It's not just that this would help vulnerable people. It will make our economy resilient and innovative. Basic income studies around the world have demonstrated that unconditional cash boosts entrepreneurship. #UBICreatesJobshttps://www.npr.org/sections/goatsandsoda/2019/12/02/781152563/researchers-find-a-remarkable-ripple-effect-when-you-give-cash-to-poor-families …
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A rising tide raises all ships.
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For all those asking how to pay for it: The gov. creates money all the time. As long as the new money does not cause consumption to outpace production, triggering inflation, all is good. We were at 73% prod. capacity before the crisis, less now. Plenty of room for prod. to grow.
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And, while we're at it, here is how a permanent
#UBI could take us to the ideals of a true capitalist free market that we've never achieved
pic.twitter.com/4HIZs1gmYg
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I like this idea but where does the money come from?
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Did you ask this when they gave trillions to the banks & big business bailouts?
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#JusticeMatters#InvestigateUSA#CARESAct@IRSnews@USTreasury#Covid19#EconomicImpactPayment#SocialSecurity addressing#CARESAct please#ExemptAllDebts#UniteAgainstCoronavirus#NotAmericanDebtors in wake of#Covid19#EconomicCrisis@UN@HouseDemocrats@RoKhanna@RepTimRyan
7pic.twitter.com/Cmv9r7dUHq
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370 million people in America $2000 × 370 million = $740,000,000,000 a month Now of course Karen here will also include illegal immigrants. So, add another 30 million people So a billion every month, Karen wants to add to the credit card. Gov, becomes the debt collector
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There is no credit card. The government creates money, it is not owed to anyone. As long as the new money does not cause consumption to outpace production, triggering inflation, all is good. We were only at 73% productive capacity before the crisis, less now. All is good.
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Provide a monthly $2,000 payment to individuals, including children