Agreed that it’s great from a transparency perspective. At the moment it is very complicated to track the value/cost of welfare. That makes it very easy for both sides to argue that it is too much or little - very few know what it is.
The problem, IMO, with most UBI studies I’ve seen is that they inject money from outside the system without funding the system via taxes. That makes their economic conclusions largely invalid, in my opinion. Their findings typically amount to “if we give some of our citizens free money that fell from the sky, they can afford more”.
The problem, IMO, with most UBI studies I’ve seen is that they inject money from outside the system without funding the system via taxes. That makes their economic conclusions largely invalid, in my opinion. Their findings typically amount to “if we give some of our citizens free money that fell from the sky, they can afford more”.