I think the worst possible outcome is: The increased taxes needed to provide funds for the UBI cause the economy to stall (though there is little evidence that tax rates have any direct effect on the economy, despite what low-tax advocates say).
The UBI payments to Americans don’t result in any significant reduction in poverty — the cost of living just increases. For example, if landlords know that all their renters just got a $1K increase in income per month, then the landlords will just raise rents by $1K. If the renters could afford the rent before (barely), then […]
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