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RE: What's the cost of universal basic income? A better question is what's the cost of not having it.

in #basicincome7 years ago (edited)

most people do not understand a thing about economics, all they care about is that a theory appears logical and promises security. Many still think that money grow on threes actually and cannot even wrap their minds around fractional reserve banking that has been with us for about almost 400 years. If they only knew, they'd say "NO MORE"

How We Can Transform America’s Broken Economic System to Work for EVERYONE".

unfortunately it will have to collapse first, its a house of cards anyway, in no way this is fixable

whatever the solution presented, it should honestly establish this very quickly

UBI is pro-BIG government, bad things happen that way.