The Libertarian Dream? A UBI for every American?

Discussion in 'Political Issues' started by Silas.soule, Jun 4, 2016.

  1. Silas.soule

    Silas.soule

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    Milton Freeman was a free-market economist. Charles Murray is a Libertarian, and once authored a book titled THE BELL CURVE, which inflamed some liberals. "The Wall Street Journal" is a pro-business newspaper. What do they all have in common?

    They speak highly of, or advcate, a UBI. A Universal Basic Income would do away with

    Social Security
    Food Stamps
    Agricultural subsidies
    Medicare
    Medicaid
    Supplemental Security Income
    HUD's hosing subsidies
    Etc.

    And just give every American $13,000 a year, saving the country about 200 BILLION DOLLARS, by getting rid of welfare bureaucrats, etc.

    This is all on the front page of today's "Wall Street Journal" section REVIEW, page C1. (June 4, 2016)
    Finland is planning a pilot project for a UBI next year, and Switzerland is voting this wekend on a referendum to install a UBI.

    Charles Murray writes that self-driving vehicles, 3D Printing, and "contour craft" technology are about to render many Americans unemployed for a long, long time.

    Check it out: http://www.wsj.com/articles/a-guaranteed-income-for-every-american-1464969586
     
    Last edited: Jun 4, 2016
  2. nursetim

    nursetim

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    So $3,000 of the "free" money has to be used to purchase health insurance, why not just institute universal healthcare? Who is going to pay for this? I agree with 86'ing the "free stuff" though.
     

  3. fastbolt

    fastbolt

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    How would that significantly raise people above the poverty level, unless still supplemented with welfare and other assistance programs? http://www.irp.wisc.edu/faqs/faq1.htm

    This actually sounds like something Robert Heinlein promoted in some of his stories. I used to suspect he was a socialist when I was a young man, at least as far as government control of the economy and everyone's wealth. I may have been right. https://mises.org/library/was-robert-heinlein-libertarian

    In order to make this work, though, you probably have to have unfettered access to an unlimited (and inexhaustible) amount of someone else's money.

    Or, we can always wait to see what such programs will do to the staggering EU in the near future.

    Giving someone money is always going to be easier than finding ways to incentivize them to work for it, I suppose. Then, there's the potential problem of having to deal with damage done to the self-esteem of some of the people who don't have to earn anything they're given. What happens to self worth? What happens when the people of a country lose the ability to know they've earned their place in society, and the rest of the world?
     
  4. nursetim

    nursetim

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    What if we tied it to service to the community? Pick up trash, work at a nursing home, etc.?
     
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  5. fastbolt

    fastbolt

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    Someone might think that you're talking about "employment". ;)

    That might involve a consistent schedule, too.
     
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  6. First shot

    First shot

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    Having a hard time getting my arms around that. Where is the incentive to better yourself? Sounds like BS to me.
     
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