Scott SantensMay 13, 2024
Universal basic income mitigates tunneling, meaning that people are more able to think beyond just one focus. The need to earn survival income tends to function like blinders that block out everything else but your focus on basic needs. Until they're obtained, we can't think beyond.
Show threadKitty (I use alacritty btw)
@scottsantens UBI is cool and all but where are you going to get the money from?
I did some math on Portugal as an example: there are around 9m people living in Portugal. If you give everyone $1000 every month, you need to pay $9b every month. $9b is approximately 3.5% of Portugal's GDP. It's 42% of GDP each year. Where would the government get this much money from?
May 13, 2024 at 2:20pmWeb