ELI5 UBI - Business, Finances and Investing Forum

Two Plus Two Forums Other Topics Business, Finance, and Investing

ELI5 UBI

Post Reply Subscribe

...

03-20-2020 , 11:47 AM

rolandroll92

newbie

Join Date: Nov 2019 Posts: 35

Hello,

Not sure if this question is better posted in the Politics and Society sub or in here.

As a zero knowledge guy in macroeconomics and politics stuff,how would you explain me what is the universal basic income and the pros and cons of it?

How does it affect to an average Joe in a 9-5 that hasn't been burnout from his job yet, but that does not feel like doing the same work until retirement?

Thanks.

Quote

03-20-2020 , 12:18 PM

Pinkmann

old hand

Join Date: Nov 2014 Posts: 1,499

Andrew Yang will tell you the benefits

Naval Ravikant will tell you how its dumb

Both discussed it on Joe Rogan

Quote

03-20-2020 , 12:20 PM

ToothSayer

Carpal \'Tunnel

Join Date: Jul 2015 Posts: 13,237

Removing the survival incentive from work is a good thing, people aren't lazy or selfish and will turn up to work anyway to support society imo.

Quote

03-20-2020 , 04:00 PM

Francis_MH

Carpal \'Tunnel

Join Date: Feb 2007 Posts: 10,386

A continuous monthly UBI within the near future is starting to feel inevitable at this point, no?

Quote

03-20-2020 , 08:16 PM

jfound

banned

Join Date: Apr 2012 Posts: 2,388

UBI imo is okay if its the right amount, enough for necessity is always a good thing

Quote

Post Reply Subscribe

...