THERE’S A GUY RUNNING FOR PRESIDENT WHO IS SERIOUSLY ADVOCATING FOR A UNIVERSAL BASIC INCOME; IT’S STILL A REALLY BAD IDEA
I’m not going to link to any news items about him, because I don’t want to do anything that will promote him or his ideas. I’m mentioning it because I want to do what I can to spread the word that universal basic income is a bad idea whose time has not come and never will. Just because a guy running for president is promoting it doesn’t mean it has any merit.
What’s worse, the guy wants to pay for the universal basic income by imposing a value added tax in the United States. That’s an idea that has its own major problems, as I have pointed out before.
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