Universal Basic Income – Poll Results from IGM Economic Experts Panel
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Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#2The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI.
UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits!
I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed.
A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced by automating labor to fund a basic income.
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#3Isn't the confidence implied in the vote? i.e. isn't "Strongly disagree" really just a vote for "disagree" with great confidence?
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#4The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…
How do you reconcile the massive increase in spending this would cause?
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#5The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…
Yeah, $13k + no Medical is insanity. It's seems like the question was framed specifically to fail.
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#6The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…
Unless it serves as a replacement for almost all handouts, it will never get the votes to pass in the US.
Also, Social Security is effectively a UBI for old people. Why would you keep it around?
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#7I don't know a better way to put this. The whole UBI idea that shows up here a lot (e.g. https://stratechery.com/2016/the-brexit-possibility/) is just naive. And now we have a nice poll of the experts to justify that judgement. UBI of $13k has the same support from experts as does denying climate change.
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#8The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…
How do you reconcile the massive increase in spending this would cause?
A flater tax rate would make up a large chunk of the difference. Basicly, at 50k you still get UBI, but it's offset by new taxes to leave your after tax income more or less the same.
At 25k, you pay a lot more in taxes, but get a UBI for a net gain.
At 0k you just get UBI, not food stamps ect.
There would probably be a net cost increase, but as SS counts as regular income it's not going to be huge for most retires. At some UBI levels it's actually less than our current system.
Programs to be removed, food stamps, HUD, welfare, unemployment insurance, Medical disability part of SS, and all the overhead associated with them.
PS: The economic gain from social mobility would likely be huge as long as you don't adjust UBI for locations. Why be poor in NY when you can live well in a cheap part of Florida.
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#9The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…
How do you reconcile the massive increase in spending this would cause?
I keep asking the same question; and all I get, basically, is that the money will just appear from somewhere.
What will happen to all the non-profits and government departments that are built around providing "services" to the poor, homeless, etc.? It's a huge industry, and it's not going down without a fight. In the meantime, you have added a few trillion dollars in annual spending to the budget.
Re: Universal Basic Income – Poll Results from IGM Economic Experts Panel
#10The formulation of the question frames Social Security and Medicare as being mutually exclusive with a UBI. UBI ought to replace things like food stamps and welfare. Not healthcare or retirement benefits! I am a huge fan of UBI, and I would have voted "disagree" the way that question was framed. A better formulation would be to frame UBI as an "automation dividend". Where we dip into increased efficiencies produced b…
How do you reconcile the massive increase in spending this would cause?
Depends on the costs. If automation can push down food costs to minuscule levels (like a solar powered, robot-run, indoor greenhouse), you won't need to take as much in taxes. Granted, housing is often much more expensive relative to income - especially to the poor and working class - but that doesn't mean there can't be mass-produced, high density housing units.
UBI really could work, but right now I don't think the costs of completely sustaining societies are low enough to keep the tax increases from chafing people enough to support a repeal