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Re:Hillary Clinton almost ran for president on a universal b... by whack on Thursday September 14, 2017 @07:01PM (#15253183)
Sounds to me like they weren't willing to really commit to the idea of basic income. For a country the size of America, you can't have any meaningful basic income just by taxing a few specific activities. If you really believe in the idea, you have to go whole-hog and fund it with taxes on the top 1%, 10% and 25%.

There are numerous policies which we've pursued in the past few decades which have paid enormous dividends for the top 1% and 10%, policies such as free trade, immigration and the transition away from manufacturing and towards specialized services. These policies have certainly boosted aggregate GDP and average incomes, but most of the benefits have not trickled down to the median/lower-middle-class Americans.

Unless we take more forceful action soon, reactionary populists like Trump are only going to keep getting more power, and before long, we're going to see a clampdown on free-trade, immigration and technological innovation. We desperately need a program like basic income, that taxes the winners in the economy and provides for those being left behind, so that everyone has a reason to cheer for and participate in national GDP growth. Yes, this means more taxes on people like you and me, but it's well worth it to prevent a populist revolt.

Re:Hillary Clinton almost ran for president on a universal b... by xster on Thursday September 14, 2017 @08:32PM (#15253648)
60% of Democrats voting on a defense budget increase [1] more than double the amount Trump proposed? Of course, insta approval, zero public interest.

You want to lift Americans out of poverty or provide education? Ridiculous pie in the sky.

[1] https://www.forbes.com/sites/eriksherman/2017/07/14/most-hou...

Re:Hillary Clinton almost ran for president on a universal b... by whack on Friday September 15, 2017 @11:46AM (#15258093)
> "For the 2017 fiscal year that ends on September 30, the Obama budget called for $582.7 billion, which included a base budget of $523.9 billion and the "overseas contingency operations (OCO) budget" of $58.8 billion. The Trump administration ... requested $574.5 billion in base budget and $64.6 billion in OCO for a total of $639.1 billion... Today, the House passed a $696.5 billion defense bill that makes Trump's look positively reasonable in comparison"

The budget increase was ~$110B. Which comes out to ~$360/year for each American citizen. I'm all in favor of cutting military funding, but that's not going to generate nearly enough revenue to fund a meaningful basic-income program.

Re:Hillary Clinton almost ran for president on a universal b... by xster on Friday September 15, 2017 @05:01PM (#15260750)
Sorry, it was an overly snarky comment.

I don't think any basic income proponents are suggesting that it be funded as a purely net-additive expense on the budget. I wasn't necessarily suggesting that we can get basic income while keeping all existing social welfare by cutting other non social welfare related expenses.

I'm just saying that a more equitable amount of public interest in a Pentagon that 'lost' 6.5 trillion in funny accounting would be helpful to basic income too, in a supplemental way. I didn't mean to let it exclude discussions on a 'primary' way of funding basic income on the budget.

Re:Hillary Clinton almost ran for president on a universal b... by matt_wulfeck on Thursday September 14, 2017 @07:22PM (#15253313)
I guess "reactionary populist" is squarely in the eye of the beholder, because I would consider any candidate proposing such drastic redistribution of wealth to be a reactionary populist also.
Re:Hillary Clinton almost ran for president on a universal b... by ganeshkrishnan on Thursday September 14, 2017 @07:34PM (#15253381)
>candidate proposing such drastic redistribution of wealth to

Except this is unlikely and not happening now. Hillary could have exaggerated and talked about basic income but she didn't and lost a populist movement.

Re:Hillary Clinton almost ran for president on a universal b... by thatonechad on Thursday September 14, 2017 @07:22PM (#15253311)
Does this happen before or after we pay the 20 trillion in debt we are?