Providing workers with a universal basic income did not reduce productivity or the amount of effort they put into their work, according to an experiment, a sign that the policy initiative could help mitigate inequalities and debunking a common criticism of the proposal. academictimes.com/univers…
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πŸ“…︎ Jan 16
🚨︎ report
Andrew Yang Enters Race for Mayor, Proposes Universal Basic Income for New Yorkers ny1.com/nyc/brooklyn/news…
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πŸ‘€︎ u/nicko_rico
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🚨︎ report
The social class and wealth of your ancestors (even from as far back as 600 years ago) partly determine your current income. There is a "glass floor" that protects descendants of the upper class from falling down the economic ladder. restud.com/paper/intergen…
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πŸ‘€︎ u/A-Dumb-Ass
πŸ“…︎ Jan 09
🚨︎ report
Rude to split bill on dates when you have no real income?

Reason for my lack of income is that I'm a full-time grad school student. I'm happy to pay the bill if I pick a manageable location, but I've been finding myself in situations where I'll be out with a girl who works in finance/tech at pricier spots. In situations like this, would it be rude to split the bill? If I ask the girl out, I'll pick a spot I know I'll be able to pay at, but what about situations where the girl suggests the place? I'm not sure if this is relevant but I am 22 and the girls I go out with are around there too, usually in their first year of having a job. I'm usually of the mindset that I should always pay (or make the attempt to pay) on a first date, especially if I'm the one who initiated.

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πŸ‘€︎ u/user000676
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🚨︎ report
Cadillac's research on manual transmissions: 55% of American drivers have owned a manual before, 66% know how to drive a manual. High income Americans more likely to be interested in driving manual

Before the launch of the new Cadillac Blackwing sedans with manual standard, Cadillac has released internal researching on the popularity of manual transmissions in the US. The Harris Poll was commissioned to do this research.

Essentially Cadillac's product planners had to figure out if a case could be made for releasing the upcoming Blackwing cars in manual, and commissioned this research to figure it out.

The original slide deck can be found here: Manual Transmission Study 30Oct2020 - Google Slides

Highlights:

  • 55% of American drivers have owned a manual transmission vehicle before
  • 66% know how to drive a manual
  • 42% aren't interested in manual transmissions vehicles at all
  • higher income and higher education Americans are more likely to know how to drive a manual and are more interested
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πŸ‘€︎ u/Uptons_BJs
πŸ“…︎ Jan 19
🚨︎ report
City of Compton CA Introduces Two-Year Universal Basic Income Pilot planetizen.com/news/2021/…
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πŸ‘€︎ u/davidwholt
πŸ“…︎ Jan 14
🚨︎ report
A pair of recent studies found that Oregon's Medicaid expansion in 2014 has led to increased prenatal care among low-income women, as well as improved health outcomes for newborn babies. today.oregonstate.edu/new…
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πŸ‘€︎ u/InvictusJoker
πŸ“…︎ Jan 04
🚨︎ report
US citizens in the 1% and 5% highest-income counties obtained better health outcomes than average US citizens but had worse outcomes for infant and maternal mortality, colon cancer, childhood leukemia, and heart attacks compared with average citizens of other developed countries. jamanetwork.com/journals/…
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πŸ“…︎ Dec 28 2020
🚨︎ report
Dads engaged in their kid’s lives can help to improve their mental health and behavior - teens in low-income families whose fathers are more frequently engaged in reading, playing and providing necessities such as clothes and food during childhood have fewer behavioral and emotional problems. rutgers.edu/news/engaged-…
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πŸ“…︎ Dec 14 2020
🚨︎ report
U.S. government checks constituted 40% of farmers’ income in 2020: USDA marketwatch.com/story/u-s…
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πŸ‘€︎ u/1900grs
πŸ“…︎ Jan 02
🚨︎ report
β€˜Poverty line’ concept debunked - mainstream thinking around poverty is outdated because it places too much emphasis on subjective notions of basic needs and fails to capture the full complexity of how people use their incomes. Poverty will mean different things in different countries and regions. aston.ac.uk/latest-news/p…
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πŸ‘€︎ u/mvea
πŸ“…︎ Dec 25 2020
🚨︎ report
Higher income predicts more frequent but not more intense happiness. This occurs in part because lower-income individuals spend more time engaged in passive leisure activities, reducing the frequency but not the intensity of positive affect. (Full-text in comments) journals.sagepub.com/doi/…
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πŸ“…︎ Dec 27 2020
🚨︎ report
Another bad news for CDPR. Polish Office of Competition and Consumer Protection (UOKiK) will monitor the progress of work on patches. If CDPR fails to deliver them, they may be punished with a fine of up to 10% of their income in the previous year.

https://www.benchmark.pl/aktualnosci/nad-cyberpunk-2077-pochyla-sie-nawet-uokik.html

The troubles with the premiere of Cyberpunk 2077 do not end. As it turns out, the game's premiere even interested UOKiK.

While in the case of PC versions, the ratings for Cyberpunk 2077 are good or even very good (despite visible errors), the console versions proved to be very disappointing. For some people it was even unplayable, so there were a lot of players asking for returns, and Sony even decided to remove the game from PlayStation Store. Additionally, due to problems with the game, CD Projekt Red stock price falls which resulted in class actions against the company. Now the UOKiK is also interested in Cyberpunk problems.

Dziennik Gazeta Prawna was the first to inform about it. MaΕ‚gorzata Cieloch, the spokesperson of the UOKiK, explained the scope of control. As she stated, it is primarily a matter of checking the progress of work on the promised patches, which should make the console versions of the game playable.

>We ask the entrepreneur to explain the problems with the game and actions taken by them. We will check how the producer is working on making corrections or solving difficulties that make it impossible to play on consoles, but also how he intends to act towards people who have made complaints and are dissatisfied with the purchase due to the lack of possibility to play the game on their equipment despite previous assurances of the producer.

At this point, it is difficult to conclude whether CD Projekt will be punished. The decision, in this case, will depend on what explanations the representatives of the Office of Competition and Consumer Protection will hear in these cases. The company will certainly not underestimate this, as the UOKiK president's decision may result in a fine of up to 10% of the annual revenue. This is of course the worst scenario from CD Projekt's point of view.

We will probably hear more about the case. Let us remind you that despite a lot of confusion and problems, the sale of Cyberpunk 2077 is performing very well. After 10 days from the release, the game has found 13 million buyers, now the result is probably much higher.

Translated with www.DeepL.com/Translator (free version)

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πŸ“°︎ r/cyberpunkgame
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πŸ“…︎ Jan 10
🚨︎ report
Water fluoridation improves dental health, has no impact on cognitive ability, and improves labor incomes. The impact on labor incomes is foremost driven by individuals from a lower socioeconomic background. journals.uchicago.edu/doi…
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πŸ‘€︎ u/smurfyjenkins
πŸ“…︎ Jan 14
🚨︎ report
TIL that popcorn, being relatively inexpensive, became popular during the Great Depression. It became a source of income for many struggling farmers, including the Redenbacher family. In fact, when sugar was rationed during WWII, Americans ate three times as much popcorn as they had before. en.wikipedia.org/wiki/Pop…
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πŸ“°︎ r/todayilearned
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πŸ‘€︎ u/WouldbeWanderer
πŸ“…︎ Jan 11
🚨︎ report
Paycheck-To-Paycheck Nation: Why Even Americans With Higher Income Struggle With Bills npr.org/2020/12/16/941292…
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πŸ“°︎ r/Economics
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πŸ‘€︎ u/viva_la_vinyl
πŸ“…︎ Dec 17 2020
🚨︎ report
58 per cent of Australians support a universal basic income abc.net.au/news/2020-12-1…
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πŸ“°︎ r/Futurology
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πŸ‘€︎ u/monkfreedom
πŸ“…︎ Dec 23 2020
🚨︎ report
Pope Francis has endorsed a universal basic income. Covid-19 could make it a reality in Europe. americamagazine.org/polit…
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πŸ“°︎ r/Futurology
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πŸ‘€︎ u/monkfreedom
πŸ“…︎ Dec 17 2020
🚨︎ report
AITA for being mad about my wife's income?

I (33M) am married to the love of my life (28F). She is a lovely person to be around and has many amazing hobbies. The one issue I have with our marriage is money. I am a higher-up at my job and make more than enough money to pay our monthly fees. She, however has a part-time job at minimum wage. She brings in a quarter of what I do a month. This usually isn't a problem because we're conscious of our spending and make careful choices.

However, Xmas is already a huge expense for us due to gift giving and (not this year but usually) travelling. We bought each other lovely gifts, and we were very happy with what we got, even though we spent more than we should have. (Including gifts for In-Laws, relatives and friends). Again, this wasn't an issue on it's own..

It's just that one of my 'presents' this year was a letter from my wife saying that she wanted 'to try for a baby before we got to old to.' I was shocked and didn't know how to respond. I told her babies are expensive and that we don't have the money for the hospital bills, food, clothes, toys and ect. that a baby needs, and probably won't magically obtain it within the 9/10 month span of the pregnancy.

She was disappointed and said that she was hoping I would be excited. I told her that the only way we could have the money is if she got a full-time better job. Her response was along the lines of 'but I bring in money, right?' I got irritated and told her that she made a quarter of what I did, and that her pay is nowhere near enough what it would need to be to be helpful. She started crying and saying that I was being mean to her. Currently she is being very cold towards me and I fear this is the end of our marriage.

AITA for telling my wife that the money she brings in isn't helpful? I decided to make the bottom update it’s own post lol

πŸ”ΈπŸ”ΆπŸ”ΈπŸ”ΆπŸ”ΈπŸ”ΆπŸ”ΈπŸ”ΆπŸ”Έ

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πŸ“°︎ r/AmItheAsshole
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πŸ‘€︎ u/daygirl10
πŸ“…︎ Jan 01
🚨︎ report
Thailand to launch a moon space program to boost efforts to become a high-income economy thaiexaminer.com/thai-new…
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πŸ“°︎ r/space
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πŸ‘€︎ u/Aeromarine_eng
πŸ“…︎ Jan 02
🚨︎ report
One-Time Stimulus Checks Aren't Good Enough. We Need Universal Basic Income. truthout.org/articles/one…
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πŸ“°︎ r/Futurology
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πŸ‘€︎ u/Gari_305
πŸ“…︎ Nov 13 2020
🚨︎ report
Yang Enters Race for Mayor, Proposes Universal Basic Income ny1.com/nyc/brooklyn/news…
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πŸ“°︎ r/nyc
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πŸ‘€︎ u/Topher1999
πŸ“…︎ Jan 14
🚨︎ report
Making college free, but only if your parents have an income below X, keeps abuse victims trapped.

I'm a current American university student. I work three jobs concurrently to be able to afford to live right now. Every time I've tried to seek out scholarships, I get rejected for the same reason: I'm below 26, I'm not married, and my parents make too much money. Literally every aspect of the American government is built around the idea that parents are always perfect angels that have their kids' best interests at heart. This way of thinking makes it almost impossible for young adults to break free of abusive cycles, and it's time it was done away with.

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πŸ“°︎ r/unpopularopinion
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πŸ‘€︎ u/SinkLeakOnFleek
πŸ“…︎ Jan 08
🚨︎ report
Democrats wanted a tax credit for low income families. Republicans wanted a tax break for '3 martini lunches.' theweek.com/speedreads/95…
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πŸ‘€︎ u/TheWeekMag
πŸ“…︎ Dec 21 2020
🚨︎ report
What % of your income do you donate if any?

I know this is very personal but just curious how this fits in with frugal saving. Do you do it? How much is it? I personally started to do it this year with 0.5% of my income for the year and will do it every January 1st or something hopefully. The feeling is kind of weird when one day you are looking for the prices of the best price of an air condition unit for example and the next day you donate multiples of that price difference and I think it makes you think about money a little bit differently overall. What are your experiences?

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πŸ‘€︎ u/banaca4
πŸ“…︎ Jan 06
🚨︎ report
U.S. should look at how other high-income countries regulate health care costs. Standardizing fee-for-service payments and structuring negotiations between insurers and providers could make U.S. health care more affordable, finds new study based on France, Germany and Japan. eurekalert.org/pub_releas…
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πŸ“°︎ r/science
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πŸ‘€︎ u/mvea
πŸ“…︎ Nov 22 2020
🚨︎ report
Another bad news for CDPR. Polish Office of Competition and Consumer Protection (UOKiK) will monitor the progress of work on patches. If CDPR fails to deliver them, they may be punished with a fine of up to 10% of their income in the previous year. /r/cyberpunkgame/comments…
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πŸ‘€︎ u/ArtisticTap4
πŸ“…︎ Jan 10
🚨︎ report
"A universal basic income would not only lift more than 3.2 million Canadians out of poverty, it would also create hundreds of thousands of new jobs, grow the economy by tens of billions of dollars and eventually pay for itself with increased tax revenues." thestar.com/news/gta/2020…
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πŸ“°︎ r/Futurology
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πŸ‘€︎ u/monkfreedom
πŸ“…︎ Dec 09 2020
🚨︎ report
Yang’s Rivals in the Mayoral Race Co-opt His Signature Idea - ALL of the candidates are now promising universal basic income to residents of New York City nytimes.com/2021/01/14/ny…
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πŸ‘€︎ u/izumi3682
πŸ“…︎ Jan 16
🚨︎ report
Andrew Yang backs possible guaranteed income pilot program in Atlanta ajc.com/news/atlanta-news…
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πŸ‘€︎ u/monkfreedom
πŸ“…︎ Dec 18 2020
🚨︎ report
Money and income
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πŸ“°︎ r/dankmemes
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πŸ‘€︎ u/Dumb_ass_child
πŸ“…︎ Dec 21 2020
🚨︎ report
Fuck off Lori. In a lot of places it’s not possible for a whole family to live off of one person’s income, no matter how frugal you are. She’s so fucking privileged that she doesn’t understand that financial struggles aren’t always our own fault.
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πŸ“°︎ r/FundieSnark
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πŸ“…︎ Jan 11
🚨︎ report
NY Times: Trump paid $750 in US income taxes in 2016, 2017 apnews.com/article/archiv…
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πŸ“°︎ r/news
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πŸ‘€︎ u/SerScronzarelli
πŸ“…︎ Sep 27 2020
🚨︎ report
Andrew Yang announces NYC mayoral run "We need to launch the largest basic income program in history, invest in a human-centered economy, return to fact-based governance, and create an accessible healthcare system. building affordable housing" abc7ny.com/andrew-yang-ny…
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πŸ‘€︎ u/monkfreedom
πŸ“…︎ Jan 14
🚨︎ report
If an american person wishes to move to a completely opposite state in the same country ,how flexible is that ? Can they do it without a passport and income statement?

*this question is for people who own homes. Say if somebody lives in a tiny apartment in new york city and doesn't mind a bigger house in texas how easy it is for him to sell the current property and buy the new one in texas? Formalities? Paperwork?

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πŸ‘€︎ u/alwaysgracious61
πŸ“…︎ Jan 08
🚨︎ report
Twitter billionaire Jack Dorsey gives U.S. mayors $15M to fund basic income thehill.com/changing-amer…
πŸ‘︎ 9k
πŸ“°︎ r/Futurology
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πŸ‘€︎ u/monkfreedom
πŸ“…︎ Dec 09 2020
🚨︎ report
β€˜Everybody in the middle is getting squeezed out and it’s painful’: Toronto’s lack of affordable housing hits those in higher income brackets, say experts thestar.com/news/gta/2020…
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πŸ“°︎ r/toronto
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πŸ‘€︎ u/slicecom
πŸ“…︎ Dec 28 2020
🚨︎ report
Poll: Two-Thirds of Americans Favor Raising Taxes on Incomes Over $400K commondreams.org/news/202…
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πŸ“°︎ r/politics
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πŸ‘€︎ u/southpawFA
πŸ“…︎ Dec 03 2020
🚨︎ report
β€˜We were shocked’: RAND study uncovers massive income shift to the top 1%. The median worker should be making as much as $102,000 annuallyβ€”if some $2.5 trillion wasn’t being β€œreverse distributed” every year away from the working class. fastcompany.com/90550015/…
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πŸ“°︎ r/collapse
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πŸ‘€︎ u/Bluest_waters
πŸ“…︎ Dec 22 2020
🚨︎ report
Has anybody achieved a NW of $5-10MM on $150-$300k income?

A recent post about $10+MM net worth got me thinking, has anybody here gotten to $5-$10MM net worth off boring investing (index funds), high-ish savings rate (40-60%) and 150-300k income?

I posted a response on that thread but figured this would get more responses, I'm 27, net worth of 400k and earn 150k (180k for 2021). A basic compounding interest calculator says that I'll get to 5MM by 46 and 10MM by 55 if I save 70k a year (2021 projected savings) at 8%. How realistic is this? Anybody have a similar path?

EDIT:

wow! Thanks for the silver! I've never gotten one of these before, I guess this means I can fatFIRE now right?

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πŸ“°︎ r/fatFIRE
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πŸ‘€︎ u/joeshmoe112
πŸ“…︎ Jan 05
🚨︎ report
Andrew Yang’s platform will include universal basic income, a public banking system to finance public projects such as NYCHA, and a food insecurity program twitter.com/zachandmattsh…
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πŸ“°︎ r/nyc
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πŸ‘€︎ u/Topher1999
πŸ“…︎ Jan 13
🚨︎ report
Income is finally greater than expenses!

I hope this is an OK place for this, but I wanted someplace to share with people who could possibly understand. I'm grateful to still have a job during this time and still actually got a cola.

I am finally earning more than what my monthly bills are. I work full time and receive child support but I have been working really hard at trying to keeping my monthly bills low so I can survive without the child support. I hated depending on it because there was always a possibility it wouldnt come, either at all or on time.

About a year ago I started reworking my budget to where I did not depend on that deposit to pay a bill. When I got it I would transfer it to savings so it would be there when I needed it, usually to make up a deficit near the end of the month. I was reviewing my budget and noticed that I am now earning more than my bills. I don't need the child support anymore and it feels really good!

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πŸ“°︎ r/povertyfinance
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πŸ“…︎ Jan 12
🚨︎ report
Also your provincial income taxes are going up!
πŸ‘︎ 2k
πŸ“°︎ r/alberta
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πŸ‘€︎ u/intrepidsteve
πŸ“…︎ Jan 05
🚨︎ report
The gap between Australian house prices and incomes is only likely to grow theguardian.com/business/…
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πŸ“°︎ r/australia
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πŸ‘€︎ u/jakethemate
πŸ“…︎ Jan 18
🚨︎ report
A majority of Australians would welcome a universal basic income, survey finds abc.net.au/news/2020-12-1…
πŸ‘︎ 5k
πŸ“°︎ r/australia
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πŸ‘€︎ u/thedigisup
πŸ“…︎ Dec 10 2020
🚨︎ report
Four in 10 households report lower income than pre-pandemic, threatening economic recovery - Around 6 percent of surveyed households said they have given up hope that their income will ever recover. nbcnews.com/business/busi…
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πŸ“°︎ r/Economics
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πŸ‘€︎ u/speckz
πŸ“…︎ Dec 28 2020
🚨︎ report
Canada in talks to donate extra COVID-19 vaccine shots to poorer countries - Canada, has reserved enough doses to vaccinate residents several times over, is in talks with other governments about a plan to donate shots to lower-income countries, according to three sources familiar with the matter. reuters.com/article/us-he…
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πŸ“°︎ r/worldnews
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πŸ‘€︎ u/eldarandia
πŸ“…︎ Nov 19 2020
🚨︎ report

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