It's not "free money" but yes.http://www.scottsantens.com/basic-income-faq …
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I’m a conservative, but I’ve been advocating for this since 90’s. Replace welfare, food stamps, free housing, free ocare with UBI. 1 govt program instead of dozens. Conceptually set min wage to $20/hr and ubi to $12/hr.
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Consider it a dividend to citizens as owners of national assets- an entirely conservative approach! Owners should get dividends and should be able to pass assets to children!
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They already tested this somewhere in the Netherlands & it failed. No one went to work anymore.
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Govt money will cause prices to inflate faster then the money for basic income received making ever more ppl poor & requiring Govt to increase taxes to continue to pay ever more to maintain the basic income until it collapses over time eg college costs
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Yes: The middle class should have gotten the big tax break. It always trickles up, but not down.
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No, it's tech monopolies testing how we adapt to accepting recieving an allowance from them in return for not calling them out for what they're becoming.
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No and I'll take it if there's no strings attached 51grand.If it's coming from Zuckerberg he can definitely afford it
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Interesting idea, it's been talked about in America before; specifically, if the U.S. gov't gave every non-millionaire+ citizen a ONE-TIME $1M payment (approx. $314M), that would be reinvested back into the economy_homes, autos, clothing, stock; a fraction of many gov't programs.
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Or would it just mean that businesses are going to raise their prices?
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UBI should help people, not the economy. But I suppose the WSJ has a bias when it comes to this.
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It is time to put it into practice.
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