UBI can make lots of other dead end spending unnecessary. For example you won’t need huge unemployment offices, bureaucracy, less social workers, less law enforcement because of lower crime. All of these don’t add any value to the economy directly. You won’t need inefficiencies like social workers, food stamps, etc.
UBI increases demand in some areas. Low income folks tend to spend most of their income out of necessity. Supply will increase with demand, leading to more jobs for building housing, groceries, schools, etc.
It’s cheaper to give people enough money they don’t need to become criminals to survive. Give everyone the opportunity for education, healthier lives, become more productive members of society.
UBI can make lots of other dead end spending unnecessary. For example you won’t need huge unemployment offices, bureaucracy, less social workers, less law enforcement because of lower crime. All of these don’t add any value to the economy directly. You won’t need inefficiencies like social workers, food stamps, etc.
UBI increases demand in some areas. Low income folks tend to spend most of their income out of necessity. Supply will increase with demand, leading to more jobs for building housing, groceries, schools, etc.
It’s cheaper to give people enough money they don’t need to become criminals to survive. Give everyone the opportunity for education, healthier lives, become more productive members of society.