Comment by jtlienwis

I am opposed to UBI. I want smart people to have more money. I want less smart people to have less money, provided they have enough to live on. A smart person might invest in books, study and self improvement. Then those industries that create these will be stimulated. That is what you want. Less smart people might spend their money on lottery tickets, junk food, booze etc. Those industries would be stimulated by UBI and that is what you do NOT want. I came to this conclusion when my state had its first statewide lottery drawing. They interviewed all the final contestants. And when they interviewed the biggest idiot of the bunch, I told the person next to me that he would be sure to win. And that person did. And I had visions of him running out with the winnings and buying expensive sports cars, drinks etc. I was sure the money would be gone in a month. And the net effect was that a lot of poor people lost money on their lottery tickets and the money went up in smoke.