Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
Agreed! I feel like public discourse often forgets these efficiencies when talking about UBI. Include social security and education financial assistance and the numbers really add up.
The COVID-era stimulus checks and PPP “loans” proved its possible to provide a package this large, would just need to offset the spending with increased taxes on the wealthy to make it sustainable long term.