Message from @chad
Discord ID: 549274128562126848
Not one few things tho
Overall he’s good
Ah
What is your opinion on UBI
I support it
I don’t
It fixes the problem with welfare and other benefits
I mean it’s better than other forms of welfare
That’s why people like Friedman were for it
Yeah
I’m an Andrew Yang supporter and that’s one of his main issues he’s fighting for
There’s problems with redistributing wealth morally and economically
I saw him yesterday
IRL?
He’s the most moderate
nah
Dude im in uk
Ah
ye he’s against automation etc
I think that’ll be a problem
And focus on other indexes like overall health, quality of life, happiness etc
Because as automation takes more and more jobs GPD will grow, but it doesn’t mention all the people who are screwed because of it
GDP has always been screwed
A ton of jobs will be replaced by a small amount of high skilled tech jobs
Despite what people say, it’s most accurate use is in a primitive economy
But yeah other factors is a good point
However automation *creates* jobs
The market simply reallocates jobs
Yes but it does not create as many jobs as it loses
It creates more
It only creates high skill jobs
Not always
I got an article
What jobs would those be other than tech jobs?
I see a problem with UBI though
it's definitely a bad approach, especailly to a non existant problem like inequality.
Only two ways you can finance this, taxing the rich or printing money
Printing money will have severe consequences
The former is also not good