Wealthy people, currently exploiting current economic circumstances, are scared witless by the prospect that nations will start distributing wealth differently through forms of Universal Basic Income, at the expense of those currently exploiting it. So, wealthy people will fight back by commissioning people/’experts’ to convince the public that UBIs are a bad idea and bad for the public, completely at odds with the evidence that exists or common sense. Trickle-down economics does not work. It does not distribute wealth fairly or effectively. The only people arguing for trickle-down now are the people at or towards the top of the […]
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