I'm not sold on the idea of UBI, but haven't yet considered it at much length. Blue collar jobs and jobs that provide a living wage are becoming increasingly hard to find and that trend will only continue. I saw in interview with Mark Cuban on RealVision recently, and he said it may be eventually necessary for the country to offer "make work" jobs to offer citizens gainful employment as a way of preventing rioting and social unrest. While his Libertarian philosophy is opposed to that, he feels that providing those kinds of jobs is the better alternative to UBI or social unrest.
You are viewing a single comment's thread from:
Of course, he just embraced the broken window of Keynesian economics.
Break a window, pay someone to fix it.
So Cuban is in favor of creating jobs that we dont need just so people have a place to go to work to have sustenance?
Pretty much. One of his examples is paying people in their 60s to walk kids to school. It would provide them with income to support themselves that they would have to earn through labor that would provide at least some sort of value to society. He sees that as preferable to outright handouts.
You might like this meme.