Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Universal Basic Income/Andrew Yang Discussion

blankall · 09-10-2020, 03:31 PM

Do people honestly look at this pandemic and see positives in the economy and positives for the argument towards UBI?

The economy is in shambles. The government is printing money to keep afloat. Small businesses are closing down left right and centre. There's a massive wealth gap widening between those that own capital and those just trying to stay afloat. Credit debt is mounting. People cannot pay their rent. We're facing a massive wave of layoffs....do I need to go on.

And no...nobody is going to clean your toilet for $2500/month when they can sit at home for $1800/month.

All UBI is going to accomplish is further increasing inflation. It doesn't create new housing units. It only leads to an increase in costs of the existing ones, as the government basically just subsidizes landlords.

09-10-2020, 03:31 PM	#18
blankall Ate 100 Treadmills Join Date: Mar 2006 Exp:	Do people honestly look at this pandemic and see positives in the economy and positives for the argument towards UBI? The economy is in shambles. The government is printing money to keep afloat. Small businesses are closing down left right and centre. There's a massive wealth gap widening between those that own capital and those just trying to stay afloat. Credit debt is mounting. People cannot pay their rent. We're facing a massive wave of layoffs....do I need to go on. And no...nobody is going to clean your toilet for $2500/month when they can sit at home for $1800/month. All UBI is going to accomplish is further increasing inflation. It doesn't create new housing units. It only leads to an increase in costs of the existing ones, as the government basically just subsidizes landlords. Last edited by blankall; 09-10-2020 at 03:33 PM.