One of the problems is that many people have a lot of debt when they go to retirement age as well as a lack of savings. For decades, people spend more than they earn and it's a habit.
UBI in this environment means the gov keeps feeding the consuming beast.
Financial issues are one of the top causes for divorce, having trouble sleeping, and more. UBI doesn't solve for the any of this when people spend more than they earn.
I'm only pointing out the deeper culture problem around money that UBI doesn't solve.
UBI in this environment means the gov keeps feeding the consuming beast.
Financial issues are one of the top causes for divorce, having trouble sleeping, and more. UBI doesn't solve for the any of this when people spend more than they earn.
I'm only pointing out the deeper culture problem around money that UBI doesn't solve.