this post was submitted on 26 Oct 2023
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Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.

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Interesting how artists don't make enough money from their creations, so our solution is to make certain information illegal to share, rather than give them a universal basic income. (lemm.ee)
submitted 1 year ago by JackGreenEarth@lemm.ee to c/showerthoughts@lemmy.world
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[–] medicsofanarchy@lemmy.world 6 points 1 year ago (129 children)

Give artists a basic universal income, and I guarantee every single person on earth will suddenly discover their "inner Picasso" to qualify.

[–] DarkMetatron@feddit.de -4 points 1 year ago (14 children)

The biggest issue with UBI is that it will never work, the math just doesn't add up.

  1. Where does the money come from? The government only really has one source of money and that is taxes, so to pay UBI it would either need to raise taxes or massive cut on other expanses.
  2. Should a solution be found for 1) and everyone (universal means that everyone will automatically qualify for it, no questions asked) will be paid UBI then the prices for housing, food and all the other basic things will skyrocket because a) of the higher demand and b) because of the higher amount of money in circulation creating inflation.
  3. The higher prices will mean that the amount of UBI money must be raised, which means we are back at 1)
[–] HerbalGamer@lemm.ee 4 points 1 year ago (1 children)

Where does the money come from? The government only really has one source of money and that is taxes, so to pay UBI it would either need to raise taxes or massive cut on other expanses.

How's that National Debt looking?

[–] DarkMetatron@feddit.de 0 points 1 year ago

Debt is not a reliable money source, in the long run it is a huge money sink with payments and interests. So yes, the only money source for governments are taxes.

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