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Even with UBI I don't think we as a society would ever accept doing away with other social safety nets. Oh you spent all your UBI on booze and hookers? Too bad for you, you get to starve and freeze to death outside now. Yeah, don't think that's gonna happen.
I'm not trying to judge, but many people who need social safety nets need it to be administered and restricted for their own good. That's why we give people food stamps, not just say here's $250 and make sure you only use it for food. Or a homeless shelter versus here's $250 promise to use it for a hotel ok? UBI is basically giving the person the cash and trusting they'll do the right thing with it. There's always going to be a certain percentage who don't.
Yeah, this is why I didn't want to think about all the details yet... Unfortunately, with welfare, people will also game the system as a way to not work and are incentivized not to work because it's going away when they do. At least with this system, those who blow this money away is personally responsible for any dire situation they put themselves in.
Yeah, this is why I didn't want to think about all the details yet... Unfortunately, with welfare, people will also game the system as a way to not work and are incentivized not to work because it's going away when they do. At least with this system, those who blow this money away is personally responsible for any dire situation they put themselves in.
The only way UBI will work is if we're prepared to literally let people who make bad choices with that money starve. The same people calling for UBI are too emotional for that.
Frankly I'm not against it if it eliminates the federal welfare state bureaucracy completely and reduces my tax burden.
The only way UBI will work is if we're prepared to literally let people who make bad choices with that money starve. The same people calling for UBI are too emotional for that.
Frankly I'm not against it if it eliminates the federal welfare state bureaucracy completely and reduces my tax burden.
I see UBI as a way to prevent all of the wealth from being hoarded into the hands of a few and to let it flow through the system. I think an economic system would fail if it allows the massive concentration of wealth into an extremely disproportionate few but many attempts to correct it also end up disincentiving others to participate in it. We'll, that's just my hypothesis and I'm sure most here have a rebuttal but I've probably heard them all 1000x.
I don't have a supercomputer to simulate this but the main variable to adjust is the amount of UBI a month that'll achieve optimal economic growth. What's the optimal amount? $0/mo? $1/mo? $100/mo? $1000/mo? It's anyone's guess right now and it also depends what else we cut. But in any case, I don't care if others make bad choices with their spending under this system; tough love for them until they get their next check the next month.
I see UBI as a way to prevent all of the wealth from being hoarded into the hands of a few and to let it flow through the system. I think an economic system would fail if it allows the massive concentration of wealth into an extremely disproportionate few but many attempts to correct it also end up disincentiving others to participate in it. We'll, that's just my hypothesis and I'm sure most here have a rebuttal but I've probably heard them all 1000x.
Fair enough, but the government's the one causing wealth to concentrate through onerous regulation and absurd taxation policy. I wouldn't trust the government to undo that.
Quote:
Originally Posted by ragnarkar
I don't have a supercomputer to simulate this but the main variable to adjust is the amount of UBI a month that'll achieve optimal economic growth. What's the optimal amount? $0/mo? $1/mo? $100/mo? $1000/mo? It's anyone's guess right now and it also depends what else we cut. But in any case, I don't care if others make bad choices with their spending under this system; tough love for them until they get their next check the next month.
The only way UBI would be palatable for me is if we eliminated ALL entitlement and welfare programs, including Socialist Insecurity and Medicare.
I don't have the exact number on an optimal amount but a good starting point would be to take every penny the Feds spend on entitlement and welfare programs, cut it in half, and divide that by the number of people.
Fair enough, but the government's the one causing wealth to concentrate through onerous regulation and absurd taxation policy. I wouldn't trust the government to undo that.
The only way UBI would be palatable for me is if we eliminated ALL entitlement and welfare programs, including Socialist Insecurity and Medicare.
UBI is so repugnant to me on every conceivable level. It is the devolution of the human species. Putting aside people with disabilities who cannot work ... Anyone who can but chooses instead to exist in a suspended animation of Cheetos, Minecraft and Pornhub underwritten by the work of others should be whisked away and air-dropped in the middle of the wasteland with nothing but a loincloth and a bag of seeds. This is your final exam as a human being. Meet up with us again in a decade or so riding a wild mustang pulling a travois loaded with squash, peas and the furs of animals you've killed or become dust.
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