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RE: The Economy Is Infested With Toll Booths

in #economics6 years ago

So what programs do you pland to cut to fund UBI? You are going to tell a 65 year old couple that have paid ss their whole life that ss has been cute so we can give 3 grand a year to every 20 & 30 year old in the country?

The more money you let the gov have control of the more opportunities for corruption. Individual prosperity comes from having a job. Government handouts breed dependence. Jobs give individuals independence.

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I'm with you on the first paragraph of what you said, @toddxox. The idea of taking money away from pensioners just so people who are already living comfortably can get some extra pocket money is as backward a solution as one could imagine.

As for giving the government more control over money, that's not what I'm saying. What I'm saying is that they already have control over money, but they're using the system incorrectly. I completely agree that jobs give individuals more independence, which is better for their mental health and good for society. However, the government creates the conditions whereby unemployment is inevitable because of over taxation and/or under spending - there just isn't enough money circulating around the real economy to create jobs for everyone and that is a matter of policy! Economists want to have a buffer to guard against unwanted levels of inflation, which is why they deliberately create these conditions.

We are not living beyond our means right now. We're living well below our means.

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