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Comment by RagnarD

1 day ago

"... new policies like universal basic income."

Is the engine honest enough to reality to demonstrate failure?

16 comments

RagnarD

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scubbo  1 day ago

OK, I'll bite - what would a failure of UBI look like?

  • graphime  1 day ago

    > OK, I'll bite - what would a failure of UBI look like?

    Higher taxes for anyone earning over $100k

    Higher cost of living, and lower quality of life for anyone earning below $60k

    Politicians and corporations earn billions in profits on UBI distribution fees, and incentive spending/automatic deposit programs (contribute your UBI directly to health insurance and it’s tax exempt!)

    • scubbo  1 day ago

      > Higher taxes for anyone earning over $100k

      Not a failure. Society working as intended.

      > [...] lower quality of life [...]

      Agreed, that would be a failure, if it were to happen. How on earth could "giving people money" lead to a lower quality of life for them?

      > Politicians and corporations earn billions in profits on UBI distribution fees

      As opposed to the much higher fees accrued by the more-complex means-tested programs today?

      10 replies →