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Doesn't food stamps guarantee that you have food on the table for yourself and your family? I fail to see how printing a lot of money to hand out is going to a
by missedthecue 3y ago
Doesn't food stamps guarantee that you have food on the table for yourself and your family? I fail to see how printing a lot of money to hand out is going to a be more efficient use of resources.
- notaustinpowers 3y agoFood stamps have specific criteria to qualify for them. College students don't qualify. Previous drug convictions don't qualify. Being under 65 and not having kids at home only allows 3 months of food stamps within a 3-year period.
- bryanlarsen 3y agoFood stamps are just inefficient money. Print too many of them and you'll cause inflation too.
- missedthecue 3y agoBut only those likely to need them receive them. UBI goes to everyone, me, you, and bill gates. And none of us are starving for food.
- bryanlarsen 3y agoGiving money to poor people is more likely to cause inflation than giving money to Bill Gates. He'll just put it in his pile, poor people will spend it quickly.
- beej71 3y agoFood stamps get taken away if you make too much ("the welfare trap").
- missedthecue 3y agoThen we can redesign welfare benefits to fix this. That's not an argument for UBI. Most canadians or americans do not need UBI to put food on the table, so most UBI spend will be wasted if basic food security is the goal.
- beej71 3y agoHow about a negative income tax? Sounds like it solves both our problems.