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A comment on Jack Dorsey is giving Andrew Yang $5M to build the case for a basic income. Parent comment

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by jm4 on Thursday May 21, 2020 @08:21PM (#23267303)
What profit sharing when we run a deficit every year?
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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by istorical on Thursday May 21, 2020 @09:13PM (#23267699)
who is? the human race or national governments? those two are not the same.

wealth and GDP is growing faster than the cost of living in absolute terms.

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by sthomas1618 on Thursday May 21, 2020 @09:30PM (#23267800)
As long as the GDP grows faster then the deficit/interest, we’re good.
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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by keeganpoppen on Thursday May 21, 2020 @09:36PM (#23267838)
has that been happening? i guess so, in some sense, because the interest rate is "0"...
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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by jerrysievert on Thursday May 21, 2020 @08:43PM (#23267479)
and when we're not running a deficit, we're suddenly running a deficit.

I'm in favor of basic income, but tying it to "profit sharing" is just silly.

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