Just... wow. Are people really that stupid?
First of all, money has no intrinsic value. Its worth is derived as a consequence of the fact that we use it to barter indirectly for goods and services, because indirect barter is a lot more efficient than direct barter.
Money handed to people with no strings attached is worth exactly as much as the effort they put into earning that money. In other words, it’s worthless.
Strange logic. Actually, it spends exactly the same as any other money, whether it's individual or corporate welfare.
Milton Friedman demonstrated that capitalism is the best vehicle to lift people out of poverty but Progressives will never stop chewing on the socialism bone.
Sounds like a far-fetched idea, right? Wrong. All over the world, people are talking guaranteeing basic incomes for citizens as a viable policy.
And if all over the world people are talking about jumping off a bridge...?
——Just... wow. Are people really that stupid?——
The economic IQ in this country must be below 25....
How can anyone think this idea is even remotely viable must be brain dead....
“Money handed to people with no strings attached is worth exactly as much as the effort they put into earning that money. In other words, its worthless.”
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Amazing how so many fail to understand such a simple and obvious truth.
My respect for Ayn Rand grows every day. Fifty years ago I read in Atlas Shrugged that Americans were the first to use the term “to make money” rather than “to get money” because Americans used to realize that money is actually MADE by the act of working to acquire it. The coin, cash, check or digital entry is merely a way of keeping track of how much money you have actually MADE. Handing it from one hand to another with no requirement for work does not MAKE any money.
I have actually spoken with people who seemed to believe that the government can take care of everyone’s need without anyone having to work unless they, “just want to”.