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UBI is not socialism. In fact, it is more of a libertarian policy where choices are made by individuals. Keeping people from falling off economic cliffs is lik
by SubiculumCode 6y ago
UBI is not socialism. In fact, it is more of a libertarian policy where choices are made by individuals.
Keeping people from falling off economic cliffs is likely to be more productive than letting them become homeless for the rest of their lives. That productivity offsets inflation risks. Technology and automation increases offset inflation, because they make us all more productive.
- calmchaos 6y agoHow do you get all that money so that you can pay people UBI? Either you have to raise taxes sky high or you start printing money like never before. Both are poor options.