5 ms·
You can ration funds like welfare programs already do for at-risk groups. For example, instead of paying $1500/month, you could do a direct deposit of $375/week
by ppereira 12y ago
You can ration funds like welfare programs already do for at-risk groups. For example, instead of paying $1500/month, you could do a direct deposit of $375/week or $50/day. Furthermore, a basic income is not designed to completely replace programs offered to the disabled or other special needs groups (although it would help). A basic income is designed to remove the perverse tax incentives and byzantine bureaucracy heaped on the "normal" patch-of-bad-luck group.
- discardorama 12y ago> For example, instead of paying $1500/month, you could do a direct deposit of $375/week or $50/day. ... and thus will be born the "BI loan" industry: take $1000 now, and we'll collect your $375/week.