> With UBI you get a fixed income from the government regardless of any other income you may or may not make. The idea is generally you replace a lot of the existing benefits (income support, pensions, the whole lot) which have to be applied for, administered, policed for fraud and etc with UBI, and you then bump the taxes a bit so people earning some target income basically see no net change, thereby ensuring that you don't just print money, and the overall change to tax receipts vs money spent is basically zero.
Yeah, but it sounds like GP understands the implications of that, and you don't.
The government can, and will, vary the level of income from time to time. There will always be an incentive to lower it, but almost never to increase it. Increasing it reduces the number of people in the labor pool. It also will feel victim to the current prejudice against those who do not work. If there were forces likely to result in it increasing, those forces would already be applied to, say, the minimum wage, which hasn't changed in nearly 20 years, not even to keep up with inflation.
That means anyone reliant upon UBI to live, such as those currently receiving social security/pensions, disabled people (who frequently need far more money than most to live on because of the costs of maintaining their disability) or other benefits (unemployment etc) will end up with an unlivable quantity even though they have no other sources of income.
So instead of UBI being a way to eliminate these benefits in favor of some means-test-free utopia, what it actually is is a scheme to remove benefits from those who need it most, forcing the disabled and the elderly to work, and ensuring there's little or no safety net for those who lose their jobs.
Which is probably why the Epstein class, which has never shown any signs of being "pro-great-unwashed" in the last 20 years, is so in favor of it. Introduce it, raise the cost of living, and get everyone to have enough economic anxiety they'll put up with Amazon level labor standards and Walmart level wages. If we're lucky. Now they can run their corporations the way they want.
It's fucked up. UBI is as much of a con as genAI. It's just people are so eager to see what appears to be a utopian escape route from the current system they can't see it's a trap.