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> their rent, transport, and other associated costs will go up by exactly $1000 over a relatively quick time frame But wouldn't this be more efficient than sub
by jhanschoo 7y ago
> their rent, transport, and other associated costs will go up by exactly $1000 over a relatively quick time frame
But wouldn't this be more efficient than subsidy programs? There is the idea that the needy will have the flexibility be able to obtain what they need most, rather than rely on programs that do not necessarily provide what they need most or in a way that they can't properly take advantage of.
- tehjoker 7y agoThis article doesn't quite address what I was talking about, but it has a rather detailed case against UBI: https://jacobinmag.com/2017/12/universal-basic-income-inequality-work https://jacobinmag.com/2017/12/universal-basic-income-inequa... In particular, it discusses what happens at different levels of UBI, with lower affordable levels creating more precarious workers with higher levels being completely unaffordable. Yang's $1000 a mo. for all 18+ adults would cost about about: (~200M 18+ adults) * (12k $/yr) / (19T GDP) = ~12% GDP I would take serious issue with Yang's 18+ requirement as families with children need more money, not less! It also doesn't help you at all if your landlord raises the rent by $1000. They would argue this is fair, because they know you can pay it.
- jhanschoo 7y agoThanks!