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RE: Is Universal Basic Income A Good Idea?

in #money7 years ago (edited)

UBI has worked essentially everywhere it has been trialled. And it's not socialism. It's embraced by economists across the full spectrum, including Hayek and Freidman (free market capitalists). And your faith-based position that jobs will just magically appear is contrary to both rigorous analysis and actual present trends. @scottsantens, who commented below, has written widely on this topic. He has extensive articles with exhaustive links and data that contradict all your points. Have a read of his stuff.

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Where is that magic place where UBI worked? North Korea maybe? We have UBI in Cuba, it's about $20 dollars a month and people would rather swim with sharks than staying in that hellhole. You still don't answer the main issue: what would stop the government from just killing all the leeches and calling it a day?

What's stopping them from doing it now? Adding UBI into the mix doesn't change anything.

People with jobs, wealth, education and guns
Morpheus.jpg

Voting on your own reply, that's pretty low, man...