This wouldn’t work because with all these people getting UBI would just mean companies would put prices up to levels making the UBI worthless. For example if the cost of living is $1000 and you give people who need it $1000 then before long the cost of living would rise to $2000.
It’s the guaranteed part that makes a difference. If they know they can at least buy toiletries or whatever with the money.
I don’t understand the cost of living part? Are they raising the prices randomly? Is it because more people are buying stuff, so there’s more demand? Then more jobs are created. It’s a very vague question.
Apologies for being vague, it’s been a while since I’ve had this discussion.
Perhaps I am misunderstanding UBI as being linked to the cost of living, in that the UBI would provide for people’s basic needs and if they wanted more than that then they could find a job to supplement their income or maybe it’s one or the other.
I think what they were getting at ok the raising prices is that because there is more spending power then that means corps would like to get their hands on this extra money by raising prices.
I’ll try and broach this topic again and get their objections and bring it up next time I see this discussion.
No worries, I’m guessing they won’t be able to respond either. It sounds like talking points they were given by a podcast or something, and they didn’t really look into it. Whenever people start spouting those kind of things, digging deeper into their thoughts will usually tell you pretty quickly how much they believe or are repeating.
No, I’m pointing out that you’ve added so little to this you may as well have not even posted, look at how much traction the things the other person said are now getting. Why even say anything if you aren’t willing to actually engage, all you’ve done is made the other person look rational and you look obtuse.
It’s the guaranteed part that makes a difference. If they know they can at least buy toiletries or whatever with the money.
I don’t understand the cost of living part? Are they raising the prices randomly? Is it because more people are buying stuff, so there’s more demand? Then more jobs are created. It’s a very vague question.
Apologies for being vague, it’s been a while since I’ve had this discussion.
Perhaps I am misunderstanding UBI as being linked to the cost of living, in that the UBI would provide for people’s basic needs and if they wanted more than that then they could find a job to supplement their income or maybe it’s one or the other.
I think what they were getting at ok the raising prices is that because there is more spending power then that means corps would like to get their hands on this extra money by raising prices.
I’ll try and broach this topic again and get their objections and bring it up next time I see this discussion.
No worries, I’m guessing they won’t be able to respond either. It sounds like talking points they were given by a podcast or something, and they didn’t really look into it. Whenever people start spouting those kind of things, digging deeper into their thoughts will usually tell you pretty quickly how much they believe or are repeating.
Removed by mod
I don’t understand this comment. Are you trolling or responding to the wrong one?
No, I’m pointing out that you’ve added so little to this you may as well have not even posted, look at how much traction the things the other person said are now getting. Why even say anything if you aren’t willing to actually engage, all you’ve done is made the other person look rational and you look obtuse.
Interesting strategy!
Ahhh, the first one.
Yes, participate in a low stakes back and forths cause the ones with data and numbers are too scary, right?