All the studies on UBI are flawed.
The whole point of UBI is that everyone gets the money.
When you give a select few extra money they can do things that they otherwise wouldn't. When you give everyone money the value of the money just decreases.
The whole point of UBI is that everyone gets the money.
When you give a select few extra money they can do things that they otherwise wouldn't. When you give everyone money the value of the money just decreases.
Further, if a UBI-like program is funded with new taxes (or cuts to existing programs), it should have a negligible impact on inflation. It is only when you do deficit spending that you risk inflation.
And this in turn would provide some monetary inflows into those areas that could help revitalize them. A lot of these areas are occupied by seniors living off of social security. An influx of younger folks with UBI checks would help balance things a bit better.
but that's not what adherence to UBI is about. UBI is about chasing an impossible utopia and burning ourselves in the process so that we have greater net inequality.
Stick to the plan. Call out anyone who tries to make UBI work by watering it down from our idealized end-goal as nay-sayers. Clutch to random hypothesis'.
It's the only way we can bludgeon them through democratic or revolutionary means.