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A comment on Can Universal Basic Income Transform Society?. Parent comment

Re:Can Universal Basic Income Transform Society? by imgabe on Wednesday July 17, 2024 @12:52PM (#40987828)
Yes, because there are large sectors of the economy that are not just government spending and the government taxes those to support the sectors it does spend on.

Every time you take a sector that is private and replace it with one provided by the government, you reduce government revenue and increase government expenses. How many times do you think you can do that?

The government is not a magic fairy godmother that produces things you want out of thin air.

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Re:Can Universal Basic Income Transform Society? by micromacrofoot on Wednesday July 17, 2024 @02:34PM (#40988889)
> How many times do you think you can do that?

I mean, maybe a couple more times? privatizing healthcare specifically has been studying extensively and is very likely to save large sums of money

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Re:Can Universal Basic Income Transform Society? by imgabe on Wednesday July 17, 2024 @02:55PM (#40989105)
This is the opposite of privatizing. Publicizing I guess.

The government already spends more than it takes in and is $32 trillion in debt.

There are definitely a lot of inefficiencies in healthcare, many of them could be solved without the government taking it over.

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