What are their points and evidence and what are your counterpoints and evidence?
Discussion
Will artificially inflate wages
If bob down the street gets for example 20k for doing NOTHING
Then I as a person making 40k would demand 60k as 20k is the baseline.
It will screw everything up if we implement it in the wrong way without any foresight
That and prices will adjust to account for the base UBI anyway… and how do we pay for it? Plus dependence.
Not to mention fraud that will pop up
There is an argument that in theory hyper productivity due to AI wages COULD be meaningless and the cost to make something would essentially be 0
I am very curious to see research about it just because there isn't much evidence either way and both sides get really uppity when asked about that.
Logically it doesn’t make much sense to me but I do want to see hard data too.
Andrew Yang made the case for UBI in hia book, The War On Normal People.
He claimed we could give each American $1,000 while cutting expenses. To be honest, I thought he made compelling arguments.
Then the lockdowns happened. Trump talked to Yang. Tried UBI, signed is name on the "stimmy checks."
That's when I realized the error in Yang's plan. The government is not capable of UBI without pushing the money printer button.
So you decided to change your morals instead of the government? Weird