Re: Basic Income back in the news
Posted: Fri Sep 06, 2019 10:58 am
Very good point by Grant Williams today on Macrovoices Podcast...
If UBI comes at a time when there is huge recession fear, like Fall 2008, that UBI will not be stimulative... people will save it, they won't spend it. It will not serve it's stated purpose.
If UBI comes at a time when there is huge recession fear, like Fall 2008, that UBI will not be stimulative... people will save it, they won't spend it. It will not serve it's stated purpose.