Re:Germany begins 3-year universal-basic-income trial
by rorykoehler on Thursday August 20, 2020 @01:34AM
(#24220215)
You should read Andrew Yang's plan on how to pay for it. It is far more affordable than you think.
Re:Germany begins 3-year universal-basic-income trial
by mytailorisrich on Thursday August 20, 2020 @02:41AM
(#24220526)
You do not say what this plan is and what UBI you are talking about.
In my example, which is what this trial does, it is plainly unaffordable.
Re:Germany begins 3-year universal-basic-income trial
by rorykoehler on Thursday August 20, 2020 @03:23AM
(#24220759)
Read his plan
Re:Germany begins 3-year universal-basic-income trial
by mytailorisrich on Thursday August 20, 2020 @04:09AM
(#24221026)
If you can't even summarise how his plan would be affordable in this discussion then... I'll draw my conclusions.
That's a good summary of UBI, actually: It's great, please let's not get bogged down on details like financing.
Re:Germany begins 3-year universal-basic-income trial
by rorykoehler on Thursday August 20, 2020 @05:25AM
(#24221464)
Read his plan. I won’t do it justice in a couple of sentences here
If this expense is compensated by extra taxes on individuals then it is pointless.
If it means making sure that unemployed people receive a guaranteed minimum income then it already exists.
If it means merging all benefits into a single one then it is just a simplication and also already exists, e.g. recently in the UK.
UBI, as in 'everyone gets a payment', only makes sense if there is a source of wealth that does not depend on people to tap into. That's why it is often discussed in the context of massive automation, because then it has merit (basically robots work and you receive their 'wages').