Usually when I make a post on the blog, it’s a review on a product, or an announcement about a new resource of opportunity that is available that can help to get out of debt and, generate income and build wealth. In this article I am going to take a twist. I am going to enter a realm that I don’t enter in often, the p-word realm. Yes, today I am entering the politics realm, yet it still has a business touch to it.
Today I was browsing facebook and came across an article written by MSN on a 2020 presidential candidate named Andrew Yang, that wants to give everyone $1000 a month. The man happens to be chinese. I said to myself “either this man is lying and deceiving the people to get votes and win”, which he has already won with that claim; or he is a complete genius. You might be saying “ how is he a complete genius just because he wants to give everyone $1000 a month?.”
Let me explain. For one this plan creates a substantial amount of income for the economy and a great investment for the government that will give them a great return.. I do not know the exact population of the United States, but lets round it off to 500 million. If you take 500 million and multiply and multiply it by 1000, that is 500 trillion dollars that they are giving away.
Now let me explain the genius behind this and why it would be a genius move for the government to make. The majority of people getting that $1000 a month are going to spend it on things they need. Majority of big businesses today are owned by government officials and their families. Whether we want to believe it or accept it, it’s a fact. So majority of the money they are giving away, is being returned to them. The profit margin is in the taxes.
Let’s say all 500 million citizens of the United States did spend their $1000 a month. Now we must take the 6 percent tax rate, and multiply it by the 500billion to see how much they earn in taxes. When you do that, that is 30billion in tax income created every single month. That’s a huge number. That is just the tax the purchaser is paying. There is also the tax that the business owner pays, and any other taxes that may exist.
Besides the income, there are also some other aspects to look at regarding what this move can do for the government. It would eliminate some poverty problems and take some stress off of American families. Imagine someone who is homeless, now getting $1000 a month. That homeless individual can now afford to find a place to live for cheap. There are many places one can rent a room for some hundreds of dollars a month, nice places too. I know. I lived in some nice houses that rented rooms.
This would also eliminate hunger issues for many because they can afford to eat, even if unemployed. Just through the elimination of homelessness, and hunger, the crime rate drops, making the streets safer. Most people who commit crime, do it because they need money to live. They cannot find jobs, cannot find help, so they resort to theft, robbery, etc.
Another positive spin to this is that the $1000 is income, so people can claim taxes off it. It does not matter if it is being given by the government, it is income. Unless they make some law towards this, which I highly doubt they would, everyone can claim taxes on that $1000.
There is a huge population of the population that is in debt, this can help many to pay off their debts, which is a positive for that individual, the company the debt is owed to and the government. People will be able to do contracts that suit them to help them pay a little on their debt monthly. Consider all the students that take government loans to go to college, get out of college and did not find a job in their area of study. Their debt just kept piling up in interest rates and late fees. This $1000 a month can help out a lot towards that.
The huge benefit comes in the fact that everyone will have a little money to invest towards opening a business. Now a days it does not take much to start a business, especially a home business. With smart phones, internet connection, and a little capital of a few hundred dollar a month, one can change their life completely. There are ways to create and earn income on the internet without putting in any money. Even for those that have no prior experience, there are many companies out there that provide education and training on making money online and running a home business.
Like me in front of you today, running my business from home. I started at the very bottom without a dollar to my name. I had no knowledge or experience. Yet when I found out that I can make money on the internet with just a device and internet connection, I started to search for education, resources’ and opportunities. There are literally hundreds of thousands of opportunities on the internet to make money legitimately.
Back to the overall subject! For the government to give $1000 a month to every citizen, would be a genius move that would benefit them and the country tremendously. Even if they just gave a few hundred dollars a month, it would still benefit them. Yet knowing politics, I don’t believe this would happen. I would be shocked if it did. This claim can definitely help him to get voted in politics, but the question is, will he keep his word and do what he promises when he gets in office.
I would love to give him the benefit of the doubt. I have no right to doubt him. Yet I am one that learns quick. In my past experience in politics, it is rare, very rare. For every election season that arrives, we get a group of people in our faces telling us what they would like to do and what they are going to do if we vote for them and they win. They make things sound so sweet and fill us up with hope. Yet when they get in office, they sit back with their feet kicked in the air, not caring about the people that put them in office. In other words they lie to, deceive and trick the people in the game of politricks.
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