(Replying to PARENT post)

๐Ÿ‘คknown๐Ÿ•‘9y๐Ÿ”ผ0๐Ÿ—จ๏ธ0

(Replying to PARENT post)

I am seeing this response to many/all of the wealth disparity articles. I personally don't think this idea is properly analysed. I think people should rally for extension of basic services as human rights. Internet, electricity, food etc instead of a cheque at end of the month from the state. That seems more sustainable and works out as common infrastructure. Like roads for e.g. That will alleviate lives of many and will provide security, without creating any access and mismanagement in the system
๐Ÿ‘คnegamax๐Ÿ•‘9y๐Ÿ”ผ0๐Ÿ—จ๏ธ0

(Replying to PARENT post)

You should research all tenets of basic income including the economic side of it by getting the opinion of actual economists on it before you make your decision. If you're not properly considering an idea then that leaves room for personal biases.

Government doesn't know how to run anything well, because the tenets of capitalism don't apply to government. The best managers of business are in the private sector where the real money is and where they have the most control.

The director of the FBI for example has a salary that tops out at about $200K plus benefits. No business manager who is truly great would want that job, so they don't. They incestuously promote from within most of the time and don't seek outsiders to fill top jobs. So nobody treats any government service as a business, and they get complacent and lose sight of the real goals, plus they don't tend to be able to budget. When was the last time you heard of a government department tightening it's belt on it's own? Private sector companies do it often to stay efficient.

Proper decision making starts with admitting that you can't possible know every angle to a particular issue. You can't be a great economist, a great businessman and a great government worker all-in-one. This is why business people surround themselves with people who DO know what they're doing (such as accountants, lawyers, engineers, marketers, etc).

How many hours have you spent researching basic income? Because extremely back-of-the-napkin math would tell you that a basic income of $20,000 is greater than the entire current government budget. Supporting a concept that would instantly consume over 100% of the current government budget is absolute madness.

Taxing rich people won't pay for this, even if you tax them at 90%. You have to squeeze the middle class and the lower class as well. Literally every level of the population suffers because working is no longer incentivised.

๐Ÿ‘คmgo๐Ÿ•‘9y๐Ÿ”ผ0๐Ÿ—จ๏ธ0