Yang win against Trump...Yea, alright. Confirmed promotion here. Not really.
I think its a stupid way to buy votes and a nice way for Capitalism to get going into eternity, or a good way to bankrupt America.
When corporations will stop needing people due to automation, the UBI is supposed to come in as charity money so that people can spend it back into the companies, essentially just giving people spending power to keep the companies that do not need the people going.
The solution is not UBI the solution is to fucking get people to work and put a pace to the advent of automation, which will render humans worthless.
The enemy rants and raves how this will create a "worthless people" class in modern societies, who will be needed for nothing. These will be worthless. How long will it be until the "mercy" of corporations runs out on the people?
Free Market economy can adjust its prices to also render the UBI useless. A rent of a thousand today can get to two thousand and there goes the UBI.
The more policies that domesticate people to this level, all the worse.
It sounds great at first but the implications can be bad. Give the government gives not a shit about automation, illegals, and so forth, something has to be done. Yang proposes the UBI as a random solution to a far deeper problem.
So he has a real view of the problem but just throwing money to people is not really going to help. There are far greater issues than giving people money involved here. Giant corporations, and many other things are playing hard ball here.
In the end also it makes one wonder if Yang is some sort of these politicians that are promoted by foreign governments. This is only an assumption. Many Nations who have applied such measures or inflated the welfare system past a point have went bankrupt. There is no reason to say the US cannot be one of them potentially.
I am sure Zuckerberg jacks off daily to the idea that robots that never question him do serve him, and produce him trillions of dollars of wealth, while others in the system are totally impoverished and part of a "worthless class of people", begging him and other corporations for charity money to exist, while the cattle below is only given some bucks to be able to add to the spending process, but not really able to do anything important or be able to demand anything. For this the robot army can take care of that.
Domestication policy such as this is dangerous for the longterm, people need to go for claims and revolts if these things happen and they are permanently displaced. Not peacefully take some little money not enough for life and get it done with.