Darren Mitton @blackwingbear.bsky.social

Universal Basic Income WORKS

4 replies 104 reposts 264 likes

Mattias S @barneyk.bsky.social [ View ] Jun 28, 2024 at 08:23 UTC

This same perspective is why tax cuts for the rich, or even the mid to upper middle class, does very very little to stimulate the economy. It just drives up the housing and stock market and does almost nothing to the practical local economy.

0 replies 0 reposts 1 likes

SciNrd @scinrd.bsky.social [ View ] Jun 28, 2024 at 21:13 UTC

UBI would solve a lot of societal ills. But the absence of UBI is itself a sign of many societal ills, which need solving first because they'll shoot down any attempt at implementing UBI. Sometimes a person can be a societal ailment, simply by the position of power they hold.

2 replies 0 reposts 2 likes

Andy Mann Footy Fan @amff.bsky.social [ View ] Jun 27, 2024 at 23:43 UTC

Not just recirculated but invested into the local economy, which I suspect is part of the reasoning for slow uptake on UBI. Anything other than immediate gain is simply too long a wait for corporate greed.

0 replies 0 reposts 3 likes

Kimmithy @kimmithy.bsky.social [ View ] Jun 28, 2024 at 13:20 UTC

Literally giving a homeless person a house & assistance cost way less than hostile architecture, sending them to jail, & them needing to go to an emergency room to not die without insurance or money.

1 replies 0 reposts 1 likes