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The point of UBI is to give you money for unfortunate life circumstances like a loss of job, or other unfortunate life events where you would need some money to get by.

UBI is not a replacement for a job. And unless you wish to survive on extremely minimal living standards, UBI alone won't be of much help to you.

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I think there's plenty of disagreement over what the "point" of basic income is. Compensating people for unfortunate life circumstances is not at the top of my list.

Maximizing social prosperity and stabilizing the economy would probably #1 and #2 for me.

That’s social welfare. We already have that in most civilized places. It’s a punishment for failing to have a job whilest keeping you barely alive.

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