UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
Jeff Bezos is rich but he cannot spend his wealth unless he is willing to give up control over Amazon. As long as he sticks to that power, his income is zero.
Similarly, if you have money in securities, no money flows.
So to finance UBI, the wages of the citizens are more important than the wealth of billionaires.
That burns, especially seeing your comment frequency. But I would be a little bit proud if I am only annoying but not wrong.
I care about UBI and I think the movement is stuck because they expect politicians to resolve it and billionaires to pay. That won't happen. It hurts to accept it but the sooner acceptance happens the sooner UBI is possible.