Basic income and its problems

First the problems with basic income. Unless you only give this basic income to the extreme poor. This will just make the wealth gap even wider. Even MMT professor Kelton talked about this problem. " The poor will buy apples and the middle class will buy apple stock .

In the same speech she talked about the idea of the job guarantee . The problem with guarantee is that there demand for the " job" as well has it has to be productive . When they " job" they don't really mean it the tradition sense if being a productive. She used examples the people are now volunteering to do now.