UBI is inflationary and discourages people from working. Economists have moved on to better ideas than UBI, like the federal government providing a JG (Job Guar

UBI is inflationary and discourages people from working. Economists have moved on to better ideas than UBI, like the federal government providing a JG (Job Guarantee) or being an ELR (Employer of Last Resort): https://www.thenation.com/article/job-guarantee-government-plan-full-employment/# https://www.thenation.com/article/job-guarantee-government-p... The summary is: everyone who is willing and able to work should get a standard salary and benefits from the Federal Government. We could have a decentralized system for setting up/vetting/approving JG/ELR projects all across the country, but the Federal Government would pay JG/ELR participants directly. This could include all kinds of things, like Y Combinator. As for profit-sharing "United States, Inc" as Sam Altman proposes, we can do that too. We can set up a government program that says publicly traded companies in the USA will get a tax incentive if they promise to pay at least Y% of income in dividends. The government can take a small stake in these companies, and distribute the dividends equally to all citizens. It can try to track a broad stock-market index in its portfolio to make sure the investment passive (we don't want the government actively investing in companies, it shouldn't be picking winners and losers). Also, with a low-risk portfolio, the program would hopefully stay solvent, leaving the option of liquidating assets should we ever want to unwind this (for either political or economic reasons). Where do we get the money to do all this? Governments don't need to finance spending when they have sovereign control of their own currency. https://en.wikipedia.org/wiki/Modern_Monetary_Theory https://en.wikipedia.org/wiki/Modern_Monetary_Theory