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It's a proposed solution to mass unemployment scenarios. If the government wanted to give people money right now, it would just lower income taxes. If you hav
by j_timberlake 1y ago
It's a proposed solution to mass unemployment scenarios.
If the government wanted to give people money right now, it would just lower income taxes.
If you have a better solution to mass unemployment, feel free to share it with the rest of us.
- km144 1y agoHow about... greater benefits to people who are unemployed? I mean, UBI is inherently a poor policy for "mass unemployment scenarios", because there is no feasible scenario in which the majority of people are unemployed. To give UBI to people making around the median wage or higher because there is mass unemployment due to automation that doesn't affect them doesn't seem like a good use of money at all.
- j_timberlake 1y ago"there is no feasible scenario in which the majority of people are unemployed" Try not to ever forget you said this, you'll find it hilarious in the future. The value of typical human labor never stops falling, while the costs of employment never stop rising. Something's going to give, and it's not going to be the profits.