Is universal basic income a good idea?

Yes, when robots make unemployment go up to 50% it is a good idea.

Now, maybe maybe not.

/threadAlso, using the Alaska Permanent Fund as an example to follow is stupid. The Alaska Permanent Fund which pays to dividends to all citizens, thus a form of UBI, is based fully on taxes on oil production and investments from those. The same is true of the Sovereign Wealth Fund of Norway, which doesn’t pay dividends but also is funded from oil. Our government decided to half squander away the money from oil taxes and half give it all away to corporations for […]

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