Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Freedom Dividend

Politics

If You Hate Billionaires Vote for Andrew Yang

Andrew Yang is the only president talking about the dystopian nightmare that could be our future. Yang is one of the few people; and the only prominent US politician, working to prevent that dystopia.

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Opportunities

Automation could kill 11.9 Million Americans’ Jobs in Three Years

Technological unemployment could destabilize the People’s Republic of China, Bloomberg speculates. To explain, IBM predicts automation will kill 50.3 million Chinese jobs over the next three years. Thus, the People’s Republic will need to retrain 50.3 million workers.

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Politics

Conservatives and Progressives must respond to Andrew Yang

Yang is making the most effective and damning critique of American capitalism presented in generations and people are listening.

Yang realized entrepreneurship; and by implication capitalism, technology, and progress, could not solve America’s problems.

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My ThoughtsOpportunities

America needs to pay a Dividend

Sadly, seniors are just one of many groups being ripped off and short-changed in our current economy. Workers receive some of the worst return on their investment (ROI) in exchange for breaking their backs, sacrificing their time, and risking their lives and health on the job.

Disgustingly, the median income for an American man with a job in 2017 was $44,408 a year, the Census Bureau estimates. Meanwhile, the 2017 median income for a woman with a job was $31,610 a year.

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My Thoughts

Workers need a Basic Income because work no longer pays

Therefore, our society no longer values work or workers. In fact, there is now a long list of jobs that our market economy assigns no value to.

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Politics

African Americans Need a Basic Income not Reparations Talk

For instance, Median Household Income for a black American home was $36,651 in 2018, Black Demographics calculates. In contrast, the Median Household income for all American families was $55,332 in 2018.

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Opportunities

What’s Wrong with Andrew Yang’s Basic Income Scheme

Thus a better solution is to pay every parent or guardian a Freedom Dividend for each child. In fact, a Freedom Dividend for each child will give the average middle-class family a $12,000 a year income boost. Note: to Andrew Yang a per-child Freedom Dividend will guarantee you the Soccer Mom vote.

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Opportunities

Can Data Pay for Basic Income?

Essentially, the data dividend takes the theory that “data is the new oil” or the oil of the 21st Century to its logical conclusion.

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