California doing it’s own stimulus package now?

squatz1

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Quote from: _Miracle on February 26, 2021, 05:34:06 AM

Quote from: squatz1 on February 25, 2021, 03:07:33 PM

That’s most likely the goal of a lot of this, get the attention off of Newsom and his recall and get it onto something else. Maybe Cuomo will try something similar in NY cause he’s literally fighting for his political life over there.

Sounds like a very expensive initiative that hasn’t been tried before, at least on this scale, and is going to be an interesting thing for people to study in the years to come. This is the reason that the states being ‘laboratories of democracy’s is very interesting and allows for continued innovation.

Doubt this takes off, but I’m not a researcher so who the hell knows if it will go beyond California.

Just so everyone knows, this is a $600 payment to people making under 30k a year which will cost approx $2.3B

"laboratories of democracy"---if only we approached it this way

Newsom is up for re-election next year, the recall is a political angle that has been successful in the past. The Davis recall created a bit of a free for all gubernatorial race in 2003
there are probably better articles but Hoover is in my favorites bar
https://www.hoover.org/research/newsom-recall-lets-first-recall-how-it-happened-gray-davis

As for a permanent state level UBI? Alaska makes more sense in that it has a "hard resource".
Our agriculture wouldn't be a viable source and our tech economy is being put to the test right now, as in: do companies have to be in (expensive) Silicon Valley?
We couldn't even agree on allocating water resources (water wars---still happening and corrupt AF)

Also for real life perspective:
The mortgage on my duplex in South Carolina is less than $600 a month
The space for my RV in California (Silicon Valley adjacent) is $1100. a month

In some ways we do still use the laboratories of democracy to see what works in the states and then it'll be mimicked to some degree on the federal level. Ex: Romney Care and ObamaCare

Highly doubt Newsom is actually going to be recalled -- I think it'll make it to the ballot, but he'll survive. The state is a LOT more liberal today then it was in 2003 when David was recalled. Cuomo on the other hand, I'm not sure what the hell is going to happen to him -- though he can't be recalled, NYS law says so.

_Miracle

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Quote from: squatz1 on February 25, 2021, 03:07:33 PM

That’s most likely the goal of a lot of this, get the attention off of Newsom and his recall and get it onto something else. Maybe Cuomo will try something similar in NY cause he’s literally fighting for his political life over there.

Sounds like a very expensive initiative that hasn’t been tried before, at least on this scale, and is going to be an interesting thing for people to study in the years to come. This is the reason that the states being ‘laboratories of democracy’s is very interesting and allows for continued innovation.

Doubt this takes off, but I’m not a researcher so who the hell knows if it will go beyond California.

Just so everyone knows, this is a $600 payment to people making under 30k a year which will cost approx $2.3B

"laboratories of democracy"---if only we approached it this way

Newsom is up for re-election next year, the recall is a political angle that has been successful in the past. The Davis recall created a bit of a free for all gubernatorial race in 2003
there are probably better articles but Hoover is in my favorites bar
https://www.hoover.org/research/newsom-recall-lets-first-recall-how-it-happened-gray-davis

As for a permanent state level UBI? Alaska makes more sense in that it has a "hard resource".
Our agriculture wouldn't be a viable source and our tech economy is being put to the test right now, as in: do companies have to be in (expensive) Silicon Valley?
We couldn't even agree on allocating water resources (water wars---still happening and corrupt AF)

Also for real life perspective:
The mortgage on my duplex in South Carolina is less than $600 a month
The space for my RV in California (Silicon Valley adjacent) is $1100. a month

_Miracle

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Do due diligence

Quote from: OgNasty on February 25, 2021, 02:19:56 PM

Quote from: _Miracle on February 22, 2021, 11:51:25 PM

Funding UBI (universal basic income) at state level? Interesting concept although it seems as if there are businesses moving out of California because of high cost of living, environmental regs + taxes.

Ya, it seems like an effort to stop the bleeding. The problem is that it will do the opposite. More tax burden on the wealthy while the poor get free handouts making them increasingly dependent upon the government, which is then increasingly dependent on their shrinking tax base. Meanwhile more poor move in for handouts and more wealthy move out to keep more of their earned income. It's a downward spiral that I don't believe can be stopped at this point. California will become a homeless empire with pothole filled roads and shit covered sidewalks while the rest of the country will have to deal with the onslaught of liberals looking to destroy their next state with ridiculous regulations, taxes, and overzealous politics.https://bitcointalk.org/Themes/custom1/images/smflogo.gif

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In this definition
/ˈlib(ə)rəl/

1.
willing to respect or accept behavior or opinions different from one's own; open to new ideas.
2.
relating to or denoting a political and social philosophy that promotes individual rights, civil liberties, democracy, and free enterprise.

Santa Cruz is an excellent visual example of well meaning policies gone wrong.

squatz1

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Quote from: _Miracle on February 22, 2021, 11:51:25 PM

Maybe Gavin Newsom thinks it will help him against his impending recall? ----though the recall effort began right after he was elected so it will likely happen anyways.

One of the articles (that won't hit a paywall)

https://www.latimes.com/california/story/2021-02-22/california-600-stimulus-checks-low-income-residents-grants-small-business-legislature-approves.

Funding UBI (universal basic income) at state level? Interesting concept although it seems as if there are businesses moving out of California because of high cost of living, environmental regs + taxes.

Andrew Yang talked about Alaska in reference to a state currently adopting a form of UBI

https://bigthink.com/politics-current-affairs/andrew-yang-2638970046

"The Alaska Permanent Fund directs oil revenue into a fund that pays Alaskans a yearly dividend, usually between $1,000 and $2,000.
Andrew Yang points to this and other experiments to support the efficacy of a universal basic income.
However, Alaska's model leaves several important questions unanswered."

That’s most likely the goal of a lot of this, get the attention off of Newsom and his recall and get it onto something else. Maybe Cuomo will try something similar in NY cause he’s literally fighting for his political life over there.

Sounds like a very expensive initiative that hasn’t been tried before, at least on this scale, and is going to be an interesting thing for people to study in the years to come. This is the reason that the states being ‘laboratories of democracy’s is very interesting and allows for continued innovation.

Doubt this takes off, but I’m not a researcher so who the hell knows if it will go beyond California.

Just so everyone knows, this is a $600 payment to people making under 30k a year which will cost approx $2.3B

OgNasty

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Quote from: _Miracle on February 22, 2021, 11:51:25 PM

Funding UBI (universal basic income) at state level? Interesting concept although it seems as if there are businesses moving out of California because of high cost of living, environmental regs + taxes.

Ya, it seems like an effort to stop the bleeding. The problem is that it will do the opposite. More tax burden on the wealthy while the poor get free handouts making them increasingly dependent upon the government, which is then increasingly dependent on their shrinking tax base. Meanwhile more poor move in for handouts and more wealthy move out to keep more of their earned income. It's a downward spiral that I don't believe can be stopped at this point. California will become a homeless empire with pothole filled roads and shit covered sidewalks while the rest of the country will have to deal with the onslaught of liberals looking to destroy their next state with ridiculous regulations, taxes, and overzealous politics.

Gyfts

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I can't recall a stimulus being given out on a state level but something slightly close might be Alaska's UBI, as mentioned above. They pay like 1600 bucks a year or something close to that but that's all funded by oil money, so the idea is that all the residents get a piece of the pie.

California is run horribly and I have no idea where they are pulling this money from. Not like they have a homeless crisis or anything, and 600 bucks isn't going to do the job to fix that.

_Miracle

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Maybe Gavin Newsom thinks it will help him against his impending recall? ----though the recall effort began right after he was elected so it will likely happen anyways.

One of the articles (that won't hit a paywall)

https://www.latimes.com/california/story/2021-02-22/california-600-stimulus-checks-low-income-residents-grants-small-business-legislature-approves.

Funding UBI (universal basic income) at state level? Interesting concept although it seems as if there are businesses moving out of California because of high cost of living, environmental regs + taxes.

Andrew Yang talked about Alaska in reference to a state currently adopting a form of UBI

https://bigthink.com/politics-current-affairs/andrew-yang-2638970046

"The Alaska Permanent Fund directs oil revenue into a fund that pays Alaskans a yearly dividend, usually between $1,000 and $2,000.
Andrew Yang points to this and other experiments to support the efficacy of a universal basic income.
However, Alaska's model leaves several important questions unanswered."

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Quote from: OgNasty on February 22, 2021, 10:17:09 PM

$600 checks to low income residents and a lot of grants and fee waivers.

This is something really commendable from the state itself, California is one of the states with the highest number of cases, and with them being in a lockdown for so long, it is only fair to try to raise the spirits of the citizens who have suffered the most with gestures like this.

OgNasty

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I don’t think I’ve ever seen a state do their own stimulus package before. $600 checks to low income residents and a lot of grants and fee waivers.

Has a state ever done this before?

Will this become commonplace?

Any other thoughts on if this is just another step towards universal income?

Topic: California doing it’s own stimulus package now? (Read 118 times)