CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Universal Basic Income: A Thoroughly Wrongheaded Idea Tue Jan 15, 2019 8:55 pm | |
| This new Congress will almost surely hear about schemes to provide a universal basic income (UBI) – the idea that the government would give each person a minimum monthly sum regardless of circumstances or need. UBI has gained considerable popularity of late, certainly among left leaning politicians but also among several celebrity business people in Silicon Valley and elsewhere. [url=https://twitter.com/intent/tweet?url=http%3A%2F%2Fwww.forbes.com%2Fsites%2Fmiltonezrati%2F2019%2F01%2F15%2Funiversal-basic-income-a-thoroughly-wrongheaded-idea%2F&text=Though in some contexts UBI has a surface appeal%2C it is otherwise entirely wrongheaded.]Though in some contexts the idea has a surface appeal, it is otherwise wrongheaded.[/url] It would steal resources from those truly in need for broader distribution. It would effectively warehouse people who might otherwise find ways to contribute to society and do so at great cost.
https://www.forbes.com/sites/miltonezrati/2019/01/15/universal-basic-income-a-thoroughly-wrongheaded-idea/#5dfccf7445e1 |
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