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Are you in support of UBI? (lemmy.world)

submitted 1 week ago by Zeon@lemmy.world to c/asklemmy@lemmy.world

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Hello, I'm not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn't companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

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[-] damnedfurry@lemmy.world 3 points 1 week ago

This is completely unrealistic.

A UBI of just $10,000 a year, and only to all working age Americans, would still cost several trillion dollars, every year.

Even if you could wave a magic wand and convert the combined net worth of all of the US's billionaires to cash 1:1, that cash wouldn't fund even that meager amount of UBI for more than a couple of years.

[-] DudeDudenson@lemmings.world 6 points 1 week ago

Sorry we don't allow simple math in lemmy.

this post was submitted on 11 Dec 2024

282 points (96.7% liked)

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