I personally would support UBI (Universal Basic Income) as a TEMPORARY system during this pandemic. You’ve got tons of people who literally just lost their jobs with almost zero possibility of finding new work as long as these bans are in place.
What I worry though is that the longer this stays, the opposition to removing UBI will get greater and greater to the point that it stays permanently. Look at repealing Obama Care, at first every Republican was for totally removing it. Then a few years later it became repeal and REPLACE (still doing healthcare reform). Then that didn’t even happen and now we’re stuck with it.
If we’re going to implement this UBI through legislation, there must be language in the bill that requires that it will end once the pandemic ends and the bans are lifted. Long term UBI combined with the bailouts and existing welfare systems would be completely unsustainable.
I think to differentiate this event from the bailouts that it is politically savvy. The admin is supporting the little guy and the corporations.
Aside from the politics, I think it is wiser than just giving money to corporations.
I agree. The working class that are getting laid off need help now. We shouldn’t be giving money to those who don’t need it. I’m not rich, but I have a good amount in savings. I don’t need it. The waitress with two kids who got laid off needs it.
And they need it because the long-game trap laid by the Dims has created their need for help. So sidestep the Dim's trap, get Trump re-elected, then fix the real problem. Bail them out as a charity, we need more than the next 4 years to fix the real problem. Do Not hand the victory to the Dim scabs becasue you confuse dogma with principle.
The bureaucracy involved in deciding who "needs" it is insurmountably huge. Just give it to everybody and those who don't need it can pass it along to those who do, either directly or indirectly, or just stick it in your savings and investments, which will help stabilize the financial system at this critical time.