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TopicWhy a Universal Basic Income would be a calamity
Balrog0
08/14/17 3:09:40 PM
#25:


Talks posted...
The US isn't struggling to diversify its economy. its economy will be filled with mainly automated industries in a very short time, thus US has nothing to lose by fewer people looking for work. In fact that will be a desirable outcome. UBI does have the problem in post #12, but it will be necessary in some form eventually due to automation.


There is a huge problem with people not working here from my perspective. We probably do need to diversify, too, but that is less of a problem considering the size of our country.

Talks posted...
Does anyone actually think Saudi Arabia's situation is in any way analogous to Europe or the US? This should occur to anyone immediately.


Elements of it could be, sure.

Talks posted...
Perhaps this combined with the last bolded statement reveals something about how this article is written to alarm rather than carefully consider something.


But it is a very serious concern that young men are substituting leisure for labor, even without any special income supports.
http://www.nber.org/papers/w23552

even if it was written to alarm, it is probably worth carefully considering the implication that has
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He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor.
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