@umbrarchist
I don't know where. I have guesses but universal basic income if implemented is going to be such a large volume of money, the upper echelons of finance and power will have to have a say in it.
@ProfD
hmm 350 million is approximately the population in the usa. ten percent is 35 million. One percent is three point five million. so circa fifty two point five million need to be umemployed. Isn't that number already unemployed in the usa?
white people say
https://theworlddata.com/welfare-statistics-in-us/
The welfare system in America 2025 continues to serve as a critical safety net for millions of individuals and families facing economic hardship across the nation. These comprehensive programs provide essential support through food assistance, cash benefits, healthcare coverage, housing aid, and tax credits designed to help low-income households meet their basic needs. The United States welfare programs include major initiatives such as the Supplemental Nutrition Assistance Program (SNAP), Medicaid, Temporary Assistance for Needy Families (TANF), Housing Choice Vouchers, and the Earned Income Tax Credit (EITC), all administered by various federal agencies in partnership with state and local governments.
As of 2025, the total government spending on welfare across federal, state, and local levels reached approximately $1.5 trillion, with Medicaid accounting for $742 billion and other welfare programs totaling $757 billion. These programs collectively assist more than 72.5 million Americans during an average month, representing a substantial portion of the population that relies on government assistance to address food insecurity, healthcare access, housing stability, and income support. The welfare landscape reflects ongoing economic challenges, demographic shifts, and policy adjustments aimed at balancing assistance needs with fiscal responsibility while maintaining program integrity and effectiveness.
the CPS says that only 4.4% of the population is unemployed but that makes no sense , because most children don't work.
if the usa has three hundred and fifty million people and one percent of three hundred and fifty million people is three million and five hundred thousand people, then five percent is seventeen million and five hundred thousand. So the metropolitan populace of NYC is twenty three million.
If we round and measure loosely, then the population of NYC metropolitan is unemployed and the rest of the usa population is working, man woman and child. that is a lie. And with at least 72 million americans receiving assistance, I argue why is that number less relevant than unemployed? Why is it the horde of mcdonalds/wendy's workers who allow for unemployment percentage to be low more important than most of them have public assistance?
figures from here
https://www.bls.gov/cps/latest-numbers.htm
The way the department of labor and others calculates labor is statistically manufactured.
https://www.dol.gov/agencies/wb/data/Employment-Unemployment
In summary, since this is the economic corner, the idea of universal basic income being needed with unemployment at 15% is dysfunctional for me. the unemployment percentage must first be recalculated with the intention of honest first and if it can't be then it is time to use the percentage of financially assisted people, cause if you need financial assistance, you are poor. And said people needing financial assistance is already over the fifteen percent threshold you state.
@Pioneer1
good questions, financially valid question/issues you raise. all of them are in the debates now, you know. those in power will dictate the details. I can only add what I think on the three questions. What will exactly happen? I don't know. UBI is a big thing financially. it is a game changer so whatever happens, and even if it doesn't happen, will have repercussions. Before I speak on the questions/issues and state my cases. If UBI don't happen. then violence will grow and i guess the police state industry will grow. but I don't see how industries in the usa can continually raise prices and the violence from the masses not reach a potency unable to be contained or controlled by the police state. But, maybe SCrumpt is beginning that era. I Don't see how it can survive for two hundred and fifty years with the source of the violence being industries in the usa making cost of living too high. You can have drones and machine cops and electronic distinct security systems and tagging people to quell violence but I don't see how that can last over a hundred years with the violence inevitably having to grow with the way the industries raise the cost of living. And I want to end my introduction saying again, Pioneer, you and many black people I have heard or read in my lifetime talk about the rule of law. and it has a heritage for black people in the usa. We were enslaved to whites. before the usa was founded. The law, not black violence towards whites, not black fiscal activity when whites allowed, has been how black people have personally or financially grown in these lands from european colonial circa 1492 to 2026. So breaking the law is big, cause the black populace in the usa never had the ability to
grant welfare checks to failed black businesses, like the white populace did for whites who completely failed their businesses
offer free land to penniless blacks, like the white populace did for penniless whites
offer unevenly paid labor to penniless blacks, like the white populace did for penniless whites
So I get it.Black people have always been in an uneven financial /legal environment in the usa, negatively biased or negatively favored to us. But 2026 and the coming future, we have to change how we talk about ourselves when it comes to the law.
well onto my thoughts to your questions and remember, I Don't know what will happen. yes I have opinions but, we will all see , what happens.
it makes sense that breaking the law will reduce the income you get. The usa has a long heritage of legal precedence like that especially concerning black people, with one caveat that only in the late 1900s did black people have enough elected officials to even remotely look out for black interest.
Your forgetting cost of living? even if UBI was given right now, if it doesn't come with manipulations to cost of living industries, especially the real estate industry, then it doesn't offer a change in the current situation even if implemented and I argue this is why it is going through this long process. Because three industries will need to be overhauled completely: health/home/food. the health industry keeps going up and up in cost, that has to stop. rents or real estate evaluations keep going up and up, that has to stop. Food costs keep going up and up, that has to stop. IF those three things don't stop going up and up unendingly then UBI will be dysfunctional if not instantly , eventually, once implemented.
Arguably all the financial industries including fiscal scams need the door closed on said industries. thus a process. And that goes back to the heritage of financial scams. Again, how much money would black people have if not for white burnings of our towns, white thefts of property and money. how much if not for enslavement to whites. how much if not sharecropping to whites. sharecropping is no different than the financial scams of today. The strongest financial heritage of the usa is financial scams in fiscal capitalism and blaming the people abused not the scammer, whether the scammer be an enslaver committing a legal criminal act or sheriff using their badge/status to evade prosecution of their illegalities or crimes or whomever... including specific types of other black people. Said specific types aren't thieves and drug dealers. Said specific types are black churches who scam and cheat money for the community, black home owners who scam and cheat black renters. black elected officials who scame and cheat money through legislation.
inflation is headed to an untenable place, before UBI.
The reality UBI's philosophical opponent is the uneven bootstraps personal accountability model which was always disingenuous.
That is how the fiat business model in the 1970s got to this point. The idea of printing your own money backed by your military isn't new, but the usa's white populace in control , in cheap hindsight, made a huge error. It was so worried about diminishing white wealth at the top that it allowed administrative inefficiencies to fester and thrive in at the fiscal top of the ownership/shareholder class till now the entire business community in the usa is filled with welfare recipients, who are completely safe from the bootstrap personal accountability narrative, ala too big too fail.
If I look at the usa from the 1970s, the airline industry completely failed at least three times. The oil industry failed once. The automotive industry completely or 90% failed two times. The banking industry completely failed two times. The film industry completely failed three times. The crypto industry completely failed two times. The real estate industry completely failed three times. The electronics industry completely failed once. Many other industries like hospitals or fast food chains have slashed their inefficient buildups like star bucks or some hospital chains.
What is my point?
The biggest inflationary generator is the welfare state for all the failed firms. The following firms based on their financial history had at least one year where they were completely bankrupt, bankrupt defined as unable to pay their bills after four quarters, and didn't go into bankruptcy that year but were allowed to retain existence through legal but financially uneven means
welfare check from the government which the government paid by printing money
some sale to another firm who grew its debt to buy the carcass
debts paid through the stock market which has in itself unregulated or financially uneven actors who added debt to themselves to buy shares
Apple
NEtflix
Google
General Motors
Warner Bros
Chrysler
Facebook
OpenAI
twitter
all the airlines
a number of theater chains
mall chains
starbucks and many other fast food chains
am*zon
exxon
goldman sachs
jp morgan
General electric
universal studios
most bitcoins or datamined currencies
most ai systems
most hospital chains
most real estate
sony, not even in the usa but i read that it is actually mostly owned, through shares, by people in the usa.
many retirement plans, not all but many
I can't think of one firm or financial institution touted heavily in media in the usa that hasn't gone bankrupt as I see it in the past fifty years and should not exist today then if one treats all firms or financial institutions the same way
So, saving all those firms above is the cause of inflation Pioneer in the past fifty years. Cause whether it is
the government printing money adding debt to the federal government
other firms adding debt to pay for their carcasses
new/old shareholders adding debt to pay for the shares of their carcasses
I don't see any financially even reason why any of those firms mentioned above and most of their peers in the usa should exist today. They are all failed firms, and for the investment banks/automotive companies/crypto/real estate industries I was aware for them, I was present of mind to see each of them have a complete financial collapse. So no one can give me any financially valid reason those four sectors should exist with the actors they do today.
Goldman should completely liquidated. To this day I still hear black people, goldman got those MIT graduates. Well, clearly MIT doesn't help a financial firm with billions of dollars of transactions per year, arguably the most of any financial firm in the world save itself from receivership. The Goldman with all their MIT graduates went to Washington DC and begged for a welfare check and got it. so... I don't want to hear about some black person somewhere with their few hundred grand mismanaging money and not warranting aid this way or that way.
Crypto , again with all the asians , especially chinese, and supposedly smart folk , completely collapsed. Where was china's genious work force to save crypto? Instead a bunch of rich people with the help of Goldman and company, already saved by welfare check, bought up all the crypto assets with debt. again.. I don't want to hear about some black person on a nine to five job mishandling funds not warranting aid this way or that way.
The automotive companies who at one time in human history had a over ninety percent market share of the global automotive industry, was given a welfare check by the government. I read ford didn't want the check and was going to refinance, which means add debt to cover the expenses of the firm, but the federal government didn't allow that for some reason, one day I will research and hopefully see why the federal government didn't allow it. So don't tell me about some black athlete who wasted millions not warranting aid this way or that way.
The real estate industry has collapsed multiple times and yet, somehow is allowed to be continually refinanced through debt. The real estate industry was even allowed to continue operation in NYC when small businesses were forced to close. why? If the construction workers can keep building buildings while the virus is about why are small businesses forced to shut down for the virus? The real estate industry was so indebted that it was allowed to skip the shutdown that many other industries were forced to do, which hurt and hindered many other industries. So, again, don't speak to me about a black homeless person not getting their act together and not warranting aid this way or that.
And my talk of warranting aid this way or that way completes the circle on universal basic income. The USA as it did after
the war between the states, letting completely impoverished formerly rich white southerners retain their property and financial accounts, not treating them like benedict arnolds, and allowing them to continue financially uneven hiring practices through jim crow era.
the second white european imperial war, commonly called war world 2, letting completely impoverished formerly rich white europeans in western europe or white asians in japan recover their real estate, bank accounts plus giving them welfare checks worth their entire industrial or financial footing today.
has saved countless completely impoverished formerly rich whites, and some non whites in the usa retain their wealth through an unbounded debt allowances.
So adding inflation for giving the fiscal poor money in my eyes is at the most financially warranted or at the least financially allowable based on recent past precedence.