4 ms·
This is so out of base with common economics I don't even know where to begin. Thus, I suggest you read a microeconomic textbook to get some more context on ho
by mrep 9y ago
This is so out of base with common economics I don't even know where to begin.
Thus, I suggest you read a microeconomic textbook to get some more context on how government wide economic policies (like UBI) will have on individuals.
- ci5er 9y agoWould it be out of line to ask you to make a specific critique? I may be taking the parent comment out of context myself (as sparse as it is), but I worry about nation-states manufacturing dependency.
- joejerryronnie 9y agoI'm not up to speed with the latest highfalutin micro economic theories but it seems to me that we already have a universal basic income of $0.00 and a basic cost of goods. Please explain how raising the UBI to, let's say $30K, won't just raise the basic cost of goods by the same percentage, establishing a new equilibrium that is essentially the same as we have now.
- pixl97 9y agoDo food stamps raise the cost of food?
- joejerryronnie 9y agoDoes everybody, regardless of need, receive the same amount of foodstamps? If not, we're not comparing apples to apples.
- saurik 9y agoThat's not how any Universal Basic Income plan I have ever seen works... they are all based on what is essentially a negative income tax bracket.
- deleted 9y ago[deleted]
- gozur88 9y agoUBI would mostly just replace existing programs, at least at the levels most people are talking about.