) replied with this 11 months ago, 1 minute later, 1 week after the original post[^] [v] #1,350,701
@previous (G)
> They aren't increasing the money supply, because the dollars already existed and were already planned to be spent.
>
> They're just reallocating that money away from government spending to personal spending. Money supply stays the same.
This too
> They aren't increasing the money supply, because the dollars already existed and were already planned to be spent.
>
> They're just reallocating that money away from government spending to personal spending. Money supply stays the same.
This too
(Edited 11 seconds later.)
Fake anon !ZkUt8arUCU replied with this 11 months ago, 57 minutes later, 1 week after the original post[^] [v] #1,350,714
@1,350,699 (A)
This seems implausible.
@1,350,700 (G)
The $5,000 number is made up. DOGE hasn't saved five thousand dollars per adult citizen per year. They claim to have saved $68 billion (which is also fake), but even by that number you are looking at something like 30 dollars per adult.
This seems implausible.
@1,350,700 (G)
The $5,000 number is made up. DOGE hasn't saved five thousand dollars per adult citizen per year. They claim to have saved $68 billion (which is also fake), but even by that number you are looking at something like 30 dollars per adult.
(Edited 1 minute later.)
Anonymous G replied with this 11 months ago, 57 minutes later, 1 week after the original post[^] [v] #1,350,723
@previous (Fake anon !ZkUt8arUCU)
It adds up because the $5,000 is only once, and the positions they are cutting make more than that in raw monthly salary alone. Even more when you include benefits, payroll taxes, office rent+supplies, insurance, and everything else. The savings after a few years means one firing can pay for tens of checks.
Once the NGO grants, welfare payments, SS fraud are cut that's more.
It adds up because the $5,000 is only once, and the positions they are cutting make more than that in raw monthly salary alone. Even more when you include benefits, payroll taxes, office rent+supplies, insurance, and everything else. The savings after a few years means one firing can pay for tens of checks.
Once the NGO grants, welfare payments, SS fraud are cut that's more.
Fake anon !ZkUt8arUCU replied with this 11 months ago, 23 minutes later, 1 week after the original post[^] [v] #1,350,728
@previous (G)
> It adds up because the $5,000 is only once, and the positions they are cutting make more than that in raw monthly salary alone
5000 dollars to 280 million adults is 1.4 trillion dollars. Please feel free to explain the total DOGE savings that add up to $1.4 trillion. Right now we are at 56 billion allegedly. You have $1.344 trillion to go.
> It adds up because the $5,000 is only once, and the positions they are cutting make more than that in raw monthly salary alone
5000 dollars to 280 million adults is 1.4 trillion dollars. Please feel free to explain the total DOGE savings that add up to $1.4 trillion. Right now we are at 56 billion allegedly. You have $1.344 trillion to go.
(Edited 32 seconds later.)
Anonymous H joined in and replied with this 11 months ago, 58 minutes later, 1 week after the original post[^] [v] #1,350,742
@previous (Fake anon !ZkUt8arUCU)
While it is very nice to see this retardation being easily taken apart, I don't think that that will stops anons A and G from saying it is good.
While it is very nice to see this retardation being easily taken apart, I don't think that that will stops anons A and G from saying it is good.
Anonymous G replied with this 11 months ago, 11 minutes later, 1 week after the original post[^] [v] #1,350,748
@1,350,728 (Fake anon !ZkUt8arUCU)
They said it would be a tax rebate, so it's not all adults.
If they could give out half that in stimulus check without budget cuts, then trimming down most of the spending of the biggest organization in the country will be enough.
They said it would be a tax rebate, so it's not all adults.
If they could give out half that in stimulus check without budget cuts, then trimming down most of the spending of the biggest organization in the country will be enough.
Anonymous E replied with this 11 months ago, 19 minutes later, 1 week after the original post[^] [v] #1,350,753
lol you MAGA idiots think you're getting a check
Fake anon !ZkUt8arUCU replied with this 11 months ago, 57 seconds later, 1 week after the original post[^] [v] #1,350,754
@1,350,748 (G)
Ok. How many adults will get $5,000 and what specifically are the cuts required to make that balance out?
Ok. How many adults will get $5,000 and what specifically are the cuts required to make that balance out?
Anonymous A (OP) replied with this 11 months ago, 3 minutes later, 1 week after the original post[^] [v] #1,350,756
@1,350,728 (Fake anon !ZkUt8arUCU)
> Please feel free to explain the total DOGE savings that add up to $1.4 trillion. Right now we are at 56 billion allegedly. You have $1.344 trillion to go.
Wrong. The DOGE dividend would only be disbursed to those who actually paid taxes. So a one time DOGE payment would only "cost" $0.4T … that rounds down to zero trillion-dollars, thanks. It's practically free to do this!
> Please feel free to explain the total DOGE savings that add up to $1.4 trillion. Right now we are at 56 billion allegedly. You have $1.344 trillion to go.
Wrong. The DOGE dividend would only be disbursed to those who actually paid taxes. So a one time DOGE payment would only "cost" $0.4T … that rounds down to zero trillion-dollars, thanks. It's practically free to do this!
(Edited 1 minute later.)
Anonymous E replied with this 11 months ago, 2 minutes later, 1 week after the original post[^] [v] #1,350,758
Anonymous A (OP) replied with this 11 months ago, 5 minutes later, 1 week after the original post[^] [v] #1,350,759
@previous (E)
I don't care about a piddling $5000 check, Matt. It will be fun to watch you go apeshit over not getting one when I do though
I don't care about a piddling $5000 check, Matt. It will be fun to watch you go apeshit over not getting one when I do though
Anonymous E replied with this 11 months ago, 57 seconds later, 1 week after the original post[^] [v] #1,350,760
Anonymous A (OP) replied with this 11 months ago, 56 seconds later, 1 week after the original post[^] [v] #1,350,761
Fake anon !ZkUt8arUCU replied with this 11 months ago, 10 minutes later, 1 week after the original post[^] [v] #1,350,767
@1,350,756 (A)
That is still like 8x the current stated savings from DOGE and probably 25x to 100x the actual non-propagandized savings.
That is still like 8x the current stated savings from DOGE and probably 25x to 100x the actual non-propagandized savings.