Earlier quoted context omitted.
> > Many people wouldn't consider the UBI to be enough to sustain their lifestyles so they'd continue to work > No they wouldn't. They'd vote for an increase in UBI. UBI isn't magic. If you raise UBI to high for the conditions in the economy to sustain, it drives inflation such that further increases to the nominal UBI level produce ever smaller increases to the real UBI level. (And people who understand this, and th…
That's nice in theory but unfortunately we have real-world counterexample: Greece. The people will happily vote for their government to spend more than they can afford, and they'll do it again and again.
That people can vote for a government which enacts policies which have an unsustainable balance of spending vs revenue is true independently of the presence of absence of a UBI, and not any kind of argument against a UBI. And it also has inherent limited, as seen recently in Greece, by access of the government to credit.