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by 4ydx 4035 days ago
Sadly I think that UBI supporters tend to the false impression that everybody would be:

1) Frugal. 2) Responsible.

I just don't have that much faith in (roughly) half the population. What happens when people have too many kids and are still too impoverished? Is there going to be a "reasonable limit" to the number of kids you can have? Women could have as many as 20 kids or more. Is that really going to work? What happens when they are drug addicts (or worse free-to-play video games addicts) who cannot control their spending?

For me personally I love the idea of UBI, but I just don't think that it can work on a practical level. The examples that explain how to generate the required money to pay for it don't seem very feasible to me. You cannot add VAT. That is borderline "perpetual motion machine" logic right there. At the most basic level you will just have to tax the wealthy more one way or another. That is it. The only option. The question is: are they ok with that?

1 comments

UBI will likely encourage unsustainable population growth. So, population growth dis-incentives need to be part of the package.