[tim-tday]

You can illustrate how stupid UBI is by describing it to a child.

Dad: UBI means just giving everyone money.

Precocious 5 yr old: neat! What do they have to do to get it?

Dad: nothing.

Precocious 5 yr old: Why would we do that?

Dad: Because ai destroyed all paying jobs and allowed billionaires to own everything.

Precocious 5 yr old: Why did we do that?

Dad: We weren’t paying attention.

Precocious 5 yr old: Ok But where does the money come from?

Dad: I don’t know, the government?

Precocious 5 yr old: How does the government get money?

Dad: Taxes

Precocious 5 yr old: How can people pay taxes if they don’t make money?

Dad: Well billionaires will make money.

Precocious 5 yr old: Do those guys pay taxes?

Dad: Sadly no.

Precocious 5 yr old: So where does the money come from again?

Dad: …

[PaulHoule]

The precocious economist will add that banks make money by making loans.