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Sure. They’ll just raise your rent and you’ll be back to square one. Basic income doesn’t fix demand and supply. It just increases demand which increases price
by nojvek 9y ago
Sure. They’ll just raise your rent and you’ll be back to square one.
Basic income doesn’t fix demand and supply. It just increases demand which increases prices.
Australia has a great welfare program. However you see a large brain drain to US because smart people don’t want to be taxed just so it ends up in someone else’s pocket.
There are many holes in Basic income logic.
- lovich 9y agoPrices already rise so it's not like that's some extra problem UBI adds. There needs to be some mechanism that ties UBI to inflation and cost of living, it's definitely not a fire and forget solution. However we already produce enough of the basics like food, water, and shelter for everyone in the US so why are people going without?