If you have basic universal income, all products and especially rent becomes more expensive overnight so still not much of a safely net. Increase UBI to keep trend with the prices and you have some serious inflation.
So you can insult and call me pathetic all you want. It doesn’t really help your argument.
How do you address the fact that every other time someone has claimed the same thing about any systemic economic change ruining the economy they have been proven wrong?
[Edit]Oh I didn’t read usernames before replying. I should know better than to expect anything other than insults and boring old tropes from you.
Boo. I am in favour of UBI but I would like to disavow this line of reasoning. “You must be wrong because people like you have been wrong in the past” is just ad hominem with extra steps.
Something that I find odd about this argument is that you’re supposing an increase in prices will subtract from income to counter out the UBI, but it can only divide if you think about it. So it still has a levelling effect.
If you have basic universal income, all products and especially rent becomes more expensive overnight so still not much of a safely net. Increase UBI to keep trend with the prices and you have some serious inflation.
This is the same tired argument that’s been used by the wealth hoarding class since like the 1800s. The facts don’t support it.
8 hour work days will kill the economy - nope
5 day work week will kill the economy - nope
Minimum wage will kill the economy - nope
<Insert the same argument for UBI> - nope
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So you can insult and call me pathetic all you want. It doesn’t really help your argument.
How do you address the fact that every other time someone has claimed the same thing about any systemic economic change ruining the economy they have been proven wrong?
[Edit]Oh I didn’t read usernames before replying. I should know better than to expect anything other than insults and boring old tropes from you.
Fuck off.
Boo. I am in favour of UBI but I would like to disavow this line of reasoning. “You must be wrong because people like you have been wrong in the past” is just ad hominem with extra steps.
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For real. You’re not gonna fix the economy with a single policy. UBI would probably do a lot of good, but not by itself.
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Please try to make your point less acerbically so that we mods don’t have to deal with reports and your arguments don’t get removed 🙏
Something that I find odd about this argument is that you’re supposing an increase in prices will subtract from income to counter out the UBI, but it can only divide if you think about it. So it still has a levelling effect.