5 ms·
> living off $1k a month where I live (and it's a relatively cheap area) isn't feasible Nor is an additional $3 trillion/year expenditure feasible forever. Th
by commandlinefan 7y ago
> living off $1k a month where I live (and it's a relatively cheap area) isn't feasible
Nor is an additional $3 trillion/year expenditure feasible forever. That's what's so disturbing about discussions around UBI: there seem to be people who, genuinely and unironically, believe that the reason some of us are concerned about the concept is because we don't realize how happy not having to work would make people. They appear to believe that, once they've demonstrated that yes, it will really make people happy, they'll have won the fight for UBI.
- fartcannon 7y agoThere will come a time when we are capable of a post-scarcity society. Is that now? Maybe. Maybe not. How do we know if we don't try. Make it our target, and we will solve the other problems. If we never change, we will never change. Let's try to make our lives better.
- danielscrubs 7y agoI agree. For anyone else that has a hard time knowing how much taxes the US has to play with, I checked the US military budget and it's around $721.5 billion for 2020.
- manicdee 7y agoSo you wouldn’t plan an extra $3B in taxation to reduce inflation? Remembering that governments with fiat currencies don’t tax for income, they tax for constraining money supply.