I remember when the first wave of stimulus checks went out and a bunch of car dealerships suddenly raised the price on their cars by $1000. UBI would be great, but if we don’t reign in the corporate-apologist economy first, every product will suddenly be more expensive so they can bleed people of that extra money.
The issue being we’ve never seen an actual trial of UBI. It’s always some sample of the population for a known limited time. UBI as a concept doesn’t lend itself to “trials”, we won’t really know until at least a number of entire cities are indefinitely implementing UBI, and probably would be 3 or 4 years before people start actually acting like it is indefinite.
I remember when the first wave of stimulus checks went out and a bunch of car dealerships suddenly raised the price on their cars by $1000. UBI would be great, but if we don’t reign in the corporate-apologist economy first, every product will suddenly be more expensive so they can bleed people of that extra money.
There have been UBI trials before and they found that it didn’t lead to price increases to any great degree.
The issue being we’ve never seen an actual trial of UBI. It’s always some sample of the population for a known limited time. UBI as a concept doesn’t lend itself to “trials”, we won’t really know until at least a number of entire cities are indefinitely implementing UBI, and probably would be 3 or 4 years before people start actually acting like it is indefinite.
Same thing happened to college financial aid. The more aid given the more colleges raised the prices.