It took me a while to come around to the idea. I believed in small American business long after it was dead. Always suspected that we would eventually regulate in favor of it again.
After studying the financial engineering done from 2008-2025 and the immense wealth concentration it created I think UBI helps the problem. As wages become more suppressed and jobs become fewer, we do need to examine our social safety nets again.
I think the only thing I disagree with about UBI is that all of us become somewhat dependent on the government. Will that make us more active participants in government? Currently, most people’s retirement funds are based on the S&P 500, and when it comes time to vote, they will always vote to protect their retirement funds in the S&P 500. This is part of the trap. We’ve been dealing with it during the financial engineering of the last two decades.
UBI would certainly strip powers from some and give some dignity back to many, but it becomes a beast in itself that must be managed with the integrity that our country hasn’t been managed with for decades. So idk! I think they need to figure out universal healthcare before universal basic income. One will help structure the other.
It took me a while to come around to the idea. I believed in small American business long after it was dead. Always suspected that we would eventually regulate in favor of it again.
After studying the financial engineering done from 2008-2025 and the immense wealth concentration it created I think UBI helps the problem. As wages become more suppressed and jobs become fewer, we do need to examine our social safety nets again.
I think the only thing I disagree with about UBI is that all of us become somewhat dependent on the government. Will that make us more active participants in government? Currently, most people’s retirement funds are based on the S&P 500, and when it comes time to vote, they will always vote to protect their retirement funds in the S&P 500. This is part of the trap. We’ve been dealing with it during the financial engineering of the last two decades.
UBI would certainly strip powers from some and give some dignity back to many, but it becomes a beast in itself that must be managed with the integrity that our country hasn’t been managed with for decades. So idk! I think they need to figure out universal healthcare before universal basic income. One will help structure the other.