06/04/18 3:33 pm
In some cases, in some forms UBI could be a good idea.
I don't believe it will be in this case.
I don't think UBI will be viable any time soon.
Probably not until post-scarcity.
06/04/18 12:24 pm
Prices will rise to reflect the increased demand so that everyone will be in the status quo ante.
06/04/18 11:32 am
So who pays for this? Does that mean you take $1000+ of my money that I work for and give me $500 back? If the people of Stockton think that’s a good deal, I so found where to unload my real estate on mars investments
Think Lovin Life
06/04/18 10:17 am
No! The economics are simple. Since the mayor is not taking this out of his/her/it’s own pocket, then taxpayers will be forced to pay this onerous tax to support the lazy. Taxes will necessarily rise on both taxpayers and taxpayers (as business tax increases will be passed along to taxpayers).
As a result prices will rise and MORE THAN CONSUME the $500. This is a horribly bad decision from leftists who do not understand basic economics!
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