Why a Universal Basic Income Is a Bad Idea

Why a Universal Basic Income Is a Bad Idea

I understand that with the automation on the rise people are searching for ways to continue making a living once machines inevitably takeover the work market. However, a universal basic income is an absolutely horrible solution to this issue. Let’s discuss exactly why.

Let’s start with numbers, specifically money. The idea is that the government would be paying us all the same amount each year. The poverty line is somewhere around $20,000 a year, so let’s assume the government is paying everyone $23,000 or something to that effect. All of that money needs to come from somewhere.

Let’s focus on just […]

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