Re:Stockton extends its monthly $500 UBI payment experiment
by dahfizz on Tuesday June 02, 2020 @03:13PM
(#23394945)
Strongly agree. Any form of government-paid safety net is actually an inefficient UBI in disguise.
By giving the money directly to people, they get to spend it how they want. By definition, they are extracting the most value possible from that UBI. If you instead give them goods + services through a government agency, you also have to pay all the bureaucrats and you are limiting the choices the recipients now have.
By giving the money directly to people, they get to spend it how they want. By definition, they are extracting the most value possible from that UBI. If you instead give them goods + services through a government agency, you also have to pay all the bureaucrats and you are limiting the choices the recipients now have.