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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.

8 of 1,145 comments (clear)

  1. Violent by Mike · · Score: -1, Flamebait

    Of course such a crazy scheme would cause more property in the long run just like all handouts do. But more importantly, it's important to remember that money does not grow on trees. The only way to fund such a thing would be to take money from others (under threat of violence, ultimately) in order to get compliance. But of course this is the main thing that those who favor socialist ideas do not understand. It is a shame.

  2. Re:UBI will reach 100% of tax by ChrisMaple · · Score: 0, Flamebait

    Military should be curtailed.

    Prove it. Prove that we won't be attacked by any opportunist with armed forces if we disband ours.
    Stop being a fool.

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  3. You are Fucking Right We do by Anonymous Coward · · Score: -1, Flamebait

    EVERYONE should work.

    And before you get started, just tell me how you feel about Clinton getting more money for one speech than many will make in a Lifetime. Or her bitch spawn getting 6 figure, no show job...It's like the Sopranos with these people.

    So take your "Republicans Want" bullshit and shove it up your fucking ass, you cunt.

    Then find some of those "easily accessible" guns and blow a hole in your empty skull.

  4. Re: added benefits by Anonymous Coward · · Score: 0, Flamebait

    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.

  5. Re:The Republicans want to make everyone work by MightyMartian · · Score: -1, Flamebait

    A person who cannot do anything because robots and AIs have taken over most of the low and middle tier jobs is not being lazy. What an absurd position, but what can you expect from the idiots and sociopaths that are Libertarians.

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  6. Re: The Republicans want to make everyone work by DNS-and-BIND · · Score: -1, Flamebait

    Did you even read what the man wrote? Social services were a temporary solution, a safety net. You're supposed to have the net catch you if you fall, then you get right back up again. The safety net is not a lifetime guarantee of free money and phones in exchange for voting Democrat. Unfortunately that's what it's become today. We all saw that during Katrina, people had been on welfare for three generations and were utterly incapable of doing anything for themselves, government had to do it all.

    --
    Shutting down free speech with violence isn't fighting fascism. It IS fascism!
  7. Re:The Republicans want to make everyone work by cryptizard · · Score: 1, Flamebait

    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".

  8. Re:Lots of bad assumptions here. by cayenne8 · · Score: 0, Flamebait

    Don't sit around waiting for someone else to "give" you a job; much less to just give you money. Look around, find something you can do for other people, and do it.

    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.........