21–30 of 809 posts
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I've noticed that a lot of people who are born rich still choose to work.
Yes, usually to stay rich.
Such an attitude would certainly apply to their reasons for working.
The bits about 'having to drop future plans' isn't fair. Of course, people will have to adjust after losing a major source of income.
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But this is from Canada, don't they have universal healthcare?
Yes, and many municipalities have rent regulations
The issue I see with basic income is that most money is spent on housing and health care. These two things are supply constrained so it's more of an auction for who can afford them. With basic income, we may just raise the cost of those things. This problem wouldn't appear in a study that distributed to only some individuals. We need to solve the regulatory or otherwise organizational problems of these things to prov…
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But this is from Canada, don't they have universal healthcare?
Nowhere has universal healthcare. The basic healthcare is bad, so you can pay more to get better access, or go to the US for actual good care.
Sure, you can pay to access the private system, which is a nominal amount compared to what we pay in the US.
The US ranks among the worst of the first world nations in terms of access to and quality of healthcare[0]. Just look at our hospital borne MRSA infection rates.
The idea that the US delivers consistent, quality care across the nation is laughably false.
0: https://www.beckershospitalreview.com/quality/among-11-count...
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Yes, this is the glaring flaw in all of them as far as I've seen. On the other hand, who knows how long UBI would stay in place in a democratic country? It might get voted out in the next election, too.
People are already complaining about taxes too high and lazy welfare recipients. With UBI this would get even worse and I agree that most likely it would get voted out very quickly. If we can’t even get universal health care, robust social safety net or secure retirement going without political fights, forget UBI.
It does avoid dealing with the root problems in some sense, but it's certainly elegant.
The issue I see with basic income is that most money is spent on housing and health care. These two things are supply constrained so it's more of an auction for who can afford them. With basic income, we may just raise the cost of those things. This problem wouldn't appear in a study that distributed to only some individuals. We need to solve the regulatory or otherwise organizational problems of these things to prov…
> most money is spent on housing and health care In Canada? Would not an increase in demand for such things lead to a corresponding increase in supply? Or is there something I don't know about supply restrictions in Canada?
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But this is from Canada, don't they have universal healthcare?
Nowhere has universal healthcare. The basic healthcare is bad, so you can pay more to get better access, or go to the US for actual good care.
I have no idea if that's actually true, but the widespread opinion is that the ~free (it depends a lot between countries, it's usually simply affordable, rather than free) healthcare here is much better than what a normal person can afford in the US.
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Yes, this is the glaring flaw in all of them as far as I've seen. On the other hand, who knows how long UBI would stay in place in a democratic country? It might get voted out in the next election, too.
It's been about 40 years for the Alaska permanent fund dividends and it's popular AFAIK.
Now, it might be a good example of how a nation should distribute revenues from natural resources, i.e. right into the hands of the people. But it's not a UBI substitute.