$1000 to someone with $100,000 in their bank is like $1 to someone with $100,000,000 in their bank.
A banana still costs $10 for everyone
A universal basic income to the ultra wealthy would be perceived by them as being given a couple pennies every month
Submitted 3 weeks ago by 3volver@lemmy.world to showerthoughts@lemmy.world
Comments
distantsounds@lemmy.world 3 weeks ago
platypode@sh.itjust.works 3 weeks ago
Where tf do you live that a banana is $10?
FartsWithAnAccent@fedia.io 3 weeks ago
They probably live in the Bananas Stand.
There's always money in the Banana Stand.
Dagwood222@lemm.ee 3 weeks ago
It’s a pretty famous joke from the old show ‘Arrested Development.’ A rich matron asks ‘how much can a banana cost? $10?’
distantsounds@lemmy.world 3 weeks ago
In my own world.
nixx@lemmy.ca 3 weeks ago
It’s a meme from the show Arrested Development
Jimbo@yiffit.net 3 weeks ago
Oh we’ll get there one day
Rentlar@lemmy.ca 3 weeks ago
Did you mean: $1000 to someone with 100M in their bank is like $1 to someone with 100k?
zkfcfbzr@lemmy.world 3 weeks ago
$1000 to someone with $100,000 is like $1,000,000 to someone with $100,000,000. To make your point you’d have to do it backwards: $1000 to someone with $100,000,000 is like $1 to someone with $100,000.
3volver@lemmy.world 3 weeks ago
The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.
Yea, I rewrote it in a way that makes more sense. The word “like” was the wrong choice, as it assumes I’m trying to compare proportionally.
possiblylinux127@lemmy.zip 3 weeks ago
Can we keep this kind of political rhetoric off of shower thoughts please?
rockerface@lemm.ee 3 weeks ago
Not sure when poor people being able to survive had become politics, but you do you
possiblylinux127@lemmy.zip 3 weeks ago
When it involves terms like “universal basic income” it becomes political.
I just don’t like seeing left propaganda all over Lemmy. If you want to create community fine as I believe in free speech but don’t pollute other communities with your beliefs. I’ve noticed that Lemmy has gotten a less political overall but I still have noticed bad moderators for time to time.
Dark_Arc@social.packetloss.gg 3 weeks ago
You are literally extracting the political token of why universal basic income is helpful, and then claiming that it’s “not political”…?
loobkoob@kbin.social 3 weeks ago
I agree. As much as I agree with the idea of universal basic income - because I think supporting society while reducing the work necessary is something we should aim for, because it's the best way to ensure everyone gets a fair lot in life and because I think it's a necessity with the direction the labour market is heading - this isn't really the kind of thing I want to see in this community, personally. Hell, UBI doesn't really have much to do with the thought of "if X is Y% of Z then 1000X is Y% of 1000Z" - it's just basic maths really (and OP seems to have got the maths wrong, too).
3volver@lemmy.world 3 weeks ago
I got it backwards, and rewrote it very clearly,
The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.
Patrizsche@lemmy.ca 3 weeks ago
You got it backwards of course
1rre@discuss.tchncs.de 2 weeks ago
Except that’s only how it works mathematically, not in practice due to human nature. Perceived value of money would be something really interesting to study as there’s just so many variables of which wealth is one, but I’m not even sure it’s the most important when compared to upbringinging, source of money (do you work for it, even if you’re overpaid, vs winning the lottery/being a parasite like selling mineral rights or buying properties and getting a management company you’re not involved in to rent them out etc.) and others
jeffw@lemmy.world 3 weeks ago
Which is one of the reasons I actually oppose UBI. Also, in practice, it will be used to replace SSI, not enhance it. At least in the USA, a better answer is fixing and expanding the SSI and Social Security system. People making 6 figures don’t need an extra $1k a month or whatever figure people want to suggest. But giving very poor people an extra $2k, moderately poor people $1k, etc. would be a bigger help. And the idea would be if you make $2 or $3 more dollars, you lose $1 in support.
grue@lemmy.world 3 weeks ago
That’s just pointless extra bureaucracy.
jeffw@lemmy.world 3 weeks ago
Ok, the alternative is removing SSI, which is always how it’s been presented in the USA. People always get excited and never read the full language in proposals.
intensely_human@lemm.ee 3 weeks ago
What is the cutoff point, where someone making more than that amount can use an extra $1k, but not someone making that amount?
jeffw@lemmy.world 3 weeks ago
It decreases with income, as I said. If we give $2,000 to everyone making under $60k, for example, then decrease it for every few bucks you make. You’d probably have to do something like a 10:1 ratio where is you make $60,010, you’d get $1999 and so on. That would mean people making $80k or more don’t get anything. And they don’t really need it anyway.
But regardless, UBI, even under Yang, is always an attempt to destroy our current welfare system.
Dagwood222@lemm.ee 3 weeks ago
Back in the day, a local New York City humor magazine decided to find the cheapest rich person in New York.
They set up a bank account and mailed a bunch of rich people a check for about $2.50. Half didn’t bother to cash it, and were eliminated.
They kept lowering the amount, until it was 13 cents. Only Donald Trump and an arms dealer cashed a check worth a dime and three pennies.
Kolanaki@yiffit.net 3 weeks ago
They should have kept going until the arms dealer stopped cashing checks.