Oddbean new post about login | logout My X algorithm is flooded with “UBI is the answer” posts for some reason. Wasn’t the Covid stimulus a UBI test drive? The results I witnessed were inflation and that it killed ambition & work ethic in several of our practice employees.
UBI is really stupid, highly inflationary, and totally inevitable.
https://image.nostr.build/137d0cd7207bb1d5cbf80bb4df6ecad3b829ee86cb1150e1f338cd8f757c5da7.gif
Inevitable once the Millennials gain control of the US political apparatus.
Don’t think this is true, there will be pushback from other millennials. Stop with the constant “millennials are the problem” and recognize the failures of boomers and gen x in the lessons they taught.
I’m not blaming the Millennial cohort. But in a democracy, the majority voting bloc gets to set the agenda. This has been true of the Baby Boomers over the past several decades, and it will soon be true of the Millennials, the up and coming largest voting bloc. It’s not a judgement call—it’s neither “good” nor “bad”—it’s just an observation. As smaller voting blocs, Gen X and Gen Z simply have to go along with this form of Mob Rule.
As generations age, their political views shift conservative. This will happen to millennials, albeit at a later age due to their delayed life events. This delay is countered by the extended life span of boomers. I don’t think the outcome is as obvious as anticipated.
Interesting you say this. It wasn’t our GenX or Boomer employees who wanted to wait for their unemployment benefits to run out before coming back to work, it was all millennials. Of course they wanted us to continue paying for their health insurance until the UE benefits ran out too.
Many people loved it. Sad but true.
You’re 100% correct. And you’re lucky. My algo was filled with the dude who won women’s boxing gold metal. Big reason why I quit Twitter.
What’s UBI?
Universal basic income. Got it. *sigh* people always want dad to take care of everything and then get mad when he fucks it all up
UBI and price controls, I fear the worst is coming… 😞
as long as I get UBI also. 100% in Bitcoin.
time to post ubi is not the answer memes 😂🚀 https://i.nostr.build/HBf6zna54U1lUgDA.jpg
