No the taxpayers have that money forced from them to support all that. This guaranteed income would be no different. Where else does the money come from?
This could end up being more costly because it would never be enough to please the masses. Especially those who want a raise for doing nothing.
The Gibsmedats will never be satisfied.
“No the taxpayers have that money forced from them to support all that. This guaranteed income would be no different. Where else does the money come from?”
Of course, that’s where the money will always come from. The question is “who will be the taxpayers?” We are moving towards an automated global economy where population increases and fewer workers are required.
Even in places like China where many people are willing to work for “3 hots and a cot”, they are being replaced by machines.
Someday the only people doing work will be those who develop new machines. They and a small group of elite owners/investors/regulators/financiers will be the only ones capable of producing anything or paying taxes.
So what will be done with all the workers and descendants of workers that have no work? You can only kill them or give a guaranteed income by forcing the wealthy to share (welfare). A few would be selected for natural technical skills and leave the ghetto but the majority would basically live in a communist welfare state with no work required for the bare necessities.
“This could end up being more costly because it would never be enough to please the masses. Especially those who want a raise for doing nothing.”
Eventually the majority of the elite will also be doing “nothing” besides counting money from inherited automated businesses and property. It will basically be a system of Royalty with machines instead of human serfs. Few people will become wealthy unless they inherit it. The majority will turn against the elite because they would be seen as taking the majority of wealth created by their machines/property that they simply inherited (same as how the majority sees royalty). The elite are ready for this and are slowly crafting an electronic surveillance prison to detect and eliminate dissent.