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How to build a well-designed national basic income program – at half the cost
(policyoptions.irpp.org)
this post was submitted on 10 May 2025
63 points (95.7% liked)
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Hi friends I didn’t actually click the link so my skepticism may be unfounded. But I have a few concerns open to criticism or validation lol
In a primarily private sector “market” supply chain etc does basic income not just put downward pressure on wages in the form of a pseudo business subsidy ick.
Or if everyone has the same level of income before labour income **without pricing control **we end up just raising the floor on the cost of living? Sure there are long tails where only nice to have things get more expensive but in aggregate.
I’m 100% for wealth redistribution and believe heavily in public goods so please don’t at me as a capitalist pig 🐽. Maybe I’m missing the mark but adding more money into our under served areas of society without thoughtful discussion about financial literacy and about where that money inevitability ends up we’ve already lost the plot on the program lol
Thank you if you made it to the end of my poorly punctuated run on mess ❤️
There have been experimental deployments of Universal Basic Income, one of which lasted five years and involved an entire town, and none of those things ever materialized.
Thank you for your comment. I’m confident a towns economic capacity is of no consequence to the interconnected nature of national economics unfortunately. But am also woefully ignorant lol