"In addition, a UBI takes pressure and saves costs of other social programs. " I... | Hacker News

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		fsloth on July 30, 2020 \| parent \| context \| favorite \| on: Universal Basic Income is Capitalism 2.0 "In addition, a UBI takes pressure and saves costs of other social programs. " I would go as far and say that in the optimal case UBI would replace other social programs.

dalbasal on July 30, 2020 [–]

Some savings are automatic. If a social program targets low income thresholds, and UBI raises some people above that threshold then fewer people draw on it. It costs less.

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