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I liked the idea of UBI, but once people have the ability to vote for for politicians who promise to raise the UBI, wouldn't they just keep raising it until cap
by eloff 7y ago
I liked the idea of UBI, but once people have the ability to vote for for politicians who promise to raise the UBI, wouldn't they just keep raising it until capital exits stage left and the economy devolves into a poor socialist economy? It seems like it could be setting a dangerous precedent. Once you start giving people free money, its political suicide to take it away. Look at Greece and Argentina as examples.
- BigJono 7y agoI wouldn't worry about it. Lower class people have been voting for governments that give them the shaft for as long as democracy has been a thing. Why would UBI change that?
- eloff 7y agoBecause if one party is offering to double my UBI check, they're going to get my vote - and I have the advantage of knowing all the ways that is likely to make everyone poorer overall. Now I don't know how other people think, but it seems reasonable they would also behave like that, maybe even be more likely to do so.