3 ms·
UBI is the recognition that what we pay in services to the poor is more than enough money for them to buy what they need on the open market. The problem is tha
by treis 4y ago
UBI is the recognition that what we pay in services to the poor is more than enough money for them to buy what they need on the open market. The problem is that money is locked up by the bureaucracy who pilfers most of it. Or at least that's what the argument is.
I also think this is country thing. Europe tends to have job markets where private jobs aren't much different than government ones. In the US the difference is stark. Government jobs are basically for life while private ones can fire you the next minute. For all it's drawbacks the ability to fire quickly has a marked effect on business efficiency. There's potentially a large efficiency gain by moving employment from government to private sector.
Or at least so the argument goes.