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The question I can't answer is "what stops a nation voting itself more income?" If every unscrupulous politician can promise to raise the base UBI rate to get
by marcus_holmes 6y ago
The question I can't answer is "what stops a nation voting itself more income?"
If every unscrupulous politician can promise to raise the base UBI rate to get elected, what stops that?
Obviously, inflation will fix it in the relatively short term, but that's not a good result. And there's an unscrupulous politician in power.
- imtringued 6y agoThere's a more general problem. What's the right amount of UBI? Even with the best intentions someone will be unhappy.
- marcus_holmes 6y agoTrue. But you can never please all the people all the time ;)
- jopsen 6y agoI guess the amount that will generate GDP growth.. In the end, it probably doesn't have to be perfect, just better than status quo.
- account42 6y agoWhat's stopping a nation for voting itself more than 0 UBI now?
- growse 6y agoWhat stops a nation voting itself lower taxes? If every unscrupulous politician can promise to lower taxes to get elected, what stops that?
- marcus_holmes 6y agoPoliticians tend to promise to spend more taxes on projects that will benefit some segment of the population. In the UK "more money for the NHS" is a definite vote-winner.
- deleted 6y ago[deleted]
- umvi 6y agoWell, according to Benjamin Franklin (ostensibly), “When the people find that they can vote themselves money that will herald the end of the republic.” So basically, any nation that increasingly votes itself more money stops being a nation pretty soon