Nope it’s not.
In order for welfare to be « legalized » , and for taxpayer to accept that their money will go to «Non-Active» individuals it’s necessary to have a cultural fit between the two.
You cant tax like Norway or France ( 40% overall ) if people believe that you should work to earn a living, it’s not right to do so. American would never accept such sky high taxe rate if it cause against their believes and thus their culture.
US rely on entrepreneurship which create wealth which enable people to buy goods/services.
This is 100% cultural not propaganda.
One doesn’t just “have” a lot of money. People work hard for their money. A high wage is a signal saying, “We (society) value what you do and wish more people would do it.”
If you think profitable investing is easy then you don’t invest. Ask yourself, if profitable investing is easy, then why do wealthy people pay venture capitalists to choose their investments?
That's, at best, highly debatable. I would like data showing that (or the opposite)
> Under any economic regime there will be a poorest 20% at any given time.
That's not what "20% of the population living under the poverty line" means. It means that 20% of people don't earn enough to live decently, which is highly dependent on the economic regime
Contingent benefits disincentivize people from participating in the economy. People paid to do nothing... do nothing.
> For America it's different, America cannot technically afford "BI" because the entirety of the US economy has been built on having 20% of the population living under the poverty line in order for good & services to be cheap and consumed in mass.
Under any economic regime there will be a poorest 20% at any given time.
> Having "UBI" in US would create a skyrocket inflation because worker who are paid 10$/Hour would drop their work and stay at home and do something that is more profitable for them.
It causes inflation because more cash is chasing the same number of goods.
> Hence , the American culture revolve almost entirely around production of good and services for happiness.
Propaganda.