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UBI is just lazy form of government subsidies. The main issue here is that government is lousy at dispersing governmental aid/subsidies. Doing UBI means you sav
by homeland221 4y ago
UBI is just lazy form of government subsidies. The main issue here is that government is lousy at dispersing governmental aid/subsidies. Doing UBI means you save the cost of "civil servants managing subsidies" and give 100% of those subsidies to "people in need" (meaning everyone) blindly without any check and balance. What could go wrong? The entire premise of government involvement is not efficient is just false. Look at Singapore. There able to disperse subsidies extremely efficiently. The issue is USA and majority of governmental admnistrators and leaders. Few are in the long hurl, highly educated, and think long-term (several decades) like the Chinese. You get very low quality and lowly educated bureaucrats elected to high position (Canadian Justin, Zelenskyy and Joe Biden are some glaring examples while Asians have Singaporean Prime Minister able to code Sudoku in C++).