3 ms·
There are plenty of issues with healthcare at the moment, but what effect do you think it has that a large segment of the population (and the majority of drug t
by lend000 9y ago
There are plenty of issues with healthcare at the moment, but what effect do you think it has that a large segment of the population (and the majority of drug takers) are subsidized to get drugs for almost nothing with effectively zero price negotation? (Re: Medicaid -- the government does not negotiate as well as the market, especially when lobbyists are on both sides of the negotiation). And would you agree that unemployment benefits encourage being unemployed until you no longer qualify? Then there's TANF: have more kids, get more income. What need is there for a minimum wage when you have a "livable" income already, from UBI? We would no longer have to ensure that homeless people cannot voluntarily enter into an employment contract for less than $15/hour (which guarantees they remain unemployed). Food stamps? You must understand that the UBI is cash that can be used for anything.
The common theme here is that these complex programs will not only come with bureaucracy and deadweight loss, but they also include complex side-effects, mostly negative economic incentives. Another common theme is that money can be used for any of these things, and that's exactly what a UBI provides.