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@B3VGV2T 2mos2MO
Universal Basic Income (UBI) could significantly reduce poverty and inequality while boosting economic activity. By providing a guaranteed income floor, UBI could improve health outcomes, increase employment, and support entrepreneurship.
Data and Statistics to Support UBI:
Poverty Reduction:
A UBI could effectively eliminate poverty. A 2020 study in Brazil showed that a pandemic relief program with a monthly income of $110 (600 reais) per month to 25% of the population significantly reduced the poverty rate.
Improved Health:
Studies have shown that UBI recipients report better physical and… Read more
@B59XH582mos2MO
This is socialism and would ruin the free market. As well as decrease the incentive to make money and grow the economy.
@B59V8NF2mos2MO
Very few people are truly deserving of such assistance from the government. Majority of the current people have the ability to not require even their current funding needs, if they made smarter choices, or couldn't rely on the government.
I agree. If the state is gonna exist i would rather it exist mainly just to fund the pubic rather than as a enforcer of authority
@7FDN267Libertarian 2yrs2Y
Those who are able and refuse to work actively limit the ability of the Government to provide financial assistance to those who actually need it.
@9GTNTG8Republican2yrs2Y
I believe that many people in the united states take advantage of financial aid. I do believe in some instances that financial aid is useful, but since so many people take advantage of it then I believe it needs to be limited. it is not fair for people to choose not to work and live off of financial aid.
@TheHillbillyLordRepublican5mos5MO
Some people do need financial aid, but a lot of people are just choosing to live off of financial aid and not get a job.
@Name-IrrelevantConstitution 2yrs2Y
Those depending on welfare are already being manipulated every election season. "Vote for me or the other guy will take your benefits away." We don't need an entire society at the mercy of the state, who can threaten to take that income away whenever we step out of line.
@9GN56PS 2yrs2Y
We all start at $0 currently in this world. But if we started at the living wage, we wouldn’t have to worry about how we can eat, live, or survive. It’s like a Chuck E-Cheez, give people tokens to participate and you will see an explosion in involvement and innovation of new businesses that benefit us all rather than financial struggle.
@9G4GJQV2yrs2Y
Universal basic income is unjust, for it is helping some but placing the burdens on others, it is not fair for one to pay for another without the consent of the payer.
@9GTLTYR2yrs2Y
There is no such thing as a free lunch. A tax break for one generation guarantees a tax hike for future generations. Decrease economic output. People respond to incentives.
@9FT79ZV2yrs2Y
If we do have a U.B.I., It takes a lot of money to cover it. We would have to rase taxes and people would nt want to pay it. This would make GDP suffer and US defict would increase and the state would have to take more and more.
@VulcanMan6 2yrs2Y
We wouldn't have to increase taxes, heck we could just take some of our military spending to cover it if need be. More importantly, what exactly is the "price" of ending poverty?
@9G3468YRepublican2yrs2Y
No, it will make people stop working and rely on this for a living. Also, the income poor people receive comes from the majority of the middle class. So instead of raising the lower class up, it seems that by doing this we will be pushing the middle class further down so that they are more equal to the lower class.
@VulcanMan6 2yrs2Y
“No, it will make people stop working and rely on this for a living.”
Literally every test and study that has been done on UBIs has proven the exact opposite. When provided a guaranteed stable income, very few people actually quit working completely, and of those that did, the overwhelming majority were either mothers who chose to stay at home to raise their kids or young adults who chose to instead attend higher education. Additionally, having that guaranteed financial stability often led people to leave lower-paying jobs and pursue higher-paying careers instead, thus promoting wage increases all across the area, since people are less dependent on staying in crappy low-wage jobs. It's an improvement that benefits everyone, except for those that rely on exploiting the poor...
@AwedRobinLibertarian2yrs2Y
The famous Mincome experiment in Dauphin, Canada in the 1970s saw a small decrease in work hours, mostly among new mothers and teenagers. However, this was a time-limited experiment in a single town, during a period of high inflation and unemployment.
In addition to this, the funding of a nationwide UBI is a significant concern. It would require a substantial increase in public expenditure, which would likely necessitate higher taxes or increased public debt. For instance, a UBI set at the poverty line in the U.S. (about $12,000 per year) would cost approximately $3 trillion per year, about… Read more
@VulcanMan6 2yrs2Y
There are more experiments and tests done on this than just that Canadian one, and yet they all show objective improvement.
Secondly, the price isn't as significant of a concern as it sounds when considering the fact that such a UBI drastically improves economic stimulation to begin with, as well as prevents the unnecessary public costs we currently have to put into alleviating issues of homelessness and poverty, which would would largely be resolved by such a UBI. Not to mention the number of other programs and bureaucracy that this could eliminate the need for, and the savings that come… Read more
@AwedRobinLibertarian2yrs2Y
The US experimented with UBI when the government sent out relief checks after COVID.
This caused massive inflation.
How would UBI not cause inflation?
@3GVRL35 3wks3W
Eliminating the need to pursue these basic principles of survival will allow people to focus on health, education and mental wellbeing which will decrease crime and improve quality of life for all citizens.
Have you ever starved? What about children who need help? Children will starve without food and I feel like food is a necessity.
@9SF9ZPL11mos11MO
With everyone having a much easier time with economic problems, more serious problems like racism, gun violence, and more would have the focus of everybody as money wouldn't be the first worry.
@9N4ZXVPLibertarian1yr1Y
Cost and abuse. What mechanisms would be in place to stop recipients from spending their UBI on whatever they want- regardless of necessity?
@9KXV2KP 1yr1Y
You are not taking into account people who didn't work for or earn that money, and billions or extra dollars will be taken from the American tax payer that they rightfully earned.
@9HS4B5GLibertarian 2yrs2Y
Who will pay for this? Currently it seems like republicans take from middle class to give to rich and Democrats take from middle class to give to poor
@9HLWQ69Libertarian2yrs2Y
No. This will lead to mass abandonment of the work force, particularly in customer service based occupations such as: retail, food service, etc.
@9LZVW3C1yr1Y
The money would have to come from somewhere so it would cause a new tax burden and it would artificially increase the cost of goods.
@9LYPFQF1yr1Y
Socialism has been shown to fail time and time again. It leads to economic stagnation and eventual failure. Capitalism may have its faults, but they it is better to control capitalism and keep it under check than to try and deal with the idealistic mess that is socialism. Humans are too imperfect for such a system to work.
@9LSR4K91yr1Y
Universal basic income is a floor to stand on. Ensures that everyone can get their basic needs met. You won’t be penalized or have your money cut off for making more money. After making over a certain amount of income, the basic income can be recouped through taxes. Like is someone makes over $200,000 annually.
@9LRBRNS1yr1Y
There should be a limitation to ensure that people are not disincentivized to work and leech off the state.
@9LPKMK81yr1Y
I believe that many people in the united states take advantage of financial aid. I do believe in some instances that financial aid is useful, but since so many people take advantage of it then I believe it needs to be limited. it is not fair for people to choose not to work and live off of financial aid.
universal basic income helps everyone that needs it and does not stunt the economie as they government recives enough money in taxes to afford this. the amount of money that persons with disabilitys get is not enough to support someone and it deprives them of basic human things like love. it does not work so something like universal basic income is better for everyone involved.
@9FMXHRS2yrs2Y
Doesn't support a capitalistic economy. Less growth and prosperity, as well as a higher national debt, high interest rates, and high inflation.
@9FB2NL52yrs2Y
That only individuals who can't support themselves due to age or a disability should receive supplemental income. All other citizens should be required to finance their own life.
@9GBDTKP2yrs2Y
Single mothers become stressed and depressed trying to provide for themselves and their children and I think that this would take a lot of stress off their shoulders.
@9F7ZYX72yrs2Y
Evidence from hundreds of studies shows that unconditional cash transfers (a form of UBI) have an empowering effect on the recipients. Not only is the money not wasted, but total expenditures on "temptation goods" (alcohol, tobacco, etc.) actually decrease. Furthermore there is no systematic evidence that a UBI discourages work. Some studies even report an increase in labor participation among recipients. And because an influx of cash encourages more total expenditure, UBI tends to have a positive effect on overall employment, even among non-recipients. The interesting exceptions… Read more
@9G8P5KL2yrs2Y
Universal basic income incentivizes more people to not work. It is also proven that working makes people healthier.
@button_down_royalty_ 3yrs3Y
Personally, I do believe this would greatly improve the quality of life for many people. Yes, it is true that some people may spend it on things like drugs which are detrimental to their physical and mental health, but for most people it would keep them afloat through tough times (like sickness, injury, loss, etc). There is also the stance that it would give the government control. That is true, and a concern for me and others, so I would propose something like a yearly or three times yearly review and vote by the people of each area for how the current system is working and if they need more… Read more
@9GF574T2yrs2Y
As a free and predominantly capitalist country I believe that you should live off and bear the fruit of your own labor and so do not agree with the practice of harvesting someone’s work to give to someone else who didn’t work for it
@9FVKRWL2yrs2Y
This should not be supported. People will be lazy and will never go to work again. Instead, they will ruin the working class
@9FZB3ZN2yrs2Y
That would destroy capitalism and reduce some people's will to innovate. If people have a higher risk or effort for a lower reward then why would they continue to work in such an environment.
@9FW6CZ42yrs2Y
Here’s a great article to support my Idea that degrowth is good—> https://useast2-www.securly.com/broker.php?reason=&categoryid=2147483648&policyid=0&i2n=3672037325&url=d3d3Lm5hdHVyZS5jb20vYXJ0aWNsZXMvZDQxNTg2LTAyMi0wNDQxMi14&ssl=true&pac=true&rand=673927515&spac_did_sync_token=b53030affe8cb0ededc11f56dac716c8
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