This is a vast oversimplification. A UBI could replace a vast amount of existing welfare programs in a much more efficient way which would have a fraction of the overhead. There are tons of other proposals to fund a UBI such as a negative interest rate. Likely there would be many sources of funding, including money which now goes to existing wasteful welfare spending.
Ok, negativ interest rate sounds interesting and maybe doable.
It is something I have to read more about, I see a few issues but have not enough information yet.
This is a vast oversimplification. A UBI could replace a vast amount of existing welfare programs in a much more efficient way which would have a fraction of the overhead. There are tons of other proposals to fund a UBI such as a negative interest rate. Likely there would be many sources of funding, including money which now goes to existing wasteful welfare spending.
Ok, negativ interest rate sounds interesting and maybe doable. It is something I have to read more about, I see a few issues but have not enough information yet.