UBI support Poll

[neil]

I am for a form of a UBI if it's implemented in an economically feasible and valid way.

I am opposed to implementation of a UBI if it's a fixed guaranteed amount; it has to essentially be an amount that varies based on the performance of the economy.

For instance, let's suppose that the economy is performing modestly, and as a result, each recipient is receiving $1,000 per month during this time. Let's say that the economy performance improves a few months later; then the amount could be increased to - say - $1,200 per month & if the economy performs poorly in the next few months, then the amount could be decreased to - say - $800 per month.

If the overall economy does well, then everyone gets rewarded & if the economy does poorly, then everyone has to tighten their belts.

In other words, make it more like dividends. Andrew Yang called his UBI plan the Freedom Dividend, but he only spoke of making it $1,000 per month and not like actual dividends. I'm saying make it like actual dividends.

This isn't economic socialism & in fact it's more consistent with a free-market economic system and property rights than what we have today.

What we have today seems like something based on & stemming from what I like to refer to as an imperial system & it's the remnants of a feudal system - serfdom.

We currently don't have consistency when it comes to property rights without some sort of UBI. What I mean is not a system that implements a UBI as a social safety net, but rather as a system that compensates society in exchange for recognition of property rights.

Under that plan, can you justify the desperately poor having to ‘tighten their belts’ during an economic downturn? And what’s wrong with economic socialism anyway?

Boru

No, I can't justify it; however, with a UBI, the desperately poor would have more money than they do today without a UBI.

There are feasibility issues with economic socialism, such as the economic calculation problem.