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This makes 0 sense because that's not how UBI works. You can't just give free money to everyone and expect things to magically fix themselves. Where are you eve
by preommr 8y ago
This makes 0 sense because that's not how UBI works. You can't just give free money to everyone and expect things to magically fix themselves. Where are you even getting all this money under modern constraints to just give to every single person? But that's beside the point because even with UBI, you'd still have to sacrifice QoL to pay back the loans for your education because of the inefficiencies that exist in our current system. The end result would you be slaving away at work with high taxes that go off to pay off your loans and whatever percentage goes to UBI.
- brightball 8y agoThe core idea is that every citizen is getting a monthly stipend of some basic amount. If that were to happen, it stands to reason that policy oriented side effects would kick in over time to work alongside such a stipend. First among those, actually securing student loans against the BI. I’ve never seen BI as being anything that would be desirable to live on though. Closer to survival level income in the area of $700 / month. You’d partially pay for it by reducing all other types of government service payouts (welfare, social security, disability, unemployment) by that amount. You’d likely see homeless shelters, rehab clinics, etc open that were designed to operate on a per person budget equaling the BI. At the same time, you can potentially eliminate minimum wage discussions since it would immediately supplement those workers. I think it’s doable at a low level as long as you partially address the costs with dents in the budgets of many of the other existing services.