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> In a world with targeted advertising and unprecedented advertising I'm confident basic income would be counter productive for those who actually need it. For
by jakelazaroff 9y ago
> In a world with targeted advertising and unprecedented advertising I'm confident basic income would be counter productive for those who actually need it.
Forgive me if this wasn't your intention, but it seems like you're asserting that poorer people are uniquely unable to determine their needs?
> If giving everyone X works, why not 2X? 3X?
The amount you give people relative to their income in aggregate affects the economy, right? If you gave everyone $12,000 a year, the consequences would be vastly different than if you gave everyone $12,000,000,000,000 a year.
- tabeth 9y ago> Forgive me if this wasn't your intention, but it seems like you're asserting that poorer people are uniquely unable to determine their needs? I'm asserting people in general are unable to determine their needs. Every year worldwide consumer debt just keeps going up and up. This would imply either an inability to save or insufficient wages, right? UBI would increase the wages, but it's not clear to me why things wouldn't become more expensive. > The amount you give people relative to their income in aggregate affects the economy, right? If you gave everyone $12,000 a year, the consequences would be vastly different than if you gave everyone $12,000,000,000,000 a year. Sure, but regardless of the amount. Why not give them twice as much? Ultimately UBI is fiscally absurd.