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Universal Basic Income advocates want to give everyone $1k a month.
- your boss will use this as an excuse to cut your salary.
- your landlord will use this as an excuse to raise your rent.
- your congressmen will use this as an excuse to slash benefits and lower minimum wage.
- your boss will use this as an excuse to cut your salary.
- your landlord will use this as an excuse to raise your rent.
- your congressmen will use this as an excuse to slash benefits and lower minimum wage.
It isn't a coincidence that billionaires love this plan. Workers will still have to work for them in order to live, and pay their landlords for shelter. Property values will go up. Business costs will go down. Workers will not be empowered.
The plan will cost three trillion, almost the entire federal budget, including social security and medicare. Every benefit that aids the poor will have to go, or your taxes will have to double. The poorest people who need the most help will end up worse off.
Every year Americans pay half a trillion in rent. Why not start with universal free public housing?
Because it harms wealthy property owners. UBI advocates want a future where the rich remain in charge forever and the poor get the scraps.
Because it harms wealthy property owners. UBI advocates want a future where the rich remain in charge forever and the poor get the scraps.
