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RE: Andrew Yang and the concept of "Universal Basic Income"
I think UBI is nice on paper but to put it into practice will lead to many other questions. For instance why is it $1000 and not more/less? How do we ensure the money is put to good use instead of drugs and gambling?
In my opinion, a universal guarantee of basic needs might be better. Everyone should be guaranteed basic food, water, shelter and clothes. These are necessities and should be our basic human rights to have them
On top of this, there should be a system for basic free education/upskilling/retraining to enhance individual productivity
Valid points, definitely. Guaranteed basic necessities would be nice, but unwieldy for governance and administration possibly. As to the amounts, it does feel like he just plucked a nice round number out of the air. I'd like more research and trials to be run to see how it all works in the real world.
Thanks for your thoughtful comment.
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