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Re:Moving Forward on Basic Income by wcummings on Tuesday May 31, 2016 @04:10PM (#11809782)
Given how bad Americans are at planning for retirement, I think you're right. BI is a terrible idea.
Re:Moving Forward on Basic Income by onion2k on Tuesday May 31, 2016 @05:36PM (#11810470)
BI would be for everyone, so pensioners would get it too. They'd probably be better off.

Plus, people wouldn't need to save for retirement if they didn't want to. They could spend more which would provide a stimulus to economic activity. That's another benefit of BI.

Re:Moving Forward on Basic Income by wcummings on Tuesday May 31, 2016 @06:16PM (#11810727)
The people who need social services the most are not necessarily going to manage their money well.