Are you in support of UBI? - eviltoast

Hello, I’m not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

    • Itsamelemmy@lemmy.zip
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      9 hours ago

      While I agree, I personally think we should get rid of the existing support like food stamps, unemployment and replace with UBI.

      Reasoning being with the current system it’s too easy to work and be worse off. Example being if you make $20 over the income bracket you might lose $100 in food stamps. With UBI there’s less administrative costs because everyone is eligible, less fraud and most important any effort you make to work will always improve your financial situation.