3 ms·
Most of the UBI programs I've seen suggested drastically cut entitlement spending. The UBI _becomes_ the social safety net.
by ncallaway 11y ago
Most of the UBI programs I've seen suggested drastically cut entitlement spending. The UBI _becomes_ the social safety net.
- refurb 11y agoThings you couldn't cut: (1) Medicaid and Medicare spending and (2) all social security payments greater than $10K per year [of which there is a lot].
- dredmorbius 11y agoThere's one school which argues for that (the Libertarian / Friedman argument typically runs along these lines). My view is that UBI could substitute for many safety-net expenditures, but not all. It turns out that there are people with special needs or circumstances. The sick, disabled, mentally ill, children, military veterans. Some specific targeted assistance will likely still remain. But yes, the bulk of it should likely not be necessary.