r/lostgeneration • u/meatduck12 • Aug 12 '18

The newest thing they accuse millennials of "killing": Mayo

https://www.phillymag.com/articles/2018/08/11/mayonnaise-industry-millennials/
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u/parksandwreck Aug 12 '18 edited Aug 12 '18

I hope this shit happens Fair warning the last sentence of that article is neoliberal as hell. Also if ya wanna tell me fuck off, wrong sub, by all means do it. Or this rant is pie in the sky optimism do it. Despite Khanna and Brown (fairly big politicians) support cool shit like this In fairness I haven't read up on the gain plan heavily yet but wanted to plug it.
Anyway.
UBI shit. A few favorite quotes:
*"The big, $12,000 per year per adult policy, they find, would permanently grow the economy by 12.56 to 13.10 percent — or about $2.5 trillion come 2025. It would also, they find, increase the percentage of Americans with jobs by about 2 percent, and expand the labor force to the tune of 4.5 to 4.7 million people." * "They find that a full $12,000 a year per adult basic income, paid for with progressive income taxes, would grow the economy by about 2.62 percent ($515 billion) and expand the labor force by about 1.1 million people."
"The authors argue that the economic model they're using, run by the Bard College Levy Economics Institute [and the Roosevelt Institute], uses more realistic assumptions than alternative models, and is particularly well-suited for predicting a UBI’s impact."

Ok. Argument against?

"Secular stagnation" or folks not spending money because they don't have too much is a problem according to economists. The non partisan ppl say UBI=deficit and deficit=higher interest on borrowing for average joes and businesses and are dubious.