this post was submitted on 27 Apr 2024
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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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A universal basic income to the ultra wealthy would be perceived by them as being given a couple pennies every month (lemmy.world)
submitted 6 months ago* (last edited 6 months ago) by 3volver@lemmy.world to c/showerthoughts@lemmy.world
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The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.

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[–] jeffw@lemmy.world 0 points 6 months ago* (last edited 6 months ago)

Except that was Yang’s plan. That’s how it works when it’s been attempted at a federal level. Not to mention that’s the only way it would pass. It’s not BS when that’s literally how it’s been proposed in US law. Some proposals even remove SNAP along with SSI.

There is no assumption being made here.

Edit: here’s an excellent explanation of why it won’t work: https://www.rebelnews.ie/2021/07/05/universal-basic-income-socialist-case-against/