3 ms·
The narrative for UBI is strong enough, the details on its policy and implementation isn't. I think there's a couple of major initiatives that people need to ta
by spyckie2 6y ago
The narrative for UBI is strong enough, the details on its policy and implementation isn't. I think there's a couple of major initiatives that people need to take:
1) Give UBI to a small county / city for 1 year and study its economic and social impact.
Do the full 12k, $1000 a year grant to a small city. With a 30k population, that's around $500m dollars with research overhead?
One goal (among others) is to show how the money improves the local economy and gets earned back by the government / taxes, since that is a significant part of UBI's way of paying for itself.
2) Create a more robust policy for paying for it.
I want a document that is 50-300 pages long and covers EVERYTHING I can think of, like, 1) what exactly is excluded in the VAT tax? 2) Charts of consumption levels and how much you'll end up paying, with examples of actors at each level. 3) How much does Amazon, Facebook, Google, etc, actually pay for UBI? 4) What is the breakdown of where UBI money comes from in the economy? 5) What are contingency plans for if we have a deficit? Print money? Loan? 6) What are the contingency plans for if we have a permanent deficit, year over year? Inflation?
3) Find out the answer to the harder questions truthfully. The easy questions are things like, "will poor people be grateful for extra money?" The answer is obviously yes. The harder questions are things like "What % of people will spend their UBI on drugs and alcohol?"
You don't want to just brush aside the hard questions and treat them like roadblocks. If it turns out that UBI becomes people's weed stash, you have to look yourself in the eye and say "did we mess up". Of course, we could create policy to limit that behavior, but that comes from addressing the hard questions.
4) I would love personas that detail what the "average" US citizen's economic situation looks like with the population representation. Even if this is more fiction than fact, I think knowing about a Bob Smith who makes X amount of money, spends X on the following, has the following monetary problems, and by the way, is emblematic of another 2-5 million people in the US, would be really helpful for me to understand what the point of UBI is, since I'm not one of the primary users. 15+ of these kinds of profiles would be really cool to read especially if they cover the 70% of Americans living paycheck to paycheck.