One of my classmates in my Texas government class wrote a blog titled "Stage 7." They go by the tag Skeptical Centrist. This student attempted to tackle the age long question of how to end poverty. This student recommended a UBI, a universal basic income. This program would be funded by companies who opt in to using automated systems to replace human workers via taxes.
While many people use Sweden as the Hallmark for socialist policies, it is evident that productivity has gone way down and they economy has suffered for it. Along with that, using taxes to fund a UBI will cause a seep rise in the price of goods and services affected by the tax. That tax would be added into the production cost of the goods and or services that people would pay for, thus raising the prices.
While this student's blog is full of passion, I don't see how it connects to Texas policy. If a plan like this were to be implemented, it would need to be done at a national level in order to raise enough revenue to actually fund this program. And, while economic and government policy are closely linked, Skeptical Centrist seems to be more focused on economics rather than policy.
While many people use Sweden as the Hallmark for socialist policies, it is evident that productivity has gone way down and they economy has suffered for it. Along with that, using taxes to fund a UBI will cause a seep rise in the price of goods and services affected by the tax. That tax would be added into the production cost of the goods and or services that people would pay for, thus raising the prices.
While this student's blog is full of passion, I don't see how it connects to Texas policy. If a plan like this were to be implemented, it would need to be done at a national level in order to raise enough revenue to actually fund this program. And, while economic and government policy are closely linked, Skeptical Centrist seems to be more focused on economics rather than policy.
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