Chicago just approved one of the US's largest basic-income pilots: $500 monthly payments for 5,000 p

Discussion in 'Economics' started by ipatent, Oct 27, 2021.

  1. wrbtrader


    The five largest families I personally know in Chicago:
    • Italian Family - 10 kids (two lawyers among them)
    • Hispanic Family - 8 kids (one police officer and one doctor among them)
    • Indigenous Family - 7 kids (two doctors and two nurses among them)
    • French Family - 6 kids (one doctor, two nurses, one firefighter, and one city council member)
    • Black Family - 5 kids (all 5 in at Notre Dame, one at Northern Iowa...I can't remember the universities of the others)
    Regardless, in the old days (referring to my grandparents when they were alive), having a large family was something promoted and tradition. I saw this in South Dakota and France...there were no government handouts (money) to encourage more babies.
    • Grandfather in France had 12 siblings and Grandmother in South Dakota had 10 siblings.
    Simply, back in those coin a phrase by @Overnight that recently stated about people in India...

    They just fuck and fuck and fuck.

    P.S. Unwed mothers skyrocketed since the 1960s...lots of love, peace and rock n roll...years of the hippies (love with no attachments) and protest. :rolleyes:

    Last edited: Nov 3, 2021
    #11     Nov 3, 2021
    Nobert likes this.
  2. wrbtrader


    I'm unsure about why they call this the largest "universal basic income" and act like it's something new...
    • It's been used in various places in the United States and all over the world for many many years in different forms.
    Two places that I know are Alaska and North Carolina. Success stories have been less poverty, higher academic performance, higher high school graduation, less mental health issues, decreased addiction / crime, individuals are happier, less stressed and etc...overall costing communities less money had help not been given.
    • Yet, it does encourage families to have more kids but those children perform better as mentioned above.
    I don't think it's going to gain too much political complaints because it's been used since the 1970s but only in areas that the population "needed" growth and "needed" to be lifted out of poverty.
    • Also, not known to most, it has produced one of the wealthiest communities in the United States via Casino revenue being shared with those that live in the community.
    It's like listening to people complain about social welfare programs when they don't realize the U.S. military / VA Hospital is one of the biggest social welfare programs in the world.

    Last edited: Nov 3, 2021
    #12     Nov 3, 2021
    Nobert likes this.
  3. wrbtrader


    Research and studies of the existing universal basic income programs show that the money is put into the family as I've outlined in my prior message post...that's for the programs in the United States.
    • In comparison, similar programs abroad have been a bigger success.
    Yet, the biggest success in the United States...its has produced some of the wealthiest neighborhoods in the country without getting money from the government. It did something a little different via revenue from Casinos...
    • Not just wealthy neighborhoods...low crime too. :D
    Think about this, the next time you visit a casino, place a bet or buy a lottery're helping some kid somewhere to become a better American in the United States. :sneaky:


    P.S. I don't understand the "robots" connection.

    Possible Connection - Elon Musk says we need universal basic income because 'in the future, physical work will be a choice' Elon Musk said that with the rise of robots, universal basic income will be necessary in the future. Musk is working on creating a robot that would do mundane tasks so humans don't have to.

    Last edited: Nov 3, 2021
    #13     Nov 3, 2021
    destriero likes this.
  4. destriero


    When do you leave for Humboldt Park?
    #14     Nov 3, 2021
  5. Sig


    All poor people use drugs and shoot each other with illegal guns. They should all die as a result. Are you trolling or are you really a sociopath?
    #15     Nov 3, 2021
  6. %%
    Good points/the market is doing that in Detroit\
    had so many people move away from that socialist mess, they torn down home so people could plant urban gardens..................................................................... But good news/ victory IN VA= less dem gov................................................................
    #16     Nov 3, 2021
  7. 500 bucks a month is nothing. Any kid in the hood can make that before noon on any given day slinging dope. Poverty leads to crime and the first order in fighting poverty is to stop these broads from spitting out kids like a pez dispenser. New policy. First kid, you get your check. Second kid you get another check and sterilization. And some can tell these "grown ass man" types that respect comes AFTER taking care of your responsibilities. Sterilize those mf'ers too.
    #17     Nov 3, 2021
  8. destriero


    Fucking Nazi creep. I'd turn you into a hand puppet.
    #18     Nov 3, 2021
  9. themickey


    If they would issue a type card which could not be used in Casinos, bottle shops/alcohol, lottery tickets would be an idea, but it's always gonna be difficult to control, ie, buying fuel then selling it for cash, then buying drugs.
    #19     Nov 3, 2021
  10. wrbtrader


    It could be rigged in that the 5000 people that were selected are highly likely to use the money for their family to show the universal basic income program will be successful as the other ones in the United States and around the world.

    Joking aside, they're doing it because there's historical data that it works as in people have not been buying drugs considering here in the United States they've been using the money towards paying their utilities.

    I'm more interested to see what happens if this is successful in Chicago and they then plan to expand it to other communities in Chicago...doing such would imply less scrutiny of those that receive the UBI...

    Also, maybe Elon Musk is onto something... the rise of the robots. :D

    P.S. Any robotics companies in Chicago ??? If so, are they publicly traded ??? :rolleyes:

    #20     Nov 3, 2021
    themickey likes this.