3 ms·

Ubi would go into homeowners. Hell at some Point they will raise rent by the ammount of the ubi because they know people can afford at least that

• jlmorton 5y ago
  It's far too simplistic to say UBI would go to homeowners. In a supply-constrained environment, it's true that a higher capacity to pay would lead to higher prices, but that's not some general truth. If it were, you could say the same thing about wage increases. Any policy goal seeking higher incomes would be useless: it will all just go to homeowners. Why bother with public education? Sure, it will increase incomes, but it's all just going to go to homeowners.
  • wizzwizz4 5y ago
    Substitute “homeowners” with “farmers”. It'll all go to food costs. (Yet I don't hear anyone making this argument; what's different about food?)
  • mrkentutbabi 5y ago
    Public education doesn’t directly increase earning. Learning takes effort. Also you can learn useless stuff that has no demand. UBI is a handout. It takes zero effort you might as well lie down and be a rock.