Thursday, July 6, 2017

A Restrictive Economic Idea

Quite an interesting deep dive from Rich Hoffman on why rich liberals, with incredible brilliance in a particular arena, step outside to attempt to curtail our freedom by advocating more governmental control using manipulated economic data.

"Even though they are part of shaping tomorrow technologically, they are still liberals who don’t understand the nature of productivity properly—thus they have nothing to contribute on the really big philosophical issues of our time."














ELON MUSK AND MARK ZUCKERBERG HAVE LOST THEIR MINDS: THE FLAWED FACEBOOK DATA AND ADVOCACY OF UNIVERSAL BASIC INCOME

It is commonplace for those who have achieved at a very high level to forget that items that partnered with their own ambitions, work ethic and intellect to find fame, fortune, and perhaps, fulfillment.

You have to wonder why?

Did they not recognize their ideas fueled by incentive, along with the freedoms that allowed them to test, forecast and most importantly, fail, to reach their goals?

Their ideas about Universal Basic Income are all incorrect.

This effort is not a fix all, or even a band aid. It is another level bureaucracy that place individuals, committees, boards and governing bodies as a restriction on your goals, choices and incentive.

With UBI, rules set forth by the issuers will be put forth, more than likely placing recipients in a box, a box that fits an overlying political agenda of those running the governance.

And without question, as Mr. Hoffman accurately notes, productivity will be lost, taking a whole host of other positive economic byproducts with it allowing government to fill the void, gaining control.

But, isn't that the elephant in the room

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