If our experience with pandemic “emergency benefits” is any guide, when you pay people not to work, then lo and behold they are unlikely to…work. It will be no different if the magical non-concept of Universal Basic Income ever sees the light of day.
As for the notion that under UBI people will be free to become “care givers” to loved ones, I can foresee a whole lot of youngsters becoming “care givers” to their PlayStation instead.
The Parliamentary Budget Officer produced an analysis in 2021 that concluded that a national guaranteed basic income using parameters of Ontario’s 2017 pilot project could cut Canada’s poverty rate by half in just one year, but at a hefty cost of $91 billion in 2024–25 and $93 billion in 2025–26. That’s nearly double what Ottawa spends, for example, on health transfers to the provinces.
It’s not to reduce poverty or anything like that. It’s way more simple: If you give $ for free you’re guaranteed to be voted again.
Of course all the freeloaders will vote you in, even if you’re a petty little dictator, liar and an imbecile.
If you do the math, $90 billion is $1,500 per month for 5 million people. It’s not enough. Or maybe it’s just enough to get you hooked on the government.
More inflation and economic destruction. Socialism fails every time.
“Socialism fails every time.”?
That depends on what the real purpose of socialism is. (I don’t like what it’s working for or how it works, but I think it’s working.)
Dennis … it’s MEAN old bastards like you who do everything they can to stop young people from doing their art. Nancy Pelosi claimed that passing Obamakkare would FREE our “under-compensated” citizens to spend more time on their … art.
Universal Basic Income would be just another prong of the Cloward-Piven strategy to deliberately overwhelm the social safety net and thereby destroy the country.
The current open borders strategy to import no-skilled 3rd worders is another Cloward-Piven project.
Why is it, that then when an economist likes something, it’s a great idea? Aren’t these guys wrong pretty much every single time? Name an economist who ever saved an economy. Because I can name quite a few who have f**ked things up. Starting with Karl Marx and moving on to John Maynard Keynes, an economist who was so stupid they had to use his middle name to make him sound smart. How about Krugman? They’re all stupid.
Some other considerations perhaps, Steve. Marx was not really an economist. He was the leader of a religious cult aiming to create a proletarian paradise. This is more about philosophy or theology than economics. He was aiming for a Platonic Republic. He was also a violent racist antisemite preaching for the murder of the bourgeoisie (bankers are all Jews, according to Marx) and stealing everything they owned. He’s not stupid. A vicious advocate of mass murderer undoubtedly.
As for Keynes, he was not stupid either. But his interests and ours are very, very different. Keynes was an aristocrat. When he talked about what was best for the national economy he was only talking about what was in the interests of HIS class, the aristocrats and bankers at the early 20th century. For Keynes, his class and the bankers ARE the country, not the riff-raff. They are simply the cannon-fodder to die in the ranks of the army. He was not in the slightest interested in what was in the best interest of those like you and me. Keynes would have been just fine with the scheming and exclusivity of the WEF. And much, much worse, he was successful, as generations of economists have worshipped at the altar of JMK. Those are the true morons.
I’m all for it. Canada is already dead. Pissing on its corpse won’t matter.
Luxembourg has a debt of over 7000% of GDP. Canada’s is around 900% of GDP.
is that a world record. i would have thought they would have had more sense ,
The problem is that you would have a lot of people with time on their hands, where the only way to get a raise would be to petition the government.
We would have non-stop protests.
UBI – just another re-named plank of communism.
Calling something evil by another name is more than enough to sway the purposely de-educated people of today, aka Liberals.
That’s exactly what it is. The only thing it’s produced in every single instance of it being attempted is mass murder to fuel its endless appetite for more bodies to throw into the inferno.
Hell why not?
We are already bankrupt,so why not add more “programs”.
Everyone will be a zillionaire in Justine’s Can Ahhh Duh,paid a generous allowance by Dear Leader.
The fact that even a wheelbarrow load of the “Glorious Banknotes of his Blessed Self”,will not purchase a loaf of bread?
Why that is “Hate Speech” until after the Election.
Consider the obvious.
If 1 person in 10 is paid by the collective (Thats Government) $100 000/annum.
Then the other 9 must pony up 100 000/9 each, a mere $11 000 each every year.
Now if 4 of the 10 are on the take?
400 000/6, begin to see the problem?
We tax payers can all pay up $66 000 every year..Right?
And this ignores the other part of reality out of every 10 Canadians maybe 5- 8 are of working age and employed..
And those wonderful pensions and benefits.
Bankrupt.
With no chance of ever paying the debt off..
But “It is free stuff”..
Democracy will always collapse,once the voters can give themselves “free stuff” and lose the personal integrity to abstain from looting their neighbours.
Western Independence is impossible to avoid.
It is the only practical solution for productive citizens.
There is nowhere else to go.
If you desire a civil society with a future.
30% of Canaduh is already working for the government .
“Working”? Or do you mean employed by the government?
One thing about a digital currency John is the ability to have the numbers for inflation go into infinity and you need have nothing in your pocket.
The problem I see is that we are quickly moving towards a situation where many jobs disappear in favour if AI. I have always said that a big role for computers is to relieve human toil. That’s a good thing I think. Ultimately if there are major changes to the economy such that many people are without work, some adjustment needs to be made. Maybe UBI. What alternatives are there if there is no work?
Let’s wait and see. A.I.
Hasn’t replaced anyone yet.
UBI Will definitely DO SOMETHING.
No question whatsoever.
If you thought the 2.5 Million useless Middle Eastern Sub Saharan low life brought into Canada the past 4-5 yrs was far far too many….??
YOU AIN’T SEEN NOTHIN yet.
TALK about an I N V I T AT I O N. . . ? ?
Seems to me Canada is the crucible & test bed for Klaus Schwab’s WEF Globalist Plans W/ Justin playing the part of the Major Domo.
Kate:
This post right here should go into Jan 25th READERS TIPS. if you would pls. Working a nite shift…no access.
Gracias.
Shoutout to Colonialista…
Tucker Carlson interviews Col Douglas McGregor US Army. A most enlightening discussion on all things UKRAINE.
https://www.youtube.com/watch?v=_glbBx4RrUI&t=715s
Gold, Steak, gold! Thank you for sharing this. I’m passing it along.
UBI and Safe Supply, a match made in heaven.
UBI isn’t intended for Canadians. If you look at the implementation plan, it is to be extended to foreign students, temporary foreign workers, visa holders, and refugees. It is a means of transferring wealth from Canadian citizens to newcomers, in order to attract a critical mass of immigrants very quickly.
UBI is economically unsustainable for more than a few months, and it will quickly devalue our currency to the point where $2000 a month is simply not livable, but I don’t believe this is intended as a long term solution: it’s a contemplated Hail Mary pass to distort the electorate and cause a bump in Liberal popularity. It only needs to work long enough for them to win the next election.
$2,000 a month is not livable now.
Because UBI works so well on Indian reserves….
IF we are going to have universal programs of any sort (pensions, health care, schooling for example) the most efficient and effective way to manage them is for government NOT to handle them. A single Canada Dividend routinely paid into individual dedicated accounts could serve every purpose that is now poorly administered by millions of bureaucrats. Just entitle every full citizen to a share of the nation’s wealth (with better government policies it could be be many times larger) from cradle to grave, and let private markets replace all government “services”. Education, for example, could be marketed by a variety of providers from private tutors to shopping mall style “schools” where each teacher “sells” her service, and evaluators also compete to keep parents and older students apprised of learning outcomes. Free markets will fill every need because there is money to be earned, unlike, as with government, money trickling down through layers of unaccountable intermediaries.