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Psychological side effects aside, the economic math really points towards UBI. Current economic strategies really favor constant consumer spending to keep the
by chansiky 6y ago
Psychological side effects aside, the economic math really points towards UBI. Current economic strategies really favor constant consumer spending to keep the wheel turning, and one of the best ways to do so is to make sure the bottom layer is fed.
We haven't gotten here by accident either. What about raising the minimum wage? What about lowering interest rates? Its a sign that people including the wealthy and powerful are worried about an economic collapse. I don't think the labor participation rate or psychological ramifications are really on their minds as much as their fear of economic loss.