Chris CM. Martinez · 5 answers · 3y
What are the pros and cons of universal basic income? 🙂
What are the pros and cons of universal basic income? 🙂
Pros are that the money gets put back into the economy. Cons are that inflation (over an extended period) will offset these gains and render them useless. Similar to how social security isn't enough for most retired folks to live on and welfare recipients still require subsidized housing.
Between that and universal health care, people will be able to get out from under the thumb of employers who have been lying, cheating, and stealing from their labor forces for decades and those companies will actually have to offer more in order to keep talent. There are no cons. Some people like to complain about how it will make people lazy, that's your corporate master talking - people will still work and want to work, they will just be chasing their own happiness instead of being miserable to make YOU rich, Mr. Burns ...
yes, it would 100% be abused by some people, but that is not a good enough reason to let people continue to suffer. Even if they are lazy, so what? Show me a lazy MF sitting in his gummint house doing nothing and I'll show you a guy who's not causing trouble
Pro: people won't have to stress out all the time over their jobs because there'll be a safety net so they can't end up homeless, it'll be a more compassionate country where we don't let a sizable proportion of the population live on the streets and beg for money for food every day..
Con: less incentive to work, maybe not enough people would choose to work to pay for the people who don't..
That even non existent people on non existent planets would benefit! Think universal! It is a commy thing and we must work for the pink apes on Mars!
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