This whole idea of a “universal basic income” for everyone is completely insane. Wouldn’t it be better to just give each person in the U.S. a trillion dollar coin instead of a “universal basic income” coin? After all, the cost to make a “universal basic income” coin is the same as the cost to make a trillion dollar coin, and everyone would be RICH with the trillion dollar coin and not have to exist at just a subsistence level with the “universal basic income” coin. Everyone could buy anything they wanted and no one would ever have to work again.
The coins could be made from a base metal, so they would be cheap to make, and a few extra ones could be minted for the government itself, so taxes could be completely eliminated and yet government could still function. It’s such an elegant solution I don’t know why it hasn’t been implemented yet.
For myself, I’m going to start by buying a pony and the Broncos NFL football team. And I won’t even need pony food stamps anymore to feed my pony because I’ll be so rich.
Used to be called ‘BIG’, Basic Income Guarantee. Do they think I would continue to work or take risks if I were guaranteed money for nothing?
Capitalism is such a Communist term.