alt Hacker NewsI feel like the USA is not prepared for the 50% unemployment rate it's looking at when the value of labor in many industries drops to pennies. Other countries with safety nets and socialist programs can probably switch to a UBI style economy or simply communism, but the USA is so allergic to such things I don't see anything other than chaos and collapse.
And they have allllll those guns too...
Replies
solumunus • yesterday at 12:28 PM
We’ll see. I don’t understand how anyone can view this as an inevitably in the short/medium term, yet that’s how a lot of people are talking. There’s really nothing to suggest this change is imminent.
➕ show 1 reply
Where does that UBI money come from if there are 50% fewer people paying taxes? That's the problem.