2 ms·
Is this an issue with UBI though? Of course the prices will go up because of supply/demand changes. And thus 12k/year won’t go as far as it does now. That’s not
by eric_cc 7y ago
Is this an issue with UBI though? Of course the prices will go up because of supply/demand changes. And thus 12k/year won’t go as far as it does now. That’s not a bad thing though. The people who are at rock bottom still > 0. Leeches won’t be able to do nothing and exist off 12k. For most rent payers, their life will remain the same as it is today: the economy will reach a new equilibrium and their lives will be no better financially. But that’s by design- this isn’t meant to be a free ride through life.
- mcntsh 7y agoA $3T program that doesn't "dramatically affect" the lives of "most renters" for the better will be a hard sell. In fact, it would make the lives of the middle/lower class worse off because the tax is in the form of VAT and the removal of welfare benefits.