[hotgoldminer]

UBI needs to be framed more as a dividend. It isn't the safety net. It is profit sharing.

[Reedx]

Andrew Yang had the right idea with the Freedom Dividend. That's a smart way to frame it, and Alaska is an example of it working with an annual payout to residents ("Permanent Fund Dividend").

https://en.wikipedia.org/wiki/Alaska_Permanent_Fund#Permanen...

[jm4]

What profit sharing when we run a deficit every year?

[istorical]

who is? the human race or national governments? those two are not the same.

wealth and GDP is growing faster than the cost of living in absolute terms.

[sthomas1618]

As long as the GDP grows faster then the deficit/interest, we’re good.

[keeganpoppen]

has that been happening? i guess so, in some sense, because the interest rate is "0"...

[jerrysievert]

and when we're not running a deficit, we're suddenly running a deficit.

I'm in favor of basic income, but tying it to "profit sharing" is just silly.

[chrisco255]

Based on what profit? The U.S. economy is on life support and its printing $3+ trillion deficits with massive incoming unfunded liabilities and a shrunken worldwide economy. We are due for a world of hurt and economic pain for the next decade.