4 ms·
Basic income, if implemented without certain companion policies, is destined for failure. There is simply no way to affordable provide basic income to people in
by namlem 10y ago
Basic income, if implemented without certain companion policies, is destined for failure. There is simply no way to affordable provide basic income to people in most places at current costs of living. Anything more than $10k a year is just too unrealistic from a budget standpoint. That's enough for the rural US, but it's far from enough in most places.
What we need is policies to reduce the cost of housing, such as subsidies for high density, low cost units. We have the ability to make very cheap housing out of factory built modular components, but there are tons of other hurdles, like regulation and NIMBYism. Transportation is another major cost, but fortunately that one is about to be solved. In the US, healthcare is still a major issue however.