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hotgoldminer | 5 years ago

UBI needs to be framed more as a dividend. It isn't the safety net. It is profit sharing.

discuss

order

jm4|5 years ago

What profit sharing when we run a deficit every year?

istorical|5 years ago

who is? the human race or national governments? those two are not the same.

wealth and GDP is growing faster than the cost of living in absolute terms.

sthomas1618|5 years ago

As long as the GDP grows faster then the deficit/interest, we’re good.

jerrysievert|5 years ago

and when we're not running a deficit, we're suddenly running a deficit.

I'm in favor of basic income, but tying it to "profit sharing" is just silly.

chrisco255|5 years ago

Based on what profit? The U.S. economy is on life support and its printing $3+ trillion deficits with massive incoming unfunded liabilities and a shrunken worldwide economy. We are due for a world of hurt and economic pain for the next decade.