Quote:
Originally Posted by PepsiFree
Listen to the podcast, Yang touches on it. Government funded retraining has anywhere from a 0-37% success rate. I’m not sure putting more funding into that is smart, and in addition, UBI would provide those who need retraining with the safety net required to complete it on their own terms.
|
I think it is a fairly large assumption on your part that a UBI will cover this.
Quote:
|
As you said, “more would need to be done.” Nobody is suggesting the UBI is THE solution, it is PART of the solution. So yes, if a UBI is implemented and nothing else is changed, it’s long term success is questionable at best. But UBI is part of whatever future solution exists, no doubt in my mind.
|
I just don’t see it as a sustainable option in any event. As money funnels into fewer and fewer hands there will be less and less incentive for the “haves” to support the “have nots”