ZUCKERBERG NEEDS TO PUT HIS MONEY WHERE HIS MOUTH IS

He wants the government to give everyone a wages check.

Maybe he and his liberal billionaire pals ought to start by giving away all their money to people and then draw a salary allowing them to find a cheap two bedroom apartment and a 10 year old used car to go all their shopping at Wal-Mart.

Following a trip to Alaska, Facebook CEO Mark Zuckerberg recently wrote a blog post defending — yet again — the idea of establishing a form of basic income in the U.S.

Zuckerberg said he supported Alaska’s Permanent Fund Dividend, which pools money from the state’s oil revenue and returns it to residents at the end of the year. In 2016, that dividend amounted to $1,022 per eligible resident.

He used his experience at Facebook to explain how the economics of human condition can change for the better if people are given a basic income to live off, such as the Permanent Fund Dividend in Alaska.

“Seeing how Alaska put this dividend in place reminded me of a lesson I learned early at Facebook: organizations think profoundly differently when they’re profitable than when they’re in debt,” Zuckerberg wrote. “When you’re losing money, your mentality is largely about survival. But when you’re profitable, you’re confident about your future and you look for opportunities to invest and grow further. Alaska’s economy has historically created this winning mentality, which has led to this basic income. That may be a lesson for the rest of the country as well.”

Whether humans act the same as organizations is up for debate. Does giving someone free money each year really brighten the future and compel people to look for opportunities to invest and grow further, or does it make them lazier and less likely to seek additional income?

Also, the Alaska model depends on the government assuming some measure of stable and consistent revenue — hard to do when the source of revenue is a globally traded commodity. Thus, while Alaska’s oil has put money in the pockets of its residents, recent severe declines in oil prices have also led to discussions of state tax increases. In December 2015, for example, as Alaska faced a $3.5 billion deficit, Gov. Bill Walker suggested boosting taxes unless oil hit $110 a barrel. The price of oil per barrel is currently trading at less than half of that.

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One Response to ZUCKERBERG NEEDS TO PUT HIS MONEY WHERE HIS MOUTH IS

  1. bogsidebunny says:

    Oh No, it’s the whiny, Liberal Jew doing the “Do as I say not as I do” dance. It’s all about control and garnering democrat votes. Imagine some smarmy Liberal shit whispering into the ghetto baboons’ ears: “Ya need to vote Democrat cause they’ll increase your free weekly handout by double once they get elected.” Then it’s right off to the local crack dealer and Colt45 malt liquor supplier.

    In the meantime Zuckerberg, Gates, Cook, Buffett along with all their other Silicon and Wall street billionaires are dressed in silk smoking jackets, sipping espresso, tweeking the nipples of some hot naked 20 year old “wanna be model babes” on the verandas of their Pacific coast 10 million dollar guarded mansions while looking skyward and singing:

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