21-07-2017 15:31 via technocracy.news

Why Universal Basic Income Is Gaining Supporters And Critics

Fake history and fake facts are underpinning the argument for UBI, much like the pseudo-science of global warming. To state that UBI “starts to add up to a very significant portion of the GDP,” is woefully ignorant of economic terminology and meaning. GDP stands for “Gross Domestic Product”, whereas UBI is a government handout created out of thin air from taxpayer money. ⁃ TN EditorThe idea of a universal basic income — monthly cash payments from the
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