1/ Some thoughts: * carrying high levels of debt is bad for people, for families, and for nations * outlawing debt, or outlawing "usury" denies people the freedom to make their own decisions - if my dog needed $5k surgery to live, I'd pay 20% interest for one year, no prob! https://twitter.com/AmericanDan1776/status/1105880770944602112 …
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8/ So you think in a power structure that has already demonstrate that it's willing to transfer from group X to group Y, that this new program will ... somehow reverse the trend? https://twitter.com/GolfKingYang/status/1105889364578631680 …
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Don't you know, UBI will accelerate the decline as follows: "Hey guys, it's time to overthrow this corrupt government" "...Do we still get our $1k?"
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We don't live in a society that respects that as part of its social contract. My own wealth is already redistributed to people who will receive more in benefits than they ever paid. Should I be a faithful workhorse for less scrupulous people until the whole thing crashes down?
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We live in a society
End of conversation
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If you don't go for the hard line libertarian version, then the non-lefty argument for UBI is basically: The problems of transfers to non-needy people are FAR exceeded by the problems of a huge bureaucracy to assess need, impose its own arbitrary moral views (eg. Friedman)
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In real life UBI experiments, total work input has fallen. But the reduction is almost entirely concentrated on second earner in a family. In other words, it seems to support a more socially conservative lifestyle. Caveat: only really tried in fairly uniform ...
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