If every unscrupulous politician can promise to raise the base UBI rate to get elected, what stops that?
Obviously, inflation will fix it in the relatively short term, but that's not a good result. And there's an unscrupulous politician in power.
If every unscrupulous politician can promise to lower taxes to get elected, what stops that?
“When the people find that they can vote themselves money that will herald the end of the republic.”
So basically, any nation that increasingly votes itself more money stops being a nation pretty soon
In the end, it probably doesn't have to be perfect, just better than status quo.
If every unscrupulous politician can promise to raise the base UBI rate to get elected, what stops that?
Obviously, inflation will fix it in the relatively short term, but that's not a good result. And there's an unscrupulous politician in power.