You get that many people who have a basic income will not work. Especially if health care comes along with it. You will add to violence and gangs and drugs. You will have people working for cash. You will have permanent underclass and it will be larger than anything we have now.
The reality is that we have a certain amount of people who work because they have to. If those people don’t need the money they will not work. And especially if they are under 30 they will never work. Crime will go up because these people will have lots of time on their hands but not enough money to do anything. Many will spend everything on the first day of the month or week, whenever their check comes in. They will be destitute again it will just start the second or third day of the month.
And to pay for those who choose not to work there will be those who do. And if they have to pay too much so that others do nothing, then even more will not work.
I think we are toying with the ideas that we have tried and tossed away over 50 years ago. I have a theory about humanity. it goes like this; There is nothing so stupid that humanity won’t try it...twice. The Eva Peron want-to-bes who have decided this is a good idea, need a lesson in history as well as economics. I suggest a field trip to Venezuela Greece and Cuba to start.
See the Mayflower Compact ....