this post was submitted on 05 Oct 2023
970 points (92.8% liked)
Memes
45923 readers
1365 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Hard agree on all points. It's a bit of a bummer that Andrew yang of all people was the one to start the national conversation about UBI because his whole deal just pollutes the discussion from the jump
Also for a guy with a Math pin he ignored key parts of the UBI research he used for his position and repeatedly misrepresented the figures in it.
The projection that the economy would grow because of UBI was in the part of the Roosevelt Institute study that posited the money would just appear from the sky whereas the growth rates projected from tax financed UBI were almost zero as would be expected.