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by luckydata 2458 days ago
That's such a myopic, small way to see the world. Human dignity is the priority, if our economy doesn't work for that then we change the economy, we don't give up on dignity.
1 comments

I agree completely. Nobody should go hungry, without basic health care or without a roof over their heads in a modern advanced economy. But $1,000 a month for everybody is insane. It would require a massive tax on corporations and the wealthy, and it’s just an objective fact that raising taxes that way does not significantly increase tax income. It just doesn’t. It’s been tried over and over in many countries and it never works.

I live in the UK. We have universal health care, a robust social care model, my kids are getting a decent free education and we have a decent benefits system. I’m proud of all of those and don’t resent a single penny I pay in taxes towards it.

But plonking big wadges of cash on everybody, funded by hammering anybody that looks even moderately successful, is a recipe for economic mayhem.