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The Case Against a Universal Basic Income (vox.com)
An anonymous Slashdot reader writes:
A prominent think tank founder argues that a Universal Basic Income is more likely to increase poverty than decrease it. Robert Greenstein, president of the Center on Budget and Policy Priorities, estimates just in the U.S. the cost would reach $3 trillion a year, "close to 100 percent of all tax revenue the federal government collects... A UBI that's financed primarily by tax increases would require the American people to accept a level of taxation that vastly exceeds anything in U.S. history..."
In a long interview with Vox, he warns that "If you have big, very expensive, and therefore highly politically unrealistic proposals, then I worry that people will look at them and say, 'Okay, we can do one or two pieces,' and too often the pieces that get selected out are pieces where a lot of the money goes to the middle or upper middle class... even UBI's staunchest supporters say we can get there in 15 to 20 years. I am totally not comfortable with any policy prescription that says we wait 15 to 20 years to deal with very deep poverty." He suggests instead focussing on the neediest people first, possibly by subsidizing jobs programs and making housing more affordable.
In a long interview with Vox, he warns that "If you have big, very expensive, and therefore highly politically unrealistic proposals, then I worry that people will look at them and say, 'Okay, we can do one or two pieces,' and too often the pieces that get selected out are pieces where a lot of the money goes to the middle or upper middle class... even UBI's staunchest supporters say we can get there in 15 to 20 years. I am totally not comfortable with any policy prescription that says we wait 15 to 20 years to deal with very deep poverty." He suggests instead focussing on the neediest people first, possibly by subsidizing jobs programs and making housing more affordable.
Prove it. Prove that we won't be attacked by any opportunist with armed forces if we disband ours.
Stop being a fool.
Contribute to civilization: ari.aynrand.org/donate
Are you not paying attention?
Go to any black neighborhood. Look at the cars. The hubcaps. The stereos. The shoes. The starving children without fathers.
Yes, you dumb shit, you cannot trust them.
You are entirely missing the point. The reason that some people (i.e. black people) are behind the economic curve is because of centuries of slavery followed by another century of government-imposed segregation and racism. We need policies like this because, for them, the game was explicitly rigged. You can't cheat for hundreds of years and then one day say, "ok starting now we play by the rules, sucks that you are so far behind lol".
But, that's just NOT the millennial way.....gimme, gimme gimme (for free) is the new paradigm of youth it seems...
Light travels faster than sound. This is why some people appear bright until you hear them speak.........