RE: UBI - Universal Basic Income, explained simply

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UBI - Universal Basic Income, explained simply

in basicincome •  7 years ago 

Free money from the heavens? Sign me up!
Although it kind of worries me that a price tag is never attached to these proposals. Need some honesty please. Nothing is free.

basicincome
7 years ago by

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      ·  7 years ago 

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        ·  7 years ago 

      According to both articles, it is free money. - Receiving money, having not earned it. Neither article covers actual cost of the plans which would likely be as much as 10 times the current federal budget for the US, or in other words, half of the GDP of the entire country.
      And to 'fund' the plan, the only suggestions are endless taxes or to have the government print the money.
      Hardly sounds ethical. Beginning a charity plan with theft is on its face immoral.

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