You are viewing a single comment's thread from:
RE: A Novel Take on Basic Income
I think basic income will be good for people, but it depends on the country involved. For example basic income can be successful in countries with natural resources that can be sold, like crude oil like my country Nigeria.
Good point. It could work in the US because we have such a staggering amount of military waste, and in countries like yours because you have oil wealth. But as the world moves toward renewable energy, oil rich countries would have to build up their renewable power industries also to be able to sustain such an expense social program.
Isnt one of the points that it ends up saving money on healthcare and other social services, as it provides people with a means to thrive rather than suffer? Agreed.. if the world cut funding to military... sadly can't see that happening. I love the idea of UBI.
Posted using Partiko Android
It would save some on some social programs, but not healthcare, since that isn't paid for by the government now. Also not nearly enough to make up for the additional costs.
It would be more taking the place of things like welfare, which only some people even get, food stamps, housing vouchers, etc. Again, all things only the poor get now. But even rich people would get the same basic income these poor people are getting. The poor would find that an amount they now get is less than what they used to get combined for welfare, housing, food and utility subsidies. That's if we only took what we're paying now, and spread it among people who aren't getting benefits now as well.
The money really has to come from somewhere it is not going to help people now, which the only thing I can see that being is weapons we won't use and corporations not paying taxes.
I don't think the military reduction solution would be as hard as you think, given that the military protested the amounts they got in the most recent budget as too high!
Yes