Andrew Yang Hasn’t Done the Math

By ocean-kat on Fri, 04/16/2021 - 7:00pm |

What I do know is that Yang’s big ideas are demonstrably wrong. Shouldn’t that be cause for concern? Yang’s claim to fame is his argument that we’re facing social and economic crises because rapid automation is destroying good jobs and that the solution is universal basic income, a monthly check of $1,000 to every American adult. Many people find that argument persuasive, and one can imagine a world in which both Yang’s diagnosis and his prescription would be right. But that’s not the world we’re living in now, and there’s little indication that it’s where we’re going any time soon.

URL:

https://www.nytimes.com/2021/04/15/opinion/andrew-yang-automation.html

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You can automate warehouses - Wendy's still not there. You won't automate much of healthcare, childcare, education, housing, even fire protection & policing. Growing food has some efficiencies, but still far from robot grown for most things. Even cars & trucks won't be full self-driving til 2039 or later. Our biggest automation is annoying marketing, which is largely self-congratulatory.

pH7 North Carolina

The four most important things in a big northern city are, in alphabetical order, fire protection, garbage collection, police protection, and snow removal. Give citizens a clean, safe city and, for the most part, they will take care of themselves economically. Get any one of those things wrong and your reign will be a failure.

PaulKrugman

@pH7 Those are important. But so are health care, child care, education, decent housing, and having enough to eat. Unfortunately having a clean safe city doesn't guarantee these other things.

by PeraclesPlease on Sat, 04/17/2021 - 9:54am

The Millennial Affordability Crisis is f'ing real.

- college in the 2000s
- apartments in the 2010s
- houses in the 2020s
- stocks in the 2030s
...

This generation is like an elephant of sector-by-sector micro-inflation passing through the snake of lifecycle purchases. https://t.co/mOxpVZQ5zo
— Derek Thompson (@DKThomp) April 19, 2021

by PeraclesPlease on Tue, 04/20/2021 - 4:09am

Speaking of not doing math

Funny you mention it. This popped up on my screen today.https://t.co/kfpVzvb2S0
— Yeegrek (@Yeegrek) April 21, 2021

by PeraclesPlease on Thu, 04/22/2021 - 7:08am

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