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RSS Paulo4UBI

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2 points

Guile Wrote: Let's just offer a roof, food, health, education, services for All instead

That's a very paternalistic view and will lead to waste and corruption. The only person who knows what they need is the benefit recipient. Give them the money and they will ensure that their needs are met. Yes there will be some people who squander it. But what this the point of having food stamps if what you really need is a bus fare to a job across town. Give them the money and they will exchange it for what they need the most

1 point

1. Basic income eliminates poverty traps in the welfare system anyone who works will be better off.

2.That's like arguing that we should keep people poor because prices will go up. Apart from that, if you are poor you will spend your basic income on better food, healthcare, luxuries and debt reduction. The impact on inflation will be small and in modern economies increased demand usually leads to increased supply

3. This isn't a minimum wage.This is a dividend from the government to all rich or poor alike. You could abolish the minimum wage and rely of free market economics to find the right level of pay if you really wanted

4 points

There is a moral argument for UBI that unemployment will always be with us. Whether you argue that automation will take jobs or not.The fact is that policy makers have a measure called the NAIRU Natural Accelerated Inflation Rate of Unemployment. If Unemployment drops below this level then they will take steps to slow down the economy because full employment will cause inflation.

So for this reason alone, we should not punish the unemployed for something that is not voluntary.

The government raises revenue from giving private enterprise our natural resources in exchange for taxation. Do we trust the government to spend that money wisely? Why not pay some of it back directly to the people? This works for the Alaska permanent fund.

Most people will still work when their basic needs are met. Pilot studies have proved it as has everyone who works for more than minimum wage. We already pay welfare but because of the way it is withdrawn when people start working, it traps them in poverty. A basic income has no such poverty traps. On basic income, work really pays.

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