The idea was proposed by two Democrats, so you know it has zero chance in this administration. We couldn’t even get our student loans forgiven.
The idea was proposed by two Democrats, so you know it has zero chance in this administration. We couldn’t even get our student loans forgiven.
And without rent caps this is useless
Or pricing controls broadly. There is a reason why everyone has the same story of always having “just barely enough to get by.” It’s because we live in a carefully balanced system that has been refined through decades of pushing the line back and forth until the majority of people are paying exactly just as much as they can afford for everything without sparking revolts and riots.
I feel like they do this “trial” for UBI once in a while on purpose without other legislation to support it just to “prove it doesn’t work” so they can keep milking us like horseshoe crabs on a rack.
No it’s not, because supply and demand are not perfectly elastic. A portion of the UBI will go into both landlord and tenant surplus, and we can tax the landlord surplus.
Sounds like an argument against spillage that’s simply just pointing to an old rag and saying “duh”. 🤷🏽♂️
Also, not dissimilar to “doing just barely enough to shake things up, but expecting everyone to pull their weight to keep it going”, which is beyond ludicrous at this point and edging toward negligence, IMHO. gestures at recent socioeconomic events
I don’t understand what you’re saying here. Do you think it’s “useless” because it’s not enough?
That would be a logical fallacy.
Then I’m totally lost, what did you mean?
Initially, I meant that adding steps with intention to lean the total solution toward reparation for the exploited masses while also allowing for said benefits to landlords, et al, to be taxed at a later point as a balancing component… is naive at best. Dig?
That does explain the theoretical concern, thank you.
However, your landlord getting $1 more doesn’t make the $2 you get “useless”. Higher taxes or rent caps later will help even more, but aren’t a requirement for the policy to be a net gain right now.
UBI has already been tested in practice. Is there evidence that a majority of it goes towards rents?
Right, because rent hasn’t been skyrocketing already.
It 100% has, but if they don’t put rent caps in, landlords will just raise rent bc they can. And then the UBI will be pointless.