Universal Basic Income (UBI) is a bad idea

Universal Basic Income (UBI) is a bad idea

There is a lot of buzz the past days about tech leaders such as Elon Musk and Mark Zuckerberg coming out in favor of Universal Basic Income (UBI) which is an idea of socialism where each individual regardless of family size, employment or education will earn a free $10,000 each year to basically piss away and do whatever they want to do with it. There are a multitude of problems which immediately arise in my mind with such a terrible idea.

First off, I do want to say that I think the idea of everybody earning a happy healthy wage […]

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