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RE: Universal Basic Income: an Economic Apocalypse

in #economics7 years ago

Most people who are "in poverty" work jobs. So the idea that is someone is in or near the poverty level of income is just looking for a handout to be dependent is such nonsense. How dare people like jakemccauley defend what we have going on now.

Don't these people know that allowing poverty to exist is expensive and is costing the economy dearly? And a guaranteed basic income is a cheaper and more effective way of eliminating poverty and it's costly symptoms? Perhaps they do, but they don't care, they just want to preserve the status-quo for the sake of their demented ideology.

Ancappers are a joke-

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Defend what we have going on now? No. I have zero interest in preserving the status quo. I aim to abolish the state entirely.

In the US the biggest medical problem "the poor" suffer is obesity. We have millions and millions of multi-generational fatherless families sucking off the welfare state. The "poverty" standard keeps getting higher, the "poor" of today have a life of abundance compared to average people in the recent past, in even my 80-year-old father's lifetime.

Giving low IQ people money stolen from higher IQ people--which we have been doing at full speed since 1965-- has proven a disaster.

You completely ignored Jake's arguments, you rebutted none of them.