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imouttahereta t1_jakbvmo wrote

I'm aware of the small-scale studies on UBI, but firstly I doubt they would be effective at larger scales, and secondly I don't find employment status on its own to be a good measure of productivity. Personally, if I could live reasonably comfortably without investing time and effort into acquiring valuable skills, I probably wouldn't have bothered going to university, let alone migrating to the US for better opportunities. I don't think it's a coincidence that countries with more "socialist" policies tend to stagnate economically, don't innovate as much and fail to remain competitive on the world stage. But of course correlation =/= causation. I would like to see UBI attempted at the scale of a country, but I'd rather see it from a distance than be roped into it.

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datcheezeburger1 t1_jalrtd0 wrote

If you have such a problem with stagnation you should be looking towards the ever growing pool of wealth at the top of our economy which doesn’t get spent in communities, it gets shuffled around a dozen hedge funds until we call it part of our GDP. The stagnation has gone on for 50 years now, and it isn’t because of entitlements. Check this out the wages have been flat while productivity is up 250%. They keep our money and then use our taxes to fund our own entitlements. This isn’t even about getting something we “don’t deserve” but getting back our slice of the pie. That money is yours and mine we aren’t doing more than taking it back.

I can accept that you don’t believe in ubi for whatever personal reasons you carry but you won’t convince me for a second that productivity and buying power have ever been related in this country.

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