How effective is the universal basic income?

in #economics5 years ago (edited)

View this answer on Musing.io

Here on Steemit what they call basic income is just a fancy name for an upvote bot.

From an economic standpoint it makes no sense because there is always someone paying the bill. 

There is only 1 example that i know where it could work out and it's when most labour would be done by robots and then governments would tax their labour. 



Sort:  

@niel96 absolutely my friend! You can reach me on Twitter my friend, https://twitter.com/howardboelk

It is easier than trying to chat on Instagram and you won't have to transfer a penny to get my attention on Steemit!😁 Seriously if you're on Twitter, let's connect I am there a lot during the day.

Posted using Partiko Android

Need to know your tag number

Posted using Partiko Android

@420blazer is my username

Its asking for the 4 digit tag

Posted using Partiko Android

Coin Marketplace

STEEM 0.31
TRX 0.12
JST 0.033
BTC 64341.19
ETH 3145.13
USDT 1.00
SBD 4.00