4 ms·

Can you share details on what specifically isn't computing?

• runin2k1 10y ago
  I'm no "apalmer", but have a similar perspective... From a simple supply and demand standpoint, how does the extra income introduced not simply cause the cost of basic* goods to rise accordingly such that you end up with your UBI increasingly falling behind what is needed to support a minimum standard of living? * Added "basic" for clarity, I don't imagine this would affect the cost of luxury, or recreational goods to a large extent, but an extra $1000+/month per person would, I expect, have a drastic effect on housing rental rates amidst the lower to middle class residential areas
  • thaumasiotes 10y ago
    In a closed system, it would. But if a US citizen can move to a location where not everyone gets the US basic income, then their basic income will be worth something.
    • runin2k1 10y ago
      Like Baja! I'm in!