Venezuela is what you get when you handicap and drive out business, offer unrealistic entitlements, and tax everyone into oblivion. When UBI drives inflation, these stooges will try price fixing, which leads to massive shortages & we all starve as the dollar becomes valueless.
Sure, but those "losers" would be living in their mom's basement anyhow. At least now they would be putting that $1,000/back into the local economy. And again, ~80% of Americans are living paycheck to paycheck. This isn't just something that "losers" experience.
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I'd rather get $12,000 in tax relief each year. Then I can spend my own money, instead of waiting for a re-branded welfare check. Those living paycheck to paycheck are likely making bad life choices and $12k/yr won't fix that. Some people will always out-spend their means.
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In addition to my prior comment, yours enforces the idea that we need to add personal finance classes to high school curriculums and parents should also reinforce smart spending, saving, and planning habits. Maybe read a Dave Ramsey book, while you're at it!
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