this post was submitted on 18 Oct 2023
1253 points (93.2% liked)
Political Memes
5457 readers
3911 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Or we could, you know, give free housing, healthcare and food to people who need them. UBI only works in a perfect society where the market doesn’t take advantage of it.
Sorry, but that is simply not true. Alaska has had a form of UBI for decades funded by oil revenues. It decreased inflation. Canada also has a basic income for families that also hasn't caused inflation.
With the introduction of this dividend in 1982, Alaska went from having the highest rate of inflation in the US to the lowest. Source
Graph showing the last paragraph of my answer. I had to reply with another instance as lemm.ee has disabled images.
Graph from stlouis fed showing same data as embedded graph
Scott santens blog with graph