A Skeptical Guide to UBI
As Milton Friedman once said, “There’s no such thing as a free lunch.”
As Milton Friedman once said, “There’s no such thing as a free lunch.”
This is how these far-left extremists get their agendas in through the back door. It’s not a weird conspiracy theory: it is a weird conspiracy fact.
Nearly half of ‘frontline’ public servants don’t even show up.
The flood of ‘free money’ in the form of the UBI will cause increased rents and inflation-driven price hikes.
‘Intergenerational equity’ in practice is a bill the young will be paying for. generations
Luxon can keep smacking it around the world if he likes. Meanwhile the rest of New Zealand will be wondering why their government seems more interested in distant billion customers than the struggling families right here at home.
We are subsidising international social engineering projects while failing to maintain basic domestic public services. This represents a troubling lack of oversight that demands immediate public scrutiny.
In April, IRD noted it had “identified 355,000 unique crypto-asset users in New Zealand, undertaking around 57 million transactions, with a value of $36 billion”.
Nobody can look at the evidence and deny a problem. Too many are languishing on benefits when the best thing for their mental health would be a job: a purpose, companionship and more money.
Socialists hope to radically change America – and they just might get the chance. Democrat incumbents and big businesses beware.
Here’s the bottom line. Washington won’t cut spending. And it doesn’t look like they’re going to cut regulations either. They won’t even tackle obvious fraud when it smacks them in the face.
When we leave it to politicians and bureaucrats who think they know better – well, we get the 2026 Federal Budget – or worse. Let’s leave the plane flying to the pilots, yeah?
The actual solution is embarrassingly simple. You are only “in hock to the bond market” if you borrow. This most certainly will not improve under a “business friendly” socialist.
TOP just wants to redistribute more than ever before, with no strings and no obligations, all the while pretending they have a magic bullet to do away with complexity, EMTRs and to fire-up the economy. I don’t think they understand human nature.