Subtitles section Play video Print subtitles UNIVERSAL BASIC INCOME THAT'S RIGHT HE WANTS THE GOVERNMENT TO LAUGHER JOINS US ALL RIGHT ART FREE CASH IS THAT LIKE JUMBO WHY DOESN'T BRANSON WHO IS I THINK THAT'S WHAT HE SHOULD DO IF HE BELIEVES IN IT SO MUCH DO IT ON HIS OWN ACCORD. THAT'S MY THOUGHT. AND IT'S A SILLY IDEA. YOU NEVER WANT TO PAY PEOPLE NOT TO WORK. YOU NEVER WANT TO DO THAT PAY WHEN THEY DO WORK UNLESS THEY CAN'T WORK OF COURSE OR SOME PENALIZE WORKERS TO REWARD NONWORKERS OTHERWISE YOU'RE GOING TO GET A LOT OF NONWORKS AND GET GROWTH STOPPED AND GET THE ECONOMY GOING IN THE TANK. SO THAT'S NOT WHAT YOU WANT. AND -- >> I THINK IT WAS SWEDEN RIGHT HERE RECENTLY THAT PULLED PLING ON THIS EXPERIMENT. IT CAME WITH MAJOR FANFARE. UNIVERSAL BASIC INCOME YOU DEPARTMENT BY THE WAY PART OF THIS DEAL IS YOU DIDN'T HAVE TO LOOK FOR A JOB. YOU KNOW YOU GOT PAID A COUPLE AND -- [LAUGHTER] JUST DIDN'T WORK OUT BUT WHY DOES SOMEONE AS SMART AS BRANSON AND OTHERS CONTINUE IN YOUR MIND TO CLING ON TO THOUGHT THAT THIS IS THE ULTIMATE SOLUTION? >> I THINK HE EL POOS GUILTY TO BE HONEST WITH YOU WAY MORE SUCCESSFUL THAN HE EVER IMAGINED HE COULD HAVE BEEN AND NEVER IMAGINE WHY ME WHY AM I THIS SUCCESSFUL AND ALL OF THAT AND FEELS GUILTY AND A LITTLE BIT AND THAT'S SORT OF LIKE LET THEM EAT CAKE IN FRANCE. BUT IT'S A SAD PHENOMENAL. TEDDY KENNEDY WASES IN BRITAIN IT WAS -- IT WAS DONE THERE BY I FORGET A LOT OF TIME YOU FIND ULTRA LEFTY -- WHAT YOU MA CALL IT PANE EXCUSE ME I CAN'T REMEMBER. MONEY AND THEY DON'T FEEL THEY DESERVE IT AND THEY MAYBE THEY DON'T. MAYBE THEY DO BUT THEY FEEL THIS GUILT. >> I TELL PEOPLE HEAR BY GILLETTE ONE OF THE RICHEST MEN IN THE WORLD AND HE'S A BLUEPRINT FOR GLOBAL SOCIALISM. YOU'RE IN NASHVILLE I WANT TO CHANGE A LITTLE BIT. GROWING PAINS RIGHT NOW. YOU'VE GOT THE HOT PEST HOUSING MARKET IN THE COUNTRY AND PRICES ARE DRIVING UP BUT RESIDENTS ARE COMPLAINING ABOUT A LOT OF RISE IS NASHVILLE GROWING TOO [LAUGHTER] IT'S NOT. IT'S E BEAUTIFULLY PIP TOLD YOU ABOUT ABOUT NASHVILLE WHEN I MOVED HERE FROM SANTA FE, CALIFORNIA SAYING I WANT TO GO A ZERO TAX STATE CLOSE TO MY HOME IN CLEVELAND, OHIO AND ABSOLUTELY SPECTACULAR AND GET EVEN BETTER. YOU WANT TO BE WHERE PRICES ARE RISING RADICALLY FAST BECAUSE YOU'RE IN A PLACE WHERE PRICES TOO MUCH TRAFFIC CONGESTION SHOWING THERE'S A LOT OF DEMAND FOR PEOPLE TO BE THERE BECAUSE THINGS ARE REALLY GOOD NASHVILLE AND THEY'RE GREAT HERE. 8TH LOWEST IN THE NATION NO PERSONAL INCOME TAX EARNED INCOME OR UNEARNED INCOME YOU HAVE NO DEATH TAX. YOU KNOW, ALL OF THIS STUFF IS JUST -- FANTASTICKING PLACE TO LIVE AND I GUESS I'M THE BEST AMBASSADOR FOR THIS STATE AND CITY BECAUSE I CAME HERE DELIBERATELY NEVER BEEN HERE BEFORE -- WELL I'VE BEEN THROUGH THE AIRPORT AND STUFF. AND IT'S JUST THE BEST PLACE IN THE WORLD. >> WONDERFUL. NOW ART, ONE LAST ONE -- YOU WANT TO TAKE US BECOME DOWN IN -- OUR PRODUCER SAID YOU HAVE A GREAT STORY ABOUT PRESIDENT RAGE BEGAN IN THE FOURTH OF JULY CAN FOURTH OF JULY IS A BIG THAT STUFF IN THE LEAD BAND THERE WAS THE BEACH BOYS. THAT WERE PROGRAMMED TO BE THE THE LEAD BAND AT JULY FOURTH THING, AND RAY WATTS WHO WAS SECRETARY OF THE E INTERIOR CONTROLS ALL PARKS AND STUFF THOUGHT THAT BEACH BOYS WERE A LITTLE TOO RADICAL AND A LITTLE TOO ACTIVIST TO BE THERE. SO HE INTERVENES SPECIFICALLY AND CANCELED BEACH BOYS AND DID NOT ALLOW THEM TO PERFORM UNTIL -- THE PRESIDENT FROM CALIFORNIA SAID WELL YOU KNOW I'M JUST GOING TO HAVE TO OVERRIDE WHO I WANT ON THIS ONE. [LAUGHTER] BEACH BOYS ARE PLAYING. IT'S, ISN'T IT A WONDERFUL LIFE BUT REAGAN INTERVENED AND BEACH BOYS ARE LEAST RADICAL ACTIVIST GROUP YOU'VE EVER SEEN. THEY ARE JULY FOURTH.
B1 US nashville income beach july fourth universal basic Universal basic income is a silly idea: Art Laffer 8 0 王惟惟 posted on 2018/09/05 More Share Save Report Video vocabulary