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My primary concern about instituting a basic income is that these things have a tendency to always want to rise. It then becomes a voting platform for politici
by Overtonwindow 11y ago
My primary concern about instituting a basic income is that these things have a tendency to always want to rise. It then becomes a voting platform for politicians. Vote for me and I will get your basic income raised. I think anytime you promise a populous something for nothing, you create dangerous precedents that can spin out of control. I'm for increased minimum wage and price caps, but not a minimum income with no commitment.
On the other hand, if the federal government did not give away all of the profits from American natural resources, and instead took a percentage like most developed countries - and the state of Alaska - that money could be turned around into a basic income for all. That I believe is where a basic income should come from: use a nationally produced commodity sold abroad and the profits therein to give back to the citizenry.